Updated: Jan 24
Selling your house in the San Francisco Bay Area is probably one of the most expensive things you'll ever do.
After you take into account:
Buyer requested repairs
And so much more we'll discuss
You'll realize you won't be walking away with as big a check as you thought.
Let's jump right into what the true costs are for selling your house in the Bay Area.
For the sake of simplicity, we will consider a house being sold for $500,000 in Alameda County to do our calculations.
The single most expensive line item when selling your house in the Bay Area are those pricey realtor commissions.
Realtor commissions can be as high as 6%, with 3% going to the seller's agent, and the other 3% going to the buyer's agent.
On a $500,000 sale, that 6% adds up to a total of $30,000.
See what I mean when I said selling your house is one of the single most expensive things you can do?
We're still only on the first item of this list!
Running Total: $30,000
Staging costs are often forgotten, but staging a house before listing it can help your sale tremendously.
Sellers have a few different options when it comes to staging. They can either:
Stage the house themselves.
Hire a staging consultant to give them a plan to follow.
Hire a full-service home staging professional.
We'll go with the cost of a full-service home staging professional for our example.
According to SFGate, professional home staging can cost between 1% to 2% of the listing price.
That‘s $5,000 to $10,000 for our $500,000 home example.
Running Total: $35,000 - $40,000