Many people are surprised to learn that a home sale doesn’t just cost the buyer money, it costs the seller too! Between fees, commissions, closing costs, and what it takes to get your house market-ready, selling ends up costing you thousands out of your final sale.
The good news is that while you’ll never be able to avoid all of these expenses, there are a few things you can do to try to reduce them. Check out a few of the ways you can set yourself up to walk away from your home sale with more in your pocket!
1) Hire a good real estate agent.
Some people think they can cut costs by selling their home without a real estate agent. But in reality, the knowledge, experience, and connections an agent has will be well worth their commission, and then some. An experienced real estate agent will know how to prepare your house for sale, price it accurately, market it to sell quickly, and negotiate for the best offer.
2) Negotiate your agent’s commission.
Just because your agent’s commission is worth it, doesn’t mean you can’t snag a deal. Everything in a home sale is negotiable, even an agent’s commission. As you’re interviewing potential candidates, ask them if they’re open to negotiating on their commission. If you’re listing in a seller’s market especially, your chances for a favorable haggle can be pretty good.
3) Focus on cost-effective home improvement projects.
Before you start making updates to your house to get it ready to sell, discuss with your agent and an appraiser which tasks are worth doing and which won’t have as big of an ROI. Focus on tackling simple budget-friendly projects that enhance your home’s appeal. You may also want to consider getting a home inspection to help identify what definitely needs to be addressed before listing.
4) Seek out affordable home staging solutions.
Skipping home staging almost always ends up costing you in the long run, but effective staging doesn’t have to break the bank. Look up some easy DIY home staging tips you can implement yourself. Or even better, look for home staging services designed for sellers who are on a budget—like Stage2Go!
Our simple, turnkey home staging packages check the boxes for both affordable and effective real estate marketing needs. Just choose the furniture and décor set that works best in your space, open the door for our delivery team, put the pieces in place, and voila—your house is staged and ready to sell!
Call us today at 202-257-2072 for the affordable home staging solutions you need!