HOW TO SELL YOUR PROPERTY ON TIME AND ON A GOOD PRICE
Selling your own home in Santa Monica can be exciting and a great achievement if you pull through successfully. But you should also remember that the process can often endanger yourself and your property if you make a simple mistake. It is always good to call in a professional if you are unsure of anything during the process.
It takes a longer time to sell your property yourself, compared to handing it over to a real estate agent. On the average, it takes a real estate agent over 85 days to find a buyer for a property. This amount of time doubles when a homeowner decides to do it their own way. So handing your property over to an agent is always a better option.
In this article, we will explore ways to get the best price for your property in Santa Monica:
BE REALISTIC IN PRICE
You should be careful not to price your property too high or too low. If you place the asking price high, you would be deterring potential buyers from coming near your property. If you place the asking price too low, you will lose money that you would have made. Check similar properties to know what they are priced and compare quote from real estate agents. This will help you ensure that your property is being priced optimally.
CHOOSE THE RIGHT REAL ESTATE AGENT
Majority of real estate agents charges a percentage of the sale price. But some will add a lengthy lock-in clause that will prevent you from selling your property through another agent, if they are unable to sell it for you in good time. Ensure the agent you choose charges low agent fee with a very short lock-in period. Stick to agents who are members of a reputable Real Estate Agents’ Association. An example is Kim & Kristine. They will help you value your property with comparable data to justify the valuation and sell your home fast.
MAKE THE BEST FIRST IMPRESSION
Prospective buyers will see the outside of your house first, before they get to the inside. Ensure your garden is tidy with a clutter-free drive way. This can make a lot of difference in the mind of the prospective buyer and put him in the mood of buying at a good price.
YOU MUST BE PROACTIVE
When you place your property up for sell, you don’t need to just sit down and wait till your realtor calls over an offer. Call them and know why buyers are not making offers yet; maybe there is something you might need to adjust to make the property more saleable.
When a buyer indicates interest, you should see evidence from them that show they are serious about the purchase. Don’t take your property off the market until there is an exchange of contract between you too.
EXCHANGE CONTRACTS AS SOON AS POSSIBLE
You should have and make available, any information required by your solicitor over the transaction. Keep in touch with him, the realtor and the buyer to know the progress and to ensure everything is proceeding right.
DON’T TURN OFF POTENTIAL BUYERS
If you or your agent is rude, it will most probably turn off your buyer and make him back out of the deal. Likewise, an untidy house will make the buyer lose interest and decrease the value of your property. So ensure every area of your house, both inside and outside is properly kept in good condition before letting a buyer see them.
Putting all these in place will help increase the value of your property sale in Santa Monica and ensure it is sold on time too.
Kim and Kristine are award winning real estate team of sisters. For the past seven years, their focus has been on building relationships and getting the best price for their client’s home. They are a strong force in the desirable “Westide” Los Angeles real estate market. For your Santa Monica Home Sales, you can contact them here and be guaranteed of a good deal in record time.