When it comes to selling your house with the help of a Houston real estate agent, many people are caught off-guard by the various expenses, commitments, and exhaustive tasks they must undergo. The traditional route can be quite taxing! To understand the difference between what it costs to sell your house with a traditional agent as opposed to selling directly to an experienced buyer in Houston, we’ve provided some numbers below. With our team’s help, you’ll be able to plug in all of the details for your property and decide which option is right for you!
Hiring An Agent In Houston
Commissions
When you hire a Houston real estate agent to help sell your home, commission expenses will be unavoidable upon the successful sale. These costs can have a serious detrimental impact on the seller’s wallet since commissions often take up around 6% of the final sale price. So let’s say you sell your house for $150,000. Right away, you must pay your agent $9000 before any other costs and fees.
Closing Costs
Selling your home in Houston involves some incurred costs, such as transfer taxes, recording fees and other minor expenses. On average, you should be prepared to shell out 2% of the final sale price for closing costs when working with a real estate agent. Selling your home for $150,000 can often lead to additional fees of up to $3,000. However, when you choose Sound Homebuyers as the direct buyer, we will take care of all closing costs so that you don’t have to deal with any unnecessary expenses!
Repairs
Depending on the condition of your property, you may be looking at hefty repair costs. You might even undertake repairs before listing it in anticipation for what could come up during inspection – only to find yourself with a bigger bill than expected. Whether it’s, termite damage, foundation problems, or flooding issues, repairs can be a costly expense! Commonly, after an inspector has gone through the house buyers will ask that necessary fixes are addressed or seek a discount off the price tag. In any case, these extra expenses can add up quickly and become costly!
Holding Costs
Too many individuals underestimate just how costly homeownership can be. Property taxes, insurance premiums, and utility bills all add up, especially if your house is an older model that isn’t energy-efficient! Consequently, those costs can quickly inflate the cost of ownership. In addition to all the expenses associated with house upkeep and maintenance, you’ll also be faced with long-term carrying costs if your property is listed on the MLS for a prolonged period of time. There could be a number of reasons your home doesn’t sell quickly that your realtor isn’t aware of! But don’t worry! When selling directly to Sound Homebuyers, we can help close the deal quickly and hassle-free in only days – freeing up that additional money while ensuring smooth sailing throughout the process.
Marketing Expenses
When you sell your home using the traditional method, be ready to pay out a substantial amount of money for marketing costs. Depending on who your agent is, these fees may include premium listings, professional photography and signage required to promote your property in its best light possible. Furthermore, don’t assume that a real estate agent will cover all of these expenses. Each one is different and you could find yourself spending more than expected if you wish to have a swift sale for your Houston house!
Selling Your House Directly
On the other hand, selling your house directly to Sound Homebuyers, won’t cost you a thing. Regardless of how you choose to buy or sell, our team offers a cost-free and hassle-free process. You don’t have to stress about making repairs, tidying up, or waiting for someone interested in your house; we take care of the entire sale for you! There are no commissions, agent fees, or marketing costs. You will be able to sell your house fast in Houston free and clear, once and for all!Selling your house directly gives you the maximum financial advantage by avoiding any “hidden” fees or surcharges. Before selling in Houston, it is essential to be aware of all associated costs and charges that could arise when working with a real estate agent. Not only does this ensure that you get what you are expecting from the sale but also grants added control over how much money comes out of your pockets for each transaction. Many sellers prefer direct selling because they can reap the full benefits of their sales without having to sacrifice anything else! Take a look at how our team can help you before signing any listing agreement – selling your house directly in the Houston area may be just what is needed! Nevertheless, there’s only one way to find out for sure: get a no-obligation offer from us today and see if it fits your needs.