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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Staging Costs. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Seller Concessions.

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Fees and Costs Associated With Selling a House in 2023

HomeLight

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes. Install fresh mulch for another $1,749 boost.

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Seller concessions. Home pre-inspection. Home staging and preparation. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy. Seller concession. If the buyer finances the home purchase, their lender typically caps seller concessions.

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What Is the Cost to Sell a House in Texas?

HomeLight

Staging: $78 to $109 per hour , or about $7,765 for a 2,000-square-foot home. Pre-listing inspection, if desired or needed: $279 to $400. Seller concessions. A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs.

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What Is the Cost to Sell a House in Massachusetts?

HomeLight

You can probably expect to run into these typical expenses for home sellers in Massachusetts: Prepping your house for sale. Seller concessions. Staging the house: $2,300. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Smoke/carbon monoxide detectors inspection: $100.

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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Staging the house: $2,200. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. You may not have to make concessions to make the sale.

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Here’s How Much Money You’ll Keep After Selling a House

HomeLight

Total concessions or buyer incentives. Staging to convey what your home looks like at its best – $1,000-$3,000. Pre-listing inspection, if desired or needed – $350 and $750. Seller concessions. In a sellers’ market, some buyers will even waive the inspection contingency to sweeten their offer.