Explore the costs of a traditional home sale and uncover alternatives in our latest post. Discover why they may not always be worthwhile.
Many homeowners who decide to list their houses on the MLS with a Columbus real estate agent often encounter unforeseen costs for which they are unprepared. In the following discussion, we will explore the expenses you should anticipate when opting for a traditional listing and determine the situations in which it is reasonable to invest your money. Additionally, we will provide insights into alternative options available that can prove advantageous to you!
Costs You Can Expect
When selling houses in Columbus, homeowners can anticipate the customary expenses. These include commissions and property repairs, but there exist additional costs that can be considerably higher. Commissions typically consume around 6% of the final sale price, which alone is a substantial sum. However, when you factor in professional cleaning, marketing, photography, staging, landscaping, as well as holding costs such as taxes, utilities, and insurance, you may discover that selling the property sooner rather than later is a more advantageous choice. Moreover, closing costs, which average around 1-3% of the final sale price, should not be overlooked. The costs associated with listing a house in Columbus will fluctuate depending on the property and competition. It is your responsibility to explore various selling options to ensure you make the best decision for your circumstances and property.
When It Makes Sense To Spend
Listing with a Columbus real estate agent can be financially beneficial if your house requires little to no work and has high demand. It’s crucial to hire reliable contractors and an agent who can be trusted to complete the job. This way, you can pay for minimal repairs and still feel confident that you’ll get your asking price. However, if there’s a lot of competition or if the property needs extensive repairs that are expensive, it may not be sensible to spend extra money. While many individuals believe that listing is their best option, it isn’t always the case. Some properties will be more successful if sold directly.
Alternatives To Listing Your House In Columbus
Selling your house directly to a professional buyer is the optimal alternative to listing it in Columbus. By choosing to work with a professional buyer, you can bypass concerns such as repairs, commissions, and ongoing closing costs. When you consider the overall impact, this approach enables you to retain thousands of dollars in your pocket. Moreover, selling directly is particularly advantageous for individuals who lack the time to facilitate a traditional sale through a Columbus real estate agent. In situations where quick sales are necessary, opting for a listing may not be the most suitable decision.
It’s important to understand that home buyers in Columbus have varying preferences. If you decide to collaborate with EASTON BUYS HOUSES, rest assured that you will be offered an excellent price for your property regardless of its condition. Our principle is to offer reasonable rates taking into account the current real estate market and the state of your house. A direct sale could be the opportunity you’ve been searching for since it eliminates fees, repairs, and other expenses associated with a conventional listing. Contact us today to receive a direct offer for your Columbus house!