The Trusted Home Buyer Logo602-456-4440

What Listing Your House Is Really Costing You In Phoenix

Martin Boonzaayer

December 4, 2019

You might think that listing your house is the only option when you decide it’s time to sell. However, more and more people are opting for a direct sale instead of hiring an agent. You have options when selling your Phoenix house. Find out what listing your house is really costing you when selling in Phoenix!

To be blunt, not every house does well 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 Phoenix agent, make sure you understand what it is really costing you to sell your house.

Commissions

Agent commissions are typically around 6% of the final sale price. Sometimes this fee is worth it, but remember, this amount will be taken from your final sale price at the closing table. Just like that, you’ll be down a few thousand dollars.

Administrative Costs

Many times, you will be faced with administrative costs such as reimbursements for things like flyers, listing fees, and open house catering. Every agent is different. Before you sign a listing agreement, make sure you are aware of all it covers. Agents should hold up to their end of the deal as well.

Cleaning

It’s typically recommended that you have your [market_ city] house professionally cleaned before putting it on the market. If you are not replacing the carpets, you will want those professionally cleaned as well. You will need to keep up with the cleaning while the home is listed. There are often last minute showings and people looking to drop in to see the house.

Staging & Storage

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 they 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 flippers aim to sell as quickly as possible, they don’t 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 Phoenix 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 Phoenix house to The Trusted Home Buyer. We will not require any repairs nor charge you any commissions. Before you call an agent, find out what we can do for you!

Are you ready to sell a house in Phoenix? We can help! Send us a message or give us a call today! 866-488-9923

Explore more

June 17, 2022
10 Reasons Why You Should Sell Your House to an Investor

If you need to sell your house quickly, you should consider selling it to an investor. Investors like The Trusted Home Buyer can even navigate tough situations like foreclosure, divorce, probate, or other issues that make selling your house very difficult and uncertain.  In fact, real estate investors are some of the best buyers in […]

Read More
May 19, 2022
How The Trusted Home Buyer Helps Seniors And Their Families 

Our team is passionate about helping seniors when they are ready to transition to senior care living. Our team members are Moms House certified and have been actively out in the community, networking with people in the senior health industry. Our program was designed to help seniors and their families with one of the biggest […]

Read More
March 24, 2022
How To Sell A House In Probate

After there is a death in your family, the idea of selling the family home can be a very difficult one to make. Not only are there memories tied to the home, but there is also a large list of complications that come with the probate process. Understanding how this process works can be a […]

Read More
March 2, 2022
I Want To Sell My Mobile Home Quickly

If you want to sell your mobile home quickly, you can take a few routes, each with its own level of work on your part. For example, you have the option to sell to an investor for quick cash. You can fix up your property and list it yourself. You can hire a real estate […]

Read More
The Trusted Home Buyer Logo
Copyright © The Trusted Home Buyer
WE BUY HOUSES IN:

4.7 64 reviews