L.A. real estate news and insights.
Did you see the ADU?
For the general location of this Sierra Madre off-market property, in Google maps, put in "Grand View Ave. and Cañon Ave."
Text me for more info at 818-445-7953.
The Spanish-style home features wrought iron railings, arch-shaped doors, stained glass windows, and a gourmet kitchen.
Outside there are fruit trees, a gazebo, and an ADU.
For the general location of this off market property, in Google maps, put in "Ventura Blvd. and Sepulveda Blvd."
Text me for more info at 818-445-7953.
Both units have 2 bed/2 baths, with a combined total of 2,165 sq. ft. of living space and are on a 5,250 sq. ft. lot.
Both units feature updated bathrooms, new flooring, recessed lighting, new dual-pane windows, and a washer and dryer.
The upstairs unit has a large deck, and the downstairs unit has a private patio and yard.
Your friend told you they are interested in selling their home sometime in 2020. You should let them know that they need to act sooner rather than later. Typically most real estate transactions take place in Springtime. Due to the Coronavirus and homeowners holding off on selling their homes, home sale transactions were down about 40% during the 2020 Spring selling season. Because of this home selling delay, the Spring selling season has essentially been pushed to Summer 2020. It's projected that the Los Angeles area will have an uptick in inventory and have a very strong buyer demand for the entire Summer season. I am recommending to your friend that they sell during this peak time and not wait until Fall or Winter.
The reason to not delay is that the flu season will start in Fall and many of us will get the common flu. Since the symptoms for the Coronavirus and the flu are similar, I am anticipating that during this time daily news reports will say that a second wave of the Coronavirus is coming. This news will make sellers rethink their plans of putting their home on the market. Because of this, I expect the market to see a repeat of what happened when the stay-at-home order was put in place back in late March. If you are not aware, during that time real estate escrows were being canceled left and right. Sellers were offering buyers $10K, $20K, $30k in credits just to stay in escrow. Some buyers took the deal, most did not. Compound that with home sales traditionally being slow in the 4th quarter due to the holidays, and you essentially have a standstill in the real estate market. That's why I am confident that this Summer will be the best time for your friend to see multiple offers on their home and to sell for top dollar.
When your friend is ready to sell their home, I can help them with the sale. Text their name and number to 818-445-7953, and I'll take care of the rest.
Thank you for all your referrals so far this year! I truly appreciate you helping my business thrive during a pandemic.
This beautiful, historic 1920's townhouse is selling for $899,998.
The "El Cabrillo" condominium complex is one of six remaining Spanish revival courtyard buildings.
The courtyard has been featured in both television and movies.
This 1 bedroom, 1 bath townhouse is in the heart of Hollywood.
It is within walking distance of the Hollywood Bowl, several theaters, restaurants, clubs, and more.
This completely remodeled home is the cheapest property to hit the market this week in Burbank.
Located on Clybourn Ave. this 3 bed, 2 bath single-family home is listed for $779,000.
Do you think this hack is worth the time you have to invest into it?
This is the only free way I know of that can raise your credit score.
What remodeling would you do to this South of Ventura Blvd home?
It's by far my favorite property to sell this week in Studio City.
I can let you know what sold in your neighborhood... text me at 818-445-7953 and I will email you a report.
Instagram: @daniellosangeles
Thank goodness I gave the county assessor the info he needed in order to change the square footage reflected on my properties public tax record!
Having the correct record made a huge difference when I sold my property.
Both a short sale and a foreclosure will severely damage your credit score.
keep that in mind before you go down either road.
Want me to email you a copy of your public tax records?
Direct message/email me your address and I will email the records back to you.
Daniel@ContempoRealtors.com
If your home buyers are not removing their contingencies, they are not serious buyers.
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Drop them as soon as possible and make sure your agent puts your home as "Active" again on the MLS.
If your agent does not provide you with a marketing video for your for sale property, you will leave money on the table.
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Period.
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End of story.
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I know for a fact that our marketing videos get thousands of views. Why would you want to miss out on thousands of views?
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If you want top dollar for your property, hire an agent that provides this service.
Use a drone shot to introduce your viewers to the outside of the home.
But don't linger too long... you will lose your audience.
Get to the good stuff quickly, show the kitchen and bathrooms as soon as possible.
You will get more money for your property if you deliver it vacant upon sale.
If you have tenants living at your property, and you plan on selling, it's time to give them a 60 day notice to move.
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If you don't want to do that, keep in mind only investors will be making offers on your property.
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That cuts your potential buyer pool from 100% of the market, down to 20%.
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Having less buyers for your property means you will not be getting the top dollar competition demands.
