Luckily you have options. At Flash Realty Solutions, we specialize in helping homeowners find the perfect solution to sell their Houston homes. If you want to sell your house fast, our Houston home buyers are ready to make an honest cash offer.
Oftentimes, Houston homeowners who opt for the traditional home sale method don’t realize how financially draining it is. In order to offer some insight, we want to break down some of the most common costs.
Remember, hassle-free home selling is always an option when you work with Flash.
Before you list your house, you have to prepare it for the market. Or in other words, spruce it up so that it can put its best foot forward in order to capture the attention of potential buyers. For some homeowners, this means a few simple repairs or a quick paint job. Unfortunately, most homeowners wind up pouring funds into four main areas to have their home market-ready.
For many homeowners, repairs are on their minds as they prep their property. Everything from cleaning gutters, to fixing a leaky faucet to full roof repair or replacement. When you tackle the items on your list of repairs, the costs climb quickly.
Unfortunately, these repairs often prove essential in the traditional home selling method. Furthermore, a buyer may ask you to complete and pay for additional repairs after an inspection report comes back.
In addition to repairs, home improvements add further value to a home. While full-scale remodeling isn’t always necessary, small projects chip away at the profit of your final sale numbers. An outdated kitchen, bathroom, or living room may deter potential buyers, call for a remodel, or require a price reduction.
Staging your home means ensuring it remains in peak condition. From cleaning and moving furniture to swapping out decor, it needs to remain aesthetically pleasing for buyers. According to HomeAdvisor, the national average for staging costs is about $1400.
Curb appeal is essential when you want to sell your home in the real estate market. With proper landscaping, you help your home catch the eye of potential buyers. When your lawn needs a makeover, that runs you upwards of $3,000. If you have a pool that needs repair that can cost you even more.
After your home is in tip-top shape, the costs continue to climb. Once an offer rolls in, the back and forth process of negotiations begins. That’s when the next round of costs pops up.
When you work with a real estate agent, commission fees tend to make up the bulk of your selling costs. Typically, this amounts to about 6% of the closing price. At Flash, there’s no commission fee to worry about.
When you sell your house the traditional way, sellers often make concessions to cover costs for buyers. Oftentimes, this amounts to about 1.5-2% of the sale price. With our home buyers, we make a fair offer and stick to it.
At Flash Realty Solutions, our Houston home buyers offer hassle-free home selling. With no hidden fees or commissions, the amount we offer is the amount you receive. Our team strives to remain competitive with other sales offers. Learn more about our process today.
In the traditional market, there are still more costs to consider as you reach an agreement. Moreover, there’s the dreaded potential of the deal falling through. Unfortunately, some buyers cannot gain the funding they need to buy a home.
While an appraisal does not generally cost the seller anything, it is important to keep in mind that if the home does not appraise the bank will likely not cover the full loan amount requested. IF this happened the seller may ask for a reduction or pull out of the deal. Worst part? You likely lose your earnest money in this scenario as well.
In addition to the commission, sellers typically have to pay fees related to the transfer of the house. Generally, this amounts to about 1% of the purchase price. Luckily, our team covers these costs for our clients as well.
In some cases, sellers offer buyers a home warranty at closing. While this isn’t required, it typically covers damage or functional problems for appliances or major systems. At Flash, we understand the damage and functionality we take on meaning you can keep the fund in your pocket.
At Flash Realty Solutions, we strive to offer hassle-free home selling to homeowners across the Greater Houston Area. When you need to sell your home quickly, we offer the dignity and compassion you deserve. Moreover, we offer a simple, straightforward way to sell your home.
If a traditional home sale feels time-consuming and draining, contact our team for a no-obligation cash offer on your home. We strive to provide a transparent, easy-to-understand way to sell your home quickly.