You’ve decided on selling your house on your own, and you realize there will be some costs involved. So, wisely, you’re now asking: “What should I budget for if I sell my house on my own in Weatherford?” “How much should you sell the house for?” But there’s one more question you should understand first, and that is: How important is the asking price when selling a house in Weatherford Texas?
When you want to sell your house, you set an asking price. Of course, most people know that this is rarely the selling price – so why set an asking price at all? Just how important is the asking price when selling your house on your own in Weatherford Texas?
An asking price is actually a very useful “tool” that does 3 things for you.
The answer may surprise you.
It is true that home prices are rising in quite a few markets nationwide. It may also be the case that your home has appreciated considerably over the years. But before you count your profits, you’ll need to factor in these obvious and not-so-obvious costs of selling your house.
In this blog post, we’ll answer this question to help equip you when you sell your house… Here are some of the most common options worth considering; however, if you are selling your house on your own fast for quick cash, then be sure to call Tim The House Buyer first at (817) 550-5069 Opt# 5. We have cash in the bank and are able to buy any home, anywhere in Weatherford TX.
What Should I Budget For When Selling Your House On Your Own In Weatherford
Let’s get this one out of the way right off the bat. A lot of sellers think that in a hot market they can sell a house themselves and thus avoid the standard commission fees. But the truth is otherwise. Even if you sell your house on your own, you still have to pay the buyer’s agent’s brokerage fees when there is an agent involved.
Most buyers aren’t interested in a house that has problems – and most houses have some kind of issues. Most of the time, most sellers have to do some repairs before they put their house on the market. And if the maintenance has been allowed to lapse, these repair costs can be fairly substantial depending on what they are. A new roof, for example, can set you back by as much as $20,000 or a new heating and air conditioning can be $10,000 and up. Without these repairs being completed, you can expect with a drastically reduced offer and/or an extended time on the market to find an interested buyer.
Curb appeal is of utmost importance when selling your house: it’s what gets potential buyers to stop and then come in the door. And landscaping is the number-one improvement that most enhances curb appeal. The cost of a thorough, full-blown landscaping job performed by a professional landscaping service runs, on average, just a little over $3,000. Remember, if you can’t get them excited at the curb you may have a hard time getting them in the house.
Staging and Photography
Many people – when asked, “What should I budget for if selling your house on your own in Weatherford?” – often neglect to factor in this expense. But if you don’t want your house to sit on the market for months on end, you probably shouldn’t neglect staging and professional photography.
Staging involves setting up and arranging your home so that it appears as appealing and inviting as possible. And then to display the staging in online listings, which is where a large percentage of buyers begin their search, you will likely need some professional photos, ranging in cost from $500 to $1,000, possibly more with video. When done correctly, this is money well spent.
If you plan to move out of your current house into a new home, you can’t just shut the utilities off in the home you vacate and intend to sell. Buyers absolutely do not want to walk through a cold (or sweltering) and dark house. (Also keep in mind that if you turn off the electricity and air conditioning during the summer, you run a high risk of developing a mold problem.) So, at the least, you will need to keep the electricity on and probably the gas as well in the wintertime. If the house is one you’ve been living in, then you already know what it will cost you to keep the utilities on.
Capital Gains Taxes
And then there are capital gains taxes. If your house has appreciated quite a bit, you may have to pay this tax (which is based on the difference between purchase and sale prices, minus the cost of documented improvements). There are, however, some pretty generous exemptions, but just bear in mind that Uncle Sam may take a cut.
Just how important is the asking price when selling my house on my own in Weatherford Texas?
It’s very important to help a house sell. But it’s not the only way to sell! If you’re not sure what your asking price should be, or if you’d like to skip the sales process altogether, you can get a cash offer from TMC Property Solutions!
So if you’re wondering, “What should I budget for if I sell my house on my own in Weatherford?” you now know the answer is . . . quite a lot, actually.
To find out how much we can pay for your house, answer a few quick questions HERE to get your fast-fair cash offer for your Weatherford house.
So, when you are asking yourself “who can buy my house with cash in Weatherford” consider these options carefully before deciding what your best option is.
TMC Property Solutions is an accredited business and A+ rated members of the Fort Worth BBB and has been buying houses fast in Dallas Fort Worth since the year 2000.
Please Google “TMC Property Solutions” to see what others say about our services…
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