Selling a home in California isn’t always as simple as it seems. The current economy, real estate market, and countless other factors can play a major role in how quickly you can sell your California property. These factors will also determine how much money you can make.
However, there are simple steps you can take to improve your chances of completing a quick sale. Some steps can even add value to your home.
We’re here to provide some basic house-selling tips. Keep reading for four important steps you need to take.
1. Verify Your Home’s Condition
First, it’s a good idea to hire an official home inspection to evaluate your home’s condition before you list it on the market. In many cases, homeowners list their California property and allow potential buyers to pay for the inspection.
However, this often results in both the buyer and the seller being surprised by underlying issues. These include things like water damage, mold, roofing issues, foundation damages, and more. These things can delay or completely disrupt a potential sale.
2. Make the Necessary Repairs and Updates
Now it’s time to decide what to do with your California property. You can invest in repairs and updates based on the results of your inspection or attempt to sell the house as-is.
While selling the house as-is means lowering your asking price, making repairs can add substantially to the cost of selling a house. For example, most homeowners spend over $20,000 getting their homes ready for the market. Of course, you can also find a happy middle ground and only choose to make some renovations.
3. Accurately Value Your Home
The value of California real estate can vary greatly, depending on where the home is located, the time of year, and the current California real estate market. Other factors that can affect value include:
- Age
- Condition
- Features and amenities
- Square footage
- Lot size
- Outdoor living spaces
- Number of rooms and bathrooms
- Recent updates
- Etc.
If you want to sell a house fast, you must list it for the appropriate price. If you ask too much for your home in hopes of earning a few thousand extra dollars, you run the risk of ostracizing legitimate buyers searching for homes in lower price ranges.
With the help of your realtor, get comps of other homes that have sold in your neighborhood in the last few months to get a better idea of your home’s actual value. You might also benefit from (or be required to get) an official home appraisal.
4. Consider Your Selling Options
Finally, if you really want to sell your California property fast, understand that there is more than one way to sell a house. For example, if you’re selling a house traditionally, you can use a realtor or sell the house on your own. A realtor can help you sell your house faster but will cost you more money.
Conversely, consider selling to a cash home buyer, like IBuySD.com. These types of companies are ideal for homeowners how need to sell their properties sooner rather than later. It could be because you’re facing foreclosure, liquidating assets for a divorce, or relocating for work.
Do You Have California Property to Sell?
If you want to sell your California property fast, heed the advice laid out in this article. We can’t promise you results, but we can assure you that following the steps listed above will improve your odds of making a quick sale. And remember, there are always other options, like selling to cash buyers.
For more real estate advice and financial tips, don’t go anywhere. Look through some of our other blog articles before you go to find more valuable information to improve your life.