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5 Costs To Expect With A Traditional Sale of Your Cleveland House

A standard selling of your Cleveland home will incur a lot of expenses. In our most recent post, we examine if dealing with an agent is the best option for your situation.

Working with a real estate agent to sell your home in Cleveland isn’t always worthwhile. When you consider the prices, time, and effort necessary on your behalf, an alternate technique of selling may be the best option for you. If you decide to sell your home the traditional way, you should be aware of the following five big fees.

Repairs

When selling a home in Cleveland, you’ll often want to make some repairs. The tiny items that need to be fixed around the house can quickly mount up. And, of course, if your home requires extensive repairs, the costs will skyrocket. After the house is advertised and an offer is accepted, your potential buyer will pay for an inspection of the property. If everything checks out, that’s fantastic! However, the buyer may return with newly discovered repair expenses and request that you reimburse them for the cost of the repair or repair the item yourself before the property closes.

Professional Cleaning

You’ll want to put your best foot forward when listing your home on the MLS in Cleveland. Even the cleanest people may require the assistance of a professional cleaning crew. Perhaps you need to hire someone to clean the carpets, powerwash the exterior, or revive damaged floor tiles. Even if you aren’t in a position to engage a professional cleaning service, you will still have to deal with these issues on your own, which will take time. That is extremely valuable in and of itself.

Marketing Fees

A real estate agent’s level of marketing in Cleveland will differ. Some will provide a full marketing strategy for free, while others will only cover the fundamentals. Professional pictures are used in some homes to make rooms appear larger than they are. There are other listings with photographs taken with a cell phone camera that show unmade beds and laundry on the floor. Having beautiful listings that attract the most attention will often come at a cost.

Commissions

Working with a Cleveland real estate agent might be beneficial in some situations, making their commission fee worthwhile. For other houses, though, paying commissions to sell your home isn’t worth it. Paying around 6% of your final sale price can be a significant quantity of money. Make sure your agent can sell the house for a good enough price to make this expense worthwhile. Before you sign a listing agreement with a Cleveland real estate agent, do the numbers. For certain Cleveland homeowners, a direct sale of their undesired home may be a better option.

Learn more about the costs to expect with a traditional sale of your Cleveland house. Contact us today for more information! (440) 291-5361

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