The Luck of a Good Home Sale
If you’ve been following recent Hollywood Hills real estate sales and you’ve recently put your home up for sale, or you’re considering entering this market, then you might be confused about what to expect. One day you might read an item about how a home sold very quickly for above asking price. Another day you might read a story that tells the exact opposite story: a house that gathered cobwebs in the market that eventually sold for under asking price.
So which circumstance can you hope to achieve? One thing that needs to be made clear is that situation #2 does not necessarily mean that the home seller was dealing with a sub-par real estate agent. Of course, this is most certainly possible – it could have remained on the market for too long because the agent did not have a lot of contacts. But an agent has to ride the mood of the market just like home buyers and sellers.
There is one thing that is not often discussed when it comes to home selling: luck. Yes, plain old luck. Sometimes the stars align and the perfect home buyer emerges just as you’re selling your home (or, ideally, several at once). However, this is not always the case. Perhaps that perfect buyer starts shopping six months or more after your home is listed. That’s not the fault of the agent and though an agent should be a good salesperson, a home purchase is highly personal: it’s not something you can force onto someone else, especially in a climate where people are watching every dollar.
With fewer home buyers right now, finding that perfect buyer is less likely than a crowded market, but sometimes lady luck does shine and a home is bought right away when a buyer falls in love with the property. You never know if this will happen until you put the home up for sale.
About Susan Andrews:
Susan Andrews is a top producing real estate agent at prestigious Beverly Hills real estate firm, Hilton & Hyland. She specializes in Hollywood Hills, West Hollywood and Los Feliz real estate. Susan can be contacted at 323.829.8811 or by e-mail regarding her properties.
