When the moment comes to part ways with your house, you may automatically consider listing it as your primary course of action. Yet, an increasing number of individuals are leaning towards direct sales, bypassing the traditional real estate agent route. If you’re based in Kansas City and planning to sell, it’s vital to explore the different paths available, including understanding the potential costs associated with listing your house. Discover the real financial implications of selling your property in Kansas City right here!
Not every house does well by simply posting on the MLS. Some properties will require major expenditures and dedicated time and effort in order to sell. Some studies have shown, that is costs over $15,000 to sell your house with an agent! Before you choose to hire a Kansas City agent, make sure you understand what listing your house costs you in Kansas City .
Commissions
Real estate commissions aren’t set in stone. While 6% is often quoted as the industry standard, the actual amount can vary depending on several factors, such as your geographical location, the type of property, and current market conditions. Some agents might even be open to negotiations, particularly in a competitive market or for high-value properties.
Administrative Costs
Often, the journey is littered with miscellaneous expenses, such as reimbursements for promotional materials like flyers, listing charges, and even catering costs for open houses. The landscape varies widely, with each agent having their unique fee structure and service offering.
Before you put pen to paper and sign any listing agreement, it’s crucial to gain a full understanding of what the contract encompasses. Ensure you’re familiar with each clause, and don’t hesitate to ask questions or seek clarifications. Your agent should be transparent about their services, fees, and expectations.
It’s also vital to remember that the agent’s responsibility isn’t just about listing your property. A good agent should guide you through the process, offer professional advice, help you navigate negotiations, and ensure all necessary documentation is completed correctly. They should genuinely have your best interests at heart and strive to get you the best possible deal.
Cleaning
Most real estate experts suggest that you engage professional cleaning services for your Kansas City house before listing it for sale. If you’re not planning on replacing the carpets, consider having those professionally cleaned too. Maintaining cleanliness throughout the listing period is crucial, as there’s always the possibility of spontaneous showings or potential buyers dropping by for a visit. Ensuring your home remains spotless and inviting can significantly enhance its appeal to prospective buyers.
Hopefully, many people will be coming to see the house. Usually, this can be arranged with your agent to occur when you are at work or away from the home during the day. With so many people in and out of the house, many sellers will opt to get a head start on packing by boxing up their personal items and putting them in storage until the house sells. By keeping only your necessities at the house, it won’t ever appear messy or cluttered. You can also opt to have a professional come in and stage the house.
Repairs And Upgrades
Depending on the condition of the house, these expenses could be small or end up setting you back thousands. As any homeowner knows, sometimes when you find one thing that needs repairing, it can lead to 10 more. And once your potential buyer has their home inspection done, they will likely want to negotiate repairs with you as well. You are under no obligation to make all of the repairs, however, if you want to sell the house, you might want to consider some negotiation.
If your house is way out of date compared to other properties on the market, you will want to refresh some things to make it current. You can have a big impact with small improvements such as new flooring, painting, and fixtures. As with the repairs, these costs can snowball too. There might be a few trips to home depot in your future!
Landscaping
Before listing, you might consider reseeding the lawn, planting some flowers along the driveway, or having your trees professionally trimmed. All of this adds to the curb appeal and overall appearance of the house. You’ll need to keep up with it while it is listed by regularly mowing, weeding and sweeping. Depending on your neighborhood and available time, you might hire a professional landscaping company to keep things in order each while the house is on the market.
Monthly Responsibilities
Like it or not, every day that you continue owning the property, it is costing you money. This is why as professional home buyers, we aim to sell as quickly as possible. We do not want to hold on to the property longer than you have to. You will have to pay monthly utilities, taxes, insurance, likely a mortgage and costs for monthly maintenance. When you think of all the little things your house needs over time, the bills can add up pretty quick.
As you can see, the costs to sell a Kansas City house using an agent can add up quickly. Some properties will cost more than other to prepare for the MLS. In order to save time and money, you can choose to sell your Kansas City house to Mastiff Home Buyers . We will not require any repairs nor charge you any commissions. Before you call an agent, find out what we can do for you!