Are you aware of the expenses involved in order to sell your house in San Antonio? Working with a real estate agent can come with numerous costs that sellers may not anticipate. Prior to signing a listing agreement with a San Antonio real estate agent, it’s crucial to understand the expenses you’re likely to encounter.
Selling a house the traditional way through a San Antonio real estate agent often requires unforeseen costs, time commitments, and exhausting tasks. In the following sections, we’ll examine the costs associated with selling a house with an agent in San Antonio compared to selling directly to a professional buyer. Our team can provide an offer so you can assess the figures for your property and determine the best method for selling your house in San Antonio that suits your needs.
Hiring An Agent In San Antonio
Commissions
When you engage a real estate agent in San Antonio to assist with selling your house, you’ll face commission expenses once the house is sold. These costs can significantly impact your profits, as the average commission typically amounts to around 6% of the final sale price. For example, if you sell your house for $150,000, you’ll immediately have to pay your agent $9,000, not including other fees and costs.
Closing Costs
Closing costs encompass transfer taxes, recording fees, and miscellaneous expenses. When you work with an agent to sell your house in San Antonio, you can expect to spend approximately 2% of the final sale price on closing costs. Using the previous example, if your house sells for $150,000, you’ll be responsible for an additional $3,000. When you sell your house directly to Lone Star Real Estate Solutions LLC, we handle all closing costs, eliminating many of the fees and expenses that home sellers typically encounter.
Repairs
Depending on your property, repair costs can amount to a considerable sum. You may find yourself making repairs before listing, only for them to escalate into significant expenses. In many cases, you may have to make further repairs after the inspection period. Buyers often negotiate repairs following the inspection, requesting that you address the necessary fixes or provide a credit or discount on the home’s price.
Holding Costs
Homeowners often underestimate the costs associated with owning a property. Property taxes, homeowners insurance, and utility bills are among the expenses you’ll encounter. If your home is older and not energy-efficient, the bills can be substantial. Additionally, you’ll need to consider ongoing maintenance, repair costs, and expenses to keep the house presentable for showings. If your house remains on the market for an extended period, holding costs can accumulate. However, when you sell your house directly to Lone Star Real Estate Solutions LLC, we can close on your property quickly and without any encumbrances within a matter of days.
Marketing Expenses
Marketing expenses in traditional house sales can be significant. Depending on your agent, you may have to spend a considerable amount to market the house independently. Premium listings, professional signage, or photography might be necessary to showcase your property effectively. Don’t assume that hiring an agent will cover all your marketing costs. Each agent operates differently, and you may end up spending more than expected to sell your house quickly in San Antonio.
Selling Your House Directly
On the other hand, selling your house directly to Lone Star Real Estate Solutions LLC won’t cost you anything. While not all buyers follow the same approach, selling your house to our team eliminates any costs or fees. You won’t have to worry about repairs, cleaning, or waiting for a buyer to appear. There are no commissions, agent fees, or marketing expenses. You’ll be able to sell your house swiftly and free of any obligations in San Antonio once and for all.
Before you sell your house in San Antonio, it’s essential to have a clear understanding of the expenses involved. Many sellers are caught off guard by unforeseen costs and fees when working with a local real estate agent. Before signing a listing agreement, explore the possibilities we offer. A direct sale may be the solution you need for your house in the San Antonio area. However, you won’t know for sure until you receive a no-obligation offer from our team.
If you want to sell your house in San Antonio without any of the costs or waiting, reach out to our team today to find out what we can do for you! 210-794-6869