There are a number of costs to expect with a traditional sale of your Kansas City home. Find out if working with an agent is really the right choice for your situation and property in our latest post!
Working with a real estate agent in Kansas City to sell your house isn’t always worth it. When you factor in the costs, time, and effort required on your part, you may find that an alternative method of selling is the better choice for you. Below, we list five major costs you should be prepared for if you choose to sell your house in the traditional way.
When selling your house in Kansas City, it will likely require you to make some repairs. Fixing the little things around the place can really add up. And if the home needs more substantial repairs the costs can be much higher. Once the home is under contract, the buyer will get a home inspection. If everything comes back clean, then great! If not, then the buyer will want you to fix those items or will ask you for credit on the purchase price to cover the repair.
When putting your house on the MLS in Kansas City, you’ll want to put your best foot forward. Even for the cleanest people out there, this may require the services of a professional cleaning crew to come through. Or maybe you need to hire people to come in and clean the carpets, powerwash the outside, or to rejuvenate stained floor tiles. Even if you can’t, or don’t want to hire out this work, you’ll still want to do this work yourself which takes time. And your time is valuable!
The level of marketing provided by a real estate agent in Kansas City will vary. While some will provide comprehensive marketing plans at no costs, others will supply just the basics. We’ve all seen the disparity in listings and listing quality. Some property listings come with drone footage, and twilight photography. And then there are listing with photos taken by a cell phone camera, highlighting unmade beds and laundry on the floor. Having the top-of-the-line listings that will get the most attention will likely cost you a bit more in the long run. If you do decide to list your house in Kansas City, make sure you know exactly what’s included. Between exclusive listings, signage, and print materials, you could be looking at many expenses you hadn’t planned for.
In some cases, working with a Kansas City real estate agent can be great, making their 6% commission fee well worth it. However, for rother properties paying this amount in order to sell your house isn’t worth it. Six percent of your sales price can be a ton of money! Make sure that the value your agent is bringing makes up for the cost. Run the number before signing a listing agreement with a Kansas City real estate agent. For some Kansas City homeowners, a direct sale can be a better choice for the sale of their unwanted house.
A home seller in Kansas City will likely spend 1-3% of their final sale price in closing costs when selling with a real estate agent. Things like recording fees, settlement fees, title search fees, surveys, and pre-payment penalties are all paid at the closing table. Many of these costs can be eliminated when working with Green Sparrow Properties.