At Angeleno Real estate we understand how valuable of an investment your home is, not just monetarily, but also with the memories you have built with it. Whether you are upsizing or downsizing your home you can trust that we will make the most out of your investment for you to meet your goals whether it be financially, relocation purposes, and what have you.
We will survey the surrounding comps, and market conditions, to provide a critical analysis of the data in the area in terms of how many homes are being listed, what is the average days on the market, what are the listing prices, what are the features/benefits of the surrounding homes, listing price vs sold price, and many more factors.
Now with all the factors that we were able to compile while analyzing the market we can brainstorm on what exactly should be our target price and how we will achieve that. We will take into heavy consideration the market conditions, factors in the surrounding comps, and your overall goals.
Now when getting ready to go on the market and getting ready to do all the marketing work, there will be a few things to consider. You will need to store any personal items such as family photos/portraits for privacy reasons and any valuables or family heirlooms. Aside from this if you are not occupying the property you might want to consider staging the home to give potential buyers a picture what the home looks like with furnishings to draw more attention and desire to the home instead of just having the home completely vacant. If you are occupying home is there any furniture pieces or any other items within the home that could potentially draw attention away from the home itself? If so, you may want to consider storing those items or replacing them with staged furniture instead. If you’d like to go more in depth with this connect with us and we would be more than happy to chat about it!
Open Houses are primetime to get buyers through the doors of your home and generate interest with potential offers! Open Houses will traditionally be held during the middle of the day on the weekends where most people are not working and have the time available to house hunt. Open Houses are important in capturing a sample size of interest in your home and the different points of view of what buyers are perceiving from your home. Now with this data we can change our selling strategy to either enhance our chances of getting a quicker sale that aligns with your goals or if no change is needed we will stay the course!
Depending on the number of Offers you receive we can adjust our strategy. Hypothetically, if we receive something such as 50 offers, then we should adjust our pricing to retain the buyers with the most competitive offers. Now on the other hand, if we do not land as many offers as expected then, we will review our strategy in terms of pricing, marketing, and buyer retention.
Yes! We have now entered Escrow and are officially on the path to the sale of your home. Just as a refresher, Escrow is the third-party service that handles the funds of both parties and ensures that the Residential Purchase Agreement (RPA) terms and conditions are being met for the sake of your home.
When the Buyers are going through their inspections we might need to negotiate if they send a request for repairs. Now there are many scenarios that could possibly take place if the buyer does submit a request for repairs. They could either request a credit so that they may take care of the repairs on their side or they may ask you the seller to repair the item in question before the close of the escrow. These are two common examples, but as I have said there are many scenarios that we may look over once we get in touch.
This is possibly one of the most exciting steps of the whole process. Loan funding is the transfer of money to close the purchase! This means you are almost at the finish line! This usually occurs a few days before the closing date once all funding conditions of the lender have been met and all paperwork in accordance with the lender has been signed.
Congratulations! You’ve made it through the selling process! During closing, the lender will transfer to the funds to you and the loan will be initiated on the buyer’s end! It will be time to bring out the champagne! Congratulations!