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Stock impact report

Sellers Spend Nearly $21,000 to Sell a Home in 2019

Zillow Group, Inc. - Class A (ZG) 
Last zillow group, inc. - class a earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: PR Newswire
SEATTLE and SAN FRANCISCO, April 9, 2019 /PRNewswire/ -- Home sellers in the United States spend $20,851 on average to sell their homes, according to Zillow® and Thumbtack's 2019 Hidden Costs of Selling analysis. This includes closing costs, but also the improvements and other projects made when people are preparing their homes for sale.More than half of today's sellers are doing so for the first timei, and the costs associated with the process may come as an unwelcome surprise. Zillow and Thumbtack identified several common – but often overlooked – expenses to inform sellers as they prepare to list their homes this spring.The majority (79 percent) of sellers complete at least one home improvement project before putting the home on the market, which tends to pay off. Sellers who make improvements to their homes are more likely to sell for more than their asking price than those who don't – 22 percent versus 16 percent, according to the Zillow Group Consumer Housing Trends Report.Selle Show less Read more
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