Thinking about selling your house in Sacramento? Traditional home sales carry several expenses, some of which you may not have taken into consideration. No matter if you select to work with a professional real estate agent or sell on your own, you’re likely to run into all of these expenses. We will explore five costs you may not be aware of when selling your house in Sacramento.
1. Commissions and Fees
Along with the traditional commissions that real estate agents charge between 4.5% to 6%, there may also be fees charged for the brokerage services and other costs associated with using an agent. Even if you sell on your own, a buyer is likely to be working with an agent, who will take the commission from your profits. These commissions and fees can run into the thousands and are something you may not be aware of when selling your house in Sacramento.
2. Real Estate Marketing
The real estate marketing is what sells your house. The marketing is to bring buyers to look at an make offers on your house. That could be a yard signs that bring in buyers in your local area to your home, the internet is the main way that brings buyers to your door. Besides the inconveniences of showings, successful marketing comes with costs you may not be aware of when selling your house in Sacramento. In order to compete, online listings require high quality photographs, submitted by a professional photographer. The high quality photos are a must in the Sacramento real estate market. This may also include the services of a professional drone pilot for virtual tours given today’s high demand for this feature on listings.
Prepping your home to be in selling condition may be one of the largest and most stressful of the costs you may not be aware of when selling your house in Sacramento. When the last thing you want to do as a seller is to invest even money into the house, this is just what you may end up having to do. The home inspections can deliver some very expensive news. This is especially true in older homes. Structural issues, foundation or even plumbing problems can literally run into thousands of dollars. Any known issues with the home must be disclosed. If you aren’t able to afford the repairs, be ready to deduct the costs from your asking price.
4. Holding Costs
Holding onto a property that is lingering on the market carries costs you may not be aware of when selling your house in Sacramento. One delay could be caused by your buyer being denied financing. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Sacramento. Now, to avoid them there is another option to sell your home quickly, with a definite closing date and firm offer from Private Capital Real Estate Buyers!
5. Closing Costs
Closing costs for the seller are also costs you may not be aware of when selling your house in Sacramento. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs.
Sell your house the fast and “as is” way
You could be facing a small fortune in costs that you may not be aware of when selling your house in Sacramento. Why not avoid the listing costs you’d normally expect to pay by selling to Private Capital Real Estate Buyers instead? With a direct sale to Private Capital Real Estate Buyers closings are quick, usually within 30 days or less and you don’t need to worry about repairs. Private Capital Real Estate Buyers takes on the risks, buying your home as-is. Private Capital Real Estate Buyers even pays all of the closing costs. Send us a message or call us at (916) 276-8482 today to find out more!