The property market is great for sellers at the moment, with demand for all shapes and sizes of homes in the Los Angeles area vastly outpacing supply – and that means you could make a tidy profit with the sale of your home if you make sure to follow three important steps.
Darryl West, a real estate broker with almost 20 years of experience in the industry, knows all the necessary ins and outs of selling a home fast and for a profit. As the president of Powerhouse Real Estate, he leads three other realtors in helping his clients by using inside knowledge of property sales to not only find buyers but also assist them in finding their next home.
And with so many years of working in real estate, West knows exactly what you should and shouldn’t do before listing your home for sale. It’s worth listening to his advice because following these three simple steps could make the difference between selling or not.
“If you have been thinking about selling your home and the only thing holding you back is that you don’t know where to start, this simple but effective advice is a gamechanger,” he says.
- Find a great real estate agent
Because the property market is so hot right now, you might be tempted to think that selling your home will be simple and that you don’t even need to bother with using a realtor.
Although you could avoid having to pay the real estate agent commission for finding a buyer for your home, you’re almost always setting yourself up for disaster. “In my experience, a ‘for sale by owner’ transaction is likely to fail, and that will cost you time and thousands of dollars,” says West. And if you’re looking to make the most profit possible when selling, every dollar counts.
But that doesn’t mean you should just ask the first realtor you find to handle the sale of your home, he adds. Find someone who knows your market, and interview them, asking them in-depth questions about their past success rate with selling your type of property.
- Consider your curb appeal
First appearances matter in many aspects of life, and that’s true with real estate because anyone coming to view your home might be turned off if the outside looks a mess. “Right or wrong, buyers judge a book by its cover, so make the first impression a good one,” says West.
It can be relatively quick and cheap to improve your home’s curb appeal, for example by mowing and watering your lawn, repainting your front door, and replacing any broken roof tiles.
If you’re struggling to think of ways that you can spruce up the exterior appearance of your property, ask your real estate agent for some advice on what to do before selling.
- Repaint walls to neutral colors
“Green might be your favorite color, but it could be a potential buyer’s least favorite color and they might lose all interest in buying your home if the walls are painted green,” warns West.
The best approach to take with your interior walls is to paint them neutral colors like white or gray before you list the home for sale. Buyers rarely dislike those shades, he adds.
When potential buyers come to visit your home, you want them to envisage themselves living in the property. It’ll be hard for them to do that if they don’t feel at home because you previously painted the walls in a possibly off-putting color, so going plain is your best bet.
Media Contact: Darryl West
Company: Powerhouse Real Estate