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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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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. Home staging, photographs, and cleaning services. Seller concessions. If you’re looking for certain interior features or more space, it may make more sense to renovate your current house. Landscaping and lawn care.

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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. Pro Tip Sellers can get frustrated when their listing sits on the market, waiting for a buyer. For agents, offering advice on cost-effective improvements, staging tips, and accurate pricing is essential. Your buyers will need to act fast.

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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. Install fresh mulch for another $1,749 boost.

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

HomeLight

Seller concessions. Home pre-inspection. Home staging and preparation. Major home repairs and renovations. The type of home repairs and renovations a seller should complete remains one of the more variable costs, but could end up one of the pricier expenses for a seller. Seller concession.

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

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Staging the house: $2,200. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. You may not have to make concessions to make the sale.

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What Is the Cost to Sell a House in Massachusetts?

HomeLight

You can probably expect to run into these typical expenses for home sellers in Massachusetts: Prepping your house for sale. Seller concessions. Staging the house: $2,300. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Realtor® fees. Closing costs. Attorney fees.