Expect your seller closing costs to be 6%-7% of the sales price of the home.
Don't worry buyers, you have your own closing costs you need to stress out over 😐
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A verbal offer on your home is garbage
A verbal offer makes you feel good inside because it proves to you that someone out there loves your home.
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The truth is that a verbal offer means NOTHING... its garbage.
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If they really like the property, tell them to put it in writing. Once they do, NOW you have a series buyer.
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I can't tell you how much time in the early days of my career I spent with "buyers" and their verbal offers.
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Don't fall for it. Get it in writing.
Episode 17 of The #AskDanielLosAngeles Show
On this episode of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) I got a verbal offer for my house. Whats the next step?
2) What does retrofitting a home mean?
3) We are going to start looking for houses. Whats the process in terms of pre approval? Should we get approved for the loan first or pick out a couple houses we like and then get the pre approval?
4) I want my condo available to buyers who need to get a FHA loan. How do I do that?
We have over 12,000 followers on Instagram... come join us! @DanielLosAngeles
The cheapest home in Studio City, CA to sell this week
Would you inherit and throw away the sellers junk in order to get a good deal on a house? . Leave your thoughts in the comment section.
How do I find out what my property is worth?
You should "run the comps" yourself before calling a real estate agent to do a walk-through of your house.
That way you will be able to tell if the agent knows what they are talking about or not.
You ask real estate questions and I answer them
In episode 13 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) I believe the buyer for my home can back out if they can't get a loan. How can I avoid this from happening?
2) My credit score is pretty low. How can I raise it?
3) My home is on the market and we are getting a lot of showings, but no offers. What's up with that?
4) Is being a real estate agent hard? I might get my license soon.
Text me any real estate questions you may have at 818-445-7953 and I will answer it on the show!
Don't sell your home to Zillow
Sell your home to Zillow or any single person without putting it on the market for everyone to see it, and leave money on the table. Period.
You can now sell your home to Zillow. Don't do it if you want top dollar
😲Zillow has admitted that their offers are slightly below market value... I have seen that they are about 10% lower.
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After all, they have to make a profit, right?
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Put your home on the market so that everyone knows it's for sale.
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Get multiple offers and drive the purchase price higher and higher.
It's not the market, it's your agents marketing
Don't blame the market if your home is not selling, blame your agents poor marketing skills.
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Stop giving excuses and start understanding what it takes to sell a home for top dollar.
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You can start your research by looking at my content. Instagram: @daniellosangeles
Episode 10 of The #AskDanielLosAngeles Show
In episode 10 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) The public tax records for my home are not accurate. It shows that the square footage of the house is smaller than it actually is. What should I do?
2) You keep mentioning that a buyer can back out of escrow if the home inspection doesn’t go well. Is there a way to make sure the home will pass an inspection?
3) Can you explain how a notice to perform works?
4) They make buying a home on TV look pretty easy. Is that how it is in real life?
Please text me any real estate questions you may have at 818-445-7953... and don't forget to follow us on Instagram @DanielLosAngeles. We have over 6,000 followers now!
here's how to sell your LA home without dropping your asking price
Want to see how we sell homes in 72 hours?
Text me and I will text you back a 3 minute video showing you the secret of how we do it.
818-445-7953
What happens if the appraisal on your home comes in low?
What usually end up happening is that the buyer and seller end up meeting somewhere in the middle.
How do you feel about home staging?
Staging could make a buyer fall in looooove with your property. 😍😍😍
Episode 9 of The #AskDanielLosAngeles Show
In episode 9 of The #AskDanielLosAngeles Show, I answer the following 4 real estate questions:
1) Is it better to stage a house before putting it on the market? Does staging even work?
2) The property appraisal came in, and it wasn’t good. They valued my house $50,000 less that what I am trying to sell it for. What happens now?
3) What is the best season to sell in?
4) I want to get into the real estate market, but I haven't been able to come up with the 20% down payment. Is there a way to purchase my first home without putting 20% down?
Please email me any real estate questions you may have (Daniel@ContempoRealtors.com)... and don't forget to follow us on Instagram @DanielLosAngeles. We have over 5,800 followers now!
What's the best real estate deal you have ever seen?
Comment below! Maybe you saw it on TV or maybe it was your own home purchase... what is the best real estate deal you have ever seen?
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Comment below!
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I'll kick things off... The Playboy Mansion was purchased for $1 million in 1972. It was recently sold for over $100 million!
