Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Agent Commissions and Fees
Real estate agents typically charge commissions of 5% to 6% of the final sale price. On a $300,000 home, that means $15,000 to $18,000 right off the top. For many home sellers, this is the single biggest expense in a traditional sale.
In addition to commissions, you may be on the hook for closing costs such as attorney fees, title fees, and transfer taxes. These can add up to another 2% to 5% of the sale price. That means homeowners often lose tens of thousands before they ever see the proceeds of their sale.
Working with cash home buyers like Harvey Buys Houses eliminates these costs entirely, since there are no commissions or hidden fees built into the offer. See more of the benefits of selling your house for cash.
Repairs and Renovations
Most buyers expect homes to be in good shape before making an offer. That often means repainting walls, replacing flooring, fixing appliances, or even tackling major upgrades like roofing or plumbing.
These expenses can quickly spiral. Even minor updates like new carpet and paint can cost thousands. Major projects, like HVAC replacement or structural repairs, can push the total well into five figures.
And here's the catch: you're paying for improvements you'll never enjoy, just to make the house appealing to someone else. Cash home buyers, on the other hand, buy houses as-is, so you don't spend a dime on updates before selling.
Staging and Marketing Expenses
To compete in today's housing market, many home sellers invest in professional staging and photography.
Staging can cost several hundred to several thousand dollars depending on the size of your property. Photography packages, online advertising, and open house prep also add to the bill.
While these steps may help your house sell faster, they're another expense that reduces your net profit.
To move faster without sinking money into staging, read our step-by-step guide on how to sell your house fast in Virginia.
Holding Costs While You Wait
Perhaps the most overlooked hidden cost is the expense of simply owning the property while it's on the market. Mortgage payments, property taxes, insurance, utilities, and maintenance don't stop just because your house is listed.
If it takes three to six months to find a buyer and close, you could spend thousands more keeping the property afloat. For home sellers already facing financial challenges, these ongoing costs can be overwhelming.
Foreclosure makes these costs even harder for homeowners. Learn more in Can I Sell My House During Foreclosure in Virginia?
Negotiation Pitfalls
Even after you find a buyer, the costs may not be over. Home inspections often reveal issues that buyers use to demand credits or price reductions. Appraisals can come in low, forcing you to renegotiate or make concessions.
Every one of these scenarios eats into your final proceeds, leaving you with less than you expected. Choosing legitimate cash home buyers in Virginia means skipping these negotiations altogether, since their offers are clear, straightforward, and not dependent on appraisals or inspections.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Ready to Sell Your Virginia Home Without Hidden Costs?
The traditional way of selling a house can look appealing until you start adding up the hidden costs. Between commissions, repairs, staging, holding expenses, and negotiation concessions, many homeowners in Virginia walk away with far less than they planned.
That's why more home sellers are exploring direct cash sales from buyers like Harvey Buys Houses. By avoiding these hidden costs, you keep more of your home's value and close on your own terms.
Skip the fees, repairs, and months of waiting. Contact us today by filling out the form to see how simple selling your home can be.