There are several costs to selling a home in Atlanta. Here, we’ll look at the Process and Costs. After reading this article, you’ll be prepared to make an educated decision and get your home sold as quickly as possible. This will save you time and money, and will also help you get the most value for your money. If you’re considering selling your home in Atlanta, here are some helpful tips.
If you are considering selling your Atlanta house, you may be wondering how much you can expect to spend on marketing your property. While a real estate agent can help you with marketing, you may also be responsible for your own costs. For example, a professional photographer or virtual tour is essential to presenting your house in the best light. You may also want to hire a landscaper or handyman to help you with the yardwork.
A home appraisal is another cost to consider when selling your property. This is often done by your mortgage lender. Licensed appraisers will determine the actual value of your home and will scan the property for any defects. These defects could result in re-negotiations between you and the buyer. The appraised value will include information on the property’s worth, the neighborhood, and any parking spaces. If the house isn’t in good condition, you will likely have to pay for these repairs yourself.
If your house has water damage, you may have to pay for this as well. The average cost of water damage is $2,330. Other costs include property taxes, homeowner association fees, attorney’s fees, escrow fees, and brokerage fees. These fees can add up to around 2% to 4% of the price of the home. A smart seller will negotiate concessions with the buyer to get a higher price.
Although Atlanta’s housing market is still a seller’s market, the trend is moving towards buyers. This means that pricing will be a crucial factor. First-time sellers should be aware of the amount of paperwork that they’ll need to complete, as well as the many factors that must be considered before putting their home on the market. The housing market in Atlanta has grown tremendously in recent years, and it shows no signs of slowing down anytime soon.
Whether you plan to sell your home in Atlanta soon or in the fall will be largely dependent on the season. Home sales in Atlanta are typically at their highest levels in July, but the market tends to slow down a bit in the fall. In 2018, home prices dropped by 3% in the fall compared to the previous month, but they only declined 0.7% in the fall of 2017. Regardless of the season, the timing is critical.
Listing a home with Atlanta Home Realty means that your house will be listed on real estate websites and multiple listing services. You’ll also benefit from a realtor‘s knowledge of the Atlanta real estate market. A professional will be able to give you expert advice on pricing and marketing your home in the best light possible. The AtlantaPros Team has a team of real estate agents who know the area well. They’ll also be able to negotiate commissions that work with your budget and your needs.
Costs to sell a home in Atlanta
Selling a home in Atlanta can cost thousands of dollars. You should budget about 1% to 2% of the sale price to cover these costs. If you plan to list your home yourself, you should set aside money for repairs and home improvements. There are also closing costs that you must consider when selling your Atlanta property. The fees should not exceed 10% of the total sale price. You should also prepare for a home inspection.
A typical Atlanta home can cost between $350,000. If you’re selling your house on your own, the costs will likely be lower. But if you hire a real estate agent, you could end up paying anywhere from $7,000 to $17,500. These are just average costs; you can always negotiate for lower costs. You should expect to pay about 6% of the sales price for your real estate agent.
Realtor commissions are the largest expense when selling a house in Atlanta. These fees typically run between 5.06% and 6.48% of the final selling price of your home. You should be able to negotiate commission rates with your real estate agent, but there are still ways to save. The first option is to use a low-cost listing service such as Clever, which matches you with full-service real estate agents from well-known brokerages. Clever costs just 1% of the selling price, which is usually less than $35,000, and in some cases, even less. Using Clever’s low-cost real estate service can save you over $6,089 in realtor fees.