Do you have a Metro Atlanta property you want to sell? If so, you will likely want to save money wherever you can! In our latest post, we will help you learn how to save money when selling your home in Metro Atlanta!
Selling a Metro Atlanta house the typical way can get expensive! Before you know it, you will have a stack of bills before the property is even listed. Make sure you consider all selling methods before signing a listing agreement with a local Metro Atlanta real estate agent. In some cases, it may not be the best decision from a financial standpoint. Consider all of the costs of a Metro Atlanta listing before signing any agreements. Make sure you are making the smartest decision for your Metro Atlanta house!
Save Your Money
Skip The Agent
An agents commission can be upwards of 6% of the final sale price. If your house sells for $200,000, you could end up paying $12,000 in commissions (3% to your listing agent & 3% to the buyers agent). That’s right when you list a property on the MLS the seller pays both sides of the commission, typically you’ll pay pay a portion of the closing costs as well. A good range for commissions and closing costs that you can expect to come out of the proceeds from the sell of your house is 7.5% to 10%. This doesn’t include any concessions for repairs that you may have to pay after the home inspection. That is a huge chunk of cash if you are looking for ways to sell your house that don’t cost an arm and a leg. In addition, many agents will have other costs they tack on such as marketing, photography, administrative and printing costs. If you do hire an agent, make sure you know what is included in their service and what you will be paying extra for.
Additionally, if your home is in need of repairs, updating/renovating you will almost certainly end up selling it to an investor even if you list it on the MLS with an agent. If you’re going to sell to an Investor why lower your profit by paying 6% in commissions?
Sell As-Is
Some sellers think that they have to list their property with an agent in order to sell. However, this couldn’t be farther from the truth. You can sell your home directly as-is to a local investor, by doing so you will save not only on commissions but on repair costs too. Not all property buyers are the same. Make sure you are working with a reputable company such as pkbuyshouses.com to ensure a quick and easy transaction. When you work with us, there are no repairs, cleaning, staging, or storage costs. Plus, by selling as-is, you won’t have to worry about negotiations after the home inspection process.
Sell Now Instead Of Later
Ask any investor, and they will tell you that the longer you own a house, the more it will cost you. Every day you are listed as the owner, you are paying utilities, taxes, insurance and maintenance costs. By selling your house quickly to a local investor, you will be able to immediately start saving by eliminating these costs now instead of months down the road.
If You Decide To List…
When you think of all the costs involved in listing your Metro Atlanta house, you will want to make sure that the money you are spending, will provide the biggest bang for your buck.
Good Photos
A great listing requires great photos. This will likely mean that you hire a professional to take photos and possibly someone else to stage the property beforehand. The easiest way to have your house overlooked, is to have sloppy, amateur photos of your house. People will see this, and keep on scrolling. Take the time to stage and craft professional photos of your house to get the most interest and the fastest sale.
Price It Right
Many houses sit on the MLS because they aren’t priced correctly. Don’t let an agent coerce you into listing at a higher price in hopes of snaring a gullible buyer. Instead, look at what other houses are selling for and price it accordingly. If you find yourself having to repeatedly lower the price, potential buyers will take notice of this as it is public information. You can give the vibe that there is something wrong with the house or that you desperate to sell. For the most successful listing, price the house correctly from the get-go.