Selling your home can be an overwhelming process. This anxiety could lead you to invest in a realtor to assist you with your home selling process. However, before hiring a realtor make sure to take into account the costs of selling a home with a realtor. When it comes down to it selling with a realtor costs you two things: money and time.
When you sell with a realtor, there are a wealth of fees associated with their services that could seriously cut into any profits that you would be making from selling your home. In the end, these fees could leave you with much less money than you imagined.
Not only do you have to pay the realtor to help you sell your home, but there are also a lot of other hidden fees that no one tells you about when you consider selling your home. For example, a realtor could suggest that you make updates to the existing state of your home. The money for which would all come out of your pocket with no guarantee that they will actually help the house sell.
Other costs associated with selling your home with a realtor can come during the finalization of the selling process. You may have already been convinced by the realtor to sell for less than your desired price, but there are still fees associated with just closing the deal, often referred to as closing costs.
Closing costs can include anything from attorney fees, inspection fees, or HOA fees and anywhere in between. The kind of costs that come can really pile up and take you for at least another couple grand on top of the percentage of the sale that the realtor will receive.
When trying to sell a house, you don’t want your home to sit on the market for months on end. When selling with a realtor, the time required to sell your home could be drastically extended. Looking for a realtor that would be able to effectively sell your home will take time. If your realtor suggests that you make updates to the property, that will take both time and money. If your realtor decides to only list your home certain places or only show to certain people, that could lengthen the amount of time it takes to sell your home. And signing contracts, determining closing costs, and paying closing costs all require time.
When selling with a realtor, time seems to lose all importance, since you are required to take so many extra time consuming steps just to get your house in front of interested potentials. This extra time that you are spending could be cut down greatly if you decide to sell the property on your own instead of with the assistance of a realtor.
Whether you’re relocating for work or moving to a better neighborhood, the most important aspects of selling a house come down to money and time and the less you have of either only slows down your ability to be able to move out of your current home. If you want to ensure that you are able to spend less time selling and have the most money in your pocket at the end of it all, you may want to consider alternative routes.
Want to avoid the hassle of having to sell your home on the market all together? Give us a call at 469-701-1666 or fill out an online form to get started!