L.A. real estate news and insights.
Ask your real estate agent to give you the exact number of views your listing is receiving on Zillow, Redfin, Facebook, Instagram, Realtor.com, etc.
Also, you can ask to see how the listing is performing each day.
Are your views going up or down?
Why does your listing perform better on some days versus others?
You need to be on top of your statistics because your real estate agent might not be.
I would hope your agent would voluntarily offer up some performance data on your listing.
But if she doesn't, tell her you want to see your listing's online view count for #Facebook, #Instagram, #Zillow, #Redfin, #Realtor.com, etc.
What?!
She doesn't know how to find those numbers?!
Wait?!
She doesn't have an Instagram ad running?!
That's a major problem you need to address IMMEDIATELY!
Asking Price: $1,375,500
Selling Price: $1,330,000
There were 8 single family home sales in #Burbank in the last 7 days.
Price per square foot of those 8 homes ranged from $375 per sq ft all the way to $800 per sq ft.
This video is showing you the property that sold for the cheapest price per square foot.
On this episode, I answer the following four real estate questions:
1) How many online views should my home's listing be getting?
2) If we get a general inspection done on our house before we put it on the market, will the buyer still want to inspect the home with their own inspector?
3) What are condo reserves?
4) I'm a really private person and don't want my neighbors to know that I am selling my home. Do I have to put a for sale sign in my front yard?
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Asking Price: $760,000
I'm sure #Grandma loved living at this home... but now it’s ready for a facelift.
This is my favorite home that's for sale right now in the San Fernando Valley.
Asking Price: $38,750,000
Selling Price: $34,650,000
This property is straight out of a #JamesBond movie!
Fun Fact: This property was last sold in 2011 for $8,300,000.
Asking Price: $560,000
If you were to buy a condo on any street in the Valley, Benefit St. is the one you want to be on.
This street is up against all the multi-million dollar homes in Sherman Oaks, and as an extra bonus, it's a 2 minute walk to Ventura Blvd. where all the trendy shops and restaurant are.
This property is available now and is my favorite condo on the market this week.
As the home seller, you have to sign/date the buyer’s purchase contract and have your agent send it back to the buyer’s agent.
Once your agent hits the send button on that email, that's it, you have a fully executed contract.
Let escrow begin!
Let's say everything goes perfectly... you get an offer on your home, you love everything about the offer, and want to accept it as it is.
When you sign the contract, date it, and send it back to the buyer, that is when you have a fully executed contract.
Now that the contract is complete, escrow begins, and the buyer's contingency periods start.
I can be reached directly at 818-445-7953.
Thank you.
In the MLS private remarks, your agent can write that the property is sold in as-is condition.
By doing this, he is making sure all the other agents know up front what the rules are.
I have overheard buyers say that the home "probably has earthquake damage" after seeing a small crack in the plaster.
This is a simple cosmetic fix.
A handyman could have put on a little drywall, sand it down, and do some touch up paint, all for a very small fee.
But because you didn't, some buyers will literally think your home is collapsing and will pass on buying your home.
Do a walkthrough of your property with a handyman and point out all the little things you want repaired BEFORE your home hits the market.
You will sell faster and for money by doing this easy strategy.
If you find a bank owned property, it will most likely be sold in as-is condition.
That means that if you find that the home has a cracked foundation, the bank will not do any repairs or credit you the cost of repairs.
You simply buy it the way it is or you don't buy it.
The terms under which you have to buy a bank owned property can scare a lot of buyers away.
Back in 2009 and 2010, bank owned properties and short sales made up about 50% of the market.
These days, you rarely come across a bank owned property.
And when you do, there is nothing special about them.
They are not heavily discounted like they used to be.
So if you find one, be prepared to pay fair market value.
