10 Mistakes Los Angeles Home Sellers Can Avoid

10 Mistakes Los Angeles Home Sellers Can Avoid

Are you ready to sell your house in Los Angeles? You’ll probably have to make a lot of decisions along the way. Learn more about the mistakes home sellers can avoid before selling their house in Los Angeles!

There are many things to consider when selling your house. Sellers often make the same mistakes, but there are ways to avoid them. The first step is to know what they are!

#1 – Not exploring options

You don’t need to list your Los Angeles house to sell it. You can choose to sell it yourself, either in the traditional buyer’s market or directly to an investor or professional property buyer. What works for one real estate agent may not work for you. Before you call an agent, see what’s available! Researching the options will ensure you get the optimal result.

#2 – Incorrect pricing

If you decide to list your house, one of the biggest mistakes you can make is to price it too high. Many sellers have too high a price in their head, trying to get as much as possible without considering what a realistic selling price would be. Some agents will advise you to rank high so they can convince you to sign with them while they try to get a higher commission.

#3 – Don’t clear your personal belongings

Imagine you are looking at a property. You wouldn’t want to see someone’s vitamins on the table, family photos everywhere, or a pile of mail on the counter. Seeing messy personal belongings can make people feel very uncomfortable. They should be able to imagine themselves in the house and not feel like they are intruding on someone else’s space. Many people will pack up everything but the essentials and leave it in storage until the house is sold.

#4 – Not all costs are considered

If you decide to list your house in Los Angeles, there are any costs to consider. There are not only agent commissions, but also agent fees, administrative costs, marketing costs, listing fees, closing costs and more.

#5 – You don’t make necessary repairs

If you don’t do some things up front, it will cost you later. After your buyer has done an inspection, they will often ask for a number of things to be fixed. You may be dazzled by the number of repairs your house needs. Some sellers choose to do their own due diligence before listing so they have an idea of ​​what they’re in for. Taking care of problems up front will save you time and money down the road.

#6 – Not disclosing items in advance

These items will come back to bite you. Either at the inspection or when the new owner sues you. By law, you must disclose what you know about the property.

#7 – Do not store items for pets and children

Although children and pets are wonderful, not everyone has them. Some people will feel a little uncomfortable if there are chew toys on the sofa or legos all over the floor. Remember, the experience is for them. Make the areas feel neutral but welcoming.

#8 – Don’t leave personal feelings aside

It’s a business. If someone comes to look at your house and you hear them say they want to take out the garden to add a deck, don’t get too worked up if they plan to pay you the price you want. Although you may feel a little sad, this is a business and missing out on a qualified buyer because of something small can be a huge mistake.

#9 – Hiring a bad agent

It can be easy to hire the wrong agent. Some are full of charm and are great salespeople. This is great when they are trying to sell your house, but they also use this charm to get you to sign with them. Make sure they don’t make false promises or only worry about their commission. You can look at reviews, but it’s best to hear first-hand experiences from people you know and trust. You also just won’t click with everyone. You may find that working with the best agent in town can be incredibly stressful.

#10 – You have no game plan

Selling your home can be a stressful time, but it doesn’t have to be. Having a game plan will help you get through the process unscathed. Generally speaking, if your property is in very good condition and you can wait months to sell it, listing with a realtor is the best plan. If, on the other hand, your property is in distress and you need to sell quickly, selling to an investor or professional home buyer is usually the best option.

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