Selling your house doesn’t have to cost you a fortune. There are many ways you can save money when selling your house in San Antonio. We have put together a few of our favorites in our latest post!
You might think that selling your house in San Antonio will be a stressful, expensive, and complicated situation. Well, it can be, but it doesn’t have to be that way. By knowing a few tips and tricks, you will be able to save a ton of money on the sale of your home. Read what’s below to learn more!
Sell As-Is
While it may not be pretty, selling your house as-is can save you a fortune on repairs and upgrades. The costs required to get your house ready to list on the MLS can quickly add up to a huge expense but by choosing to sell As-Is you can avoid all those. There are many investors out there who are looking for a house that needs some work so that they can fix it up and then sell it later. These buyers can act quickly and help you not only avoid repair costs, but also sales commissions, wasted time, and other agent fees.
There are other buyers looking for a fixer-upper to make a home of their own. They are willing to take on a house that needs some work in order to receive a lower final sale price. But, keep in mind that many non-professionals think they want a fixer-upper until they realize how much work it will be and then they want to back out.
You can also choose to work with a professional home buyer such as Sell My San Antonio House. Because of the high volume of homeowners we work with, we are able to provide top-of-the-line offers and impeccable service. We know the process and have developed streamlined and efficient systems to help you sell your house fast!
Sell On Your Own
A “for sale by owner” listing or FSBO can be a great choice for some properties and certain situations. It can save you money and put you in control of the entire process. This can be a double-edged sword. On one hand, you’ll save on the commission costs and other agent expenses, but you will also be the one doing all the work.
Answering questions, showing the property, marketing the house, and handling the paperwork will all be up to you. It can be a lot of work, especially for those without a real estate background. In most cases, an FSBO can be risky and should only be handled by a pro.
Negotiate Commissions
If you decide to hire a San Antonio real estate agent to help you sell your home, find out upfront what your costs will look like. Make sure you know what is included with your listing agreement so you aren’t hit with surprise marketing fees or administrative costs after the fact. Try to negotiate your commission to a lower rate if possible. There might be a hungry agent out there, confident they will be able to sell your house quickly, so they won’t mind the lower commission.
Make sure that you know everything that is included in your listing agreement. How much are they charging you and what are they paying for? How long does the listing agreement last and what happens if they don’t sell your house?
Credits To The Buyer
Instead of spending your time and money updating an old kitchen before selling the house, consider offering buyers a credit towards making renovations of their own. Not only will they appreciate the funds, but they will likely enjoy the fact that they are able to pick their own finishes and design things as they wish.
Remember, taste is subjective, and not everyone will agree with the things you like. When you spend a fortune on renovations, you run the risk of putting off some buyers who may have been interested otherwise. Plus, construction costs can add up to more than the original estimates. If you choose to make the upgrades on your own, you run the risk of going over budget.
DIY Where Possible
Do you have a great camera? Maybe you consider taking the listing photos on your own instead of paying hundreds or thousands to a photographer. Or maybe you have a drone you could use to take some shots of your property from the air. Can you put in some sweat equity and add a little curb appeal? Cleaning up the yard and the outside of the house on your own can help add value without a lot of costs. You could also choose to throw an open house, post your own signs, or handle your online listings if it will mean a decrease in your commission costs.
Sell It Fast
Ask any investor and they will tell you that the longer you own a house, the more it will ultimately cost you. Holding costs add up month after month and can amount to thousands if your house sits on the market for a while. Utility bills, homeowners insurance premiums, property taxes, cleaning costs, repairs, regular maintenance, staging, and landscaping will add up quickly.
When you sell your house directly to Sell My San Antonio House, the entire process of selling can be completed in only a few short days. For many sellers in the San Antonio area, a direct sale can ultimately be the most lucrative way to sell.
When selling your house in San Antonio, there are many ways you will be able to save money. Before you decide to list or spend any money making repairs, let us help you determine which selling method will ultimately put the most amount of money in your pocket!