The Benefits of Going to Open Houses

27 Oct 2017 · by Virtual Results PubSub

The Benefits of Going to Open Houses

Are you getting ready to buy a Loft? Or maybe Loftownership is something you’re planning for in the not-too-distant future? Then you’ve no doubt stumbled across open Lofts and wondered if you should go. Whether you’re ready to buy or getting your finances together to be in the market soon, there can be many benefits to attending open houses. Here’s a look at a few.

Learn about the local market

It’s kind of amazing how much you can learn about the market simply by attending open Houses. First, you can start to get a feel for the kinds of Lofts that are for sale in your area, and what those Lofts are selling for. Second, you can see how much traffic the open Loft gets. From that traffic you’ll better understand how competitive the local market is. When you find the Loft you really want, how quickly will you need to act? Third, depending on how busy the open Loft is, you may be able to chat with the listing agent. From that conversation you can glean more information about what’s happening in the local market, even before that news becomes mainstream.

Understand what you can afford

You’ve been saving for a down payment and have plugged your financials into an online calculator to determine how much you can afford to spend on a Loft. But what is that money going to buy you in reality? By attending several open Lofts in the neighborhood where you’d like to buy, you’ll soon see exactly what your money can get you. You’ll see where you may need to make some compromises on your wish list and better prepare for the reality of what you can reasonably afford.

Get ideas about latest trends

If you’re not sure what you want your new Loft to look like, attending some open Lofts can show you what the latest trends are. Many Lofts are professionally staged so that they look as good as possible to potential buyers. You can get ideas about paint colors, finishes, kitchen designs and more. This can be especially handy if you plan to buy a fixer-upper that will need some cosmetic work. Use the open Lofts to discover what you like and what you don’t like. And if you like what you see, ask the listing agent for contact information for the designer or contractor.

Get to know the neighborhood

If you’re trying to narrow your search to a particular neighborhood, it can help to attend open Lofts in those neighborhoods. Much of the traffic of an open Loft is nearby residents looking to see what’s happening in the neighborhood. You’ll get a sense of the kind of people who live there, how noisy or quiet the area is, and the kinds of amenities that are available nearby. It will also give you a chance to meet other prospective buyers and learn about what they’re looking for in a neighborhood. Talk a walk around the block and get a feel for what it might be like on any given day.

The bottom line is – don’t be afraid to pop into some open Houses if you’re getting ready to buy. Not only is it a great learning experience, you may actually find the Loft you love!




Smells That Sell

20 Oct 2017 · by Virtual Results PubSub

Smells That Sell

You’ve de-cluttered, re-painted, made repairs and updated your Loft’s curb appeal. That means you’re ready to sell, right? Not necessarily. Although all those tasks are essential for getting your Loft in shape to sell, don’t overlook one important factor – the smell. Many potential buyers can be swayed – or put off – by the scents in your Loft. Here’s a look at the smells that sell.

A clean smell

First and foremost, your Loft needs to smell clean. And by clean, we don’t mean that it smells strongly of air freshener. Scented cleaners only mask odors, which are often still detectable underneath the heavy perfume smell. The only way to achieve an authentic clean smell is to deeply clean your Loft. This includes:

  • Cleaning carpets and mopping floors.
  • Scrubbing kitchens and bathrooms.
  • Washing or dry-cleaning curtains, linens and bedding.
  • Removing pet items such litter boxes and pet beds.
  • Vacuuming or steam cleaning upholstery items like sofas and chairs.

Avoid using products with a strong smell. Instead, use those with very subtle smells or, better yet, those that are fragrance-free. While you want the Loft to smell clean, you don’t want it to smell like bleach.

A simple smell

Once you’ve neutralized odors in your Loft, you can enhance a buyer’s experience by employing a simple scent. Think about the kind of environment you want to create. Do you want to emphasize how fresh, clean and bright your Loft is? Then choose scents like citrus, lavender or green tea. Are you hoping that buyers will find your Loft cozy, warm and inviting? Then go with scents like vanilla, rosemary, thyme or cinnamon. Does your Loft feature lots of wooden beams or walls? Then choose a smell that will enhance that aesthetic, such as cedar or pine.

How to achieve a pleasant smell

There are several different ways to achieve just the right scent in your Loft without going overboard:

  • Candles – Candles are one of the easiest and most inexpensive ways to infuse your Loft with a pleasant smell. Just be sure that they are not located in a place where they can be knocked over.
  • Oil diffuser – There are many types of diffusers on the market that use essential oils to freshen the air. These are a wonderful all-natural solution that will also add a touch of humidity to the air, which is especially good if you live in a dry area.
  • Simmering pots – Simmering pots are another easy and natural way to make your Loft smell wonderful during a showing. Just add some scented ingredients to a pot with some water, and simmer on the stove on low heat for a few hours.
  • Scented plug-ins – Many people enjoy the convenience of scented plug-ins, which are available from a variety of brands. Just be sure to choose a scent that isn’t too strong or that has a complex or chemical fragrance.
  • Reed diffusers – Reed diffusers have also become a popular method for adding scent to your Loft. Scented oil is released through sticks that are placed in a vase with the oil. Just be sure that the smell isn’t too overpowering in a small room.

Don’t be afraid to experiment with different smells when you’re selling your Loft, to find just the right one that will appeal to potential buyers.




Why Use a Real Estate Agent?

15 Oct 2017 · by Virtual Results PubSub

Whether you’re buying or selling a Loft in Los Angeles, you’ve probably considered whether or not it’s really necessary to work with a professional real estate agent. With so much information available online, isn’t it possible to go through the process alone? While working for yourself may save you commission fees, it could end up costing you more in the end. Here are some of the most important reasons why we think it’s valuable to work with a professional.

Pricing expertise

Pricing a Loft is a little like playing Goldilocks. You don’t want to price too high or your Loft will languish on the market. You don’t want to price too low, or you’ll lose out on a better deal. You do want to strike the perfect balance and price it just right. A professional real estate agent will have expertise in the local market and knowledge of neighborhood comps. They’ll help guide you to choosing the perfect listing price for your Loft.

Dealing with paperwork

Buying or selling a Loft in Los Angeles generates a high volume of paperwork. This includes purchase agreements, disclosure statements, inspection reports and so much more. It can be time-consuming and intimidating to pore over each document. A professional real estate agent deals with paperwork every day, and can help you navigate through and stay on top of all the documents that need to be read, signed and processed.

Negotiation skills

Negotiating is a learned skill, and professional real estate agents practice it every day. Negotiating on your own behalf can sometimes be difficult, especially if you’re emotionally connected to the Loft. An agent can maintain professional detachment and treat the process as a business transaction.

Easy access

Although the Internet has made it easier than ever to list and browse properties for sale, it doesn’t take the place of having an agent assist with your search. A professional real estate agent will be connected to a network of other agents and have easy access to property listings. They can quickly perform searches to find Lofts in Los Angeles that meet your criteria, call the listing agents and set up appointments for viewing.  If you’re selling, an agent can field these calls for you, make appointments and answer questions.

Avoiding problems with closing

There’s nothing worse than getting all the way to closing day and have the deal fall through. Watching all those weeks and months of work just disappear can be frustrating. A good real estate agent will know what kinds of problems to look for and will be prepared to handle them before they become issues. This could include making sure the title is clear and that the lender will meet the deadline for financing. They’ll also stay on top of all the professionals involved in the process, to ensure that everything is moving forward on schedule.

Though technology has made it easy to gather information about buying and selling Lofts, it doesn’t take the place of a professional real estate agent. Having an expert in your corner can help mitigate much of the stress of the sale, head off potential problems and get you the best deal for your Loft.




Selling Your Loft in the Fall

8 Oct 2017 · by Virtual Results PubSub

Selling Your Home in the FallIt’s almost time for sweaters, fall foliage and pumpkin spice lattes. And if you’re like some Loft owners, it may also be time to sell your Loft. While fall may not be the most popular time to list your Loft for sale, it can have its benefits. Follow these tips to make your Loft for sale stand out this season.

Know your buyers

When selling in the fall, it’s important to understand who the most likely buyers are going to be. This allows you to target your efforts for the appropriate audience. Most families with schoolchildren probably made moves during the summer so that their kids would be settled in time for the school year. In the fall, you’re more likely to encounter empty-nesters and millennials. Be sure to highlight amenities that would appeal to people in these age groups. This could include the ability to walk to nearby restaurants or any smart-Loft upgrades you may have made. In addition, think about staging an extra bedroom as an office or gym.

Create a cozy atmosphere

Fall brings with it cooler temperatures, so it’s important to make potential buyers feel comfortable and warm. If you have a fireplace, make sure it’s clean and in working order. If possible, have a fire going during showings. While you don’t want to go overboard with seasonal decorations, a tasteful fall centerpiece or door wreath can add considerable charm. Nothing beats the scents of fall, so don’t be afraid to bake a pie or light a scented candle.

Check the furnace

Before you turn on the heat for the first time, check the HVAC system. Change the furnace filter and vacuum vents. An inspection is going to include your furnace, so it’s better to discover problems now so you have time to fix them.

Turn on the lights

Fall also means shorter and darker days. In order to make your Loft appear as bright and spacious as possible, open all the curtains and blinds during showings. Turn on all the lights, adding more as needed. Also be sure to turn on closet and appliance lights. If the walk up to the front door is dark, install some outdoor lighting along the path.

Be flexible

Lastly, understand that fall schedules can be more hectic. Weather can easily derail plans. Be flexible with showings and your closing date whenever possible.

While autumn can be a slower time in the real estate market, it doesn’t mean you can’t sell your Loft quickly and for a great price. Follow the advice above and you can maximize what the season has to offer.


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