Selling a home evokes a mix of emotions: the excitement of moving on and the sadness of leaving a place behind.
In California, 41.7% of homes for sale were bought at prices higher than their listed values. The average home price stands at $784,200. From Sacramento to San Diego, various markets across the state have seen rising home prices. These high prices often mean large commissions for sellers to pay.
Selling a house in California can be challenging without the support of an experienced real estate agent. With over 20 years of expertise, I can help make the process of selling a home in California much simpler. Follow the steps to ensure a smooth and successful sale.
Easy Steps to Sell a House in California
In California, selling a house as it is can seem like a difficult task, but fear not. Here is a comprehensive overview explaining the process of selling your home in California:
1. Decide when to sell:
Timing is very important when it comes to the sale of a home especially if the sale is within the state of California. The availability of houses on the local housing market also determines how long the house will stay on the market by the seasons.
If you cannot afford to wait until the best time to sell, consider working with a Clever Agent. Smart agents get listing fees that do not go beyond 1.5% as opposed to the standard 2.5-3% rate. Thus, it does not matter if you can’t time in the California real estate market, you can still save money.
2. Price your home:
To assist with the listing price of your home, constituents should employ the services of comparative market analysis (CMA). A CMA will arm you with numbers that support your price strategies.
Your realtor, Amish Munshi will possibly also be able to give you a CMA on your home. They will have all the necessary information about recent and current transactions within the area, and other similar homes for sale within the area.
If you’re unsure about “how to sell my California house fast,” a real estate agent with knowledge of the area’s best listing prices can help you sell your house more quickly.
3. Stage your home:
Homes that are staged sell 86% sooner compared to non-staged homes. The following two ways can help you benefit from a staged home.
Position your home in a manner that reflects the current market of your local California region. As the saying goes, ‘another person’s trash is another person’s treasure’; it would be disastrous to showcase a spare bedroom as a nursery if most potential buyers around are elderly people.
Secondly, depersonalise your home. Houses cluttered with the buyers’ family photos, souvenirs from vacations, or other house-related items do not attract buyers. Pack those items away.
4. Field offers and negotiate:
After making a sale, do not be certain that the deal is finalised. At your listing price, sometimes you may be lucky to be approached by multiple buyers but you are not obliged to sell to any of them. Besides, as has been pointed out, the price is just one component of the competition. Offering and accepting the offer and bargaining, are all part of the process.
After you and the buyer negotiate, you’ll be able to sign the purchase agreement. After which, you’ll certainly be one step closer to being able to pay the closing costs and seal the deal.
5. Complete the inspection and appraisal:
After you have agreed to the price offered by the buyer, that buyer will be able to inspect and survey your house before the contract is complete.
6. Home Inspection: A home inspection before purchasing is done by 82% of the buyers; therefore, prepare for a scrutiny of your house.
7. Home Appraisal: About 80% of the popular types of contingencies that even buyers will make is an appraisal contingency. The conditions that influenced the change in homes’ appraisals are new modifications, the surrounding atmosphere, and similar home sales nearby.
8. Californian specificities: A few of California’s cities and suburbs have certain specificities that must be met before the sale of a property.
9. Provide all required documents:
When planning for the sale of a Californian home, there are a few things that one needs to know about the state of California. Sellers’ documents are more complex in California than anywhere else. Not just inspections and appraisals, but you might also have to work through difficult documentation procedures.
10. Close the deal:
Getting to the end of selling your home is the completion of everything you have done, planned, and bargained for. It signals the actual change of ownership but before one several processes are taken note of to ensure that one is not caught off guard. Hence, after clearing everything, it’s time to close the deal. Finally, sell it to your desired buyer!
Wrapping up
Selling a house can be a daunting task, but with proper guidance, the process becomes much easier. This guide provides an overview of what it takes to sell a home, but the specifics of selling a home in California depend on your home’s location and condition. The type of sale and the amount of money invested in preparations are other key factors that influence the experience.
Contact us for expert assistance, selling your home in California can be a straightforward and profitable venture. With our guidance, we can achieve the maximum profit from your sale.
