Are you considering selling your house in Eugene? If so, you may be taken aback by the diverse array of expenses that come with selling your property. From necessary repairs to agent commissions, there are numerous costs that can accumulate swiftly and impact your actual profit. In this blog, we’ll delve into seven surprising expenses that often arise when selling your house in Eugene. We’ll also illustrate how Property Bridge can help you avoid these expenses all together by offering a fast, fair, and direct sale.
1. Repairs and Renovations
One of the most notable costs associated with selling a house revolves around renovations and repairs. Preparing your property for listing often entails addressing various repairs to enhance its condition and attractiveness to potential buyers. These repairs can span from minor cosmetic touch-ups to substantial renovations, like roof replacements or updating the entire electrical system. Ensuring that your property is able to compete favorably with other listings on the market and addressing items that could hinder the sale, may require upfront investment into your home before you attempt to sell. The expenses incurred in repairs and renovations can add up rapidly, especially if they are big ticket items which must completed to make your house financeable for an approved loan.
However, when you work with Property Bridge, you don’t have to worry about tackling ANY renovations or repairs, small or large. We buy houses as-is, which means we’ll purchase your property in its current condition, regardless of any maintenance or cosmetic items that may be needed. You won’t have to wait around for any potential buyers to receive approval for a loan or the deal falling through because of an appraisal.
2. Closing Costs
Another significant expense that can often be overlooked or forgotten when selling a house is closing costs. Closing costs can include various expenses, such as title insurance, appraisal fees, transfer taxes, and attorney fees. As the name implies they are incurred at the closing of the property once ownership is being transferred. These expenses and fees can add up to thousands of dollars, depending on the value of your property.
When you work with Property Bridge, you don’t have to worry about paying any closing costs. We cover all closing costs, which means you can sell your house without any out-of-pocket expenses and you’ll know the exact amount that you’ll receive for the sale of your property.
3. Commissions
One of the most significant expenses when selling a house are real estate commissions. Real estate agents typically charge a commission fee of 5-6% of the total sale price. This fee can add up to thousands of dollars, which again, will be deducted from your overall profit.
When you work with Property Bridge, you will not have to worry about paying any commission fees. Since we offer a fast, fair, and direct sale, it means you can sell your house without any commission fees or hidden costs.
4. Holding Costs
Holding costs are another substantial expense when you are in the process of selling your house. Holding costs can include various expenses, such as property taxes, homeowner’s insurance, maintenance costs, and utilities, basically the cost of the bills you pay each month. When you list your home traditionally these expenses can add up quickly, especially if your property is on the market for an extended period. It is important to keep in mind that it is not uncommon that a home may take up to 90+ days to finalize the complete sale when you list with a real estate agent.
When you work with Property Bridge, you don’t have to worry about paying any holding costs. Again, we offer a fast, fair, and direct sale, which means you can sell your house quickly and you will no longer have to worry about any of the bills and costs that you pay each month for your home.
5. Staging and Photography
Another cost that should be taken into account when selling a house is staging and photography. To make your property appealing to potential buyers, it is often recommended that the seller hires a professional stager and photographer. These services can add up to thousands of dollars, depending on the size of your property, but are usually required to make your listing standout among similar homes that are also on market.
When you work with Property Bridge, not only do you not have to worry about staging or photography, but you don’t even have to think about cleaning or hauling anything away. We buy houses as-is, which means you can sell your property without any additional expenses.
6. Marketing Expenses
Marketing expenses are another cost when selling a house. To attract potential buyers, you may need to invest in various marketing strategies, such as online listings, print ads, and open houses. These expenses can add up quickly and impact your overall profit.
When you work with Property Bridge, you don’t have to worry about marketing expenses. We offer a fast, fair, and direct sale, which means you can sell your property without any marketing expenses.
7. Negotiations and Contingencies
Finally, negotiations and contingencies can add up to additional expenses when selling a house. Potential buyers may request various contingencies, such as a home inspection or appraisal, which can add up to additional expenses. Additionally, negotiations can be time-consuming and stressful, especially if you’re not familiar with the process.
When you work with Property Bridge, you don’t have to worry about any negotiations or contingencies. We offer a fast, fair, and direct sale, which means you can sell your property quickly and efficiently without any additional expenses.
Selling your house in Eugene can be expensive and stressful. From repairs to commissions, there are several costs associated with selling your property. However, when you work with Property Bridge, you can eliminate these expenses and sell your property quickly and efficiently. We offer a fast, fair, and direct sale, which means you can avoid any repairs, commissions, holding costs, marketing expenses, and negotiations. Contact Property Bridge today to learn more about how we can help you sell your house quickly and efficiently in Eugene. (541) 833-0304