What should you know when your selling a house in Los Angeles?
Do you need to sell your house in Los Angeles? Have you asked yourself: “what homeowners should know when selling a house?”. This blog post will surely help you. We have 5 things homeowners should know about when working with an agent.
There are a few things you should know before hiring a Los Angeles real estate agent to help you in selling a house in Los Angeles. First will be to call up a local real estate agent to get your house up on the MLS.
The Costs Can Be High
Just make sure that you are aware of all of the costs that typically go into a successful listing if you decide to go the route of working with an agent in Los Angeles to sell a house. Aside from the high cost that will be deducted from your offer when the house sells, what homeowners should know is that they will have a numerous expenses to deal with before their house even hits the market. At the start, you’ll need to make some basic repairs and have it cleaned professionally. There could be marketing costs such as photography and staging that isn’t covered in the scope of your listing agreement. Some homeowners will even have an inspection done before selling a house so they know what to expect once potential buyers have done something. Add all of this to your holding costs, and you’ll see how a simple listing can quickly turn into bills costing thousands when selling a house.
It May Take Awhile
What homeowners should know is that it will typically take much longer for a traditional sale to be completed as opposed to a direct sale as this varies from neighborhood to neighborhood and city to city. In fact, at nationwide statistics, houses will take over two months to get an offer. While your house is listed, you will still have to pay taxes, maintenance, your mortgage, utilities, and insurance. Not to mention, you will have no idea how long the sale can take, giving you zero ability to plan ahead. Don’t miss out on your dream property because your house is caught up in a listing agreement that doesn’t make sense.
Not All Agents Are The Same
If you go through the route of selling your house and just working with an agent in Los Angeles, make sure it is someone who comes highly referred and can be certainly trusted. As some agents are there to help and provide genuine service, there others who are simply after that commission check. To sell your house faster, they will encourage you to take less than it’s worth just so they are able to cash in before your agreement expires, also, will encourage you to make expensive upgrades.
Your House May Not Sell
If you decide to list and spend money getting your house ready for the MLS, make sure that you won’t be devastated if you do not see the returns you wish. It is not just because you list your house and ask for a certain amount, does not mean that you will get it. Don’t get frustrated as you found out spending money to list homes for sale. It is not because you fix things up and spending money to make the house look as good as possible, does not ensure you will get an offer. Working with an agent in Los Angeles, is no guarantee if or when you will receive an offer. And if you do, they will try to negotiate to lower the price.
You Have Other Options
For certain houses and situations, investing money into the property before selling it can be a huge waste. The good news is that working with an agent in Los Angeles is not the only way in selling a house. Factor in the commissions, holding costs, and closing expenses, and you could be looking at thousands of dollars down the drain. Another good idea is to sell your house to a direct buyer such as Mrs. Property Solutions. It will allow you to sell your house fast when working with a direct buyer as no fees will be deducted from the offer and you’ll know exactly what to expect when the closing will take place.
Be sure that you are aware of all of your available options and how they will affect you if you need to sell your house in Los Angeles. What homeowners should know are the costs, time, and frustrations that it will entail. We encourage you to run the numbers for your property so you can choose options that make the most sense as some homeowners have been known to brush off the idea of a direct sale because of the lower prices associated with them. However, once you factor in the time, money, and energy that goes into listing your Los Angeles house, you will see that the selling methods will produce similar results. Just reach out to us if you have any questions on what and how we can help you in selling a house fast in Los Angeles!
Working with an agent in Los Angeles may not be the answer for you! Explore your options by sending us a message or giving us a call today! (310) 658-8252 Selling a house has never been this easy