Selling your Chicago property is not as easy as you might assume. While the thought of receiving a massive amount of money from the sale might seem great, selling a home is usually not so straightforward.
Sellers will come across many unexpected costs that arise during the house selling process.
You should know and be prepared for the costs to avoid being blindsided when it comes time to close and sign over the property to the new owner.
At Chicagoland Home Buyer, we have made it our mission to educate potential property sellers about the numerous costs involved in selling a property so that they can clearly see why working with We Buy Homes Chicago companies such as ours is the better option.
5 Hidden Costs You Can Avoid by Working with We Buy Homes Chicago Companies:
1. Repairs and Renovations
Home improvements (i.e. repairs and renovations) can help improve the value of your property and maximize the amount of money that you get for your property.
Unfortunately, such improvements are usually higher than you might expect. If you work with our company, however, you will never have to worry about making any improvements since we buy your property as-is.
2. Cleaning and Decluttering
Cleaning and decluttering your home are a great way to help it sell much quicker. While such costs are usually not high, it is still important to take them into consideration.
If your home is particularly cluttered, you can hire a professional organizer to help with decluttering.
If you work with our company, you will never have to worry about cleaning or decluttering since we buy properties in any condition.
3. Staging
Staging is something you must consider if you are selling your home but no longer live in it. It is obviously an optional expense, but it can help you sell it faster.
Staging companies typically provide enough furniture to the property making it seem larger and give your room’s purpose.
It also helps potential buyers envision how it will look with their furniture in it. When you work with our company, you never have to worry about staging and the associated costs.
4. Closing Costs
Closing on a property is when the vast majority of unexpected costs usually arise. Sellers typically pay for most of these costs and they can take away a considerable portion of the property’s eventual selling price.
The costs include title insurance, attorney fees, unpaid dues to the homeowner’s association, etc.
If you sell to our company, you will only have to pay just some of these costs if you actually have to do it.
5. Commission Fees
The key benefit of working with a real estate agent is that they will negotiate on behalf of their clients to ensure the best possible deal for both parties.
They also spend their resources of both time and money marketing the property, hosting open houses, and showing it to potential buyers.
Obviously, they have to be compensated for their efforts. If you work with our company, you can be sure that you won’t pay us anything in commissions.
Final Thoughts
Selling your property involves many hidden costs that you might not know about or considered before reading this post.
At Chicagoland Home Buyer, we always believe in helping our clients make informed decisions and based on the costs listed here, it is rather evident that working with our company is the only way to avoid paying all these costs when you sell your Chicago property.
