
The Hidden Costs of Traditional Home Selling Most Agents Won't Tell You
The Hidden Costs of Traditional Home Selling Most Agents Won't Tell You
When considering selling your home, most people focus on the agent's commission – typically 5-6% of the sale price. However, the true cost of selling your home traditionally extends far beyond this commission, often amounting to thousands of dollars that quietly erode your equity.
1. Holding Costs Add Up Quickly
The average home in the Las Vegas area sits on the market for 45 days before receiving an acceptable offer, with another 30-45 days until closing. During these 2-3 months, you're responsible for:
• Mortgage payments: $3,000-6,000
• Property taxes: $1,000-3,000
• Utilities: $600-1,200
• Insurance: $300-900
• Maintenance: $500-1,500
These holding costs alone can total $5,400-12,600 – money that never returns to your pocket.
2. The "Preparation Tax"
Before listing traditionally, most agents recommend:
• Fresh paint: $2,000-5,000
• Carpet cleaning or replacement: $500-3,000
• Landscaping improvements: $500-2,000
• Professional staging: $1,500-5,000
• Pre-listing repairs: $1,000-10,000+
These expenses, which can total $5,500-25,000, are investments with questionable returns. Our data shows that sellers rarely recoup these costs in the final sale price.
3. The Inspection Negotiation Drain
After accepting an offer, the inspection phase often leads to:
• Repair demands: $1,000-15,000
• Price reductions: 1-3% of sale price
• Closing cost credits: $3,000-10,000
Even worse, 25% of traditional transactions fall through after inspection, forcing sellers to start over and incur additional holding costs.
4. The Time Value of Your Life
Traditional selling requires:
• 25-30 hours preparing your home
• 15-20 hours vacating for showings
• 10-15 hours managing repairs
• 5-10 hours handling paperwork
At even a modest value of $25/hour, that's $1,375-1,875 of your time consumed.
5. The SimpliSold Alternative
Our revolutionary approach eliminates these hidden costs by:
• Getting you under contract in an average of 14 days
• Requiring zero pre-listing repairs or improvements
• Eliminating disruptive, random showings
• Creating buyer competition that drives prices up, not down
When you consider the true cost of traditional selling – commission PLUS holding costs, repairs, concessions, and your valuable time – the SimpliSold advantage becomes clear.
Ready to discover how much more equity you could keep? Get your free home value assessment today. Call or text 725-712-8937