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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. Staging Costs. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Home improvements and renovations are also important to buyers.

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Seller concessions. Home staging and preparation. Discover what sellers in your area typically pay by looking up your city using HomeLight’s agent commission calculator. Sellers in San Francisco, for example, pay 5.04% on average. Major home repairs and renovations. The same mindset applies to renovations.

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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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What Is the Cost to Sell a House in Texas?

HomeLight

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. What are common expenses for home sellers in Texas? Staging: $78 to $109 per hour , or about $7,765 for a 2,000-square-foot home.

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What Costs Are Involved in Selling My House?

HomeLight

So, the seller’s market is holding, but cooling. no more than $2,500 on repairs and staging. If you’re like most families, your home is your biggest financial asset. So, if you decide to sell, your priority is getting the most return on that major investment. from the prior month and 8.6% from one year ago. Michael Kennedy.

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What Is the Average Cost to Sell a House in California?

HomeLight

While the market in California is still hot for sellers, there has been a decrease in the number of homes sold. You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Housing trends in California. It is an important data point for buyers.

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What Is the Cost to Sell a House in Seattle?

HomeLight

If you sell your home for $885,100 — the median home value in Seattle — your seller costs might be around $108,084, based on the averages for each of the common expenses we’ll review below. If you’re like most people in Seattle, your house is the single most expensive asset you own. When you decide to sell, it’s a big deal.