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Investor Fix & Flip-Bidding Ends SOON! #ChrisBJohnsonRealtor
Investor Fix & Flip-Bidding Ends SOON! #ChrisBJohnsonRealtor
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers.
There are four elements to a quality listing. At the top of the list is access, followed by condition, financing, and price. There are many levels of access that you can provide to your agent so that he or she can show your home.
Here are five levels of access that you can give to buyers, along with a brief description:
- Lockbox on the Door – this allows buyers the ability to see the home as soon as they are aware of the listing, or at their convenience.
- Providing a Key to the Home – although the buyer’s agent may need to stop by an office to pick up the key, there is little delay in being able to show the home.
- Open Access with a Phone Call – the seller allows showings with just a phone call’s notice.
- By Appointment Only (example: 48-Hour Notice) – Many buyers who are relocating for a new career or promotion start working in that area prior to purchasing their home. They often like to take advantage of free time during business hours (such as their lunch break) to view potential homes. Because of this, they may not be able to plan their availability far in advance or may be unable to wait 48 hours to see the house.
- Limited Access (example: the home is only available on Mondays or Tuesdays at 2 pm or for only a couple of hours a day) – This is the most difficult way to be able to show your house to potential buyers.
With more competition coming to the market this spring, access can make or break your ability to get the price you are looking for, or even sell your house at all.
About Me
- Chris B Johnson REALTOR®
- Chris B. Johnson REALTOR® Specializes in Luxury Estates and Home Auctions. Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve. I believe in Quality, NOT Quantity.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Verified Reviews
Overall, the US economy is strong: stock market near record highs, a strong US Dollar, low unemployment, higher jobs reports and the Federal Reserve easing interest rate hikes and their rhetoric and forecast for 2019. Mortgage rates are at 2-year lows, making qualifying for loans more affordable to the consumer, re-fueling the real estate market. Finally, we anticipate the trade war with China will soon have a positive resolution, which should help alleviate overall global concerns.
ReplyDeleteAfter an 8-year bull run on real estate values from 2010 to 2018 we are now 12 months removed from the all-time highs of April 2018. Globally, we have seen a decline in overall growth, and cities like London took a dramatic hit in average sales price of approximately 25% from their all-time highs. New York, due to its oversupply of inventory coupled with the overall market stabilization, saw prices drop over 20% from their highs. The positive news for Los Angeles real estate is that it remains strong with low inventory and a minor, healthy correction of 5-10% from its highs. Los Angeles remains both a domestic and international investment hub for real estate. The market has shifted from a Seller’s market to a Buyer’s market and opportunities for long-term gains and value in premier market areas remain strong.
Our advice is to write, write, write OFFERS and see what kind of deal you can find.