Should You Craft a Home Selling Budget?

by Scott Markham 08/11/2019

A home selling budget may prove to be exceedingly valuable. With this budget in hand, an individual will know approximately how much money that he or she will need to complete the home selling journey.

Now, let's take a look at three expenses to include in a home selling budget.

1. Home Cleaning

If you want to impress buyers, you likely will need to maintain a neat, tidy home interior. As such, you may want to account for cleaning supplies in your house selling budget.

Of course, you may choose to hire a home cleaning company. And in this scenario, you should consider how frequently you want this company to clean your house.

Regardless of whether you choose to purchase cleaning supplies so you can clean your house on your own or hire a home cleaning company, you should shop around. That way, you can evaluate the costs associated with different cleaning supplies and home cleaning companies and make the best-possible decision based on your finances.

2. Home Repairs

Repairing a home may be costly, particularly for those who failed to maintain their residences over time. Yet if you consider the home repairs you need to complete, you can incorporate the costs associated with these repairs into your house selling budget.

It may be beneficial to conduct a house inspection prior to listing your home. Once you receive a house inspection report, you can learn about any underlying home problems. You then can assess the costs to perform assorted home repairs.

For those who want to save money on home repairs, you may be able to complete simple property upgrades on your own. If you are unsure about how to perform various home improvements, however, you should hire a professional. Otherwise, if you try to complete these home improvements on your own, you risk making expensive, time-consuming and dangerous mistakes.

3. Packing and Moving

After you sell your house, you may have only a short amount of time to pack up your belongings and relocate to a new address. Meanwhile, if you account for your potential packing and moving costs, you can ensure that you will have the funds available to cover these expenses when you are ready to relocate.

In some instances, home sellers pick up packing supplies early in the property selling journey. This ensures a seller won't have to worry about rushing to purchase packing supplies as moving day approaches.

You may want to reach out to local moving companies for quotes, too. And when you finally sell your home, you can finalize plans with an affordable, convenient moving company that you have already vetted.

Lastly, selling a house can be challenging, but a real estate agent can help. If you hire a real estate agent, you can receive plenty of assistance as you craft a home selling budget. Perhaps best of all, a real estate agent will do whatever it takes to help you enjoy a fast, profitable house selling experience.

About the Author
Author

Scott Markham

Hello!

Thank you for visiting my site. As a retired firefighter, I’m no stranger to helping people in times of need, which is why I chose to pursue a second career in the real estate business when I retired. Granted, a real estate transaction is not a life or death situation, but it is an extremely important one, and definitely a life changing event! I would appreciate the opportunity to help you with your real estate needs, whether you’re buying or selling, I will passionately advocate for your best interest, dedicate the time to meet all your real estate needs, and ensure your experience is as smooth as you always hoped it would be. My approach is customized to each of my clients and their wishes, whether you like texting, email or phone calls, keeping the process convenient for you during your buying or selling process, is my top priority. Please don’t hesitate to give me a call, I look forward to working with you!

PROFESSIONAL DESIGNATIONS & ASSOCIATIONS

-Certified Real Estate Negotiation Expert (RENE) I'm not only certified in real estate negotiation techniques, but I have the determination required to represent every client with passion. 

-Certified Mountain Area Specialist (CMAS): Expertly versed in marketing and selling mountain properties, as well as representing a buyers best interest in purchasing mountain properties. I will assist you in addressing important apects such as wells, septic tanks, leach fields, and fire mitigation concerns.

-Accredited Commercial Professional (ACP): Demonstrated professional competence in the major areas of listing and selling commercial real estate. Trained to work knowledgeably and professionally with commercial real estate brokers, agents, managers, sellers, buyers and leasing clients.

-Children's Miracle Network: Since 1992, RE/MAX Affiliates have raised millions for the Children’s Miracle Network member hospitals throughout the U.S. and Canada.

-Member of the National Association of REALTORS®, Colorado Association of REALTORS®, and Mountain Metro Association of REALTORS®.