5 Costs You May Not Be Aware of When Selling Your House in Raleigh

Thinking about selling your house in Raleigh? Traditional home sales carry several expenses, some of which you may not have taken into consideration. No matter if you select to work with a professional real estate agent or sell on your own, you’re likely to run into all of these expenses. We will explore five costs you may not be aware of when selling your house in Raleigh.

Commissions and Fees

Along with the traditional commissions charged by real estate agents, there may also be fees charged for the brokerage services and other costs associated with using an agent. Even if you sell on your own, a buyer is likely to be working with an agent, who will deduct the commission from your profits. These commissions and fees can run into the thousands and are something you may not be aware of when selling your house in Raleigh. 

Marketing

Marketing is what listing is all about and while yard signs may bring in buyers, the internet is the new highway that leads them to your door. Aside from the inconvenient nature of showings, successful marketing has hidden costs that you may not be aware of when selling your home in [market city]. Online listings require high-quality photographs taken by a professional photographer in order to compete. Given the high demand for virtual tours on listings today, this may also include the services of a professional drone pilot.

Repairs

Preparing your home for sale can be one of the most expensive and stressful costs you may not be aware of when selling your home in [market city]. When the last thing you want to do as a seller is to invest even money into the house, this is just what you may end up having to do. Inspections can reveal some very costly information, particularly in older homes. Structural issues, foundation issues, and even plumbing issues can cost thousands of dollars. Any issues with the house that are known must be disclosed. Be prepared to deduct the costs of repairs from your asking price if you can’t afford them.

Holding Costs

Holding onto a property that is lingering on the market carries costs you may not be aware of when selling your house in Raleigh. One delay could be caused by your buyer being denied financing. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Raleigh. ow, there’s another way to avoid them: sell your house quickly with definite closing date and a firm offer from Present Day Properties!

Closing Costs

Closing costs for the seller are also costs you may not be aware of when selling your house in Raleigh. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers sweeten the deal by offering credit toward closing costs to entice buyers.

You could be facing a small fortune in costs that you may not be aware of when selling your house in Raleigh. Why not avoid the listing costs you’d normally expect to pay by selling to Present Day Properties instead? With a direct sale to Present Day Properties closings are quick, usually within 30 days or less and you don’t need to worry about repairs. Present Day Properties takes on the risks, buying your home as-is. Present Day Properties even pays all of the closing costs. Send us a message or call us at 984-689-9785 today to find out more!

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