You may believe that selling your home in Central Florida would be a stressful, costly, and difficult process. It doesn’t have to be that way, though. You will save a lot of money on the sale of your home if you know a few tips and tricks. For this latest post, we’ve compiled a list of some of our favorites!
Sell As-Is. Although it might not be appealing, selling your home as-is will save you a significant amount of money on maintenance and improvements. There will be no costs or expenditures associated with making it ready for the MLS. Many buyers are on the lookout for a home they can renovate and sell for a profit. These buyers will move quickly, saving you money on repairs, commissions, lost time, and other fees charged by agents.
Sell On Your Own. For certain properties and cases, a “for sale by owner” (FSBO) listing may be a great option. It has the potential to save you money and give you complete control over the operation. This has the potential to be a double-edged sword. Omit, you’ll save money on commissions and other agent costs, but you’ll still be doing all the work.
Negotiate Commissions. If you plan to hire an Indianapolis real estate agent to assist you in selling your house, find out exactly how much it will cost you upfront. Make sure you understand what’s included in your listing agreement so you don’t get hit with unexpected marketing or administrative costs later. If at all necessary, try to get a lower commission rate.
Credits. Consider giving buyers a credit against their own renovations instead of wasting time and money upgrading an old kitchen before selling the home. Not only will they appreciate the funds, but they will also likely appreciate the freedom to choose their own finishes and build their own room.
DIY Where Possible. Instead of paying hundreds or thousands of dollars to a photographer, you might consider taking your own listing pictures. You have a drone that you might use to take aerial photos of your house. If it means lowering your commission costs, you might also host an open house, put up your own signs, and manage your online listings.
Sell It Fast. Any investor will tell you that the longer you own a home, the more it will cost you in the long run. Month after month, holding costs add up, and if your home is on the market for a long time, they can add up to thousands of dollars. Utility bills, homeowners insurance fees, house taxes, laundry charges, renovations, routine upkeep, staging, and landscaping expenses can add up.
There are a variety of ways to save money while selling your home in Central Florida. Allow us to assist you in determining which selling method would put the most money in your pocket before you decide to list or spend money on repairs.
To learn more about how to save money when selling your home in Central Florida, contact us today at (813) 324-3131!