"Coming Soon" or not? SoCal (gated community, Realtor, listing)
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Given that the area is still hot and skews in favor of sellers (or so I am told), we are pondering the value of the Coming Soon status on MLS.
Our realtor isn't pushing it one way or the other, just suggested it as an option. Because we are moving to the new location soon, it will give us exposure without having to show the house (it will be a mess).
This is the Los Angeles market and the gated community we are in has high demand for our type of unit.
We are thinking to test the market with a price slightly (1 to 1.5%) higher than the recent comp, which is in a worse location than our home within the community (very close to freeway). Otherwise they are comparable (identical floorplan, similar options with some back-and-forth interior tradeoffs ending in balance, more or less.
That comp went into escrow the first week of listing (early June) and sold for list price. Realtor is saying the market has risen a bit even since then, but recent days (cases rising) has resulted in some loss of buyer energy. True or not?
What might y'all suggest as a smart strategy? The house doesn't need any work besides staging and minor cleaning.
In SoCal, only put your place up, IF you've already secured another place. The market is LOADED with buyers (pandemic be damned,) the price of money is so cheap, that most don't care what the price is...only the monthly payment. (Just like cars/trucks, apparently.)
Besides, the MLS is super slow now. There are many other avenue's to "get the word out."
In SoCal, only put your place up, IF you've already secured another place. The market is LOADED with buyers (pandemic be damned,) the price of money is so cheap, that most don't care what the price is...only the monthly payment. (Just like cars/trucks, apparently.)
Besides, the MLS is super slow now. There are many other avenue's to "get the word out."
What are some of these other methods to get the word out? I'm just ready to list and get on MLS but would love all of the different ways to advertise,, I want all of the exposure I can get.
I know the market is red hot where I currently live in So Cal, East Riverside county, but the property I'm selling is it in the high desert, Victorville area, so not sure if it is as hot. Now that the rent has stopped, I would like to cash out ASAP. TY
What are some of these other methods to get the word out? I'm just ready to list and get on MLS but would love all of the different ways to advertise,, I want all of the exposure I can get.
I know the market is red hot where I currently live in So Cal, East Riverside county, but the property I'm selling is it in the high desert, Victorville area, so not sure if it is as hot. Now that the rent has stopped, I would like to cash out ASAP. TY
Google is your friend. If you're in the "RE Professionals" section, you should already know these avenues.
And yes, Victorville is currently 99F, so it's hot. (Probably dusty too!) The market is warm/hot too, LOL!
Don't be surprised if it sells quickly, especially if it has acreage included.
Is the "forbearance" thing getting you? This may become a huge factor very shortly.
This may be the reason of the urgency?
If you've owned it for quite a while, and your taxes are low-ish, then you might want to reconsider selling.
Google is your friend. If you're in the "RE Professionals" section, you should already know these avenues.
And yes, Victorville is currently 99F, so it's hot. (Probably dusty too!) The market is warm/hot too, LOL!
Don't be surprised if it sells quickly, especially if it has acreage included.
Is the "forbearance" thing getting you? This may become a huge factor very shortly.
This may be the reason of the urgency?
If you've owned it for quite a while, and your taxes are low-ish, then you might want to reconsider selling.
I'm in the "RE Professional" section because I know very little and I'm in every section trying to learn anything I can..
I did finally list it Friday and am hoping for a quick sale. I want out but I'm not desperate, it has been providing me with a good income for the last three years. It's leased until the end of September, and once the income stops the expenses continue so I'm hoping to be surprised, and it sells quickly. Now I'm old and give out and ready to get out of the LL business.
Acreage? Not so much, it's a 1/2 acre lot which is the minimum in Apple Valley. Six BR, four bath, 4000 sq ft. $570 would buy an entry level home where I live now, up there it is on the higher end. Homes that would sell for a mil and a half in Riverside or Orange county sell for $500 out there. We went there in 2005 to retire but circumstances brought us back.
No forbearance, it's free and clear. Again, no urgency, I just don't want to sit on an empty house.
TY for your feedback, I'm just looking and learning...
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