Selling a home for sale by the owner (FSBO) can be costly. In California, the second most expensive state to sell a home in the country, homeowners could face many hidden costs. But don’t worry; we’re here to help!
In this blog post, we’ll review some associated costs of selling an FSBO property in Orange County, so you can be prepared for the listing process. Read on to learn more.
Understanding FSBO
FSBO stands for “For Sale By Owner.” This means that the property owner is selling it without the help of a real estate agent. The seller manages all aspects of the sale, from start to finish.
Many homeowners choose FSBO to avoid paying commission fees to a real estate agent. However, selling your home without professional help can be more costly.
Possible FSBO Listing Costs In Orange County
Let’s take a look at some potential costs associated with FSBO listings in Orange County:
Screening Calls & Showings
One of the most time-consuming tasks of selling a home is managing phone calls and setting up showings. This task can be difficult to juggle if you’re working a full-time job. You may need to hire someone to help screen calls and manage showings for you. This will cost you money out of pocket.
Home Staging & Repairs
To make your home more appealing to buyers, you may need to invest in some repairs and staging. This can cost anywhere from a few hundred to a few thousand dollars, depending on the repairs/staging needed.
Marketing
You’ll also need to market your home to potential buyers. This includes creating flyers, listing your home on online real estate websites, and more. Marketing your FSBO property can be costly, but there are ways to do it for free or for very little money.
Bargaining Table
If you’re not experienced in negotiating, you may want to hire a real estate attorney or agent to help you with this process. This will cost you money, but can save you thousands in the long run.
Paperwork & Fees
There is also much paperwork and fees associated with selling a home. These include title insurance, escrow fees, loan payoff fees, etc. Be sure to factor these costs into your budget when selling FSBO.
At OC Home Buyers, We Buy Houses In Orange County, CA, Hassle-Free!
Do you want to avoid FSBO listing costs in Orange County? OC Home Buyers is here to help! We buy houses in Orange County, CA, for cash, and we can close in as little as 7 days! Plus, there are no real estate commissions or fees when you sell your house to us.
We aim to make the home selling process as easy and stress-free for you as possible. Get a free estimate for your house and contact us today.