- As a result of technological innovation and economic trends, Los Angeles real estate landscape is creating opportunities for buying and selling property
- Today, homes owners have many different ways to sell their property and cash out their home equity
- Out of three available ways, consider a professional direct buyer such as Fair Sale Homes to educate and support you along the way
It’s 2023, and selling a house looks a lot different than it did just a few years ago. With emerging technologies, innovative solutions, and a changed market after COVID-19, home sellers in Los Angeles have more options than ever when it’s time to sell a house. Have many options is a good thing for home sellers. In this sellers’ market, with so many people vying for your property in Los Angeles, you should know a few things before selling. Keep reading as we break down three things you need to know about selling your house in Los Angeles in 2023.
You Don’t Need to Hire an Agent to Help You Sell Your House
Hiring a real estate agent in Los Angeles can be highly beneficial, but only when dealing with simple situations and move-in-ready homes. Homeowners dealing with a difficult property or situation may have better luck with a direct sale to a reputable company or private buyer.
Before signing a listing contract, consider some of the downsides of hiring an agent and how they will impact you…
- Commissions can cost thousands if your property does end up selling
- You will have to deal with property showings and new people coming into your home
- You will need to stage and photograph the home, ensuring it stands out from other properties on the market
- There is no guaranteed sale date, you could be waiting for a long time to find a qualified buyer and all the while you will have to pay taxes, insurance, maintenance costs, and possibly an expensive mortgage payment
- Your sale can fall through at the last minute because of a low appraisal, leaving you stuck with the property
- Closing costs can be expensive, in many cases about 2-3% of the final sale price
- You may be on the hook for repairs after the inspection period
- It can take a while for the closing to occur, resulting in thousands of dollars wasted on holding costs while you are still listed as the property owner
- A delayed closing can end up costing you – you may miss out on a property you really want because you weren’t able to sell the one you have in time
While the process can work for some homeowners, others are better off saving time and money with a direct sale. When you work with our team, you can avoid all of the costs and hassles listed above. Fair Sale Homes is working with homeowners throughout the Los Angeles area and is happy to make you a fair, no-obligation offer for your property no matter the condition or situation.
Beware of Out of Town Buyers
While many homeowners turn to the Internet and newly operating iBuyers, this solution doesn’t typically produce the results that home sellers are after. Often times, the person on the phone is not looking to understand the goals of the home seller. iBuyers have sales quotas to meet, which is why their offers are typically so far below market value. Many of these buyers are not from the Los Angeles area, and are not able to accurately put together a fair offer.
Avoid Accepting Offers to Buy Your House, Over Text
Just like phone calls, emails, and letters, texting is an important part of the communication channel when selling your house. However, be very careful taking a final offer simply over text message.
There are countless stories of buyers receiving offers on their home over text, with very little follow-up from the person texting on the other end. If you receive a text and are interested in what an offer might be, request to speak over the phone and move to asking the questions below. In addition
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Questions to Ask Home Buyers/Investors Who Contact You Via Phone
- Where is your corporate office?
- Can you send me a business card and link to your company website?
- Do you buy houses in my city? In what neighborhood do you buy houses?
- If you make an offer to buy my house, will you write it up and send it to me?
- How can you commit to an offer if you have not inspected my house physically?
- Do you have experience and expertise with local laws in my city of Los Angeles?
- When you buy houses in Los Angeles, what are your plans with the house?
- Can you provide me a prior customer recommendation and contact?
- Can you send me a link to your website that includes your photo?
- Can you send me a link to your customer reviews?
Many out of town buyers are solely looking for profits, while Fair Sale Homes is more interested in helping people with difficult properties and situations. Our team is made up of locals who truly care about the community of Los Angeles. Our offers are always honest, fair, and designed to help homeowners when they need it most.
You Can Sell Without Spending
When a home owner thinks “how do I sell my house in Los Angeles“, they typically start a search for a real estate agent which can be a very good option if the property is in decent condition and the seller is okay with the timeframe that it takes to work with an agent to find qualified buyers. However, if the the home is not in great condition, there is a better way to sell the house.
Did you know that there is a simpler way to sell your house in Los Angeles? When you work with Fair Sale Homes, you will be able to sell your house directly. You get to bypass the steps to market, stage, or show the home. In addition, you will not have to repair the property or wait around to find a qualified buyer. When listing your house in Los Angeles, the costs can add up fast. But you can avoid all of them with a fast and direct sale of your Los Angeles home. Our process makes selling simple so that you can put more money in your pocket, while quickly walking away from the house once and for all. We make it easy for you to sell your house in Los Angeles without having to spend any money whatsoever.
There May Be A Better Option for You….
Selling your house in Los Angeles doesn’t have to be stressful, expensive, or time-consuming. Fair Sale Homes will help you analyze your property and situation so that you can make the choice that is best for your property and situation. You will receive an offer right away, without any hassle, cost, or obligation. It’s a simple solution for homeowners in Los Angeles who don’t have the time, money, or energy for the traditional listing process.
Give us a call or send us a message to learn more about what our team can do for you! There is never any cost, obligation, or commitment. We are happy to answer any questions you have about selling your house in Los Angeles and will happily provide you with all the data you need. (626) 863-7006