How Much Does it Cost To Sell a Home Today

Seller Tips

Are you planning to sell your home in Salt Lake City? While it’s an excellent time to take advantage of high property equity, selling isn’t all profit. Here’s a breakdown of the costs you should anticipate:

Pre-Sale Costs:
These include inspections, repairs, renovations, and cleaning. While not required, these steps can significantly boost your home’s appeal and price, helping you sell your house fast. A well-maintained, clean home with minor upgrades tends to attract more buyers. Consider a pre-listing meeting with your agent to discuss what improvements will offer the best return on investment.

Selling Costs:
Expect expenses like real estate agent commissions, typically ranging from 3% to 6% of the sale price, along with marketing costs. Your agent may offer various commission packages, allowing you to choose a service level that suits your budget.

Closing Costs:
These fees cover title transfers, escrow, and other expenses, typically ranging from 0.5% to 1% of the sale price. Some costs, like seller concessions, are negotiable, helping you sell your house faster.

Selling a home in the Utah real estate market requires careful planning, but the Stern Team is here to assist. Contact us today for a personalized breakdown of your selling costs and tips on how to sell your house quickly.