When you are ready to sell your house, if you are like most home sellers, your immediate thought is to find a real estate agent to list your home.
Unfortunately, the listing process is fraught with expenses that you should keep in mind as you calculate your potential profits on the sale of your house.
So read on as we explore four hidden costs of hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston.
Commissions and Fees
While the commission is determined when you sign your listing contract, you don’t feel the impact until you add up the extra fees at the closing table, making it one of the hidden costs of hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston.
Real estate agents typically charge a commission fee for their services, which is a percentage of the sale price of the property. The commission is typically split between the listing agent (the agent who represents the seller) and the buyer’s agent (the agent who represents the buyer). The commission rate can vary depending on the market, the property’s price, and other factors, and it is negotiable between the seller and their agent.
In addition to the commission, there may be other fees associated with selling a property, such as marketing expenses, staging costs, and transaction fees. These fees can vary depending on the agent and the market.
It is important to carefully review and understand the terms of any listing contract and the fees associated with selling a property before signing on with an agent. This can help you avoid surprises and ensure that you are comfortable with the costs associated with selling your home.
Concerns about the profits lost to commissions for a real estate agent’s services often lead them to attempt to sell as an FSBO or for sale by the owner; however, these listings typically sell for much less.
Professional house buyers at NC TLC Estate have the solution. NC TLC Estate will help you avoid these costs when you sell your house directly because we never charge commissions, and there are no hidden fees.
Professionals
From the inspection and appraisal to professionals for photography and 360hidden costs of degree drone footage or stagers, you’ll foot the bill for many professionals when hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston.
There may be additional costs beyond the real estate agent’s commission and marketing fees, as we mentioned. These costs can include:
- Home inspection: A home inspection is often required by buyers to evaluate the condition of the property. As a seller, you may choose to have your own inspection done before listing the property to identify any issues that may need to be addressed.
- Appraisal: An appraisal may be required by the buyer’s lender to determine the value of the property. As a seller, you may choose to have your own appraisal done to determine a fair listing price.
- Photography and 360-degree drone footage: Professional photography and drone footage can help to showcase the property in the best light and make it stand out online. These services can be an additional cost for the seller.
- Staging: Staging involves setting up the home with furniture and decor to help buyers envision themselves living in the space. Staging can be an effective way to help sell a property, but it can also come at an additional cost to the seller.
- Closing costs: Closing costs are fees associated with the sale of the property, including title search and insurance, transfer taxes, and other fees. These costs are typically split between the buyer and seller.
It’s important for sellers to factor in these potential costs when preparing to sell their home. Working with a knowledgeable and experienced real estate agent can help you navigate these costs and minimize surprises.
NC TLC Estate saves sellers time, money and hassles because we work with a full-service in-house team of industry specialists. When you sell your house directly to NC TLC Estate, it includes everything needed to take you to the closing table in days with no closing costs.
Holding Costs
Rarely considered, holding costs are also among the hidden costs of hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. Real estate agents cannot tell you the day your home will sell or even guarantee it will sell. On the other hand, professional buyers like those at NC TLC Estate are buyers and because they aren’t worried about moving in, talk to them about selecting the best closing date when you sell your house. The professional buyers at NC TLC Estate can guarantee a closing date.
Repairs
An inspection can reveal significant issues you must address before the sale closes, making repairs another hidden cost of hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston.
Professional buyers like those at NC TLC Estate can save you from spending restless nights worried about passing the inspection. You can avoid the headaches and potentially save thousands in unexpected repair bills because the professional buyers at NC TLC Estate buy homes as-is for cash.
The best way to avoid the hidden costs of hiring an agent to sell your house in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston is by making a direct sale to professional buyers at NC TLC Estate. The professional buyers at NC TLC Estate will give you all the information you need to make an educated decision about what is best for you; they’ll compare your profits from listing vs. a direct sale, going over the details with complete transparency. There are no commissions or hidden fees, no repairs to worry about, and no holding costs when you sell your house directly to a local professional buyer at NC TLC Estate. The team at NC TLC Estate are your neighbors who live and work alongside you here in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston, and we care about our community and the people in it; that is why we want you to feel good about working with us long after closing. Talk to a professional buyer today at NC TLC Estate about the best way to sell your house. Call NC TLC Estate at 919-920-7081.