Home Seller Tips: Ask Yourself, Why Are You Selling?

 

If you know exactly why you are selling then it is easier for you to follow the right plan of action for getting what you want.

If you are a seller who needs to close a sale as quickly as possible, then you should know that getting the highest price possible is not one of your priorities. It does not mean that you won’t or cannot get the highest price, but it means that the price is not the deciding factor. A buyer who can give you a quick closing time will appeal much more to you than a buyer who can offer you more money but the negotiation and closing time drag on.

Image result for home offersIt’s always good to know how low you will go in terms of selling price. This will help to eliminate some of the offers that you find simply offensive or ridiculous. Even though you should consider all offers seriously and take into consideration the terms of each offer, sometimes, if you know the bottom line and are strict about it, you can save yourself time.

Once you know what your limits and reasons are, discuss them with your agent so that they can help you set your goals realistically. If you decide to list your home on your own, make sure you do research on the current market, and you get the proper advice you need in terms of legal issues, etc. The key is to be realistic and know what your goals are so they can be met.

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Recently Sold: July 2013

This is a selection of some of the fabulous properties we’ve sold and/or helped our clients buy in July!!

Juan Street

From the MLS

“Located in the Private Drive at the top of Juan Street, this mid century Spanish is an absolute beauty with spectacular panoramic bay & ocean views spanning from La Jolla to Point Loma. Upon entering the home you are welcomed by a lovely formal entry framed by an elegant half spiral staircase. The dining room featured a wood beam ceiling and an eye-catching fireplace. The family room leads out to a private courtyard with an outdoor fireplace, absolutely perfect for entertaining. Pending for $1,649,000.”

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Canyon View Drive

From the MLS:

“Beautiful spacious family home w/welcoming curb appeal! 4 bedrooms w/one bedroom & full bath down for guests, in-laws, or nanny & an optional bedroom currently used as office/den. Large spacious master upstairs, 2 additional bedrooms and a loft. Designer paint throughout adds charm and warmth. Vaulted ceilings & loads of windows to welcome in the sunshine. Fabulous kitchen for entertaining, with abundant cherrywood cabinets, granite counters, recessed lighting and breakfast bar. Lush landscaped yard w firepit. Pending for $524,900.”

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Gaylemont Lane

From the MLS:

“Lovely Belmont located in highly sought-after community of Carmel Country Highlands of Carmel Valley. Features include 4 bedrooms (one of main level) plus loft, 3 full baths, beautiful wood floors in most living areas, lots of natural light, spacious kitchen w/center island and pantry open to family room, extra insulation package and 3 car tandem garage. Wonderful outdoor entertainment area w/pool/spa, built-in BBQ area & lots of privacy with no neighbors behind. Pending for $949,000-1,049,000.”

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Freedom Way

From the MLS:

“Located in the quiet gated community of Heritage with coveted Shadowridge, this beautiful home is move in ready! Enjoy the perfect coastal San Diego weather w/the largest back yard in the development. The spacious interior features soaring vaulted ceilings and an open floor plan. The cooks kitchen boasts granite counters and a designer glass tile backsplash. The family friendly community offers a pet friendly dog park, duck pond, walking trails nearby and & top-rated elementary school to boot! Pending for $429,900-459,900.”

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Steeple Chase Row

From the MLS:

“For those looking for the hard to find single story w/spacious room look no further. Features include 2brms plus den/office, turn-key condition, stunning designer finishes inside & out with almost everything redone. Interior includes neutral tones w/beautiful light fixtures, built-ins, crown moldings, wood beamed ceilings, custom window coverings & more. Outside enjoy lush garden setting & plenty of room to entertain. All this situated in the gated community of Stratford. Pending for $998,000.”

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Moreton Glen

From the MLS:

“Fabulous Santa Barbara Plan 2 Priced for Quick Sale! Wonderful upgrades to include travertine, granite, custom lighting, new paint, 5 bedrooms with bedroom/bath downstairs, bonus room, combined kitchen/family room, formal living and dining rooms, french doors, ceiling fans and 3 car garage. All this and the best schools too! Pending for $1,100,000-1,195,000.”

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Landfair Court

From the MLS:

“Rare offering! Gorgeous single story home situated on a huge 10,267 sq ft cul-de-sac lot with panoramic southerly views and complete privacy! Beautiful hardwood flooring, plantation shutters, granite counter tops, newer vinyl windows and roof. Incredible garden w/specimen palms, mature fruit trees and lush tropical plantings. Beautifully maintained! Walking distance to Solana Highlands Elem. and DM Highlands Shopping. Highly sought after neighborhood. No Mello Roos! Third BR expanded and used as den. Pending for $949,000.”

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Additionally, Coastal Premier Properties represented the buyer on these other great properties

Corte Cisco

From the MLS:

“This is the very best that Meadowridge has to offer. You have to see it to believe how beautiful it looks and nothing was left to the imagination. Large bedrooms lend itself to family living along with the beautiful pools and tennis courts…no maintenance here. Just bring your things and you are ready to enjoy the ocean breezes. Sold for $475,000.”

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Cobb Place

From the MLS:

“Single story North Clairemont Home on Large Canyon Lot. Situated at the head of a Cul-de-sac. Ready to sell. Enjoy the Canyon View. Great location! Notice the Inviting Court Yard with Double Doors that gives this Home Much Appeal. No Garage BUT Has a Huge Bonus Room and Plenty of On-Site Parking. New Wood Floors in Living Room and Bedrooms. Wood Laminate in Bonus Rooms. All Freshly Painted. Clean and Ready for New Owners. Sold for $575,000”.

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Windswept Terrace

From the MLS:

“One level view sites retreat!! 10,000 square foot lot!! Private cul-de-sac location!! No neighbors behind or in front!! No mello roos!! Freshly painted!! Unique sun room patio!! Sold for $930,000. ”

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Village Ridge

From the MLS:

“4 BR+ Master Retreat! Wonderful location with no one directly behind. Desirable downstairs bed/bath. Private backyard features sparking pool w/waterfall. Laminated wood floor throughout including stairs (except 2 bedrooms upstairs carpet). Recently painted exterior. Clean and ready! Sold for $710,000.”

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San Diego News: How to Win a Bidding War for the House of Your Dreams

By Amy Green and Susan Meyers-Pyke

What is the one word that best describes most buyers getting into escrow right now?  Aggressive. No matter where you are looking to buy in San Diego, chances are the supply is low and the demand is high.  That means most likely there will be multiple offers on the home.  And sometimes that’s 3 offers and sometimes that’s 20+.  When a buyer says, “please show me the comparable sales in the area,” it’s almost a joke because with the appreciating market, prices are way above the last sale.

For example, we just got acceptance for a buyer looking to buy a 2 bedroom condo in Rancho Bernardo. When we looked at the comps, the most recent model match was at $265,000. We had offered $285,000 on one last week, but lost out because someone had bid higher. When another one came on a few days later, my client went as aggressive as he felt comfortable going, which was $300,000. That did the trick and we got acceptance.  There were 20 offers on that one!

We were representing a buyer on our own listing last week with a list price of $687,000. Nineteen offers came in and the buyer who got it offered way over asking price with the intention of getting a conventional loan. They decided to take out the appraisal and loan contingency! Now that is aggressive and something we would recommend only if the buyer is sure he can get a loan and/or is willing to cover the difference of a low appraisal if needed.

With this challenging market our one word of advice is to hire an experienced realtor that is working hard to look out for your best interests.  A top realtor will know how to put the best packaged offer together in representing you so that you will stand out in the crowd and get your offer accepted even with multiple bids.

CPP Tip of the Month: April

CPP Tip of the Month: April

As we start heading into spring, we’re also entering one of the busiest seasons for home sales. If you are selling or are considering selling your home, this is a great time to rev up your spring cleaning in regards to getting your home ready to sell. In addition to your regular tasks like dusting, washing the windows, clearing out extra clutter, and hosing down your patio, don’t overlook these important tasks. This is a great time to clean your air ducts, change your air filters, service your water heater, air conditioner, or pipes, and clean your gutters. Check for cracks in your sidewalk and driveway and repair them. Caulk bathtubs and sinks. Fresh interior and exterior paint is always a plus. Plant some flowers and add bark chips to increase your home’s curb appeal. Examine your roof for stains or missing shingles and get them repaired. Getting ahead on your home maintenance can help you sell your home faster and at a higher price.

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