Every homeowner preparing to sell asks the same question: “What is the cheapest way to sell my house?”
The answer isn’t as simple as choosing the lowest commission fee. True savings are measured by your net proceeds. This is the amount of cash you walk away with after all expenses are subtracted from the sale price. Focusing on a low agent commission without accounting for staging, repairs, and months of holding costs can often lead to a lower final profit.
Understanding the entire home-selling process allows you to make an informed decision and save money.
The “Net Proceeds” Framework: Your True Measure of Profit
To find the cheapest way to sell, you must look beyond the sticker price (the home sale price) and calculate your final profit.
Your Net Proceeds = (Sale Price) – (Total Selling Costs)
Total Selling Costs include:
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Real Estate Agent Commissionsare typically 5% to 6% of the sale price, split between the listing agent and the buyer’s agent.
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Closing Costsinclude transfer taxes, legal fees, title insurance, and escrow fees (usually 2% to 5% of the sale price).
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Holding Costssuch as mortgage payments, property taxes, utilities, and insurance, while the house is on the market (especially critical if it takes months to sell).
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Pre-Sale Expensesinclude deep cleaning, minor repairs, staging costs, and marketing expenses (high-quality photos, signage).
By reducing these costs, you increase your net profit. Here are the three main options for cost-conscious sellers:
Option 1: Eliminating the Listing Agent—The DIY Approach
The primary way many homeowners attempt to save thousands is by cutting out the listing agent’s commission (usually 2.5%–3%).
For Sale By Owner (FSBO)
This option saves you the listing agent commission, but it transfers all the work and risk directly onto your shoulders.
Flat Fee MLS Listings
This is a popular step for many FSBO sellers. For a fixed, non-refundable fee (often a few hundred dollars), a flat fee agent lists your property on the Multiple Listing Service (MLS). This is key because it pushes your listing onto major online platforms like Zillow, allowing you to gain exposure and find a buyer.
A flat fee MLS listing gives your home exposure to buyer’s agents, but it’s purely a listing service. You still have to do all the work of an FSBO seller.
Discount Brokers
If you want professional help but need a lower percentage, discount brokers can be a viable path. They typically charge a lower percentage commission (e.g., 1%–2%) compared to the traditional 3% listing agent fee. While using a traditional agent may lead to a higher final sale price, those seeking a balance of service and savings often use this route, though you should carefully vet to find the best real estate agent to sell your home at a discount.
Option 2: The Easiest and Fastest Way—A Direct Cash Sale
An often-overlooked option, a direct sale to a cash home buyer like iBuyHomes.com offers maximum certainty and convenience, making it the cheapest way to sell for sellers prioritizing speed and minimal out-of-pocket expense.
With a cash buyer, you receive a direct offer and close on your timeline. While the top-line offer may be lower than a full retail price, the real savings come from eliminating virtually all the costs associated with a traditional listing.
How a Cash Sale Maximizes Your Net Proceeds:
A cash sale is particularly powerful when dealing with homes that have structural problems or complex legal situations that would deter a retail buyer:
- Homes with Termite or Mold Damage: A cash buyer is equipped to handle these major, costly repairs, saving you the thousands required to fix them upfront to satisfy a mortgage lender.
- Foreclosure or Bankruptcy: When a sale needs to happen fast to resolve legal or financial distress, the speed and certainty of a cash offer are invaluable. This method is also highly efficient if you are trying to sell land quickly, as it bypasses the financing obstacles that often plague land deals.
A financially savvy seller in Apopka, Charleston, or Camden will compare the net proceeds of a retail sale (High Price – All Fees – Repairs – Holding Costs) against a cash offer (Guaranteed Offer – Zero Fees – Zero Repairs). Often, the cash sale results in a comparable or even higher net profit with none of the stress.
Option 3: Making a Traditional Sale Cheaper
If you choose the traditional market, the following strategies will help you sell fast and maximize your home’s appeal and value to attract buyers and make a competitive market:
Price Strategically
Research your local market to set a fair price. For example, sellers concerned with market timing often look for data on the best month to sell a house in California to maximize their sale price. Overpriced homes sit, forcing price drops later, which often result in a lower final sale price.
Focus on Curb Appeal
The exterior is your first impression. Simple, low-cost improvements like fresh paint on shutters, basic landscaping, and deep cleaning can significantly increase your home’s appeal, according to Better Homes & Gardens. For a detailed guide on cost-effective improvements, explore inexpensive ways to get your house ready to sell.
Prepare the Interior
Declutter, depersonalize, and perform minor repairs. Home staging doesn’t have to be expensive; sometimes, just arranging your existing furniture effectively makes all the difference in helping buyers envision the space.
Finalizing Your Decision
The cheapest way to sell your house is the path that gives you the highest net proceeds with the least amount of stress and risk.
- If you are an experienced negotiator, have ample free time, and are confident in the condition and pricing of your home, an FSBO or Flat Fee MLS may save you on listing commission.
- If you want to sell quickly and as-is, eliminate 100% of commissions, and gain certainty on your closing date, the Direct Cash Sale is the clear financial winner.
Before committing to months of showings and repairs, compare your potential net profit. Get a free, no-obligation cash offer from iBuyHomes today. You may find that the least expensive way to sell is also the easiest.