Listing your home isn’t free. There are costs, chores and a lot of work that goes into getting your home ready for the market. Before you list your home, think about the time, energy and money that go into it. If you have a direct buyer, with a great offer, it is often preferred to the hassle and out of pocket costs of listing. How much does it Really cost to sell your home in Minnesota.
Commissions, Staging & Yard Work, Oh My!
You would be amazed what a little cleaning can do to the aesthetics of your house. Bust out that dusting mop and grab that old tooth brush and get down to business. Make sure that your house looks good and by that I mean clean up toys, clothes, garbage, etc. Also I would suggest buying some air freshers to get rid of that stale smell in your house that you have become accustom to ; )
First impressions are important. When people pull up to your house they don’t want to be reminded of all the yard work that goes into owning a home. Freshen up your landscape by using some of these tips.
- Trim tree branches
- Mow lawn ( Keep nice even crispy lines when mowing)
- Pull Weeds
- Plant a few fresh flowers
By combining all these tips I’m sure you will be giving people whiplash from all the heads whipping back to get a second glance of your Landscape 🤙🏻 💪🏻
Moving and Storage
Even if you are nonetheless living in the home, once you put it on the market, it is smart to get some of your private items packed and stored, prepared for your move. Having your private items round the domestic can make it experience cluttered and dissuade shoppers from having interest. While your domestic is listed, you will want someplace to preserve your stuff. This would possibly require storage offsite. If you are staying someplace temporarily until your house sells, your will probably be paying lease in addition to your mortgage. (And do not forget, two sets of utility bills.)
Once your house does sell, there are the costs of moving. Will you have movers help? Will you do all the packing yourself? Will you need a truck? These are all costs to consider and factor into your budget.
Listing Fees, Agent Fees, Administrative Fees and Notary Charges
Working with an agent also brings a plethora of fee and charges you may not be prepared for. (These charges are IN ADDITION to the commission, which we talk about below.) Agents will pass on a number of fees to you for marketing, listing, and administrative tasks such as clerical work and printing. You will face costs for notarization and other small charges that add up fast.
This is a big one. Selling your home through an agent entitles them to a commission. Think 6% of your sale price. This can be more or less, but 6% is a good estimation. When you are calculating your asking price, make sure you factor in commissions as well as the other charges listed above.