If you are planning to sell your San Diego home, you are in luck. The San Diego’s best realtor know a secret that first-time sellers might not realize: we’re in a sellers’ market and home values are approaching highs that we haven’t seen since before the recession. What should first-time home sellers know before listing their homes on the market? Today, I’d like to share four tips that will help first-time home sellers selling their homes quickly and for more money. For example, be sure to price your home properly from the beginning. An overpriced home may attract lowball offers, or worse, no offers at all from potential buyers.
The economy is booming, interest rates are still near record lows, and people are eager to buy San Diego real estate. But there’s a lack of inventory in the San Diego area so buyers don’t have much to choose from. As a first-time home seller, this puts you in a really good position.
Before you list your San Diego home, you should definitely meet with a number of real estate agents. Interview them and understand how they plan to market and sell your home. Some will promise to sell your home quickly for you – and the truth is, they probably will. But that isn’t necessarily because they are the best realtor, but because we’re in a blazing hot real estate market. So instead of falling for the “sell your San Diego home quick” pitch, look for a realtor who can sell your home fast AND someone who knows how to maximize your home’s value. You want to walk away from the deal with the most money possible.
In today’s video blog, Dean Aguilar shares four tips for first-time home sellers. Dean has nearly two decades of experience in the real estate industry and is regarded as one of the San Diego’s Best Realtor. Learn why pricing your home properly from the beginning is so important. Understand why reaching from the stars may be counterproductive – how it could land you lowball offers, or worse, no offers at all from potential buyers. A novice real estate agent might promise to sell your home for far more than is realistically possible in order to get you to sign a listing agreement with them, but in the end, if the realtor can’t deliver on that promise your home’s value will suffer. Dean shares how to nail the right listing price from the start.
Watch this video for the rest of Dean’s advice. It’s less than four minutes long and could save you thousands of dollars when you go to sell your San Diego home!
Thinking of selling your San Diego home this year? You might be panicking, rushing to get your house ready to list for the spring or summer season. Even some of the San Diego Top Real Estate Agents will probably tell you this is the best time to sell your house. What if we were to tell you to relax—take your time and wait until this fall to list your home instead? First-time sellers might think this sounds crazy, but experienced home sellers know this strategy can actually work really well.
What is the best time of year to sell your home? While many people think that spring or summer is the best time to sell their homes, I’d like to give you four reasons why I think that fall is actually a great time to be in the market. First, the 18% increase in pending home sales means that buyer demand is still strong in our area. This, combined with low inventory levels makes the fall the perfect time to list your home for sale.
Realtor Dean Aguilar believes in this approach, too. Dean is one of the San Diego Top Real Estate Agents, selling an average 165 homes per year. He’s been in the industry since 2001 and has seen the ups and downs of the real estate cycle. He knows what it takes to sell a home – no matter what the season!
In this video, Dean explains why he thinks the fall is actually a great time to sell your San Diego property.For instance, did you know that there’s less competition in the fall? Most buyers and sellers fall for the myth that they need to find a deal in the spring or summer before the market slows down. So transactions pick up during that time of year, and then sellers start to reconsider their sales strategy once the cooler weather starts to roll in. Many sellers decide to take their properties off the market around September or October with the intention of re-listing the following spring. As a result, inventory dries up in the fall. San Diego is already a market with low inventory. The San Diego Top Real Estate Agents know this creates a major opportunity for sellers!
People are always going to want to buy homes. Even with the school year starting and the holidays right around the corner, there’s still a deep pool of buyers looking for homes in the San Diego area. Selling in the fall allows you to take advantage of the fact that there’s even less competition.
Interested in learning more about the fall real estate market? Watch this short video to hear why one of San Diego’s top realtors believes fall is a great time for homeowners to list their properties.
The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future and buy homes San Diego for you.
Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request
a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan.
Save Money to Set Yourself Up for a Large Down Payment: While it is possible to buy homes San Diego for you a without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.
Keep a Conservative Budget: It’s just not the list price that is included in the purchase. Keep in mind there are inspection fees, earnest fees, moving expenses, and typically new furniture purchases that you should prepare for in advance. Along with the initial moving expenses, you should also be aware of your monthly budget moving forward. With homeownership comes property taxes, HOAs, home repairs, and more. You want to make sure you are prepared for future budgeting as well.
Get Preapproved: Your preapproval can help if you are putting in an offer against someone who is not…makes you look like a more ready now buyer. Your preapproval is based on your actual income, debt, and credit history. This is different from prequalification, which is how a lender determines how much you can afford.
Set Your Home Buying Budget: By getting your finances in line before your first home showing you know the price range of a home that you can actually afford. It is important to set a realistic budget that fits your income level and characteristics you want in a home.
Find an Agent You Trust: An agent will be able to guide you along the way and educate you n the home buying process. Also, keep in mind an agent usually is very well connected to the other professional you will need before closing day.
As you begin the process to buy homes San Diego for You so you should find your next home checking these items off your list will provide you with a more successful home buying experience. Our team is here to help you! Let us know the area and/or neighborhood you are looking to live along with your top needs our team of professionals will assist with finding your next home.