Selling a house in Los Angeles can be a big task that can benefit greatly from hiring a qualified and experienced real estate agent. To give you an idea of what an agent can do for you, take a look at these 5 things your agent is responsible for when selling a house in Los Angeles.
The first step to getting your home listing noticed is to set a realistic price.
Nothing will bring in potential buyers quite like an asking price that’s right on the money. The average buyer will also begin their search under the assumption that any asking price is negotiable, and your agent is well aware of that.
Your agent will take the value of homes in your neighborhood, especially those that have sold recently, into account to help figure out where to price your home. This is referred to as neighborhood comp – or neighborhood comparable sale – and goes a long way to create a realistic price range when getting ready to sell.
Some homeowners quickly learn the difficult lesson that oftentimes the price of your home is more about the price of the surrounding homes.
An experienced and connected real estate agent will have a bag of tricks from which to pull in order to get the word out about your for sale listing.
These days this means leveraging technology to a greater degree than in the past. It’s common for individuals to share home listings that are attractive or priced well with one another through social media, particularly if an individual knows someone else looking to buy.
Besides social media, your agent may have contacts to spice up your listing with a set of professional photos, or even a 3D virtual tour.
Providing a tour on your listing can go a long way to help interested parties get a good idea of the floor plan and available space before they set foot on the property.
One big task your agent takes off your plate when selling a house in Los Angeles is communicating between you and any possible buyers and their respective agents.
This frees you up to focus on the details of any offers as they start coming in, and it allows your agent to work some of their magic in the background with other agents. Your agent communicates on your behalf and brings the important points to your attention in order to get your house sold the right way.
Vet Interested Buyers
All buyers are not created equal, and your agent knows what to look for in order to determine which offer is both realistic and provides you the most gain when selling a house in Los Angeles.
Agents take into consideration not just the money involved in an offer but any contingencies, financing, and letters of intent from each and every buyer that approaches them. For instance, your agent can help you avoid someone who may have given you a great offer but lacks the financing to take that offer and make it a reality for you.
Quite often, buyers and sellers will view their agent as someone who accomplishes very little in order to get paid a lot.
It turns out an agent is working strange hours that accommodate your schedule seven days a week, and how much they make from a transaction is completely dependent on them getting you the best possible deal.
Since an agent’s commission is so closely tied to your goals, you can count on them to not only have your back but to professionally push to get you what they feel is reasonable.