Selling a house is a multifaceted and often pricey undertaking, with numerous homeowners remaining oblivious to the full spectrum of potential expenses. Beyond the evident costs like real estate agent commissions and closing fees, there exists a gamut of other financial considerations, encompassing expenditures for repairs, marketing efforts, and the staging of the property.
An effective solution to mitigate or entirely eliminate these costs involves opting to sell your house to a reputable professional home-buying company, such as Homesmith. Our approach involves presenting a direct offer for any unwanted property situated in Cleveland, Ohio with the convenience of closing the deal in just a matter of days. Below is an in-depth breakdown of the various potential costs associated with selling a house in Cleveland, accompanied by insights into how Homesmith can facilitate your journey by circumventing these expenses altogether.
Commissions and Closing Costs
When you sell your Cleveland area house through a real estate agent, you’ll typically pay a commission of 5-6% of the sale price. This can be a significant expense, particularly if your house is valued at a high price point. So, for example, if your house sells for $350,000, you could be paying over $20,000 in commissions alone. In addition to commissions, you’ll also need to pay closing costs, which can include appraisal fees, title insurance, and other expenses.
When you decide to sell your house to Homesmith, you can rest assured that you won’t be burdened with the usual expenses like commissions or closing costs. Homesmith goes beyond a mere cash offer for your property; we also handle the intricacies of paperwork and legal fees tied to the sale. This comprehensive approach not only streamlines the process but also provides you with a clear understanding of the exact amount of cash you’ll receive, enabling you to meticulously plan your next steps with confidence and certainty.
Repairs and Renovations
If your home requires repairs or renovations before hitting the market, it entails a significant investment of both time and money. Tasks ranging from fixing a leaky roof to updating the kitchen or bathroom can quickly accumulate costs. Striking a balance between making necessary repairs to attract potential buyers and avoiding excessive spending on a property you’re preparing to part with can be a delicate process.
Fortunately, when you choose to sell your house to Homesmith, you’re relieved of the need to undertake any repairs or renovations. Homesmith specializes in buying houses in as-is condition, allowing you to sell your property in Cleveland in its current condition without the obligation of investing additional funds. Even if your house requires some work, rest assured that we’re prepared to present you with a compelling offer, providing a hassle-free solution to your home-selling needs.
Marketing and Staging
When speeding up the sale of your house, there’s often a necessity to invest in marketing and staging efforts, encompassing everything from professional photography to the services of a home staging professional. These expenditures, especially in the case of higher-end properties, can accumulate into significant costs. Maintaining a consistently clean and inviting space for potential buyers adds another layer of effort to the process.
Opting to sell your Northeast Ohio house to Homesmith eliminates the need to concern yourself with marketing and staging. Homesmith simplifies the process by presenting a direct cash offer, completely bypassing the traditional requirements of showings, open houses, and even the meticulous task of house cleaning. With us, you can redirect your time and energy toward your next property, as we efficiently manage all the details associated with the sale.
Closing Thoughts
Selling your house can be a complicated and expensive process with unforseen expenses continuing to pile up, but it doesn’t have to be. If you’re looking to sell your house quickly and without any of the potential costs or hassles associated with a traditional sale, Homesmith can help.
By selling your house to Homesmith, you can avoid paying commissions and closing costs, making repairs and renovations, and investing in marketing and staging. Homesmith buys houses as-is in Cleveland and throughout the Buckeye State, which means you can sell your house in its current condition and move on to the next chapter of your life. There is NO need to even bother to sweeping it out. No cleaning is necessary. Contact Homesmith today to learn more about how we can help you sell your house quickly and easily without any cost or headaches. (614) 401-3651 or (877) HOMESMITH.