What it REALLY costs to sell your home in Arizona. Listing your home isn’t free and before you think to list it, consider the time, energy, and money that goes with it. As there are costs, chores, and a lot of work that goes into getting your home ready for the market. If you have a direct buyer, with a great offer, it is often favored to the hassle and the out of pocket costs of listing.
Commissions, Staging & Yard Work, Oh My!
Keeping the home clean for showings, open houses and surprise visitors can take a lot of time and energy. The house has to be fully cleaned from top to bottom, should be done inside and out, grout and tile should be unspotted, baseboards, molding, and all obscure areas such as window sills and ceiling fans. Pay particularly close attention if you have pets as these might have odors. Yes, you can clean by yourself, but you cannot do it alone with the accuracy and efficiency of a professional.
Don’t ever neglect the yard when selling your home. Be sure to make your yard have an excellent curb appeal and isn’t overgrown or filled with weeds. Just like the cleaning, you can do this alone, because you will have some hard work ahead of you and you will be needing these:
- Trim back trees and bushes.
- Weed the lawn and open areas.
- Plant flowers and appropriate plants.
- Fix anything in need of repair.
- Add fresh paint to outdoor trim, mailbox, door, etc.
- Add seating and other elements of staging to make the outside areas more welcoming
The front yard is your first impression, make it a good one! Hence, the backyard too should be warm, inviting, and well-manicured.
Storage & Moving
Having your personal items around the home can make it feel cluttered and discourage buyers to get the house you list. Even if you are still living in the home, once you put it on the market, it is smart to get some of your personal items packed and stored, ready for your move. While your home is listed, you will need somewhere to keep your stuff. If you are staying somewhere temporarily until your house sells, your will likely be paying rent in addition to your mortgage. (And don’t forget, two sets of utility bills.)
Once your house does sell, there are the costs of moving and these are all costs to consider into your budget. Will you have movers help? Will you do all the packing yourself? Will you need a truck?
Listing Fees, Agent Fees, Administrative Fees, and Notary Charges
Working with an agent also brings a plethora of fees and charges you may not be prepared for. (These charges are IN ADDITION to the commission, which we talk about below.) You will face costs for notarization and other small charges that add up fast. Also, agents will have you pay a number of fees for marketing, listing, and administrative tasks such as clerical work and printing.
Selling your home through an agent entitles them to a 6% commission on your sale price. This can be more or less, but 6% is a good estimation. Make sure you have details in commissions as well as the other charges listed above when you are calculating your asking price.