A Quick Guide on the Average Cost to Sell a House
Should you decide to sell your house, there are numerous costs that you’ll need to pay.
To ensure you’re adequately covering your costs, you need to know the average cost to sell a house. The average cost to sell a house includes closing costs, advertising costs, and fixing up the house.
Are you trying to learn the average cost to sell a house? If so, then keep reading.
In this guide, we’ll talk about the common costs involved in selling a house. That way you know exactly what to expect. Let’s begin!
Home Inspection Cost
The average home inspection cost can range anywhere from $200 to $500. However, the most common price range is between $300 and $400.
Home inspection costs will generally be lower if you live in a smaller home since there is less to inspect. The cost may also be lower if you sell your home during the off-season.
Home Staging Cost
Home staging cost is typically between $652 and $2,529. Or expect to mostly spend around $2,000 on staging services.
This cost can be recouped if the home is sold quickly and for more money than it would have without staging. Always consult with a professional stager to get an accurate estimate for your home.
Document preparation is one of the most important, and often overlooked, aspects of selling a house. Without proper documentation, the sale could fall through or end up being much more expensive than anticipated.
The first step is to order a property profile from your local city or county. This will provide you with an estimate of the market value of your home, as well as information on any zoning restrictions or easements that may be attached to the property. The profile will typically cost around $50.
Next, you’ll need to have a real estate attorney draft or review the sales contract. This is one of the most important documents in the selling process, so it’s important to have it done right. The average cost for this service is $1,000 to $5,000.
Marketing Your Sale
Marketing your house for sale doesn’t have to be expensive. There are many free or low-cost marketing strategies you can use to reach buyers.
Real estate agents though suggest that you spend 10% of your sale price on marketing. Additionally, take advantage of free online marketing tools, such as social media and listing sites. You can also hold an open house or host a broker’s tour to attract buyers.
With some creativity and planning, you can sell your house without breaking the bank.
Real Estate Commission
Real estate commissions are the home selling fees charged by real estate agents for their services in connection with selling real estate properties. The typical commission is 6% of the sales price, but this can vary depending on the agent’s experience and the market conditions.
The average cost to sell a house real estate commission is $12,000. This is based on a sales price of $200,000 and a commission of 6%.
Know How Much It Cost to Sell a House
If you’re thinking of selling your house, it’s important to know how much it will cost to sell a house. There are many factors to consider, from the cost of hiring a real estate agent to the cost of repairs and renovations. But with a little research, you can get a good idea of how much it will cost to sell your house.
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