5 Costs You May Not Be Aware of When Selling Your House in Los Angeles

Mar 25, 2021 | Sellers

Thinking about selling your house in Los Angeles? Traditional home sales carry several expenses, some of which you may not have taken into consideration. No matter if you select to work with a professional real estate agent or sell on your own, you’re likely to run into all of these expenses. We will explore five costs you may not be aware of when selling your house in Los Angeles.

Commissions and Fees

Along with the traditional commissions that real estate agents charge, there may also be fees charged for the brokerage services and other costs associated with using an agent. Even if you sell on your own, a buyer is likely to be working with an agent, who will take the commission from your profits. These commissions and fees can run into the thousands and are something you may not be aware of when selling your house in Los Angeles.

Marketing

Marketing is what listing is all about and while yard signs may bring in buyers, the internet is the new highway that brings buyers to your door. Besides the inconveniences of showings, successful marketing comes with costs you may not be aware of when selling your house in Los Angeles. In order to compete, online listings require high quality photographs, submitted by a professional photographer. This may also include the services of a professional drone pilot for virtual tours given today’s high demand for this feature on listings.

Repairs

Prepping your home to be in selling condition may be one of the largest and most stressful of the costs you may not be aware of when selling your house in Los Angeles. When the last thing you want to do as a seller is to invest even money into the house,this is just what you may end up having to do. Inspections can deliver some very expensive news, especially in older homes. Structural issues, foundation or even plumbing problems can literally run into thousands of dollars. Any known issues with the home must be disclosed. If you aren’t able to afford the repairs, be ready to deduct the costs from your asking price.

Holding Costs

Holding onto a property that is lingering on the market carries costs you may not be aware of when selling your house in Los Angeles. One delay could be caused by your buyer being denied financing. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Los Angeles. Now, to avoid them there is another option to sell your home quickly, with a definite closing date and firm offer from John Medina Buys Houses!

Closing Costs

Closing costs for the seller are also costs you may not be aware of when selling your house in Los Angeles. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs.

You could be facing a small fortune in costs that you may not be aware of when selling your house in Los Angeles. Why not avoid the listing costs you’d normally expect to pay by selling to John Medina Buys Houses instead? With a direct sale to John Medina Buys Houses closings are quick, usually within 30 days or less and you don’t need to worry about repairs. John Medina Buys Houses takes on the risks, buying your home as-is. John Medina Buys Houses even pays all of the closing costs. Send us a message or call us at (310) 928-9688 today to find out more!

Let Us Give You a Cash Offer on Your California House!

Fill Out Our Online Form

First things first, reach out to us. When you visit our website, make sure to fill out our short online form and include all the essential details, such as your name, address, and contact information. Alternatively, you can also call us at (310) 928-9688 to learn more about our services and share your information with us. From there, we’ll handle everything else and get the process going.

Get Your Cash Offer

Once we’ve received your request for a cash offer, we’ll get back to you and schedule a convenient time to inspect your house. We’ll do a thorough walkthrough to gauge the condition of your house and provide you with a fair and competitive price. Keep in mind that this is not a showing. You don’t need to decorate, clean up, or repair your home before our visit. We are more than happy to buy your property in whatever condition it may be, good or bad. .

Why Wait? Get Paid Now

If you’re happy with our offer, we can set up a closing date at your next available time and you will receive your payment then. It’s as simple as that!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.