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A house is one of the biggest investments most people will make in their lifetime and selling it can be one of the most stressful real estate transactions. It can be an emotional process, too, as it entails parting with a place that holds personal significance.
“How can I sell my house fast South Pasadena CA?”
If you’re asking this question, you came to the right place! The home selling process can be quite complex, and having a real estate professional can make it possible to sell your home quickly and for the most money.
Here are some of the best practices among South Pasadena realtors to keep in mind as you venture into selling your house.
1. Understand the South Pasadena Market
The South Pasadena housing market is very competitive. Many properties get multiple offers, some with waived contingencies. Average homes sell for 10% above the list price and go pending in 29 days, while hot homes can sell for 22% above the list price and go pending in 21 days.
As of May 2024, the median sale price of a house in South Pasadena is $1.6 million. This is 16.9% higher compared to the previous year. The median sale price per square foot is $902, up 4.6% since last year.
2. Price Your Home Competitively
One of the key factors to consider when pricing your South Pasadena home is the prevailing market conditions. With the real estate market constantly evolving, a real estate agent can provide insights into the current state of affairs in the area.
It is also recommended to analyze home sales within your neighborhood. Check the sale prices of similar properties within your area to gain a solid understanding of what buyers are willing to pay.
Evaluate the condition of your property. If there are any repairs or updates necessary, you will need to incorporate these factors into your pricing strategy.
3. Boost Curb Appeal
Curb appeal is how your home looks from the outside, and this can have a big impact on how much a buyer will be willing to pay for your property.
According to a study by University of Texas business professor Sriram Villupuram, homes with high curb appeal sell for 7% more than houses with a less welcoming exterior.
Here are five ways to boost your home’s curb appeal:
- Spruce up the landscaping
- Make the driveway, walkway, and windows sparkling clean
- Paint (or replace) your front door
- Swap out fixtures
- Add outdoor furniture on your porch
4. Stage Your Home for Success
Staging is about making your home appeal to as many potential buyers as possible.When you stage a South Pasadena home, you allow homebuyers to envision themselves living in it. The goal is to make them see your property as their dream home.
Here are a few things you can do to stage your home successfully:
- Deep clean
- Declutter and depersonalize
- Add a fresh coat of paint
- Maximize natural light
- Choose furniture that creates a spacious and inviting atmosphere
- Add potted plants to fill empty spaces
5. Professional Photography and Virtual Tours
Virtual tours provide potential buyers with a realistic digital representation of your property on various devices, such as smartphones, tablets, and laptops.
A virtual home tour expands your marketing outreach to buyers with hectic work schedules, health and mobility issues, and those living far from the property’s location.
6. Effective Marketing Strategies
Implementing effective marketing strategies can help attract more potential buyers and increase your chances of a successful sale.
Nowadays, most home buyers begin their property search online, so get your property listed on popular real estate listing sites and promote it on social media using relevant hashtags.
Hosting open houses is a valuable marketing strategy for attracting buyers and generating interest in your property. As mentioned earlier, enhancing your home’s curb appeal and staging it will increase your chances of getting an offer.
7. Choose the Right Real Estate Agent
Choosing the right agent to sell your South Pasadena can feel overwhelming. To help simplify the process, here are a few steps you can take:
- Check realtors online and compare them based on volume of home sales in your price range, sale-to-list price ratio, average days on the market, and client reviews. Scope out their websites, social media, reviews, and property listings to gauge their online presence and how they market themselves.
- Get referrals from family, friends, and colleagues who have worked with a realtor in the past to buy or sell their home.
- Interview at least three real estate agents. Ask about relevant certifications and specialties, their selling strategy, their estimated timelines, and how they plan to conduct open houses.
- Verify that the agent you choose has an active real estate license.
8. Prepare for Inspections and Appraisals
Home inspections are typically initiated by the buyer. During a home inspection, an inspector will come to your property to assess the plumbing, HVAC system, roof, electrical, and structure of the home.
The best way to pass a home inspection is to initiate an inspection before you put your home on the market. Doing this will take away the surprise of the buyer’s inspection and reveal anything problematic.
Here are some tips on how to prepare for a home inspection:
- Give your home a deep clean
- Clear out clutter
- Perform necessary home improvements
- Check that everything is working properly
- Ensure all safety equipment are installed and working properly
9. Negotiate Offers Wisely
Having a real estate agent who is knowledgeable and experienced in your area to guide you is key to a successful negotiation of the sale of your South Pasadena home.
The following are potential points of negotiation:
- Move-in / move-out dates
- Contingency for the sale of a prior home
- Paying points toward the buyer's mortgage
- Offering a home warranty plan
- Prepayment of property taxes
- The cost of repairs or replacements
10. Smooth Closing Process
South Pasadena home. This typically takes between 30 to 60 days from the acceptance of an offer to the actual closing date.
During this stage, various tasks and procedures must be completed to transfer property ownership to the buyer. Your real estate agent will play a crucial role in ensuring these are done properly and in a timely manner.
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Conclusion
While selling a house can be quite an overwhelming process for any South Pasadena home seller, having a reliable and professional realtor by your side can help ensure a smooth and successful real estate transaction.
If you’re planning to sell your property in South Pasadena, CA, I can help you. Please contact me today at (626) 437-6800 or Derek@SouthPasadenaHomes.com to schedule an appointment.
Frequently Asked Questions
Curb appeal is how your home looks from the outside and is crucial in creating a great first impression.
Yes, home staging allows buyers to envision themselves living in it. The goal is to make them see your property as their dream home.
The closing process is the final step in selling your South Pasadena home. During this stage, various tasks and procedures must be completed to transfer property ownership to the buyer.
