These Tips and Tricks from Local Records Office are Amazing
LOCAL RECORDS OFFICE – LOS ANGELES, CA – When it comes to selling a house in a competitive real estate market you have to be on your “A game” all the time or you will be left behind. Local Records Office has created 9 tips to catch buyer’s attention and make the sell in 2016.
- Make Your Price Reasonable
- Post Good Photos
- Make an Attractive Property Description
- Post Accurate Technical Description
- Location Location Location
- Be Flexible With Your Payment Terms
- Who Are Your Target Market
- Watch Out for Deal Breakers
- Be Searchable Online
- Work With a Licensed Real Estate Professional
Nowadays, 95% of people who buy real estate search online.
They do not only see your property posted but also other properties as well.
It just takes a lot of common sense to make your property attractive to potential buyers. The aim is to make your prospect buyer pre-select your property and schedule a site visit.
Here are the top ten tips to consider in making your property appealing and saleable.
- Make Sure Your Price is Reasonable
All buyers want a better value for their money. They will choose the property with the most low price and highest quality as possible.
Do a benchmarking by searching similar properties on the Internet. Type in Google your property for sale: Type of Property, type of deal (for sale or for lease) and specific location.
Example: “House and lot for sale in Los Angeles, CA”. Select top 5 similar properties bases on their lot area, floor area and proximity to urban commercial center. Make sure your price is at least 5% to 10% lower than them. In this way when actual buyers search Google and compare different properties your property will be likely to be considered.
Most seller have a hard time selling their property because the price they perceived for their property is way high in what the market is willing to pay for it. Doing your homework of researching online sometimes might surprise you that your property might cost more than you expected or sometimes will educate you not to expect too much. If you do not like the price the market wants to pay better hold on to your property or have it developed into a cashflow-producing asset.
Example of Real Estate Photography Tutorials on YouTube
- Post Good Photos
A picture paints a thousand words. Make the pictures of your property worth more than the price you are offering. For example your House cost $300,000 make it look like $800,000 in pictures. Make sure that your pictures are far better than the top 5 similar benchmarked properties offered online. You can search in YouTube tutorials on how to take good real estate photographs. Also, I recommend you hire a professional photographer especially if you want your photos done well.
- Describe Your Property Well
Words stir positive emotions like excitement, joy and happiness. Make sure your prospect clients will experience the emotions of wanting to own your property when they read how they describe your property. Maybe if you write the description of the property you might think otherwise of selling it ;). If you do not have writing skills we can do the description for you if you exclusively list your property for sale with us.
- All About the Property
Describe your property accurately such as type of ownership, lot area, floor area, number of bathrooms, present condition, age of the house/building, renovations, appliances and fixtures and other things or perks included with the purchase. Highest and Best Use of the property if you are selling a property for development.
- Location Location Location
Make your location more desirable if it is already desirable, and desirable if it isn’t by pinpointing in your location description all nearest landmarks with in a mile or two radius such as: schools, churches, markets, malls, government and private offices. Explain how to get to the nearest train or bus terminal. Mention travel time or how long will it take from your property to the nearest commercial or business centers, airports, seaports and other places of interest for your potential neighborhood market.
- Identify your potential buyers
As an owner of the property and probably a resident of the area in which the property is located, you already have an idea on the types and what kind of people that might be interested to buy your property. You can see who are your neighbors and what they for a living. For Example: if your property is located near a college or industrial areas, the most likely buyers would be people who are going to convert your property into an apartment or room rentals.
- Have a Flexible Payment Terms
Be open to different payment options. Most first time property sellers wants cash for their property. Most of them get cash but they get less because of price negotiations. Having a flexible payment terms can be a bargaining chip during price negotiation.
- Spot Potential Deal Breakers Ahead
Identify potential problems and concerns that your potential buyer might notice about your property so that you can prepare counter measures. You must be able to identify all objections that might arise and know how to handle those objections. If you are too emotional to do it yourself maybe because of sentimental value of the property have a professional real estate broker handle it for you.
- Be Searchable Online.
There are people who are right now looking to buy your property on the Internet and make sure that they can find you. You can do this by posting your property for sale in Classified Ads. Remember that only owners, their legal representatives and licensed real estate agent and their companies are allowed by law to sell property online.