There are a number of costs that go into a traditional home sale. Sometimes the expenses simply aren’t worth it. Learn more about what to expect when spending money on your home sale.
When homeowners choose to put their houses on the MLS with a Northern Kentucky real estate agent, there are often costs they aren’t aware of and are unprepared for. Below we will discuss the costs you should expect with a traditional listing and when it makes sense to spend the money. We will also provide information about the alternatives out there that can benefit you! Read more to know how much is too much when spending money on your home sale.
Costs You Can Expect
Of course, there are the traditional costs homeowners can expect when selling houses in Northern Kentucky. You might factor in commissions and fixing up the property, but there can be costs far greater than that. A commission will usually eat up about 6% of your final sale price, which alone is a high amount of money. But when you add in things like professional cleaning, marketing, photography, staging, landscaping, and you holding costs for things like taxes, utilities, and insurance, you might find that it is better to sell the property sooner rather than later. And that’s not including the closing costs which will amount to another 1-3% of your final sale price on average! When listing your house in Northern Kentucky, the costs will vary based on the property and the competition. It is up to you to explore your selling options so you can ensure you are making the best decision for your situation and property.
When It Makes Sense To Spend
If your house needs little to no work and is in high demand, it can pay to list with a Northern Kentucky real estate agent. Make sure you are hiring both contractors and an agent whom you trust and can count on to get the job done for you. Paying for minimal repairs while feeling confident you will get your asking price is a no-brainer. However, if there is a lot of competition or if the property requires a lot of money to fix-up and repair it may not make sense to spend all the extra cash. Many people think that listing will be their best choice, but realistically, this isn’t always the case. Some properties will fare much better by being sold directly.
Alternatives To Listing Your House In Northern Kentucky
The best alternative to listing your house in Northern Kentucky is to sell it directly to a professional buyer. When you work with a professional buyer to sell your house directly, you will be able to avoid things like repairs, commissions, and the continued closing costs. When you add it all up, this can amount to thousands of dollars you are able to keep in your pocket! Selling directly also benefits those who don’t have the time to facilitate a traditional sale with a Northern Kentucky real estate agent. Some people need to sell their houses quickly, and in these cases, a listing may not be the best choice.
Keep in mind that not all home buyers in Northern Kentucky are the same. When you choose to work with the team at We Buy NKY Houses, you can always ensure you will receive a great offer for your house no matter what condition it’s in. We believe in paying fair prices based on the current real estate market combined with the condition of the property. By avoiding commissions, repairs, and all of the other costs of a traditional listing, you may find that a direct sale is an opportunity you have been waiting for! Get in touch with us today for a direct offer for your Northern Kentucky house!
Learn more about what goes into a successful home sale and what to expect when spending money on your home sale! Contact us today for more information! (859) 412-1940
If you have questions like: What should I spend my money on why Is it worth spending money on a house before selling? How much money should I have left over after buying a house? Can you get a better deal on a house if you pay cash? Then give us a call. or if you’re looking to have a real estate adviser to teach the process and know how is too much when spending money on your home sale. Our Real estate experts will be able to answer any questions you have, can make recommendations and may be able to provide you an offer over the phone!
Working with We Buy NKY Houses means no waiting, no guessing about what the inspector will find. A bonus is that you don’t have to concern yourself with the headaches and all the expenses of getting ready for showings.
We Buy NKY Houses buys houses directly – and if that doesn’t sound good to you, we can help you list on the MLS and sell for top-dollar, or, we can do all of the work for you, you choose! There are many more reasons why Northern Kentucky real estate investors should also be licensed agents providing the most beneficial aspects of each and the conveniences of both. No matter what obstacles you may be facing, We Buy NKY Houses has the right option in Northern Kentucky for all of your real estate needs. We Buy NKY Houses answers concerns about selling your property or any questions you may have with absolutely no obligation. At We Buy NKY Houses, our hybrid professional buyer real estate agents are ready to help you today. Send us a message or call We Buy NKY Houses at (859) 412-1940