Compared to selling prices in the rest of the San Fernando Valley, this looks cheap!
How can I guarantee that my home appraisal doesn't come in low?
. Here are the top 3 ways to get the highest appraisal possible:
. #1 Clean your home like you are having your entire family over for Thanksgiving dinner. The appraiser will see that it is a well kept home.
. #2 Put together a list of all the improvements you have made to your property over the years. Give that list to your agent, and she will give it to the appraiser.
. Those 2 items will leave a huge impression on your appraiser.
. The 3rd is a bit more complex and will have to be discussed in another video...
To sell your home for top dollar, have your house cleaned as if you are having everyone over for Thanksgiving dinner
If you are preparing your house for showings or even for the appraisers visit, your home needs to be spotless.
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Clean it as if your entire judgy family will be coming over for Thanksgiving dinner and judging every little thing you have done to your home.
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Clean, clean, clean... if you want top dollar for your home.
What are some comments you hear when showing a property?
What are some of the weirdest things you have heard home buyers say on a reality TV show or in real life? Let me know in the comments...
With our Flexible Commission Listing, you have complete flexibility... from "Full Service" to "Do It Yourself"
Most brokers will charge you the same commission fee no matter how your home sells... even if you find the buyer.
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With the Flexible Commission Listing you have complete flexibility, from "Full Service" to "Do It Yourself".
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When you are ready to talk about selling your home, contact our office by phone or text at (818) 860-1790.
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FlexibleCommissionListing.com for more info.
Probate Sale Vs. Trust Sale
. Here is what happens when you put your home in a Trust...
. A Trust lawyer will give you a form to fill out. On this form you will add general info like who is in charge of your Trust, what properties are part of the Trust, what stocks and bond are part of the Trust and a few other extremely important items.
. The lawyer then types up all that info into a Trust. . You go down to the lawyer's office with the person you assigned to be in charge of the Trust and sign the forms in front of a notary.
. Poof!
. All of your properties (along with other important items) are now in a Trust! It's pretty easy and not very time consuming.
Put your home in a trust before it's too late
If you don't put your home in a Trust, and you die, the home goes to Probate... in other words the state takes over your home instead of your family.
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You don't want that, right?
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A trust will cost you about $900 to set up, but will save your family thousands and thousands and thousands of dollars by avoiding the lawyers they would have to get when dealing with a probate.
To see what your home is worth you have to run the comps.
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That means you need to research all the comparable properties that have sold in the area to help determine what your property is worth.
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Only look at sold homes within 1/2 a mile, have similar living square footage, and lot size.
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Then look at pictures to compare the condition of the home.
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Finally, look at those homes selling prices.
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That will give you a rough estimate as to what your home is worth.
Episode 15 of The #AskDanielLosAngeles Show
In episode 15 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) How can I figure out how much my home is worth?
2) Whats the difference between a probate sale and a trust sale?
3) What are some of the weirdest things you have heard buyers say when taking a tour of one of your listings?
4) The buyer for my home needs to get an appraisal done on my property. How can I make sure it doesn't come in low?
We have over 9,500 followers on Instagram... come join us! @DanielLosAngeles
Paint the interior of your home for $5K, or be prepared to get offered $15K less
The dollar amount to paint your home may be a little different, but the fact remains that buyers always overestimate the costs of repairs.
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You are better off doing the paint job before you put your home on the market and getting top dollar for your home.
Over pricing your home never wins
If you overprice your home, no one will come to take a tour.
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No tours mean no offers.
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No offers means your home will sit on the market for months.
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Then what?
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Do you take it off the market and try again in a few months?
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Do you lower your asking price?
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Either way, you lose.
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Get it done the first time. Be realistic about what your home is worth. Base the price off of market data.
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Get a lot of showings.
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Get multiple offers.
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Win.
Multiple offers on your home always leads to more money in your pocket
The old strategy was to price your home a little high so that you have negotiating room. Although that might work sometimes, this idea is all but dead.
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With websites like Zillow and Trulia, technology has changed the game.
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Home buyers are searching "up to" what they can afford. So if their budget is $800K, their saved search in Zillow is set so that they get a notification when a home $800K and lower hits the market.
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So if you priced your home at $825K with a strategy of having negotiating room, you lose.
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You lose because your home will never come up in a $800k home buyers search and they will never get a email notification from Zillow. In other words, your home doesn’t exist.
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What will happen is that you will stay on the market for 30 days... then drop your price to $800K. NOW you show up in their searches. But by that time your listing looks old and stale.
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Buyers will ask "Why hasn't this property sold? Is something wrong?".
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Price your home at $800k from the start and you would probably get multiple offers and drive up the selling price.
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Multiple offers always gets you more money in the end.
Downtown Burbank Condo For Sale Warning: Only 1 Showing 8/19/18
There is only one showing scheduled at this time: Sunday, 8/19/18, 2:00pm - 2:30pm. There will be a open house during this limited showing.
Offer deadline is Wednesday, 8/22/18, at 2:00pm.
For full details visit DowntownBurbankCondo.com
Questions? Contact the listing agent, Daniel Madariaga, at (818) 445-7953.
I want to be your real estate agent. What do I have to do to make that happen?
Let me know at 818-445-7953. Thank you!
Asking for cash buyers only for your home... good or bad?
I see so many of you home owners making this mistake.
To get top dollar for your property, market your home to all buyers, not just cash buyers.