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The 5 Biggest Costs You Can Expect When Hiring a Cleveland Real Estate Agent

Homeowners frequently contact real estate brokers because of their broad experience because listing is a daunting proposition. Unfortunately, a real estate agent’s services come at a steep cost that goes well beyond the high commissions. Consider the profitability of the conventional listing approach of home sales for a second if your property isn’t in prime shape or you’re in a rush to sell. Continue reading as we discuss the top five expenses associated with working with a Cleveland real estate agent. 

Holding

Be prepared for an open-ended time when working with a Cleveland real estate agent, during which you’ll be in charge of any holding costs or ongoing monthly expenses until the property is sold. Your revenues are further reduced each month, and you are still in charge of upkeep and repairs in case additional damage develops. Unfortunately, working with purchasers who need to meet mortgage requirements or buyers who pull out following inspections doesn’t always go as planned. You may need to relist as a result. In contrast, experienced house buyers like those at Home Relief Providers work with the force of cash and offer you a definite closing date, usually expressed in weeks. 

Prep and Repairs

You should be aware that if a home isn’t move-in ready and you hire a Cleveland real estate agent, you’ll be responsible for the out-of-pocket costs to increase the curb appeal and draw buyers to the door. If not, you can anticipate your listing to sit on the market for a while since most buyers prefer properties they can move into right away. On the odd chance that they can greatly profit from doing the task themselves, they might, nevertheless, make you an insultingly low offer. Sellers of distressed houses frequently find the process of negotiating the price with this type of buyer to be highly insulting because of the emotional investment we make in our homes. If you don’t make the repairs, you can also be confronted with a barrage of contingencies or demands for credit to complete the work at exorbitant prices. However, if you sell to a reputable home buyer like Home Relief Providers, who buys Cleveland properties in as-is condition for cash, you can avoid cleaning up and making repairs.

Marketing

Professional photographers and drone videographers have become the de facto marketing requirements when working with a Cleveland real estate agent. Online shoppers simply scroll through postings with poor photography, which is unfortunate for sellers who attempt to sell as FSBOs or for sale by owners. When you sell directly to seasoned real estate investors like those at Home Relief Providers, you may put your money away and disregard all worries regarding the price of marketing.

Staging

Professional stagers are aware of how to use colors, empty space, and furniture placement to set the stage for buyers to picture themselves residing in the property. Another price you may anticipate from working with a real estate agent in Cleveland who employs this tactic to boost profits by up to 5% is staging costs. The costs of storing your additional junk and any décor that strongly represents your interests or personality may also need to be covered. Additionally, they can mandate that you acquire a storage space for your bulkier furnishings, which can make rooms look smaller. However, if you sell your property directly to experienced home buyers like those at Home Relief Providers, you can save the hassles and stress of keeping everything pristine and exhibiting your home.

Commissions and Closing

Commissions, broker fees, and the costs for closing can vary widely, possibly adding up to 10% of the home sale price to your expenses, and you can expect them all from hiring a Cleveland real estate agent. In addition, it’s not uncommon for the sellers to pay buyers closing costs too. But, on the other hand, you’ll pay zero in commissions when you sell directly to professional home buyers like those at Home Relief Providers. And at Home Relief Providers, there are never any hidden fees in our contracts.

Why pay the costs and deal with the stress you can expect from hiring a Cleveland real estate agent? Professional home buyers at Home Relief Providers are local professional investors with a passion for helping our neighbors. The professional home buyers at Home Relief Providers offer a quick, easy and fair alternative that saves time and money. You can be confident you’ll feel good about the deal long after closing because at Home Relief Providers, our goal is to help you make an educated decision about selling for the most profit. Call Home Relief Providers at (440) 291-5361.

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