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5 unexpected expenses when selling your home

5 unexpected expenses when selling your home

Author: Pranil Maharaj
Date: 2017-09-14

Selling your house doesn't just involve a property agent, a moving company and maybe a storage facility thrown into the mix. There are some potentially unexpected selling expenses you may encounter. These expenses include:

1. Home staging - Although home staging is not yet very common in South Africa, it is gaining popularity in, especially the luxury sector.

2. Maintenance - Whether you are staging your home or not, your home will probably need some work done in order for it to be presented in the most attractive way.

3. Getting a professional inspection done - Although inspections are generally paid by the buyer and happen after the offer to purchase has been accepted.

4. Bond cancellation fees - When a seller has a bond registered over a property it must be cancelled on transfer and the seller is responsible for payment of the conveyancer's fees for cancellation.

5. Compliance certificates - Sellers also need to obtain compulsory Electrical, Electrical Fencing and Gas certificates before selling, and sometimes also need to present an Entomologist certificate.