Selling a House the Right Way Can Save You Thousands of Dollars
The number one goal when selling your house is to make it seem like the perfect home for any buyer. This means that you should stage the home appropriately and take care to address any concerns or issues in a timely manner.
It also means getting the most profit and the most favorable terms. To do that, you should avoid these top 5 mistakes that many sellers make when selling a house in Los Angeles.
Overestimating List Price
While you may be expecting your house to sell your house for a ton of money, overestimating the sales price is one of the biggest mistakes homeowners can when selling a house in Los Angeles. While your home is perfect for you, buyers often quickly assess what a house is worth, and if your house has a high price, buyers may skip your house immediately. Unfortunately, listings that linger, no matter the reason, tend to sell far below market value. A professional buyer like Jennifer Buys Houses will detail every number, so you will feel comfortable that our cash offer is fair. We know that you want a fair market value for your home so are confident that our offer is fair.
Most people think staging their house is a waste of time and money. But in reality, staging can save you up to 40% on your home sale, and as much as 50% on your rental property, by making it look like someone lives there, but with neutral furnishings.
Skipping on the staging of your house prior to selling is a mistake many homeowners make when selling a house in Los Angeles. When you’re in a store and pick up a pair of shoes to try them on, do you want to see signs of prior use? Likewise, when buyers walk through a property and notice someone else’s belongings everywhere they look, it is difficult for them to visualize themselves in the space.
Staging presents a neutral background that allows potential buyers to imagine themselves in the space. If you prefer not to do any redecorating in your home instead and avoid the showings, making a direct sale to a professional buyer like those at Jennifer Buys Houses can save you the expense and trouble.
Rundown and Outdated
Fresh paint can do a great deal to brighten up the oldest of homes. There is something about the smell of fresh paint that can instantly brighten up the ambiance of a room. It may seem counter-intuitive to paint an old home, but it can do wonders for its appearance.
Replacing outdated appliances, worn flooring, cabinets, and countertops can significantly influence buyers with reasonably low investments. A new kitchen is a major investment, but many homeowners underestimate the power of small improvements.
Choosing not to make these changes before listing on the market is another mistake homeowners make when selling a house in Los Angeles. Buyers are looking for homes that are move-in ready, and buyers will consider anything less as a bargain buy, no matter what your price. Working with a professional buyer like those at Jennifer Buys Houses means you won’t even have to clean up,
Failure to inspect before listing your house on the market is another mistake homeowners make when selling a house in Los Angeles. When you list before the inspection, you should be aware you’re legally on the hook when disclosing any known or unknown issues.
Homebuyers are often faced with a difficult decision when they decide to list their home before the inspection. If you list before the inspection, you’re legally on the hook for disclosing any known or unknown defects. This is why it’s important to be aware of your legal responsibility when listing a home before having an inspection done.
You may be deep into negotiations only to face weeks or even months of delays while completing any repairs, or the deal may be lost altogether when your buyers find another house and walk away. If you prefer to skip all the updates and go straight to escrow, a professional buyer like those at Jennifer Buys Houses will buy your home as-is, and your closing date is guaranteed.
High holding costs and sales costs
Unfortunately, many sellers are unaware of the cash needed before the home sells is another mistake homeowners make when selling a house in Los Angeles. Having a clear picture of the expenses you may be facing will put you in the position to handle your situation instead of being caught by surprise.
Some of these expenses are unknown repairs, monthly bills while holding the property during the listing or repair work, real estate commissions, professional photography, marketing, and staging. An experienced investor like those at Jennifer Buys Houses will detail the profit you’d earn after the expenses of listing against our offer, so you can decide for yourself.
Jennifer Buys Houses makes it easy to sell your house fast for cash. Why make any of the 5 mistakes homeowners make when selling a house in Los Angeles when you can start right by calling Jennifer Buys Houses at (424) 242-9304 or sending us a message today!