Are you preparing to sell your home but wondering what hidden expenses might arise? In this episode of the Ask Ralph Show, Ralph Estep Jr. dives into the essential question, What Are 9 Unexpected Costs of Selling Your Home? From pre-sale inspections to agent commissions, Ralph breaks down the often-overlooked costs that can eat into your profits. Tune in to learn how to anticipate these expenses and budget effectively to ensure a smooth home-selling process.
https://www.askralphpodcast.com/selling-your-home/
Podcast Shownotes:
00:00 Episode Overview
01:13 Listener’s Question
02:36 Bible Verse: Proverbs 24:27
04:25 The 9 Unexpected Costs of Selling Your Home
04:45 #1 Pre-Sale Home Inspection
04:50 #2 Home Staging Fees
05:18 #3 Unanticipated Repairs Following Inspections
05:58 #4 Landscaping and Curb Appeal Enhancements
06:25 #5 Professional Deep Cleaning Before Listing
06:50 #6 Real Estate Agent Commissions
08:30 #7 Closing Costs
09:05 #8 Moving Expenses
09:35 #9 Capital Gains Taxes
10:08 Real-Life Stories of Ralph’s Clients
13:12 Action Steps to Prepare for These Unexpected Costs #1 Save Early for Home Sale Costs
13:43 #2 Get a Pre-Listing Inspection to Identify Issues Early
14:09 #3 Research Local Market Trends and Buyer Expectations
14:31 #4 Consider a Home Warranty
15:04 #5 Be Ready to Negotiate Costs with Buyers
15:34 Closing
Resources mentioned:
https://www.ipsos.com/en-us/news-polls/selling-home-stressful-experience-by-home-sellers
https://www.foxbusiness.com/lifestyle/housing-market-changes-coming-how-buyers-sellers-could-affected
https://www.askralphpodcast.com/tax-implications-of-selling-your-home/
https://www.askralphpodcast.com/what-is-a-home-warranty/
What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
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