Trying to sell a house but still asking “why is my house not selling in Los Angeles?”
The media is hyping up the high demand and record-setting prices. You’ll see on some news that the real estate market is still heating up even at this time. Now, where is your contract? Why do you still have a property sitting in the market? Why are you still asking yourself “why is my house not selling in Los Angeles?“?
These tips could be just what you need to help you sell your home.
6 Tips To Cure It
1) Get good help
As usual, there are plenty of agents and investors who are rushing in the market. They are acting as if they know it all. But, THEY DONT! They are getting hit hard by financing, evaluation, deal structure, etc. There is a big chance that real estate is gonna be a huge investment so, don’t trust just anyone’s advice. If you want to succeed, partner only with the pros!
2) Don’t make too many improvements
Often times we see an overly-improved property – those where the homeowners have gone way too far. We know that they have a good intention, they probably have exceptional craftsmanship and they’re talented. It’s challenging to exceed what the market is actually paying. Most buyers would want to add their own custom touches to the property. Get rid of all the clutter, do not overly accessorize, and just be neutral!
3) Do make necessary improvements
The devil is in the details. Make sure that you fix everything that needs fixing in the house. You need to show the buyers that you are a responsible home owner.
Get the house inspected by a professional home inspector around the area. Show off the healthy report to the potential buyer. This goes towards establishing strong confidence that they are indeed making a good purchase.
4) Style and design matters
The exterior or the curb appeal is as important as the interior. Do not neglect one part of your property just to improve the other. Give the potential buyer a cohesive impression of what a great style is. Paint the walls with neutral colors, redo the landscaping, and more importantly make sure everywhere is clean! You can also hire a professional designer to help you stage the property nicely.
5) Pricing matters a lot
Getting a lot of showings but not getting any offer? Maybe you didn’t price it right! If you put all efforts on your property and still haven’t received an offer, then there’s a huge chance you overly priced your house.
6) Every property will sell – sometime
If you want an answer to “Why is My House Not Selling In Los Angeles?“, there is no magic formula – but there’s no substitute for experience.