Well, you’re not alone.
We’ve worked with lots of homeowners in South Carolina who wanted to determine how much it’d cost to sell their house.
Because obviously… sellers want to make as much money as possible.
So here are some costs to know about…
Agent Commissions — If going the traditional route, then a real estate agent is probably going to take around 6% of the total sale of the home. In other words, on a home sale of $150,000, you’d lose $9,000 in commissions.
Closing Costs — Closing costs involve taxes and other miscellaneous fees. This has to be paid in order to sell the home. Usually, closing costs are usually about 2% of the final sales price. On a sale of $150,000, that would be $3,000.
Repairs & Updates — Buyers today expect homes to be in tip-top shape with updated appliances. The cost of those repairs and updates will depend on the current condition of the house, but it’s not hard to get to the $10,000 marker.
Holding Costs — The longer it takes to sell your home, the more costs you’ll pay on the home while waiting to sell. Costs like homeowner’s insurance, property taxes, and utility bills can make waiting for the sale of a home financially difficult.
Or Sell Your House in 2 Weeks! — Fortunately, you have another option. At Pearl Properties, you can sell your house in just 2 weeks. We’ll make you a fair cash offer and buy your property as-is. We even pay closing costs. This is a great option if you have a lot of equity and want to avoid high costs when selling your home. Give us a call at (803) 948-9200 to learn more!