Thinking about putting your Milwaukee house on the market? Before you do, learn more about the unexpected costs home sellers face when trying to sell their homes in Milwaukee. You might be surprised at what you will be required to spend in order to successfully sell your home.
Many people think that they will simply call up a real estate agent in Milwaukee, tell them a bit about their property, and poof… it will be listed and a buyer will be found. However, the process is rarely this easy. A lot goes into a successful MLS listing. There is a lot that happens behind the scenes and tasks that are completed by both the seller and the real estate agent. With many traditional home sales, the seller will often find themselves spending a lot of money upfront in addition to the costs and commissions that must be paid when the property closes. Below are just a few of the expenses that sellers often overlook when listing their homes on the MLS in Milwaukee.
Your house may be pristine clean, but you can still find something that need to be worked on. In order to make everything clean, you’ll most likely end up spending a lot of cash on cleaning products. Not to mention how time consuming the cleaning process is! Many sellers decide to pay for a professional home cleaning, which will include special treatments for exterior and carpets. However, even after the cleaning crew leaves the cleaning process still isn’t over. You will have to maintain everything spotless for all the potential buyers who will come inside to see the home. Often times the buyers won’t give you enough time to prepare everything, so you have to be sure that your property is ready in every moment.
If you take a look at a few listings, you will be able to see many approaches to photography and staging. Homes that are staged well perform much better and get much more attention than homes that are simply photographed as-is. Staging can be done by a professional of you can invest in a few decorative items to help make the home feel more inviting. Keep in mind that your taste may not be for everyone, so its best to keep things simple, classic, and neutral. This is where the eye of a designer can really come in handy. To save some of the expense, some home sellers will professionally stage only one or two rooms such as the living room and kitchen.
If you own a lot of stuff that you can’t hide, you are probably going to rent out a storage unit. This way you will be able to hide your things from buyers’ eyes, while also having everything packed and ready for the move. If you place everything in boxes now it will make it easier for you when the move happens. At the same time, cleaning up your house, eliminating the clutter and taking away any of your personal belongings will help you to sell your house fast.
With some real estate agents in Milwaukee, you will only get a listing and minimal marketing efforts. For things like premium listings and professional photography, you may find yourself shelling out even more. While being able to sell your house quickly in Milwaukee is often beneficial, having to pay for extra marketing in order to do it isn’t always expected.
Most agents tend to work for a flat commission, however, there are instances where agents will ask to be reimbursed. Open house expenses, minor fixes, and items used for staging are all things agents have been known to bill for. Before you sign a listing agreement with a real estate agent in Milwaukee, make sure you know what’s included. You don’t want to get to the closing table and find out you owe your agent more than you had planned for.
Many people fail to factor in the cost of their time when trying to sell a house in Milwaukee. From the cleaning to the repairs to preparing your house for property showings, putting your house on the Milwaukee MLS can require a lot of work! Be sure to factor in lost wages as well as time away from your family when you are thinking about all of the costs home sellers face in Milwaukee. Your time is valuable and if selling your house will require you to spend a lot of it, you may want to think about another option.
A direct sale of your house in Milwaukee will help you avoid all of the costs listed above. It will save you time and it will help you quickly resolve a difficult situation with a problem property.