For Sellers
Buyers are looking for updated, properly priced home in move-in condition. They like clean homes with a modern edge. Get advice from your Realtor and don’t be insulted if changes are recommended; this is for you to SELL your home, not LIVE in it! Seriously consider using a stager, or get a qualified consultation, and take to heart the adage “You only get one chance to make a first impression.” Ask me for local San Diego recommendations. Work with a local professional to determine pricing; don’t trust popular websites for accurate valuations! Price to sell, meaning don’t overprice.
For Buyers
Don’t get hung up on the asking price. Not all sellers work with local San Diego real estate professional, so sometimes the asking price can just be an arbitrary number and may not be tied to data as it should. Work with a reputable San Diego lender to assure your transaction goes smoothly and closes. Don’t let lenders say you must put twenty percent down. There are options.
For Investors
Positive cash flow is out there. To find it, look to regional markets that are showing strong economic growth (e.g. jobs). Still, breaking even is worthwhile and represents solid cash flow. Stay on our toes, and when the right property in a good location is available, be ready to buy it. Be patient but get in the game. With prices increasing and interest rates rising, what are you waiting for?
For Builders
Our partners constantly interact with potential homeowners, so they understand the changing landscape. They report buyers looking for energy-efficient properties with smart technology, ranch-style home with main floor masters, high-quality or unique finishes not typically found in entry-level construction, along with patio homes. Get creative with smaller floor plans. Don’t increase prices and be ready to offer incentives. Builders can understand more about what buyers want by working closely with the the Coastal Pacific Real Estate community.