Sellers

Special offer to all Home Sellers in the Northeast Los Angeles Area.

I will now reimburse you for the Home Warranty Plan that you will provide to the buyer when in escrow. Please contact me for details!

Selling Your Home

What is your home’s realistic value in today’s market?

Bringing the most money for your home is the goal.

The value of your home will be one of the critical factors that you’ll consider when determining a true competitive list price.

Please contact me for information on how to really sell – not just list - your home today. Receive a no obligation comparative market analysis by simply advising me of the address and your home’s special features.

Overpricing interferes with the goal to sell your home for its true value

Pricing is the most important aspect of marketing your home. If it is not priced right, it will not sell. Many potential buyers will not even look at the property if they believe it is out of their price range, and the buyers who do look are often comparison shopping, and looking at your home may convince them to make an offer on another home.

  • Since an appraisal is required when new financing is involved, it is not good to price a property for more than it’s worth.
  • Properties left on the market for an extended period of time become worn, causing many agents and buyers to believe that something is wrong.
  • Overpricing will usually dampen the buyer’s agent’s attitude, making it less likely to be shown.
  • Overpricing also lengthens market time with negative exposure.

Overall, overpricing the home does not benefit you, the seller; it only serves to waste your time and money. Beware of agents that will overprice your property simply to get it listed.

More Tips for Sellers

Seller Plan Of Action

1. Schedule and complete a Termite Inspection
2. Complete the Transfer Disclosure Form
3. Complete the Seller Questionnaire
4. Improve curb appeal for positive first impression
5. Remove clutter in your home (Read How to Create Space)
6. Secure valuables and medications prior to showing

Create Space: Don´t Just Show Your Home – Show It Off!

Buyers buy on emotion, not rationale. A motivated seller will do everything possible to promote the home’s strong points. Here are some ways you can make your home more presentable.

  • Get rid of clutter; clean everything down to the switch plates, and create a ‘neutral’ space that buyers can picture themselves living in.
  • Pack clothing not being used in closets and place extra furniture in storage.
  • Take the furthest corner and put something there such as a flowering plant to draw the eye.
  • Make sure window coverings are sheer or are pulled back to bring more light in. Brighter rooms look bigger and more inviting.
  • Scale the furniture to fit the size of the room and don’t block walking pathways having too much furniture will make any room look smaller.
  • Remove most personal photos to de-personalize a room, and it also helps reduce clutter in small rooms.

Kitchens

The kitchen is the heart of the home. If the kitchen is dated, update it with new cabinet hardware or if possible paint it. That will give it a more open, clean look. Try not to have the coffee maker, mixer, and toaster etc. all out at the same time or people will think there’s not enough space.

Bathrooms

A great bathroom space is another very important factor to any home.

  • Shower curtains aren’t always to everyone’s taste, so pull the curtains back to maximize the view of the tub.
  • If your eyes can see all the way to the back of the tub instead of stopping at the shower curtains, the bathroom will appear bigger to buyers.
  • If you don’t have glass shower doors, choose a light-colored or transparent shower curtain to make the room brighter and seem larger.
  • Remove all area rugs to create the illusion of greater space.
  • Remove covers on the toilet seat and rugs.

Estimating Sellers Closing Costs

  • Real estate commission
  • ½ of escrow fee
  • Document preparation fee for the Deed
  • Documentary transfer tax (55 cents per $500 of consideration, exclusive of the value of any lien or encumbrances attaching to the property at time of sale)
  • Any city transfer/conveyance tax (according to the contract)
  • Payoff of all loans in seller’s name (or existing loan balance if being assumed by buyer)
  • Interest accrued to lender being paid off, statement fees, reconveyance fees and any prepayment penalties
  • Termite work (according to contract)
  • Home warranty (according to contract)
  • Any judgments, tax liens, etc., against the seller
  • Tax proration (for any unpaid taxes at the time of transfer of title)
  • Any unpaid homeowners association dues if applicable
  • Recording charges to clear all documents of record against seller
  • Any bonds or assessment (according to contract)
  • Any and all delinquent taxes
  • Notary fees
  • Title insurance premium (Owner’s Policy)

Questions?

I am here to help you make better, more informed decisions regarding the sale of your home. Please contact me today to assist you in this transition.