To many of us, living in Los Angeles might seem like a dream. The year-round sunny weather, the vibrant music, art, and Hollywood scenario might be enough to make life in this Southern Californian city an absolute bliss. However, all this bliss comes with a price tag. Life in Los Angeles can be quite expensive. Los Angeles ranks among the top ten most expensive cities in the USA.
Perhaps, it is the expense that has compelled you to sell your house and move somewhere more affordable than Los Angeles. Or maybe it is the pandemic and the fear of recession that prompt you to sell your house. After all, millions of Americans continue to be in forbearance and falling behind in mortgage payments. We may not want to wait until they all list to compete with them to sell your house. With the economic uncertainty unfolding before us, you might want to sell it faster before you lose the potential buyers.
Just because you want to sell your house faster doesn't mean you have to take the short end of the stick in your deal. To make sure you get the best deal selling your house, you need to adopt some strategies to sell the house faster without compromising the selling price. Here are some necessary steps for selling your home more quickly in Los Angeles.
Hire an Expert
When you are about to sell the biggest investment in your life, rely on professionals with experience in the industry. Check out this service that offers "we buy houses Los Angeles" offers to sell your house without a fee, or hassle of repairs and selling. They will do all the heavy lifting and ensure your house sells for the highest price and in 'as-is' condition.
To attract the right audience, you need to hire an expert real estate agent specializing in selling houses in Los Angeles. If you want to sell your house faster, there is no alternative to hiring an estate agent.
A real estate agent can access various housing databases and connect you to potential buyers looking for a house with the same features as your house. Estate agents have broad networks of home buyers and sellers. Besides, real estate agents are experts at negotiating selling prices, and they can get you the price you deserve for your home.
Devise a Selling Strategy
Once you decide to sell your house, it is better to get the process rolling faster. A long-drawn-out process can add unnecessary stress to your life. Besides, you need to keep your house in pristine condition when it is on sale, adding extra work of daily cleaning and staging.
On top of that, the real estate industry can be unstable. Even if the house pricing in Los Angeles stays relatively high for most of the year, the price can drop or rise any given day. You can minimize all this stress if you opt for a quick sale.
Clean Up Your House
It may sound obvious that you need to get your home in pristine condition before you put it on the market. Because the house seems cluttered or unlivable, it will be a turn-off to potential buyers. Besides, if the house needs any major renovation, such as the kitchen or bathroom upgrading, buyers who want a move-in ready home may not find your house appealing.
The best way to get your home in a "turn-key condition" is to deep clean and declutter it before you put it up on sale. You should also make sure all the utility lines and other house utilities are working fine.
If you want to try some renovation to boost your home value, you should focus on the kitchen and the bathrooms; sometimes, these are the deciding factors for home buyers. By all means, buyers should feel they will move in the next day without any major renovation or repair costs and hassle. The more move-in ready the house, the better prices!
Repaint the House
Repainting might be the best solution when it comes to spruce up your home. Make sure you paint the house in colors that complement the space. Consider bright, neutral colors to make space seem bigger.
Clear up the clutters and excess furniture so space can shine on its own accord. While the paint should not be the highlight of the house, viewers should envision how the interior will turn up once they move in.
Spruce Up the Curb Appeal
While buying a home, potential buyers can value both the features and the house's exterior looks. And for some, the first impression is what matters the most. To impress potential buyers, you have to create a stunning impression of your house - starting with curb appeal. If the exterior looks drab, no matter how updated your interior is, their first impressions will not be as positive.
For starters, revive the lawn area and landscaping with some bright flower beds and shrubs. Fix the driveway and invest in exterior lighting. Repaint the garage door and the front part of the home, fix any broken glass pane. Above all, the exterior should be appealing enough to compel buyers to explore the interior.
Install Modern Home Gadgets and Appliances
Having modern home appliances in your home can seal the deal for the buyers. To add a contemporary flair to your home, you can install a stainless kitchen sink and granite countertops. Consider upgrading your basement and garage. However, make sure your renovation cost stays well within the budget so you can get a good return on investment.
Keep It Homey but Avoid Personal Touch
While space should bear some semblance of homey feeling, it should also provide the viewer some sense of blank canvas to add their own flair and style. To spark their imagination, you can hint at some elements, but they should stay subdued.
Take Promotional Photos
As per statistics, almost 80% of home buyers research homes on the internet. And the majority of them depend on the listing photos to evaluate the suitability of a home. To make your home stand out from other listings, consider hiring a professional photographer. Make sure the photos capture all the winning features of your home, both inside and outside.
To provide a holistic idea of your property, consider posting photos of different times of the day; this will help the buyers to gauge the difference between daylight view and a nighttime view of the property.
Be Flexible With Your Schedule
After you list your home for sale, you might get many requests for home viewing from potential buyers. You should free up your schedule to be available for the showing and accommodate as many appointments as you can.
Delaying with the showing can turn off the buyers who are looking for immediate home buying. In some cases, sellers are requested to leave the premise to allow buyers a more private no-pressure viewing. In that case, you should comply with the request.
Be Open to Compromise
Buying or selling a house involves many considerations; from the selling price down to the appliances, all will be up for negotiation. However, not every decision will be in your favor, and you should respect the other party's preferences.
Be prepared to present your case logically and face an outcome that doesn't go your way completely. If you fear negotiating further will be a deal-breaker, consider finding a middle ground. Make sure both you and the buyer are on the same page before drawing up a contract.
Set the Right Price
Now you may feel your house is the best in the market, or it might have sentimental value to you. However, don't set an unrealistically high price for your home that is well above the market price. It is best to consult your agent in setting a realistic price to sell the house fast while also maximizing your profit. Besides, setting the price higher will inevitably mean a slower sale. Competitive prices get houses sold fast.
The Bottom Line
Selling your house at the right price is no cakewalk, especially when the real estate scenario is already competitive. To run the process smoother, consider hiring a real estate agent who will help you navigate the journey. However, once you decide to sell the house, take prompt action to make it happen; delaying might affect the price as markets change from week to week these days. Now that you know all the steps for selling your house faster, are you ready to put the "on-sale" sign in front of your house?
