Selling Your Home in Los Angeles
What should I do to prepare my home for sale?
You may not be able to change your home’s location or its floor plan, but you can do a lot to improve its appearance. The look and feel of a house generates a strong emotional response, so your home needs to be at its best. Make sure it’s free of clutter, that furniture is arranged so that it’s easy to navigate the house, and above all, that it’s sparkling clean. Plenty of warm, flattering light is a must, as well – check the bulbs in your lamps and fixtures, and open shutters or drapes for showings and open houses. Fresh flowers or potted plants (indoors and out) can help, and be sure to make any minor repairs a prospective buyer might notice.
It’s also a good idea to pack away most family photos, knick-knacks and the like — you want your home to be as neutral as possible. It’s a lot harder for buyers to imagine themselves and their own possessions in your home if they’re reminded of your own personality everywhere they turn.
I want to keep updated on new listings. How can I do this?
How do I choose an agent?
Talk to the agents you’re interviewing about their opinion on your home’s value and saleability, but beware the agent who gives you a surprisingly high listing price — they may be trying to “buy” your listing by making you think your home is worth more than it actually is. The result will be your property languishing on the market for months at this too-high price.
How much money will I have to come up with to buy a home?
How do I decide on a listing price?
After viewing your home, your agent will discuss with you what’s going on in the market as a whole, and what recent sales are comparable to your own property. When you decided to sell, you probably started keeping an eye on other properties going on the market in your neighborhood, but remember: homes are compared and priced by what’s sold, not what’s listed on the market.
You’ll also want to consider your desired time frame when deciding on a price. If you’re not in a great hurry to sell, you can price your property at or very slightly higher than the current comparable sales indicate. But if you do need to sell quickly, you’ll definitely want to keep your listing price very competitive. Remember, a too-high listing price will mean a lot of prospective buyers sitting on the sidelines waiting for a reduction…but a comparatively low listing price can result in offers, and maybe even a bidding war.
What factors can influence the price of my home?
You want your home to sell for the highest price possible, but also in a timely fashion. Here are some factors that influence the price of your home: current real estate market conditions, the expertise and market knowledge of your real estate representative, lot size and square footage of your home, the condition of your home, location and special amenities of your home, selling and listing price of comparable homes in the area, a sophisticated real estate marketing plan and your level of motivation.
How long will it take to sell my home?
There’s no easy answer here. If your home is priced competitively, you should be able to sell in a couple of months. But so many factors can influence the speed of a sale — the age, style and condition of your home; whether it’s in a popular and sought-after neighborhood; the availability of loans for prospective buyers; and even (as we’ve seen lately) the strength of the financial markets as a whole. Some times of the year are historically slower than others for home sales, and some price points in particular areas can add extra time on the market. It’s important to remember that if your home is priced right, a good agent will find the right buyer for you.
Let’s Get Started!
If you’re ready to schedule your home selling confidential consultation, please contact me at firstname.lastname@example.org and I will schedule a time to meet with you, see your home, and discuss my marketing plan that will ensure that your home sells for top market dollar in Los Angeles.