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Thinking about selling your home? You’re probably excited about the profit you’ll make, but before you celebrate, let's talk about the hidden costs that can take a big chunk out of your bottom line. Stick around, because 40% of home sellers overlook one major cost that could surprise you! A lot of homeowners are “equity rich,” meaning they own 50% or more of their home, which sounds great. But if you think your $500,000 home will sell, and you’ll walk away with $250,000 after paying off your mortgage, it’s not that simple. Here are some hidden costs to watch out for: ▪️ Pre-sale repairs like painting, fixing windows, and landscaping can cost up to $14,000. And home staging? That can be $800 to $1,200 upfront, but staged homes sell for 5–20% more. Some agents, like me, cover this, but if not, it's an expense to consider. ▪️ Closing costs—title fees, taxes, and attorney fees—are big and can’t be ignored. And don't forget inspection repairs that buyers will likely request. You should budget about $5,000 for those unexpected fixes. ▪️ Real estate commissions will also eat into your profits. With recent NAR changes, you may or may not have to cover the buyer’s agent's fees. Finally, the one cost 40% of sellers forget? Moving costs! Hiring movers can easily run into the thousands, especially for long-distance moves. Were any of these costs surprising? Let me know in the comments! It’s crucial to know what your real profit will be so you can plan. And if you need advice, reach out—I’m here to help you navigate every step of the process! 🕛 TIMESTAMP 🕛 00:00 Hidden Costs Of Selling Your Home 00:26 Corelogic: US Homeowners Are Equity Rich! 00:55 What To Fix Before Selling Your Home 01:20 Home Staging Sell Your Home Fast! 01:58 Closing Costs When Selling A Home 02:23 Inspection Repairs 02:47 Real Estate Agent Commission & Fees 03:15 What Is Capital Gains When Selling A Home 03:37 Negotiating Seller Concessions 03:52 Moving Costs When Selling A Home ◾◾◾◾◾⬇ More Real Estate Tips You Should Check Out ⬇◾◾◾◾◾ ** Start Your Home Buying Journey Here 👇👇 • Begin Your Real Estate Journey with These ... ** Start Your Home Selling Process Here 👇👇 • Selling Homes For Top-Dollar - Check out t... ◾◾◾◾◾⬇ Useful Tools For Your Real Estate Journey ⬇◾◾◾◾◾ **Search off Market/ Coming soon Homes👇👇 https://zenlist.com/a/vittoria.logli ** Check Your Home Value Here 👇👇 https://www.vittorialogli.com/propert... ** Create A Custom Market Report Here 👇👇 https://www.vittorialogli.com/search/... ◾◾◾◾◾◾◾ Follow Me On Social Media ◾◾◾◾◾◾◾ Website ▪ https://bit.ly/3fmZddl Instagram ▪ https://bit.ly/3Fyw0GU Facebook ▪ https://bit.ly/3sM59zy Linkedin ▪ https://bit.ly/3NnFQxf TikTok ▪ https://bit.ly/3sO81ff Google Reviews ▪ https://bit.ly/3TaL1lD Zillow Reviews ▪ https://bit.ly/3WpT2pE Vittoria Logli | @properties License #475•126143 1517 Waukegan Rd Glenview, IL 60025 📞 847-810-8438 --------------------------------- #realestate #sellingahome #sellinghomes #homesellersguide #realtor