The three main types of costs home sellers need to know about.

Are you planning on selling your home in the near future? Now is a great time to sell; many homeowners have a ton of equity in their properties, especially if you’ve lived in your home for a few years now. However, you should know that selling your home isn’t all profit. There are costs you need to pay. That’s why today I’m sharing the three main costs associated with selling your home and a few things you can do to prepare for them.

1. Costs before the sale. These are all the things you should do before listing your home, including pre-inspections, repairs, renovations, and cleaning. While most of these things aren’t 100% necessary, every agent will recommend you do them if you want to get the most money possible for your home. Let’s schedule a pre-listing appointment, and with my Sold with Care method, we can discuss your plans and find options that fit your budget.

 

“With my Sold with Care method, we can discuss your plans and find options that fit your budget.”

 

2. Costs of selling. These are the costs that come with a real estate transaction, like listing agent and buyer’s agent commission, marketing costs, and more. We can also discuss these costs and look at different packages that we can customize based on your situation and budget.

3. Closing costs. These costs go towards transferring ownership of the property, like title fees, escrow fees, mortgage insurance, seller concessions, notary fees, and any other fees that are part of the closing cost. Seller concessions can be negotiated, and with my Sold with Care method, I can provide a seller net sheet so you can better understand what this means to you financially.

Planning for a home sale is a lot of work, but we can help. I’d love to discuss how my Sold with Care method can help you get the results you want and the care that you deserve. Just call me at (773) 965-4100 or email me at ressie@kw.com. As always, I’m here to serve.