“Will selling a home cost you money in Dallas?” Many people list their home, not taking into account what it will actually cost them. Therer are fees and expenses you should be aware of before list your home with a real estate agent. In our latest blog post from We Buy Houses Cash Dallas, we will let you know what cost to expect when selling a home in Dallas!
Have you decided that selling your home in Dallas cost too much? There are many things to consider before you decide how to sell! Keep in mind, listing your house will cost you money both up-front and once the property closes. You must factor this in when pricing your house and deciding who you want to work with.
Studies show that the average amount it takes to sell a house in the US is $15,200! That’s a lot of money! Keep in mind, that number varies widely based on where you live and the price of your home.
Will Selling Cost You Money in Dallas?
Agent Commissions – Commissions will typically run about 6% of the final sale price of the home. You will know your real estate agent’s cut when you sign your listing agreement. While this money isn’t paid upfront, it is deducted from the amount you walk away with. Keep this in mind when pricing your home.
You should keep in mind that youare paying your real estate agent and the real estate agent of the buyer as well. Again, that number comes up to 6%, and the two agent’s split that at 3% each. With that, yes it does cost money when selling a home in Dallas or anywhere else for that matter.
Agent Fees – Depending on the agency, there might be additional fees charged throughout the process when selling a home in Dallas and the cost. Some agents will pass on they’re marketing and listing fees directly to their clients. Make sure you know what’s included and what you will have to pay for when all is said and done.
Know this, most real estate agent’s will charge they’re client, the seller, when the agent has to find contractors to make repairs, seek out appraisors and inspectors. The real estate agent will most always take fees for anything from the above to landscape services while the house sits on the amrket. At We Buy Houses Cash Dallas, we do not charge for any of these items. All we want is to buy your house at a fair market price, which most homeowner’s sellers say is beyond fair once they receive our Cash offer.
Closing Costs – Closing costs include many items that are paid at the closing table. These include transfer fees, title insurance, title search fees, recording fees, transfer taxes, appraisal costs, discount points, credit report fees and more. Expect to pay about 2% of the final sale price in closing costs.
Yes, it does cost money when selling a home in Dallas. Click on the link to go to our web site and see how we compare, when you are selling your home. We pay closing cost when we buy houses in Dallas, not you.
|Commissions & Fees||6% Paid by you, the seller||Sell to us|
|Who Pays Closing Costs?||3% Paid by you, the seller||Sell to us|
|Inspection, Financing, Contingencies||Make sales fall through||Sell to us|
|Appraisal Needed||Yes, the sale is often subject to appraisal||Sell to us|
|Average Days Until Sold||+/- 91 Days||Sell to us|
|Number of Showings||Multiple||Sell to us|
1 (Just Us)
|Closing Date||30-60 +/- days||Sell to us|
|Who Pays For Repairs?||You, the Owner||Sell to us|
We pay for all repairs
Taxes – When you list your home for sale, you are responsible for the property taxes, utilities and homeowners insurance up until the day of closing. These amounts can add up to thousands should it take a few months for the property to sell and close. Remember, once you decide that you are selling a home it does cost money. So the sooner it happens, the better!
Preparing Your House for The Market – There is a lot of energy, time and money that go into getting a house ready to sell. There are repairs to make, walls to paint and carpets to clean. You will want to remove personal belongings and stage the home for selling. Whether you work with a professional or do it on your own, you are likely to spend money on new decorative pieces in the house. You should also clean up the yard but also consider some new landscaping to bring more curb appeal to the property.
Preparing the house, cost money when selling in Dallas.
Inspections – While it certainly isn’t required, more and more sellers are paying to have their home’s inspected before listing them. This will cost approximately $200 and up. By doing an inspection before you list, you will be able to address any issues with the home before they pop up in your buyer’s inspection. This will also give you negotiating power during the selling process. Yes, it does cost money when selling your house.
Storage and Moving – While moving isn’t technically a selling cost, it is a large expense you will have to make once the house closes (if you haven’t done so already.) Whether you hire movers or do it yourself, moving can get expensive! How far are you going? Will you need a truck? Or pizza to bribe your friends? You will also want to consider storage costs if you are living in the home while waiting for it to sell. Packing up unnecessary items ahead of time will make the house look nicer and give you an edge when it’s time to move.
Work the numbers honestly
When you really work the numbers and are completely honest with yourself, you start to see the real benefits that each way of selling your house offers. Below you can add up what applies to your situation. Compare selling to us -v listing with a local realtor.
If you are selling your house in Dallas it does cost money. We can help! Contact us today for a Free Cash offer on your house. We can take you from Cash offer to closing at the Title Company in 5 days. Our office is alwaysopen socall now, (214) 723-1304.