A Financial Look At How Much Listing Will Cost You in Philadelphia

Selling your Philadelphia house may not be so easy. Before signing any kind of agreement with a real estate agent, you should know how much that will cost you. This post will give you some idea how much it will cost you to list a house in Philadelphia.  

Most sellers are not aware how much it costs to list a house in Philadelphia. Worse yet, an agent could make you promises that your house will sell quickly.  However, this doesn’t mean that your house will be sold.  Here are some ideas of the costs that you can expect when listing your house in Philadelphia.  If you’re looking for a good alternative, please give Wise Owl Acquisitions a call, and we’ll give you a fair offer.  Your house won’t sit on the market, and you’ll be able to avoid all the costs that are listed below.

Commissions

Let’s face it, commissions is what every seller wonders about when selling their house.  Usually, commissions run anywhere between 5-6% of the sales price.  Just imagine your house is listed for $200,000.  This means that $12,000 will go to your agent.  In addition to that, depending on the agent, you could end up paying even more than the $12,000.  You may find yourself paying marketing and other costs to your agent, plus their commission.

Repairs

Depending on the house, repair costs will vary.  Small repairs, such as paint, repairing holes in walls, and other repairs, will be needed in order to sell the house.  On top of that, some houses will require much more work just to list on the MLS.  Don’t spend thousands of dollars to get your house ready to list on the MLS.  Instead, ask yourself if the repair costs are really worth it.

Upgrades

In order to keep your Philadelphia house competitive with all the other houses on the market, you’ll need to do some upgrades.  Don’t panic, because you won’t need a ton of money to make a huge impact.  Simply put in new fixtures, carpeting, flooring and countertops.  This always does the trick, and makes the house feel brand new.  You’ll want to make sure your house stands out from all the others.

Cleaning

Having your house professionally cleaned is a great idea when selling your house.  Don’t take listing your home lightly.  Buyers hate walking into a house that has dirt and clutter.  Don’t allow buyers to walk inside your house if the walls are dirty, or if the inside smells like pets.  Something as simple as that could result in losing a buyer.  Even if you think you can clean well enough, it’s still a good idea to get a professional cleaner, just to make sure you get the carpets and windows good enough.

Landscaping

When listing your Philadelphia house, curb appeal is very important.  Don’t let there be any clutter outside.  All toys should be put away, and the house should look warm and inviting.  You will certainly want to get your front yard professionally landscaped.  Planting colorful flowers also helps.  Also, adding a new mailbox and house numbers will freshen things up a bit.  Parking all cars away from the front of the house is also a good idea.  You don’t want the buyers feeling like it’s not their home when they pull up to the driveway.

Staging

Staging is very pricey, but a lot of times it’s what gets the house sold.  You don’t need to stage the entire house.  Instead, do the main rooms.  There are plenty of good interior designers that you can work closely with in order to get the best results for your house.

Utilities

Even if no one lives at the house, you will need to keep the water and power on.  Buyers like to check the lights and running water when viewing your house.

Marketing, Listing, Photography and Other Miscellaneous Fees

Believe it or not, some agents will require you to pay these kinds of costs.  Others will include it in their commission.  It’s a good idea to hire your own photographer to get pictures of the property.  All top-notch listings have the best photos.  In the end, this is what helps you sell your Philadelphia house quickly.

Are you ready to sell a Philadelphia house WITHOUT facing the above costs? We can help! Send us a message or give us a call today! 267-530-4825

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