Are you thinking of selling your house without the assistance of an agent? If so, you’ve probably done your up-front research on what all expenses are associated. That’s actually pretty smart. In this blog post we’ll review the costs of selling your house yourself in Houston so you know before you start.
If you sell through an agent, there are costs such as commissions and fees, on top of all the regular costs, which is why some people choose not to sell their house through an agent but instead sell it on their own.
If that’s the case, it’s good to know what all costs are associated when selling your house yourself in Houston. This list will for sure help you…
Costs of selling your house yourself in Houston
#1. Marketing
Marketing is definitely going to be a cost that you’ll have to cover on your own. This is a cost that most agents will cover themselves (and you’ll pay for it through their commissions). But without the help of an agent, you’ll have to pay for marketing costs yourself.
There might not be a lot of costs, or these costs could be very high; it depends on how popular your house is to sell. You need to get the word out there so you might be paying to do so. People always forget that the costs of selling your house yourself in Houston really depends on how much work you are willing to put in.
#2. Repairs And Upgrades
Often, the biggest costs associated with selling your house is the one you didn’t realize you’d have to pay – repairs and upgrades! You see, many homeowners want to sell their house as-is.
But many buyers don’t want to buy as is, Like we do at ARCO Home Solutions!
So, sellers are forced to put a lot of time and money into repairing and upgrading their house just so a buyer will even consider buying it! It’s a home you want to sell, and you don’t want to spend a lot of money on it, and yet many sellers are forced to spend tens of thousands and weeks or months of time on repairs. In a perfect world, sellers would not have to make any repairs and the potential buyers would just go off of your word on how beautiful the house could look.
#3. Normal Municipal/Legal Fees
Everyone knows that agents charge a commission and fees for their services. And if you don’t sell with the help of an agent then you won’t pay those.
However, there are other fees that aren’t associated with the agent that you may have to pay – such as attorney fees, titles search fees, closing fees, etc. It depends on where you’re selling in .
These fees aren’t usually very expensive but you should be aware of them so you can budget for them and they don’t surprise you. The last thing you want to happen is show up at the closing table and be presented with your list of additional fees that you had no clue of.
#4. Time
Time is your most valuable asset and one of the biggest costs of selling your house yourself in Houston is not financial – it’s time. If you’re selling your house yourself, you’ll need to make your repairs, market the house, show the house, negotiate with buyers, and complete the paperwork.
All of that takes time. And all that time could have a financial cost if you have to take time off of work or cancel planned events or even for example. So make sure you factor it into your consideration.
Summary
Selling your house yourself lets you save money on commissions and fees while remaining in control of the process. However, there are still costs, so make sure you’re aware of all of them. The cost of selling your house yourself in Houston can definitely sneak up on you.
If you want to skip the entire process of selling your house – and not pay any of these costs – while getting a fair, fast cash offer for your house, get in touch with us. Just fill out the form below or call our office at (713) 742-2577.