Thinking about selling your house in Kansas City? Selling your own the traditional way comes with a lot of hidden expenses. Many people don’t realize all the little things might come with selling your home, whether you’re using a traditional real estate agent or selling the home on your own. We will explore five costs you may not be aware of when selling your house in Kansas City.
Commissions and Fees
This is probably one of the biggest expenses for the majority of homeowners. When working with an agent, they will want 6% of the sales price usually in order to sell the property. Even if you try to sell the home on your own, the buyer’s agent will likely want 3% of the sales price. And companies like iBuyers are some of the most notorious for tacking on a bunch of extra hidden fees which brings down the amount of money you put in your pocket at the end of the day. These commissions and fees can run into the thousands and are something you may not be aware of when selling your house in Kansas City.
As we’re selling anything marketing and property is really the bread and butter of the home sales process. But this is certainly not free. Whether you decide to put advertisements in the newspaper online or also something on the MLS with a discount brokerage you’re going to run into expenses. Many of these expenses are also in prepping your home for marketing such as paying for photography or professional cleaning of the home.
Prepping your home to be in selling condition may be one of the largest and most stressful of the costs you may not be aware of when selling your house in Kansas City. When you looking to sell your home, the last thing you want to do is dump a bunch more money into it right? Many times buyers will get a home inspection in which will bring up all sorts of issues in the home, especially if it is an older home. At that point you can either credit the seller for the repairs or do them yourself. Depending on the nature of the issue this can be thousands or tens of thousands of dollars in work time and hassle.
Holding onto a property that is lingering on the market carries costs you may not be aware of when selling your house in Kansas City. One delay could be caused by your buyer being denied financing. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Kansas City. Now, to avoid them there is another option to sell your home quickly, with a definite closing date and firm offer from Green Sparrow Properties!
Closing costs for the seller are also costs you may not be aware of when selling your house in Kansas City. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs.
You could be facing a small fortune in costs that you may not be aware of when selling your house in Kansas City. Why not avoid the listing costs you’d normally expect to pay by selling to Green Sparrow Properties instead? With a direct sale to Green Sparrow Properties closings are quick, usually within 30 days or less and you don’t need to worry about repairs. Green Sparrow Properties takes on the risks, buying your home as-is. Green Sparrow Properties even pays all of the closing costs. Send us a message or call us at 816-800-9238 today to find out more!