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All of These Tips Will Help Your Home Sale
Before you decide to sell your home, it’s important to understand what it will cost you.
We’ve got some wonderful tips to share with you today for those of you looking to take advantage of this real estate market by selling.
It’s no secret that selling your home is likely the largest investment you'll ever make, but it takes money to make money. There’s a lot of moving pieces to a home sale, and fees and taxes that can really add up. The average cost of selling a home is just over $15,000. Knowing what to expect can be the difference between a satisfying experience and a horrible one.
Here’s an outline of my discussion, with timestamps, so that you can skip ahead to the section(s) that interest you the most:
1:20- How much will real estate commission cost you? Where does that money go?
2:40- What are closing costs and what do they include?
3:20- The “hidden fees and costs” that you’ll have to budget for as well
4:00- Why it makes sense to make some renovations or repairs before selling
5:05- The importance of curb appeal
5:40- Why you should consider staging your home
6:15- A brief explanation of capital gains taxes
7:45- The risk of selling your home on your own or with a discount brokerage
I hope you have a better understanding of selling a home and all that’s involved after today’s message. If you have any questions about what I discussed or related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.
As a licensed real estate professional in Minnesota and Wisconsin and a nation-wide referral community. I provide much value to facilitating real estate transactions with focus in the luxury and reloc....