Do you know how much it costs to sell your house in Omaha? When working with a real estate agent, there can be a large number of costs that home sellers aren’t always aware of. Before signing a listing agreement with an Omaha real estate agent, make sure you are aware of the costs you will likely face!
The Costs To Sell My Omaha Nebraska House
Many people aren’t prepared for what is required of them when trying to sell a house with an Omaha real estate agent. There are numerous costs, time commitments, and exhausting activities that go into selling your house the traditional way. Below, we will take a look at what it costs to sell your house with an agent in Omaha, versus what it costs to sell your house direct to a professional buyer.
You can get an offer from our team so you can plug in the numbers for your property, determine which way of selling your house in Omaha is right for you!
Hiring A Real Estate Agent In Omaha Nebraska
Commissions
When you hire a real estate agent in Omaha to help you sell your house, you’ll be faced with commission costs when the house does eventually sell. These costs can be a huge blow to a seller’s profits as the average commission runs somewhere around 5 to 7% of the final sale price. So let’s say you sell your house for $150,000. You’ll have to immediately fork over $9,000k to your agent and that’s not including all of the other costs and fees.
Closing Costs
Closing costs include things like title insurance, title company closing fee, transfer taxes, recording fees, pest inspection, and other miscellaneous costs.
When you work with an agent to sell your house in Omaha NE, you can expect to spend about 2% of the final sale price in closing costs. So again, if your house sells for $150.000, you’ll be on the hook for another $3,000. When you sell your house direct to 7 Days Cash by The Sierra Group, we’ll take care of all the closing costs, eliminating many of the fees and expenses that home sellers often face.
Just to clarify, these expenses don’t just magically vanish (we pay for them), but when we give you an offer to buy your house, you’ll know exactly what you will NET when the transaction closes. We try to eliminate any last minute surprises that are common with a traditional sale.
Repairs and Updates
Depending on your property, your repair and updating costs can total up to a small fortune. You may find yourself making repairs before you list it, only to have them snowball into major expenses.
In many cases, you may find that you have to make even more repairs after the inspection period. Many home buyers will try to negotiate after the inspector and appraiser has been through, asking you to make the needed repairs or updates, or by issuing a credit or discount on the price of the home.
Holding Costs
Many people don’t realize how much it costs to own a home. As a homeowner, you are dealing with things like property taxes, homeowners insurance (if your house is vacant, you will need vacant house insurance which is much more expenses than the normal property insurance), and utility bills. The bills can get pretty high if your home is older, and not energy-efficient.
You’ll also have to contend with the continued maintenance, repair costs, and the expenses required to keep the house ready for property showings. If your house sits on the MLS for a long time, your holding costs can really add up!
But when you sell your house directly to The Sierra Group, we will be able to close on your property, free and clear, in only a matter of days.
Marketing Expenses
Marketing costs when selling your house the traditional way are no joke. Depending on your agent, you may find you are spending a lot of money to market the house on your own.
You may need premium listings, professional signage, or photography in order to showcase your property in its best light. Don’t assume that because you hire an agent all of your marketing costs will be covered. Every agent is different and you may wind up spending more than you think to sell your house fast in Omaha.
And, even if you do not retain the services of a real estate agent, you still need to take the actions necessary to attract a buyer to your house. There is still an expense to attract a buyer to your house.
Selling Your House Direct
On the other hand, selling your house directly to 7 Days Cash, won’t cost you a thing. While not every buyer works in the same way, selling your house to our team will free you of any costs or fees. You won’t have to worry about making repairs, cleaning up, or having to wait around for a buyer to come along.
There are no commissions, agent fees, or marketing costs. You will be able to sell your house fast in Omaha NE free and clear, once and for all!
Before you sell your house in Omaha, you need to know exactly what it will cost you. Many home sellers are blindsided by costs and fees they weren’t expecting when they work with a local real estate agent. Before you sign a listing agreement, take a look at what we can do for you.
A direct sale may be the solution you need for your house in the Omaha Nebraska area! However, you won’t know for sure until you get a no-obligation offer from our team!