If you are ready to sell your house you may be left with a long list of questions, one of the more popular being what you will actually end up profiting off of the sale and how much you will have to pay in order to get your home on the market and then close the deal. There is no set amount of costs associated with a Real Estate sale, however, there are a few fees and percentages that you can generally follow as a good rule of thumb.
The commissions that will be paid out to the agents are where you will see the largest price tag. This is generally 6% of the sale price and that amount is then divided between your agent as well as the buyer's agent. For example:
Closing cost is expensed over and above the seller's property cost before completing a real estate transaction. Examples of typical closing costs include fees related to the origination, underwriting of mortgage, real estate commission, insurance, and record filing. A big question that has been chiefly asked is, "Why should sellers pay for buyers' closing costs?"
Before we dive deep into why sellers should pay closing costs, we can give a simple explanation. You as a seller should pay the closing costs because it will translate to selling your home faster and even putting in more money to your account. If that does not sink deep, here is a full explanation from the genesis so that you can understand...
6 Tips to Increase Your Home Value with Upgrades and Updates
When it comes to selling Columbus, Ohio homes, we’ve found that a few strategically planned upgrades and updates can help to increase the value of a house.
Are you planning to sell your home soon and searching for updates you can complete to demand a higher price? Or maybe you want to build equity in it? Either way, you can use the tips we’re sharing below to improve your home and increase its value.
6 Ways to Improve the Value of Columbus, Ohio Homes
Let’s explore possible renovations and updates to your home by “walking through your home” with the eyes of a buyer.
1. Invest in Landscaping
Check out your curb appeal by looking at what you already have. Do your bushes or trees need trimming? Does the garden require weeding?
If you have bare areas,...
A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!
“Among spring listings, 18.7 percent of homes fetched above asking, with winter...