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According to one study, 45% of Americans say that moving is the most stressful life event, topping other hardships like divorce and switching careers.
One reason that moving makes many people want to pull their hair out is that it’s expensive. But, did you know that there are a few things you can do to help reduce the cost of selling a house?
That’s right! Read on to learn how to sell your home and save some money in the process to help alleviate some of the stress of this time in your life.
Sell Your House As-Is
While many people believe that they have to do home upgrades before they can sell, that’s not actually the case. If you choose to sell your home as-is, you can clearly state that you won’t be making any repairs and buyers will know that what they see is what they get.
In many cases, if you choose to sell your home as-is, you can accept an all-cash offer, to help complete the transaction quickly and painlessly. Visit https://realtysmiths.com/ to learn more about your options for a traditional sale or all-cash offer.
Do Repairs Yourself
If you decide not to sell your house as-is, there’s a good chance that you’ll need to do repairs on your home. You may choose to do some before you even list your home, to increase your chances of selling it for a higher price. Or, you may wait to see if a potential buyer requests updates, or even see if the home inspector requires updates prior to completing the sale.
Regardless of the circumstances, you can save money by attempting DIY home repair updates instead of hiring a contractor to do them. This is a great way to save money, but keep in mind, it will take up more of your time. If you’re already stressed about your ever-growing moving to-do list, weigh your options about whether the money you’ll save by doing repairs yourself is worth it.
Don’t Be Afraid to Negotiate
During a real estate transaction, almost everything is negotiable. So, don’t be afraid to try to negotiate costs down so you can save some money.
For example, if you choose to work with a real estate agent to sell your home quickly, try to negotiate your agent’s commission fee to help you save money. After all, the worst they can say is no! But, the negotiations don’t stop there.
You can also try negotiating with the buyer to see if they’ll cover some of the closing costs that typically fall to the seller. However, keep in mind that if it’s not a seller’s market, you likely won’t have much luck with this. Talk to your agent for more advice about when and how to negotiate as they can give you the best tips for success.
Reducing the Cost of Selling a House
After reading through this brief guide, we hope you feel more prepared on how to reduce the cost of selling a house. Time to get to work so you can list and sell your home and focus on moving into your new place!
Interested in reading more like this? Check out our variety of other articles before you go.