What are the best ways to save money when selling a home?

Ask Ralph - Christian Finance

02-11-2024 • 22 Min.

Discover how to save thousands when selling your home in this enlightening episode of the Ask Ralph Podcast. Ralph shares valuable insights and real-life success stories from clients who navigated the home-selling process, including how one couple saved a staggering $17,500 by using a flat fee MLS listing service. The episode dives into practical strategies for homeowners, such as focusing on essential repairs and effective online marketing, to keep more of their hard-earned equity. With a mix of humor and practical advice, Ralph encourages listeners to consider DIY marketing techniques and emphasizes the importance of timing and pricing in real estate. Tune in for actionable steps that can help you maximize your profits, minimize unnecessary costs, and ultimately save money when selling a home.

https://www.askralphpodcast.com/save-money-when-selling-a-home/

Podcast Timestamps:

00:00 Episode Overview

02:06 Listener’s Question: Sarah’s Home Selling Concerns

02:37 Bible Verse - Proverbs 21:5

03:19 Real-Life Story: Mike and Jennifer's For Sale by Owner Success

05:09 Barbara's Smart Renovation Strategy

06:54 Rodriguez Family’s Timing Victory

08:07 Tom's Do It Yourself Marketing Success

08:53 Actionable Steps You Can Take

10:33 Listener’s Question: 401k Withdrawals for a New Car

14:39 Delaware EARNS

21:08 Closing

Takeaways:

  • Understanding the potential savings from selling your home yourself can lead to significant financial benefits, sometimes saving thousands in commissions.
  • Proper timing and pricing are crucial when selling a home; a well-timed sale can maximize profits.
  • Investing in basic landscaping and deep cleaning can greatly improve a home's curb appeal without breaking the bank.
  • Consider leveraging modern technology, like social media and high-quality photography, to market your property effectively.
  • Exploring different financing options for major purchases, like cars, can help manage taxes and preserve retirement savings.
  • Utilizing state-sponsored retirement plans like Delaware Earns can provide employees with essential saving options without costly employer burdens.

Links referenced in this episode:


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