A story of Petworth neighbors who saved $11,250 when they sold their house
You have to be savvy when you’re looking to sell your house if you want to save money when listing your home. It begins with who you choose to list your house and how those costs actually add up.
There are many fees involved with selling a house. Here’s a quick breakdown: The typical charge to a seller from a real estate brokerage is a 3% commission based on the sale price of the home. Then there is the other side of the deal, the buyer agent commission. That commission is typically 3% of the sale price as well. Which means as the home seller, you are paying out 6% just for commissions alone.
So if you’re selling a home in for $550,000, a traditional brokerage will charge you $33,000 in commissions, to be split between the buyer agent and the seller agent. That’s a lot of money out of your pocket.
But here’s how one Petworth couple was able to save over $11,000 in fees.
These sellers knew about Help-U-Sell real estate, a full-service brokerage in Petworth, that charges a flat fee instead of a percentage on the listing side. That difference meant the sellers only had to pay $7,950 to list the house (instead of $16,500) and then they paid 2.5% to the buyer’s agent instead of 3%. Their final cost was $21,750 instead of $33,000, saving them $11,250. That is a ton of money left in their pocket!
If you are thinking of selling, let Help U Sell handle the sale from start to finish and start dreaming up ways to spend that extra cash! Don’t forget to read their many great reviews from their happily satisfied past clients!
Ed note: This is a sponsored article on behalf of Help-U-Sell Federal Realty, a long-time supporter of the blog. You can find them at 843 Upshur St NW and online at helpuselldc.com.