How To Sell Your Home In Los Angeles

Switching homes or moving away from your city is never easy — emotionally, financially, and logistically! 

From saying goodbye to all the memories to negotiating a reasonable price, there’s a lot going all at the same time. But when you are ready to sell your Los Angeles house or Santa Monica estate, it’s important you get everything right.

Here are a few aspects you should consider to go through with the sale seamlessly and get the best value for your home in the busy Los Angeles real estate market.

Hiring A Good Real Estate Agent

With all the complex and tedious processes involved in real estate, it always helps to have an experienced realtor on your side who understands the house market in Los Angeles. 

A real estate agent can facilitate your documentation procedure, home inspection requirement, and most importantly, negotiate the best price for you. 

Preparing the Paperwork 

Getting the paperwork ready is probably the most boring, yet necessary part of any real estate endeavor. After all, your sale is only complete when you hand over the property papers to the buyer!

The state of California requires the following documents from home-sellers in LA:

  • Contract

  • Transfer Disclosure Statement

  • Preliminary Title Report

  • Certificate of Compliance

  • Occupancy Certificate

  • Tax and Appraisal Reports

  • Mortgage Documents

Your chosen realtor can help you ensure all legal formalities are fulfilled.

Home Inspection Before Listing

Before any buyer makes a final offer for your home, they will have a home inspection scheduled to identify any repair work required. This can have a significant impact on the value of your Los Angeles house or Santa Monica estate.

Thus, it’s better if you call on a home inspector before you list your property in the Los Angeles real estate market and fix any problems relating to plumbing, paint, (etc.) around the house.

It will also make your home more presentable when you conduct an initial open house for interested buyers; thus setting your property apart in the competitive Los Angeles real estate market.

Setting A Fair Price

What is a fair price for your home? 

It’s a value that’s high enough to earn you a decent return but simultaneously attractive to the buyer. 

You can explore the neighborhood around your Los Angeles house and gauge what the prevailing house prices are. To give you an idea, the median home price in LA is $950k and most homes sell at listing price within 2 months

Thus, the house market in Los Angeles and real estate in Santa Monica is fairly balanced, and if you set the right price, buyers are sure to come rolling in. 

Takeaway

Ready to bid farewell to your Los Angeles house? Follow these steps and have a qualified real estate agent to guide you along the way.

Not only will you get the best price but your house will also be off the market in no time!

Isn’t that just what you want?