McGuire Real Estate

What Is the Cost of Selling a Residence?

by Eun Young Lee 03/18/2019

Believe it or not, home sellers may encounter many expenses after they list their residences. These costs include:

1. Home Cleaning and Maintenance Costs

Before you start showing your residence to prospective buyers, it often is beneficial to clean your house. As such, you may need to purchase assorted cleaning supplies. Or, you can always hire a professional home cleaning company to help you enhance your house's overall appearance.

Don't forget about home maintenance expenses too. Remember, you'll want to do everything possible to improve your house's curb appeal to ensure your residence stands out to potential buyers. And if you budget for the costs associated with fixing damaged home siding or performing lawn care tasks, you may be better equipped than ever before to find cost-effective ways to bolster your home's curb appeal.

2. Home Repair Costs

After you accept a buyer's offer to purchase your home, the buyer likely will request a property inspection. And if an inspection reveals myriad home repairs are necessary, you may be required to spend money to complete these repairs. Otherwise, you could put your home sale in jeopardy.

Oftentimes, it is helpful to conduct a property inspection before you list your residence. This will enable you to assess your home with a professional inspector and identify any problems. Then, you can perform home repairs prior to listing your residence and reduce the risk of possible home selling delays down the line.

3. Moving Costs

Once you sell your home, you will need to relocate your belongings from your current address to a new location. Thus, you should consider the costs associated with moving boxes and packing supplies and budget accordingly.

Furthermore, you may want to hire a professional moving company to help you transport your belongings from Point A to Point B. If you review the prices of local moving companies, you can find an affordable option that matches your budget.

There are many costs that you may encounter as you proceed along the home selling journey. But if you work with a real estate agent, you can receive comprehensive property selling support. And as a result, you may be able to cut down on potential costs throughout the home selling cycle.

A real estate agent is committed to doing everything possible to help a seller achieve the best-possible results. Therefore, a real estate agent will learn about your home selling goals and create a personalized property selling strategy for you.

Plus, a real estate agent is happy to respond to any home selling concerns or questions. This housing market professional will go the extra mile to guarantee you can enjoy a seamless property selling experience. With assistance from a real estate agent, you can handle any potential problems that may arise during the house selling journey.

For home sellers, it usually is a good idea to budget for potential property selling expenses. If you put together a budget, you could boost the likelihood of enjoying a fast, profitable property selling experience.

About the Author
Author

Eun Young Lee

Eun Young “EY” Lee has been living in San Francisco for the last 17 years. Over those years she has fallen in love with this beautiful city, the great food, incredible parks and mild weather. She enjoys exploring San Francisco’s different neighborhoods and seeing the unique character of them all. This exploration of the City and its neighborhoods sparked her interest in real estate.

EY grew up in New Jersey and New York, and is a graduate of the University of Pennsylvania. She has over 15 years of experience in market research and client services. Her success in the corporate world was derived from understanding her clients’ needs. This translates to a real estate agent who excels at assessing what each client wants and needs. This, combined with her knowledge of San Francisco, positions EY well to help clients find and sell their home by the Bay.

When not working, EY is an avid tennis player and can be found playing tennis throughout the city from Golden Gate Park to the Golden Gateway along the Embarcadero. She also enjoys making pottery at the Sharon Art Studio, skiing, and enjoying all the great food in the City and the Bay Area.