So you’ve decided to sell your house on your own (FSBO), and now you realize that there will be some costs involved. So you’re asking: “What should I budget for if I sell my house on my own in Murfreesboro?”
The answer may surprise you.
Home prices have risen in the majority of the markets nationwide. It may also be true that your home has appreciated considerably over the years, depending of course on how long you’re owned it. But before you count your profits, you’ll need to factor in the costs of selling your house.
What Should I Budget for if I Sell My House on My Own in Murfreesboro
Realtor Commissions
Let’s get this one out of the way right up front.. A lot of sellers think that they can sell a house themselves and thus avoid the standard 6% commission that a realtor gets. Even if you sell your house on your own, in the majority of cases a realtor is going to bring you the buyer, which means you still have to pay the buyer’s agent’s brokerage fees.
Repairs
Most buyers aren’t interested in a house that needs a bunch of repairs – and most houses have some kind of issue. Most of the time, if you want to list with an agent, he is going to suggest a home inspection followed by a list of repairs before he puts it on the market. If the maintenance has been allowed to lapse, these repair costs can be fairly substantial. A new roof, for example, can set you back by as much as $20,000. Then you have paint, flooring, etc., I’m sure you can see the list adds up quickly.
Curb Appeal
Curb appeal is of utmost importance: You only get one chance to make a first impression. it’s what gets potential buyers to stop and then come in the door. Landscaping is the number-one improvement that most enhances curb appeal. The cost of a thorough, full-blown landscaping job performed by a professional landscaping service runs, on average, just a little over $6,000.
Staging And Photos
Staging involves setting up and arranging your home so that it appears as appealing and inviting as possible. You’ll need to start by getting rid of all the clutter. Nobody wants to see all your kids and relatives photos. Get rid of that chair blocking the doorway that aunt Betty gave you, etc. The stagger will then bring in some nice modern up to date furniture, etc. And then to display the staging in online listings, which is where a large percentage of buyers begin their search, you will likely need some professional photos. The cost for both will most likely cost several thousand dollars depending on the size of the house.
Utilities
If you plan to move out of your current house into a new home, you can’t just shut the utilities off. Buyers absolutely do not want to walk through a cold (or sweltering) and dark house. (Also keep in mind that if you turn off the electricity and air conditioning during the summer, you run a high risk of developing a mold problem.) So, at the least, you will need to keep the electricity on and probably the gas as well in the wintertime. If the house is one you’ve been living in, then you already know what it will cost you to keep all the utilities on.
There Is An Easier Way
If you would prefer and easier less time and money consuming way, call Provision Homes LLC at 615-310-1909 or fill out the form below and we will contact you. We are a professional house buying company located in Murfreesboro TN. We buy houses as-is direct from the seller all over the middle Tennessee area. No repairs, no commissions, no cleaning! Just take what you want and leave the rest. It doesn’t get any easier!