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

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. Bottom Line.

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

HomeLight

If you plan to live in your house while you sell it — as most sellers do — you’ll need to get into a routine of regular cleanings and quick spruce-ups before buyers pop in for showings. Gather repair and renovation records. Source: (Ricky Singh / Unsplash). Purge the house of clutter. Shred sensitive documents you don’t need.

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16 Tips to Win a Bidding War on a House

The Close

That showed the sellers that my clients were more invested and serious about purchasing the home. Don’t Ask for Seller Concessions In many transactions, asking the seller to cover some of the associated home purchasing costs is customary. But every little concession is important when you’re in a bidding war on a house.

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

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. I’ll help you identify “ Is it a buyer’s or a seller’s market?” I’ll help you identify “ Is it a buyer’s or a seller’s market?” What Is a Seller’s Market?

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A Guide On How To Sell Your House Fast

Redfin

In addition to real estate commissions, you may also have to pay for: Repair and renovation. Seller concessions. If you plan to buy a house instead of moving back into a rental property , as most home sellers do, you may find yourself in a high-intensity market where you need to make offers quickly. Potential tax bill.

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Fees and Costs Associated With Selling a House in 2023

HomeLight

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes. It’s customary for the seller to pay both.)

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Navigating Maryland Home Inspections: A Guide for Homebuyers

Redfin

However, the process can also be intricate and overwhelming, especially when it comes to understanding the nuances of home inspections. If you’re looking to buy a home in Baltimore, MD , the significance of a comprehensive home inspection cannot be overstated. Why should you get a home inspection in Maryland? Let’s get started.