Before rushing into signing with an agent to sell your home in Birmingham, Alabama, take the time to consider your options and crunch the numbers. Listing with an agent may come with various costs, so it’s important to inform yourself about all possible scenarios. Don’t commit to a listing agreement until you have fully educated yourself and understand the potential implications.
Listing with an agent? Take note of these potential costs:
Commissions – 6% of final sale price
When selling a property, the seller typically covers the full cost of commission fees. These fees can vary, but they usually amount to around 6% of the sale price. It’s worth noting that in addition to commissions, agents may also charge administrative, agent, and notary fees.
Appraisals – $300+
In many cases, the buyer is responsible for getting the house appraised. When working with a lender, they will usually require an appraisal before the deal can be completed. However, the cost of the appraisal can be negotiated and ultimately paid by the seller.
Sellers sometimes use appraisals as a bargaining tool. If your property is appraised, be sure to retain a copy for your records.
Cleaning – $0 – $500+
When selling your house, cleanliness is key. It is crucial to have your house thoroughly cleaned, either through a deep cleaning service or by doing it yourself. With open houses, surprise showings, and visitors stopping by, the house needs to be clean around the clock. If you have a busy schedule, you may need to consider seeking outside assistance to maintain your home’s pristine condition. The cost of cleaning will depend on the size of your home and the extent of the cleaning required. On average, expect to pay $100 or more per cleaning.
Staging – $0 – $300+
Enhance your home’s charm with these simple tips and tricks! From DIY projects to finding deals, there are plenty of budget-friendly ways to make your space look like it’s straight out of a catalog. Don’t worry if you’re not a decorating expert; ask a friend for help or turn to Pinterest for inspiration. By keeping your space tidy and adding a few small pieces, you can transform any room into a cozy and inviting haven.
Repairs – Varies
When buying or selling a property, it’s important to discuss and negotiate repairs. If you’re the seller, it’s a good idea to acknowledge any known repairs and factor them into your asking price. Offer a credit for repairs to assure potential buyers. Any new repairs discovered during an inspection should be addressed and agreed upon before finalizing the sale.
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You don’t have to choose between paying the price or doing the work–pick neither! When you sell with Birmingham Homebuyers, LLC, you can sell your home directly to us for cash, and we’ll handle any repairs and fees. We’ll give you a fair offer for your home and we can close in as little as seven days.
If you’re thinking “I need to sell my home fast,” we buy homes as-is in any neighborhood in the Birmingham, Hueytown, Hoover, Gardendale, Fultondale, Alabaster, Pelham, Calera, and Trussville, AL areas in cash.
Contact us today for a free offer on your home!