In Los Angeles, home values can average north of $1 million and are still in high demand. On average, a home sits on the market for less than 60 days and receives a handful of offers.
If you want to sell your home in Los Angeles, this all adds to good news for you. Your home has value, and someone wants it. Regardless of the home’s condition or the circumstances surrounding your desire to sell, you can be free of the obligation of ownership. You just need to find the right Los Angeles home buyer.
Sometimes, even in a hot market like LA, selling a home can be trickier than the statistics. If you have a hard-to-sell home that you need an offer on fast, it’s time to get creative. The traditional listing model through a realtor on the MLS may not be the best plan for you. You need a cash home buyer in Los Angeles.
Why Sell to a Cash Buyer?
The amount of work and money it takes to prepare a house for sale is prohibitive for many people, especially if it is in disrepair or has code violations. To sell your Los Angeles area home without the headache, you need to connect with a real estate investor.
Real estate investors find themselves working with homeowners who, for whatever reason, have a home that has a complicated history. Consider selling your house for cash if you’re in the following situations.
- Your home has damage from a fire or natural disaster
- Your home needs more repairs than you can handle
- You need to sell your home fast so you can move
- The house has code violations that are expensive to tackle
- You are getting divorced and want to wrap things up quickly
- You don’t want to keep your house in perfect condition for showings and open houses
- You inherited a home that you need to sell quickly
- You would like to sell a home without the hassle of a traditional sale
The 7 Benefits of Selling for Cash
Why cash? There are seven distinct advantages to finding a cash home buyer. Real estate investors, particularly, have home buying down to a science.
- It’s fast. You can complete the sale of your home in as little as a week.
- It’s easy. Someone will come to your home for an assessment and then make a cash offer on your home. They will take care of the rest!
- You save on realtor fees. You can avoid the 5-6% fee you would pay a realtor in a traditional sale.
- It’s on your terms. You will have more control over the timeline. Choose the closing date and your move-out date.
- It’s private. You won’t have people wandering through your home for showings or an open house.
- It’s low-stress. You will work with a professional who can handle all your transaction details, and you won’t have to worry about inspections, appraisals, or flakey buyers.
- You get to partner with an expert. When you sell to an investor, you will work with an expert in the Los Angeles real estate market who specializes in buying as-is homes like yours.
And as a bonus, you don’t even have to clean your house when you leave.
Top Tips for Selling in Los Angeles
If you are a Los Angeles homeowner ready to sell, these tips will get you started on the right foot.
Price It Right
Time is money. Once you decide to sell your home, you want it to sell fast. The biggest mistake a seller can make is over-valuing their home, which can cause it to sit for months without offers. Know the actual value of your home, and if you sell it for cash, you can expect a below-market offer in exchange for the convenience.
Partner with Someone You Trust
The Los Angeles real estate market can be tricky and overwhelming. On top of that, you are working through an incredibly stressful life transition. It pays to partner with an expert who will take the guesswork out of selling. Whether you hire a realtor or sell to an investor, make sure it is somebody that you trust.
Know Your Options
People often don’t realize that selling their home as-is, for cash, is an option. If your life circumstances make you a good candidate for this sale, real estate investors can provide valuable resources for a quick, easy sale.
As a Los Angeles homeowner, there is no need to stress over the sale of your home. The perfect buyer is out there looking for a home just like yours. Your home has value, and whether you pursue a sale through a realtor or a real estate investor, you can wrap it up and move on to your next adventure in no time.