There are far more home listing fees involved in selling a home in Newberg-McMinnville-Dundee than most homeowners realize when looking to sell their homes. Having realistic expectations about actual home listing fees allows homeowners to properly prepare financially for the outlay of funds. Regrettably not every cost is apparent and all too often homeowners find themselves in a financial pinch when listing their homes because they didn’t calculate the true cost of listing their home on the market.
Whether listing with a real estate agent or attempting to sell on their own, we’ve gathered all of the information to help you make a sound decision for your financial and personal circumstances. Read on as we explore a breakdown of fees for homeowners listing their homes in Newberg-McMinnville-Dundee.
These include:
- Home Repairs
- Staging & Prepping
- Marketing
- Holding Costs
- Closing Costs
- Commissions
- Moving
Repairs
When listing their homes in Newberg-McMinnville-Dundee, making necessary home repairs may be the most costly out-of-pocket expense that homeowners must pay before the house sells and it is likely their biggest concern. Now, if your home is brand new or like brand new, this may not be of much concern. However, with older homes, each passing day brings the potential for new and expensive discoveries that could lead to major repairs. There is no other way to make an educated decision when looking to pay home listing fees than to have all of the facts. This is why the professional investors like those at Bridgetown Home Buyers means you’ll have a complete accounting of how much it will cost to list and sell on the traditional market vs. a direct sale.
Staging & Prepping
For homeowners listing their homes in Newberg-McMinnville-Dundee, other expenses you may want to account for is preparing the house before listing…aka prepping & staging. In order to stage, one must prep. A quick update to the decor, a fresh coat of paint, and some new finishes (where needed) will help get the home in show-ready condition to stage but can put a big dent in your wallet.
Professional staging has become a standard for homeowners listing their homes in Newberg-McMinnville-Dundee, adding to the home listing fees. Staging your home may also require you to pay for storage for all or some of your belongings. A stager may also suggest that you rent furnishings to better present the home both in marketing and during showings.
Marketing
Real estate marketing fees for homeowners listing in Newberg-McMinnville-Dundee will also include professional digital photography and a 360-degree tour for most homes. Providing less than the best digital imagery in your listing can result in a poor response from your potential buyer pool. Tech-savvy buyers scroll by most listings that don’t immediately present well. A problem with your listing can cause your home to linger on the market, meaning you are more likely to realize a lower final sales price.
Holding Costs
Among the costs that aren’t obvious for homeowners listing their homes and paying home listing fees in Newberg-McMinnville-Dundee is the expense of holding the property month after month. As each month passes, the continued expenses associated with the property begin to deplete the profits, especially if something else should suddenly need to be repaired.
Closing
When homeowners are listing their homes in Newberg-McMinnville-Dundee, don’t forget to add in the fees for the closing costs. While your prepping and marketing expenses all come out of your pocket upfront, along with the commissions you’ll pay all other fees such as the transfer tax, title insurance, escrow or fees for the closing itself, any attorney or HOA fees as well as any credit you’ve provided your buyers will come out of the final sales price at the closing.
Commission
Real estate agent commissions are one of the heftiest fees for homeowners listing their homes in Newberg-McMinnville-Dundee. Typically home listing fees are around six percent of the value, your home sells for will be paid out in commissions, split between the listing agent and the buyer’s agent. As the average home price continues to rise, currently the median home price is over $360,000 which equates to a commission of $21,600 which will be paid at closing.
Timing
Home listing fees don’t always stop with the actual sale. Another fee for homeowners listing their homes in Newberg-McMinnville-Dundee may be the expense of moving into temporary housing until your final destination is ready, which can be pretty expensive. You won’t need to worry about prepping, showings, or repairs if you work with a direct buyer from Bridgetown Home Buyers, we buy homes as-is for cash, so the closing can be fast if you’re under a time crunch
and your closing date is guaranteed. Not in a hurry? Then you can relax, Bridgetown Home Buyers has the flexibility to set the closing at a date convenient to you.
At Bridgetown Home Buyers, you can speak with a professional investor with no obligation, these highly trusted and caring experts have the experience to help you solve your problems. Why not sell directly to Bridgetown Home Buyers and sell your home without paying any out-of-pocket expenses upfront. The professional investors at Bridgetown Home Buyers work every day to help homeowners, and we never charge homeowners commissions, closing costs or any hidden fees for listing their homes in Newberg-McMinnville-Dundee. Call Bridgetown Home Buyers at 503-765-9326.