Dollar signs are dancing in the eyes of many home sellers going through the process of selling an OJR home. They are planning on selling their OJR home to make the leap into a bigger home or even downsize into something smaller. The house cost them a sizable amount of money in the first place, so they are excited to get that money back all at once.
Before jumping into this process of selling an OJR home, a homeowner needs to consider how much selling a home can cost them.
First, understand that not all of the money in the transaction is paid directly to the homeowner. There is a sizable chunk that is going to the real estate agent that helped them through the process. Most agents make around five percent or more in commission on a home. This can be thousands of dollars out of the sellers pocket.
What is Commission?
The commission fee that a real estate agent collects is not going directly into their pocket either. Before feeling a bit cheated by the agent, consider their costs that are tied up in the sale. They have to divide this commission up with the buyer’s agent as well.
After this has been completed, the agent’s brokerage will get their portion as well. After all of these payments, the agent finally sees their paycheck. No agents get an hourly salary. They make their money from selling houses or finding homes for people to buy.
A house that does not sell is a waste of time and money for an agent. They have to pay to use multiple listing services and any advertisements they provided for the house. Agents put in good faith into a project and hope they get a paycheck at the end.
All that being said, if you are looking for a fast OJR sale and do not want to pay a commission, we want to buy your house! There are no fees when working with us. And because we can make you a cash offer, there are no hurdles that come when a bank is involved. Call us today to learn more about how we can buy your OJR house!
The buyers are not the only ones that have to pay closing costs. Sellers will need to pay a portion of the home’s price. Usually, this is around two percent of the sale price.
Some of these costs of closing are usually fixed. These costs include notary fees, escrow expenses, and transferring the taxes. If there are any property taxes that have not been paid, they have to be paid out before finalizing the closing process. Even the remainder of utility bills will need to be paid.
Not all OJR seller’s situations are the same. Sometimes you need a fast sale – be it because you are moving for a job or relocating closer to home to help a family member. In situations like this, the priority can be to sell the home as quickly as possible. Again, this is where we can help.
If you are need of selling your OJR home asap, understand that we can buy your home as-is. That means there is no need to update or make renovations. And there are no fees paid to us. To learn more about how we can help, contact our team today. We specialize in getting homer sellers out of their home as fast as they need.
Closings costs will vary from situation to situations, In a traditional home sale, there will be fees paid out to agents on top of the fees the process involves. But if you are looking for quick and easy OJR sale, call us today.