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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Home improvements and renovations are also important to buyers.

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What is a 2-1 temporary rate buydown?

Housing Wire

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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What is a home appraisal gap?

Housing Wire

Four renovations to consider before selling your house. Your real estate agent can help if you decide to go this route. Ask for seller concessions to make up for the increased price. Your agent can help pull these for you. But what does it mean for you as the buyer? More for Real Estate Enthusiasts.

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A 2-1 temporary rate buydown can help you with on-the-fence buyers

Real Trends

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Standout sellers: Sellers (and their agents) must focus on marketing, repairs, and competitive pricing to stand out and snag offers. Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. Pricing can fluctuate rapidly in a seller’s market.

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11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

Buyers are usually looking forward to a new lifestyle, not just new walls and doors,” says Kendall Rodesiler , top real estate agent in Toledo, Ohio. “So, Gather repair and renovation records. Collect those now to have them ready for your real estate agent, home inspector, and property appraiser. Tackle neglected maintenance.

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A Guide On How To Sell Your House Fast

Redfin

While most people fixate on the 6 percent real estate agent fee , the cost of selling your home is actually more. In addition to real estate commissions, you may also have to pay for: Repair and renovation. Seller concessions. Plus qualifying renovation costs are tax-deductible. Landscaping and lawn care.

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