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Cost of Selling Real Estate

Selling a house is undoubtedly a major life event. But, while the idea of new beginnings should leave sellers excited for their next chapter, moving can sometimes be a challenging and emotional process.

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This is, in part, caused by the unavoidable and seemingly hidden costs of selling a house. To make your journey less stressful, understanding these costs before beginning the process is essential. This way, you are not blindsided by any extra or unexpected expenses.​

Maintenance costs​

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Before selling a property, it is important to make sure that your house is in the best possible condition. This often means performing some smaller maintenance tasks both inside and outside of the home.

We can advise you on what maintenance works are crucial and what can be left for the new owners.

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Legal costs

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​There are legal costs associated with selling. Namely, engaging a conveyancer or solicitor to legally transfer ownership of the home from the seller to the buyer. The conveyancer or solicitor helps sellers manage everything from the sales contract to other legal fees.

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Licensed conveyancers and solicitors will charge for this work. However, it is worth noting that the exact monetary cost will vary.

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Agents commission

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A real estate salesperson is hired to provide their industry expertise and exclusive contacts to help you sell your home. We can discuss our commission with you.

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Depending on the real estate agent you engage, sellers can enter into several commission methods. Agents may ask for a flat fee or operate off a tiered commission. These methods will be discussed and agreed upon before any contracts are signed.

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Marketing costs

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Modern-day, marketing campaigns encompass both digital and print media in order to be successful.

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Digital marketing can include:

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  • Digital brochures

  • Real estate portal listings

  • Social media posts

  • Professional photography

  • Drone footage
     

Print marketing can involve:

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  • Signage

  • Property brochures

  • Newspaper and magazine advertisements

  • Professional copywriting
     

While there are many marketing techniques we will discuss the best approach with you.

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However we have an advertise now pay later plan that you can use to create the marketing plan you really want and pay for it after the sale of your property.

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Moving fees

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Moving costs can easily be forgotten. However, it is worth mentioning that they will almost always be incurred. This is because sellers will need help moving furniture and boxes from their old house into their new property. Moving costs can be a fixed or hourly rate.​​​​

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