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4 Things You Should Know About Listing Costs When Selling Your House in

The cost of listing with an agent can get expensive!
Listing Costs: 4 Things to Know Before Selling Your House 


In all likelihood, the next thing on your mind when you consider selling your home is how you’ll spend the profits, followed by how much you’ll pay in commissions, which is the cost of hiring a real estate agent. FSBO is not for everyone, and only about one in ten homeowners succeed in selling their homes on their own.

In addition to advising you on the home’s presentation, a realtor helps you find qualified buyers and arranges for professional services such as home inspections and paperwork. Agents who list properties online use the latest technology and highly trafficked websites. Find out what you need to know about listing costs when selling your house in in this article.

Prepping

While the commission on the sale may be the most considerable expense to come off your profits at the closing, you should know that prepping and repairs sometimes come with a higher price tag when selling your house in . An alternative to listing yourself or with an agent, you can skip the prepping, updating, and even the repairs by making a direct sale for your property as-is to a professional investor like those at Tennessee Property Liquidators LLC. 

Commissions, Fees

As the seller, you will also pay agents commissions for the buyers as part of the listing costs when selling your house in . For a home valued at $300,000, with agent’s commissions ranging from around 4.5 percent to 6 percent of the home’s value, meaning you’ll pay between $13,500 and $18,000 at closing. In addition, you may also owe brokers fees, and you’ll pay for the professional inspection and appraisal, as well as closing costs. Finally, consider the charges associated with marketing. Today’s buyers are tech-savvy and have high expectations when scrolling online looking for properties. The industry standard of the day requires professional photography and often a professional stager to show your property in the best light and compete with other listings. When you work with a professional investor to buy your property, like the pros at Tennessee Property Liquidators LLC, you can keep the commissions, fees, and marketing expenses in your pocket, and you won’t even pay any closing costs.

Holding

A real estate agent cannot tell you your closing date, nor can they guarantee that your home will sell. The expense of holding the property while it is for sale is another thing you should know about listing costs when selling your house in . As you wait for buyers to come to your door, it can be agonizingly costly as hours turn into days, weeks, or even months. All the while, your mortgage, insurance, taxes, and monthly utility bills continue to weigh on your shoulders. Regrettably, when some agents set the asking price, they may bend to their client’s demands, listing the property at an unreasonable value, knowing that as days pass and the pressure builds, the sellers will agree to drop the asking price. One problem with this approach is that the longer a home is on the market, the less likely you will sell at the highest possible price. Because of their ability to quickly assess a property’s features and compare it to thousands of other listings, buyers are highly aware of current market value. Likewise, underpricing a home can cause buyers to assume something is wrong and bypass the property.

However, you will have a guaranteed closing scheduled by making a direct sale to a direct buyer like those at Tennessee Property Liquidators LLC. For most properties, a direct sale can close in a matter of a few days or weeks, with the convenience of selecting whatever calendar date works best for your plans. 

Tennessee Property Liquidators LLC

The most important thing you should know about listing costs when selling your house in is that Tennessee Property Liquidators LLC will buy your home directly, for cash, and save you all of the costs of listing and all of the precious time. At Tennessee Property Liquidators LLC, we understand that your home is likely the most significant investment of your lifetime, so we stop everything and pay attention to what you have to say. At Tennessee Property Liquidators LLC, we want to help you overcome any hurdles you may be facing, be they financial or time constraints. Our goal at Tennessee Property Liquidators LLC is the make the process easy; that is why we explain everything, step by step. Therefore, before deciding which method of home sales is best for your circumstances, why not let a direct buyer from Tennessee Property Liquidators LLC provide you with a comparison of what you would earn by listing the home on the market vs. our offer, which you’ll agree is fair. Contact Tennessee Property Liquidators LLC today at (865) 685-4985.