When you are selling a home in North Carolina, there are certain fees that you will need to pay. The most common fees are the real estate commission and the closing costs.
The average cost of selling a home in North Carolina is from 5.6% to 9.4% of the final sale price. This figure covers the following fees that typical property sellers incur:
- Commission Fees
- Transfer taxes and closing fees
If you are selling your house with a realtor, It’s a good idea to invest in major repairs before putting your house on the market to increase the sale price. Many buyers will not even consider buying a home with obvious flaws. The damage to vital components such as the roof, foundation, or electrical system is frequently a warning sign.
It is easier to attract purchasers if these issues are addressed before listing your home. And the more quickly you can attract purchasers, the better your chances of getting a higher sale price. You can try to sell your house as-is if you can’t afford the repairs. This tells potential purchasers that the house is a fixer-upper and that you won’t be fixing any flaws.
The real estate commission is typically between 5.4% and 6.2% of the home’s sale price. This is paid to the real estate agent who helps you sell your home. The real estate commission will undoubtedly be the most expensive aspect of selling your home.
One of the easiest methods to save money on your house sale is to negotiate for a reduced commission fee. Selling using a bargain broker, using a flat-fee listing service, or offering your home for sale by the owner are all alternatives.
Closing expenses range from 0.2 % to 3.2 % of the home’s sale price in North Carolina. This category comprises all fees and other costs associated with completing the sale. The seller and the buyer usually share the ultimate closing cost burden.
Sellers in North Carolina are often accountable for fewer closing expenses than other states. The seller must pay the following fees and taxes, according to the typical contract template:
- Local conveyance fees and excise taxes (0.2%-1.2%)
- Deed preparation Expenses ($300-$750)
- Transfer fees are charged by homeowners associations (HOAs). ($150-$500)
- Prorated property taxes
We Buy Houses Raleigh, NC
It is essential to keep these fees in mind when selling a home. The real estate commission and the closing costs can add up quickly, so it is essential to have a plan to cover them. Cash home buyers are a great solution to avoid paying such costly fees! They will buy your house for cash, so you can avoid paying the real estate commission and the closing costs entirely.
Selling your home to a cash home buyer is a great way to avoid paying costly fees. If you are interested in this option, do your research to find a reputable company that will give you a fair price for your home.
Sell My House Fast To Easy Sale HomeBuyers
There are many reasons why you might want to choose Easy Sale homebuyers. Perhaps you need to sell quickly for various reasons, or maybe you don’t have the time or resources to do it yourself. Whatever your reasons, here are some of the benefits of working with us:
- You’ll get a fair price for your house.
- You’ll save money on commissions. When you sell through an agent, you typically have to pay 6% of the sale price in commissions. With Easy Sale Homebuyers, you don’t have to pay any commissions.
- You won’t have to make any repairs. We buy houses in their current condition, so you don’t have to worry about making any repairs or updates before selling.
- You’ll be able to sell quickly. We can usually close on a house within days of accepting an offer, so you won’t have to wait long to get your money.
If you’re considering selling your house, contact us today to learn more about how we can help. We are interested in buying land in NC. We would be happy to answer any of your questions and tell you more about our process. We buy houses in Raleigh, NC.