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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. Home improvements and renovations are also important to buyers. Seller Concessions. A concession is when the seller agrees to pay part of a buyer’s closing costs.

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

HomeLight

Gather repair and renovation records. If you’ve lived in your home for a significant length of time, chances are you have the records or receipts for appliance repairs and upgrades, renovations big and small, as well as services to your HVAC and fireplace. Consider a pre-sale inspection. Seller concessions.

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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

There may be disadvantages, like limited inspection objections and cash offer competition. This keeps home prices high and leaves buyers little room for negotiation. You need to help them with strategy and help them avoid settling for less than what they want. That’s one of the pros of being a real estate agent !

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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’re looking for certain interior features or more space, it may make more sense to renovate your current house. Plus qualifying renovation costs are tax-deductible. Landscaping and lawn care.

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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.

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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.