Are you looking to sell your home in Charlotte NC but not too sure about the costs involved? Yes, selling can cost you money. As a seller, you are looking at making as much money as possible and don’t want your potential profit to be taken up the repairs, upgrades, staging, closing costs, and the agent commission you have to pay for selling your home.
Unfortunately, for a seller looking to sell through the Multiple Listing Service (MLS), you could end you spending a significant amount of money. Why is this so? Well, let me break it down.
Charlotte Home Repair Costs
To sell on the MLS, you will need to get your home in tip-top shape by making repairs. Traditional home sales take an average of 90 days on the market from listing to closing. And trying to sell a home that’s in disrepair will not only lengthen this the time but could make a deal fall through after an inspection. A buyer would want to to know if the home they’re are looking to buy is worth it and as a seller, you need to make sure the following aspects of your home are in good conditions.
- The roof and its components
- The HVAC system
- Electrical wiring
- Water and drainage systems
- Doors and windows
Charlotte Home Upgrades
Today’s buyers want their home to be up-to-date. Buyers don’t just want the home to be clean and functional but they also want their home to be fitted with the newest appliances. Buyers have high expectations for a home they would want to buy and trying to sell a home that’s out-of-date will likely increase how long it spends on the market and reduce the amount of money a buyer is willing to pay for it.
Charlotte Real Estate Agent Cost
A real estate agent will take 5% to 6% of your home sale’s price as commission. For a home sold for $250,000 home, expect to pay $15,000 to your agent. For $350,000, your agent takes $21,000. Before you know it, everyone and their dog is making a significant amount of money off your home.
Closing Costs For Charlotte Home
Home sellers are often not aware of the need to pay closing costs as this usually happens after the sale of the property. Closing costs are traditionally split between the buyer and seller. As a seller, you will need to budget to pay about 3% of your home’s sale price. On a $250,000 home, that’s $7,500.
All of that sound like too much for you? Then check out an alternative way to sell your house fast.
Sell To To A Cash Buyer Like Us At Bright Haven Properties in Charlotte
Selling on the MLS clearly requires you to spend money to get your home ready and not to talk of the time it would likely spend on the market. You might want to consider selling to a cash home buyer like us. At Bright Haven Properties, we are professional home buyers that can buy your home as-is for cash, no need to make repairs or upgrades, pay no commission, and we’ll pay closing costs. What this means is that selling your charlotte home to Bright Haven Properties comes at no cost to you, yes absolutely zero costs and all this can be done in as little as 2 weeks (compare selling to us vs listing with a real estate agent).
Give us a call on 704-461-0576 or fill the quick form below to get the process of selling your house fast started today!