What Does It Take to Sell a California Luxury Home?

by VANCO Real Estate Executives 02/23/2020

Selling a luxury home in Los Angeles, Malibu or any other California city or town is rarely straightforward and simple. In fact, if you fail to plan ahead for the Golden State luxury home selling journey, you may struggle to stir up interest in your residence. Perhaps worst of all, your California luxury home may linger on the real estate market for many weeks or months before it finally sells.

Ultimately, there are lots of things you can do to prepare for the California luxury home selling journey, such as:

1. Learn About the Local Housing Market

The luxury housing market in San Francisco likely varies from the luxury housing sector in San Jose. Much in the same vein, the average listing price of a luxury home in Beverly Hills may be much higher than the average listing price of a luxury residence in Cupertino. However, if you analyze the luxury housing sector in your California city or town, you can gain real estate insights that could help you speed up the property selling journey.

Review the prices of recently sold luxury houses in your California city or town. You also should find out how long these residences were listed before they sold. With this housing market data in hand, you can determine if a buyer's or seller's market is in place and plan accordingly.

2. Conduct a Home Inspection

Although a home inspection generally is requested by a property buyer after a seller accepts his or her offer to purchase, you may want to perform an inspection prior to listing your California luxury home. By doing so, you can identify any underlying home issues and take the necessary steps to correct these problems.

Expert home inspectors are available in Santa Monica, Anaheim and other California cities and towns. Typically, a home inspector can conduct a Golden State luxury house evaluation over the course of several hours and provide you with an inspection report within a few days. Once you have an inspection report at your disposal, you can establish home improvement priorities and upgrade your California luxury residence.

3. Hire a Real Estate Agent

Selling a luxury home in Sacramento, San Diego or elsewhere in California may be difficult, regardless of the current housing sector's conditions. Thankfully, real estate agents are available who can take the guesswork out of selling a Golden State luxury house.

A real estate agent understands the home selling journey and will do everything possible to keep things simple throughout this journey. For example, if you are unsure about how to generate interest in your Bay Area luxury house, a real estate agent will create a plan to help you promote your home to buyers. On the other hand, if you are uncertain about whether to accept an offer to purchase your LA luxury house, a real estate agent can help you assess all of your options.

Want to list your California luxury home? Use the aforementioned tips, and you can prepare for the Golden State luxury house selling journey.