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How Reduce Costs When Selling Your Edmonton House

Picture of a house, indicating how someone can save money when selling their house fast for cash

Do you feel stuck with a property you no longer want in Edmonton? Learn how to sell your house without any costs in our latest post!

If you find yourself stuck with a house you no longer want, the last thing you want to do is pour more money into trying to sell it. Here, we’ll break down the expenses associated with a standard listing and offer tips on how to sidestep them.

Common Costs to List Your House with a Realtor

A lot of homeowners may not realize all the expenses involved in selling their house with a real estate agent in Edmonton. It’s not just a matter of contacting an agent, snapping a few photos, and expecting offers to flood in. Selling your house successfully in Edmonton often requires a significant investment of both time and money.

Repair and Cleaning Costs

No matter how excellent the condition of your house is, there will always be some repairs required to prepare it for the MLS. Whether you are patching holes, touching up paint, or fixing a leaky faucet, these small fixes can accumulate quickly. Moreover, if your house requires more than just a few minor repairs, the expenses incurred in fixing it up may not be worthwhile.

Marketing and Photography Costs

Selling a house involves expenses. Although a real estate agent in Edmonton will list your property on the MLS, they might not promote it on other platforms or invest in premium listings. As the seller, you may have to bear these costs in addition to professional photography, staging, and a thorough cleaning to make your house look its best in photos. If you decide to work with an agent, it’s important to have a clear understanding of the services they provide.

Holding (Utility, Mortgage, Property Tax) Costs

Owning a house can be quite costly. Considering the utility bills, property taxes, insurance expenses, maintenance, miscellaneous repairs, and landscaping, simply owning a home can drain your finances… and this doesn’t even include the mortgage if you have one. Selling your house promptly can help you save thousands of dollars compared to selling it months later.

Realtor / Agent Costs

Hiring an agent in Edmonton comes with costs you should be aware of. Typically, the commission is around 7% of the first $100,000, and 3% of any sale price above and beyond that. Look for a full-service agent to avoid unexpected fees. Consider selling directly to YEG Home Buyers for a quick and fair sale after calculating all expenses. Get an offer and crunch the numbers on your own terms, no pressure!

Ways To Avoid Selling Costs

Sell Your House Directly

Selling your house in Edmonton without incurring any expenses is a breeze when you choose to sell it directly to YEG Home Buyers. We guarantee a fair price that comes without any additional costs, inconveniences, or time wasted compared to a conventional listing. Rest assured, you won’t have to spend a single penny on any of the aforementioned aspects.

List Your House “As-Is”

You have the option to list your property as-is instead of investing money to make repairs for the MLS. Just remember, it might take longer to attract a buyer since most MLS buyers prefer move-in ready homes. If your property needs some fixing up, you may have more success selling it directly.

Offer A Credit

If you’re interested in listing your house with a real estate agent in Edmonton, but don’t want to invest any money upfront for repairs, you can consider offering your buyers a credit to handle the repair work themselves. Just keep in mind that this approach might take a little longer to find the right buyer.

In summary,

Costs involved with selling your house is something many homeowners overlook. A standard listing involves a significant investment of time and money, including repairs, cleaning, marketing, photography, holding costs (utility, mortgage, property tax), and agent/agent fees. These costs can accumulate quickly, and selling the house directly and soon can save thousands of dollars compared to selling it months later.

To avoid these costs, sellers can sell their house directly, list the property “as-is” instead of investing money for repairs, and offer a credit to buyers who don’t want to invest upfront for repairs. This approach may take longer to find the right buyer, but it ensures a fair price without additional expenses.

In summary, selling a house without any costs is a more cost-effective and efficient option than a conventional listing. By avoiding these expenses, homeowners can sell their property without additional expenses and save money on the process.

Contact YEG Home Buyers today to learn more about how you can sell your house without any costs in Edmonton! (780) 619-0629

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