Do you feel stuck with a house you no longer want in Savannah? Here are some ideas on how to sell your house without any costs in our latest post!
The last thing you want to do when you have a house you no longer want is to spend more money attempting to sell it. Below, we will outline the costs you can expect with a traditional listing with a real estate agent and some ideas on how to avoid them.
Costs Of An Average Listing In Savannah
Many homeowners aren’t aware of the different costs they will pay when listing their house with a Savannah real estate agent. You don’t just call an agent, take a few pictures, and wait for the offers to roll in. If you want to sell your house fast in Savannah, a successful listing the traditional way will likely take a good amount of time and money.
No matter how great of condition your house is in, there are bound to be some repairs needed to get the house ready for the MLS. Whether you are patching holes, touching up paint, fixing a leaky faucet, or replacing trim, all of these small fixes can add up fast. If your house needs more than just a few small repairs, the amount you spend fixing it up may not be worth it. It just doesn’t make sense to make $2,000 in repairs if it only increases the sale value by $500. If you do perform repairs before selling, be sure to read this article that talks about the repairs that are easy to handle.
Marketing a house costs money. While a real estate agent in Savannah will get your house on the MLS, they may not advertise on other sites or invest in premium listings for your property. As the seller, you may find that you end up paying these costs along with the costs of professional photography, staging, and professional cleaning to ensure the house is photo-ready. If you list with an agent, make sure you understand what is included in their services.
Owning a house can be expensive. When you factor in the utility bills, property taxes, insurance costs, maintenance, miscellaneous repairs, and landscaping, just owning the home is costing you money, and that’s not even including the mortgage! Selling your house fast will save you thousands compared to selling your house months down the road. Say you spend $1,300 per month on mortgage/power/water/maintenance- if it takes you 3 months to sell your house, it just cost you almost $4,000!
If you choose to hire an agent in Savannah, you’ll need to know about any costs you can expect for their services. A standard commission will be somewhere around 6%. You’ll want someone who is full service so you don’t find yourself on the hook for things like administrative fees.
Once you total up all of these expenses, you may find that a fast, fair, and direct sale of your house to Cash Homes Savannah, is the best way for you to sell. Get an offer and run the numbers for yourself, there is never any obligation!
Ways To Avoid Selling Costs
Sell Your House Directly
The easiest way to sell your house in Savannah without any costs is by selling it directly to Cash Homes Savannah. We will offer you a fair price, free of the costs, hassles, and wasted time of a traditional listing. You won’t have to spend a dime on any of the things listed above.
List Your House “As-Is”
Instead of spending the money to fix up your property for the MLS, you can choose to list it as-is. Keep in mind that it may take longer to find a buyer this way as most buyers on the MLS are looking for turnkey houses that they can move into right away. If your house needs some work, you may have better luck selling it directly. Keep in mind that many traditional home buyers are going to use a mortgage loan to purchase the house, and banks will require an appraisal of the property.
Offer A Credit
If you would still like to list your house with a Savannah real estate agent, but don’t want to spend any money upfront fixing it up, you can always offer your buyers a credit to do repair work on their own. Keep in mind, this might make finding a buyer a bit more time-consuming as most home buyers are looking for something they can move into right away and may shy away from having to perform any work.