In today’s sellers’ market, homes that are priced appropriately and show well very often receive multiple offers. This is great news for sellers – the more offers you have to choose from, the better chance you have of getting a higher price and more favorable terms. However, reviewing multiple offers can sometimes be a stressful process. It can be difficult to decide which potential buyer is going to be the best choice to proceed into escrow with when you are overwhelmed by ten or more offers. Luckily, part of your listing agent’s job is to break down each offer and explain to you the pros and cons of each potential scenario. Here are a few of the elements that you will need to consider with each offer and some tips to help you as you make a final choice. Continue reading
How to Pick the Right Listing Agent
If you have decided that the time is right for you to sell your home, the first step in the process is to partner with a Realtor. Picking the right listing agent can be an interesting journey for homeowners, one that sometimes evolves over many years. If you are an established homeowner and have owned your house for a long time, you’ve probably met a few Realtors at open houses in your neighborhood. Continue reading
Making the Decision to Sell
If you are a homeowner, the idea of selling your house has undoubtedly crossed your mind at least once. There are countless reasons why people consider selling their homes. Maybe it’s time to trade up to something larger or downsize to something smaller. Maybe your kids are nearing school age and you’d like to be in a better district. You could be considering a job transfer or a change in family situation. Making the leap from “considering” a home sale to actually listing your house can be a difficult process with many considerations. Here are some things to consider as you make your decision. Continue reading
Tips for First Time Home Sellers
Buying a home for the first time is generally an experience that is both monumentally exciting and agonizingly stressful at the same time. If you have made it through that process and are now enjoying the pride and benefits of owning your own home, you have successfully jumped one of life’s major hurdles. However, if you are like most first time homeowners, you did not buy your dream house – you are more likely living in a great starter home that is hopefully going to enable you to build equity and move up to a bigger and better home. Continue reading
Should You Buy First or Sell First?
With record low interest rates and prices still near the bottom (despite recent consistent gains), this is a great time for current homeowners to consider trading up to a larger house. The extreme inventory shortage makes this a particularly opportune time to sell if you have built up equity that can be put towards a down payment on your next home. However, before diving into the market, trade up buyers need to carefully consider this question: should I buy first or sell first? Continue reading
Buying in a Seller’s Market
If you are someone who doesn’t follow the housing stats or obsess over the local real estate market, then you may not have heard the latest news in the Los Angeles area– we are experiencing (gasp!) a seller’s market. How is this possible? It’s pretty simple: with the economy improving and interest rates staying low, buyers are finally feeling confident enough to get back into the market. Continue reading