Are you thinking about how to save money when selling your house? We’ve got you covered. In this article, we’ll explore smart ways to save money when selling your house in Chicago.
Selling a house in Chicago through traditional channels can quickly become a costly endeavor. Before committing to a listing agreement with a local real estate agent, explore alternative selling methods to ensure you’re making the most financially sound decision for your Chicago property. Options include selling your house to a reputable local investor, like Heartland Funding Inc., or considering a direct sale to save on commissions and additional fees.
Save Your Money
Skip The Agent
Real estate agent commissions can climb to a hefty 6% of the final sale price, a substantial sum for homeowners looking to maximize their profits. If your property is valued at $200,000, the agent’s cut would amount to $12,000. Be aware that additional costs such as marketing, photography, administrative, and printing expenses might also be incurred. If you opt for an agent, clarify the services included and any extra charges you might face. Additionally, explore the option of discount or flat-fee real estate agents who offer more budget-friendly alternatives.
Sell As-Is
Choosing to sell your house as-is to a reputable local investor, like Heartland Funding Inc., not only eliminates commissions but also saves you from repair costs. Not all property buyers are equal, so it’s crucial to work with a trustworthy company. When you sell to us, there’s no need for repairs, cleaning, staging, or storage costs. Selling as-is streamlines the process, avoiding negotiations after the home inspection. Ensure you choose an investor with a transparent process and a track record of fair dealings.
Sell Now Instead Of Later
Every day you own a property, you accrue expenses such as utilities, taxes, insurance, and maintenance costs. Selling quickly to a local investor allows you to promptly cut these ongoing costs, offering immediate relief compared to holding onto the property for months. Explore the possibility of leaseback agreements or flexible closing dates with the buyer to align with your timeline and minimize transitional expenses.
If You Decide To List…
When you think of all the costs involved in listing your Chicago house, you will want to make sure that the money you are spending, will provide the biggest bang for your buck.
Good Photos
Invest in high-quality photos for your listing. Hiring a professional photographer and possibly a staging service can significantly enhance your property’s appeal. Clear, attractive photos are essential to grab potential buyers’ attention and ensure a faster sale. Amateur or sloppy images may cause your listing to be overlooked. Consider creating a virtual tour or video walkthrough to provide a more immersive experience for online viewers.
Price It Right
Correct pricing is crucial for a successful listing. Avoid the common pitfall of overpricing at an agent’s suggestion. Instead, research comparable properties and set a reasonable price from the start. Consistently lowering the price can signal desperation to potential buyers and negatively impact your property’s perceived value. Collaborate with your real estate agent to develop a competitive pricing strategy based on market trends, recent sales, and property condition.
Ready to sell your property in Chicago? We’re here to help! Contact us today at (800)-255-8250 for a hassle-free, cost-effective selling experience. Whether you choose an alternative selling method or decide to list, we provide personalized assistance to ensure your home sale aligns with your financial goals and timeline.