Beverly Grove, 90048

 … [more]

Beverly Grove, 90048 Beverly Grove, 90048

Beverlywood, 90035

   … [more]

Beverlywood, 90035   Beverlywood, 90035

Hancock Park, 90036

 … [more]

Hancock Park, 90036 Hancock Park, 90036

Beverly Hills, 90211

 … [more]

Beverly Hills, 90211 Beverly Hills, 90211

What You Need to Know About Your Listing Agent

questions-which-you-must-ask-your-real-estate-agent-1-638Are you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of selling. A great agent is always worth more than the commission they charge just like a great doctor or great accountant.

 Real estate agents are key to buying or selling a home, but not all agents are created equal.You want to deal with one of the best agents in your marketplace. To do this, you must be able to distinguish the average agent from the great one. Having a good rapport and feeling comfortable with the agent is imperative since you’ll have to disclose personal information, like your wish list, finances and timelines. “If you don’t get along with this person and don’t like their style, no matter how good they are, it’s a long process and you want to have a good working relationship with your realtor

Here are the top 5 demands to make of your Real Estate Agent when selling your house:

1. Tell the truth about the price

Too many agents just take the listing at any price and then try to the ‘work the seller’ for a price correction later. Demand that the agent prove to you that they have a belief in the price they are suggesting. Make them show you their plan to sell the house at that price – TWICE! Every house in today’s market must be sold two times – first to a buyer and then to the bank.

The second sale may be more difficult than the first. The residential appraisal process has gotten tougher. Surveys show that there was a challenge with the appraisal on almost 20% of all residential real estate transactions. It has become more difficult to get the banks to agree on the contract price. A red flag should be raised if your agent is not discussing this with you at the time of the listing.

2. Understand the timetable with which your family is dealing

You will be moving your family to a new home. Whether the move revolves around the start of a new school year or the start of a new job, you will be trying to put the move to a plan.

This can be very emotionally draining. Demand from your agent an appreciation for the timetables you are setting. Your agent cannot pick the exact date of your move, but they should exert any influence they can, to make it work. 

3. Remove as many of the challenges as possible

It is imperative that your agent knows how to handle the challenges that will arise. An agent’s ability to negotiate is critical in this market.

Remember: If you have an agent who was weak negotiating with you on the parts of the listing contract that were most important to them and their family (commission, length, etc.), don’t expect them to turn into a super hero when they are negotiating for you and your family with the buyer.

4. Can I talk to your three most recent clients?

Talking directly with former clients will give you a better understanding of an agent’s style. Ask whether an agent’s clients are mostly from referrals or repeat business — it’s a sign that clients have had good experiences with the agent.

 5. Get the house SOLD!

There is a reason you are putting yourself and your family through the process of moving.

You are moving on with your life in some way. The reason is important or you wouldn’t be dealing with the headaches and challenges that come along with selling. Do not allow your agent to forget these motivations. Constantly remind them that selling the house is why you hired them. Make sure that they don’t worry about your feelings more than they worry about your family. If they discover something needs to be done to attain your goal (i.e. price correction, repair, removing clutter), insist they have the courage to inform you.

How Do I Increase My Home Value? 7 Tips

home improvements

A common question sellers ask is “What can I do to get the maximum selling price on my home?” Since each home and every market is different, we, as your real estate professionals, can give you specific advice on your home. In general, however, if you’re willing to spend a little bit on some minor upgrades, a higher return on your investment can be significant.

If you have a little money to spend, the

Continue reading…

7 Mistakes to Avoid When Selling Your Home

Print

When you prepare to put your home on the market, you hope that everything will go the way you imagine and that is your home will sell for over listing price the very first day it goes on the market. The reality isn’t so rosy. Selling your home – especially if you’ve never done it before – can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your

Continue reading…

Los Angeles High End Home Sales Surging

Luxury-Los-Angeles-Real-Estate-For-Sale

By most measures, the housing market these days is a bit sluggish. Prices are flat. Sales are drooping. A lot of people are priced out.

But not everyone. The high end is hopping.

Luxury home prices in Los Angeles continued to soar in the third quarter, posting five straight quarters of double-digit gains, boosted by low interest rates and tight inventory, according to a survey by First Republic Bank.

Luxury home sales in Southern California

Continue reading…

6 Reasons to Buy a House Right Now

best-time-to-buy-a-home

The down payment-interest rate-economic factors-qualification variables can be so confusing. Rising rates, loosening requirements, down payment options, buyer’s markets, seller’s markets – what does it all mean to you if you want to buy a home? The truth is that while the banks might have a magical formula to determine your mortgage-worthiness, determining if the time is right really comes down to three main questions:

Do you want to buy a home? Are you financially

Continue reading…