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How Much Does it Cost to Sell a Home by Owner in Garden Grove

By adminSeptember 15, 20215 Mins Read
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We buy houses in Garden Grove, CA, and are willing to help you with the desired fast home sale. But you are still unsure about how much it will cost to sell FSBO (for sale by owner). FSBO type of sale requires that you take on all the house selling processes with little or no help from professional realtors.

Are you spending time worrying about how to sell your house fast in Garden Grove, CA, because you want to get the cost factor right? We are reputable when it comes to cash for homes

in Garden Grove, CA, and so, can adequately walk you through this process without distress.

Potential home sellers consider the FSBO route to save money on agent commissions but never understand that large amounts of money and time will be needed to execute their home sales.

The Cost of FSBO means of Selling Your House

Undeniably, many homeowners opt to sell their home by owner to avoid specific agent fees. However, they seem oblivious to the fact that someone will have to get paid eventually to do the work that’s being left undone by not hiring a realtor. Except you are a jack of all trades, an appraiser, photographer, marketer, run a title company, surveyor, and home inspector, then you can overlook this piece. Otherwise, this speaks right to you because without hiring a realtor, you will have to front for various tasks a realtor would typically handle.

1.      Determining Sale Price – $350

Realtors usually consult and create a comparative market analysis by evaluating the prices of similar homes in the area. This way, when a realtor slaps a price tag on a property, it’s always realistic. Because buyers will hardly overpay for a property, if you name any price on your property, you are at the risk of leaving the property in the market for long.

So, when deciding on a listing price, can you set a competitive, realistic, and profitable price like a realtor? When selling your home by owner, you bear the responsibility of selecting the right price. This would require gathering accurate data without which, you stand to lose a significant amount of money. Setting the price too low or too high has consequences you don’t want to face as a homeowner.

On the contrary, you can hire an appraiser for around $350. At least if you aren’t hiring an expert, have someone close to an expert determine the value of your property for you.

2.      Hire a Photographer – $110-$300

A realtor ensures that your property is listed with the best pictures taken in proper lighting. If you need to sell your home fast garden grove, CA, you will appreciate the importance of quality interior and exterior pictures. Without hiring a realtor who will bear this responsibility, you should consider a professional photographer. Regardless of who you’re working with, quality pictures will tilt the scale of doing the deal in your favor.

3.      Marketing Your Home – $50-$2000

Generally, a realtor will list your home on Multiple Listing Services (MLS). Since you are selling FSBO, you will resort to putting a sign out front, take an ad out in the newspaper, or list on websites like Craigslist. These alternative methods will cost money: signage, brochures, paid listings online, and print advertisements. The time spent on marketing and how long it takes to sell the house eventually determines how much you will spend on marketing.

4.      Home Inspection and Surveys – $200-$400

A home sale is further approved by home inspection because most buyers will prefer to have this done before signing on the dotted lines. Here, revelations about repairs, unpermitted work, and others come into the light. An inspection ensures the seller is listing a property that is safe and sound for resale. A land survey is often used to determine the official property line. Garden Grove public record office houses this information and will a small fee you can access it.

5.      Sales Contract – $300

If you choose to partner with a real estate attorney, you can expect to have a legitimate contract drawn to suit your needs. However, there are several free real estate sales contracts online that can also get the job done.

6.      Closing Costs – Varies

The end of a quick home sale in Garden Grove is closing, and closing costs vary greatly. Usually, closing costs include realtor commissions for sellers and buyers agents, transfer taxes, and recording fees. Since you are selling FSBO to avoid realtor commissions, the closing costs drop drastically. We buy houses in Garden Grove and would love to save you the stress of bothering about these cost factors. Watch our testimonials and see how we can take you on the hands-on journey and get your property sold.

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