So you find yourself ready to sell and while you don’t want to pay all of the commissions and fees that come along with a traditional real estate agent, you also dread all that is involved with listing the property as for sale by owner. At Northwoods Property Resources, we’ll take the time to listen to all of your questions about the process and the potential savings involved with a direct sale, get started today by calling (920) 851-9727.
Besides avoiding all of the headaches of listing your home on the market, as a seller, you can save yourself money in the following ways by making a direct sale of your Milwaukee property.
No Repairs or Renovations
One of the most significant financial burdens in a traditional sale comes from required repairs and renovations before listing your home on the market. In fact, a recent report from the National Association of Realtors found that sellers spend an average of $15,000 to prepare their homes for sale, and this cost can skyrocket depending on the condition of the property. With a direct sale, there’s no need to worry about these additional expenses. In Milwaukee, many older homes may face costly repairs due to wear and tear from harsh winters, particularly on roofs, windows, and foundations. By choosing a direct sale, you can avoid the stress of passing inspections, which could reveal unexpected issues requiring thousands of dollars in repairs.
Additionally, buyers in the traditional market are often unable to see past cosmetic issues like outdated kitchens or bathrooms, leading them to undervalue the potential your property holds. In contrast, a direct sale allows you to leave the home “as-is,” without spending on upgrades like modern cabinetry, flooring, or curb appeal improvements that would be necessary for a traditional sale. This can save you both time and money, making the process faster and smoother.
Pack and Go
Cleaning? Sell direct and forget it! Experienced real estate agents know that most buyers don’t have the vision to see beyond your clutter or any apparent decorative flaws. They’ll advise that nearly every surface be free of objects. Most especially photographs or items that are of a more personal nature. Today’s real estate professional will likely advise that you store your own belongings and spend further on staging the home, both for advertising publications and showings. In addition, you’ll need to keep up the exterior curb appeal for these reasons. This allows the buyer to more easily visualize themselves living in the home. You can save all the costs involved in a deep clean of your Milwaukee home when you sell directly. In many cases, you can just leave behind any items you’d rather not take along to your new residence.
Forget Closing Costs
You’ll save money when you sell directly in Milwaukee by eliminating most of the normal fees associated with traditional closings. You’ll also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties.
No Marketing Expenses
Whether you are working with a real estate agent or selling your home on your own, any marketing expenses will be passed on to you. Naturally, the more you spend, the better your advertising vehicle and reach to the public. As a part of the marketing plan, you’ll need to have your home picture perfect.
Monthly Costs Eliminated
If you’ve already relocated for work or personal reasons, the ongoing monthly costs of maintaining a vacant home in Milwaukee can add up quickly. On average, homeowners in the area spend between $800 and $2,500 per month on taxes, mortgage payments, insurance, utilities, and regular maintenance. Older homes, in particular, may require constant repairs due to weather damage or aging infrastructure, increasing these costs significantly. For instance, repairing an older HVAC system can run upwards of $5,000, while roof replacements in Milwaukee can easily exceed $10,000.
By opting for a direct sale, you can cut these ongoing costs and free yourself from the burden of maintaining a property that’s no longer serving your needs. In addition, with real estate prices fluctuating, holding onto a property too long may expose you to market volatility, potentially lowering your sale price. Choosing a direct sale allows you to move on quickly and confidently, often avoiding the drawn-out timelines of traditional home sales that can take months to finalize. The financial and emotional relief from no longer having to worry about those monthly bills piling up can make a significant difference in your bottom line.
Just pack what you want to keep and sell your Milwaukee property directly. You can leave the monthly payments behind sooner than you think. Call Northwoods Property Resources today at (920) 851-9727 or send us a message to learn just how quickly we can help you start saving money!