Worst case scenario 🔥 🔥 🔥...
.
You close escrow tomorrow on your home.
.
The buyer politely asks if she can have the keys today so she can start to bring over a few personal items.
.
You give her the keys.
.
She shows up, forgets to turn off the stove after cooking a gooey grilled cheese sandwich, and the house ends up burning down.
.
Guess what!
.
Your house burned down, not hers!
.
It's not her house until tomorrow, remember.
.
She now backs out of the deal at the last second and you are now left with a pile of ashes.
.
DON'T GIVE THE KEYS TO YOUR HOME TO THE NEW BUYER UNTIL AFTER ESCROW IS OFFICIALLY CLOSED AND THE TITLE OF THE PROPERTY IS IN THE NEW BUYERS NAME. 🔥 🔥 🔥
Episode 14 of The #AskDanielLosAngeles Show
In episode 14 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) The buyers asked if they could start moving in to my house the day before we close escrow. What do you think? Should we let them?
2) I talked to a couple of different real estate agents and they all had different opinions on what my home is worth. Who do I believe?
3) Do you have cash buyers? I want to sell my home fast, as is condition, and to a cash buyer.
4) I called 7 agents to help me find a house for rent. I received 0 calls back. why don’t real estate agents want to help me find a place to rent.
We have over 8,500 followers on Instagram... come join us! @DanielLosAngeles Thank you for your attention!
Is being a real estate agent hard?
Thank you, thank you, thank you, to all my friends and clients who send me referrals! It's because of you that my business continues to grow!
You control what your house looks like at showings and open houses
What do you think will sell faster and for more money?
.
A used car that has been cleaned inside and out and has a nice wax job... or the same car but dirty with bird crap all over it and fast food wrappers in the back seat?
.
Obviously the clean car!
.
Take pride in your home and get it cleaned before your very first showing.
.
You are the only one who can control that aspect of the sale.
We have lots of showings, but no offers. Why?
It's been 2 weeks. You have had a ton of showings, but no offers.... what's going on? . The good news is that your marketing is working. Buyers are walking in your front door (lets not minimize how difficult this task is). . The bad news is that by not putting in a offer, the buyers are telling you non verbally that your asking price is to high. . In other words, whatever you are offering is not worth your asking price, so they simply pass on it. . If you are in this situation, it's time to reevaluate your pricing strategy.
If you have a lot of showings for your home, but no offers, your priced too high
It's been 2 weeks. You have had a ton of showings, but no offers.... what's going on?
.
The good news is that your marketing is working. Buyers are walking in your front door (lets not minimize how difficult this task is).
.
The bad news is that by not putting in a offer, the buyers are telling you non verbally that your asking price is to high.
.
In other words, whatever you are offering is not worth your asking price, so they simply pass on it.
.
If you are in this situation, it's time to reevaluate your pricing strategy.
How can I become your real estate agent?
If I have brought you any value through my content, please take the time to give my your thoughts. Insights@ContempoRealtors.com
Thank you!
How can I raise my credit score in 6 months?
Do you think this hack is worth the time you have to invest into it?
This is the only free way I know of that can raise your credit score.
Your credit score can be raised by fixing any errors your creditors have made on your credit report
5 STEPS TO A BETTER CREDIT SCORE
.
Step 1) 🤓Order your credit report
.
Step 2) 🤔Look for any mistakes a creditor has made. For example, does your credit report show that you still have a old outstanding bill with Nordstrom for $142? Do you remember paying off this bill and you have a receipt to prove it? Good!
.
Step 3) 😫Call your creditor tell them you paid that bill and that you can send them proof.
.
Step 4) 🤔Wait 6 months and order another report. Does this new report reflect all the corrections you made with your creditors? Good! You should also see your improved credit score. I have seen some peoples score go up 100 point just off of this tactic.
.
Step 5) 🤗Enjoy your higher credit score and send @DanielLosAngeles a delicious #keto friendly dessert.
What is the significance of a "pre-approval" letter?
The buyer doesn't want to submit a pre approval letter? Forget it! Find another buyer.
If the buyer for your home does not want to submit a loan pre approval letter, find another buyer
Before you even begin negotiations with a home buyer, you need to know if they can get a loan to purchase your home.
.
Otherwise it can all be a big waste of time.
.
Get a letter from the buyers lender saying that all the buyers financials have been checked out and they they are pre approved for a loan for "X" amount of money.
.
If the buyer does not want to give you this letter... show them the door!
You ask real estate questions and I answer them
In episode 13 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) I believe the buyer for my home can back out if they can't get a loan. How can I avoid this from happening?
2) My credit score is pretty low. How can I raise it?
3) My home is on the market and we are getting a lot of showings, but no offers. What's up with that?
4) Is being a real estate agent hard? I might get my license soon.
Text me any real estate questions you may have at 818-445-7953 and I will answer it on the show!
The best Burbank fixer upper to sell this week
Want to know what fixer upper properties in Burbank are selling for? This property is a good example. . Here is my favorite fixer in Burbank to sell this week.
You find the buyer for your home, we write up the contract and walk it through escrow for you. Pay just 1% commission.
Did you know you have to pay your real estate agent a full 6% commission fee to sell your home... even if you found the buyer yourself?
.
We don't think that's very fair!
.
Here is the deal... YOU find the buyer and there is no other agent involved. We write the contract and walk it through escrow for you. Our commission is 1%.
.
Click the Flexible Commission Listing link above for full details.
The best Granada Hills home to sell this week
Would you live in Granada Hills?
This huge lot home was my favorite Granada Hills home to sell this week.