Blogging Archives - Loftway : Loftway


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.




How to Relax When Buying a Loft

6 Oct 2017 · by Virtual Results PubSub

How to Relax When Buying a Home

Buying a Loft can be stressful! From collecting all your financial documents to making it through the inspection process, so much can happen to cause anxiety before closing day. It’s enough to make even the most relaxed person feel tense. If you’re starting to feel the crunch, here are some great strategies for coping with stress when you’re buying a Loft.

Choose the right agent for you

One of the best ways to help alleviate Loft buying stress is to work with an agent with whom you feel comfortable. Get references from family and friends, research agents online and schedule a few interviews. Get to know a little bit about each agent and how they work. The Loft buying process can take anywhere from 30-60 days, which doesn’t even include the time spent looking at houses. During that time, you’ll be communicating with your agent often. Working with someone who is compatible with you will go a long way towards making the process easier and less stressful. You can relax knowing you’re in good hands.

Buy within your means

Yes, that LOFT with the large pool, Home theater and wine cellar is amazing. And you might be able to afford it if you work hard and cut back on other expenses. But is it really worth it? Taking on a mortgage that you can’t comfortably afford adds a terrific amount of stress to your life. When choosing a Loft, choose one whose price fits well within your means. You’ll be more relaxed during the buying process and will be able to sleep at night once you close.

Keep things in perspective

There are plenty of things to trigger your deepest worries during the Loft buying process. Will the seller accept my offer? Will I get into a bidding war? Will the inspection turn up unknown issues? Will the Loft appraise for less than the asking price? Will everything go according to plan on closing day? These are all valid concerns, but you can’t let them get the best of you. Remember that this period of transition will not last forever, and that before you know it you will be closing on a house, even if it doesn’t end up being the one you thought you would buy in the beginning. Most things in life end up working out as they should, and stressing about an outcome will only sap your energy and make you feel unwell.

Take breaks when you need to

While buying a Loft is time-consuming, it doesn’t have to take over your whole life. Take breaks from the process when you need to. Go to the movies. Spend time with friends and family. Treat yourself to a spa day. Take the dog for a walk. Read a good book. Give yourself permission to unplug periodically. It will do wonders for your health and well being to take care of yourself while going through what is inarguably a challenging and life-changing process.

If you want to be as relaxed as possible while buying a Loft, work with a trusted partner and take time for yourself when you need it. Before you know it, you’ll be handed the keys to your new house!




Best Words For Your Loft Listing

4 Aug 2017 · by Virtual Results PubSub

Best Words For Your Home Listing

When describing your Loft to someone, what words do you use? Do you call it luxurious? Spacious? Beautiful? According to a recent report from CoreLogic, the words you choose to describe your Loft can have a tremendous effect on its sale. Not only can they influence how quickly your Loft sells, but also how much money it ultimately sells for. We’ve compiled a list of keywords you should consider using if they accurately describe your Loft for sale – and those you should actively avoid.

10 best keywords for your listing

Have a discussion with your agent and brainstorm about the best features of your Loft. Use the following words to help describe those assets:

  1. Beautiful – What is beautiful to one person may not be to the next, but if you know you have an outstanding view or a gorgeous garden, don’t be afraid to use this word.
  2. Luxurious – Lower-priced Lofts that use the word luxurious often sell for more than expected. Use this word if you have any amenities that could be considered high-end.
  3. Turn-key – Is your Loft move-in ready? Then you should definitely say so, as that can be a huge selling feature for many potential buyers.
  4. Remodeled – Have you recently remodeled or renovated your Loft? Let buyers know about those updates.
  5. Upgraded – If you’ve upgraded or updated any features in your Loft, you should spell out what they are in the listing.
  6. Stainless – Stainless steel appliances are quite popular with Loft buyers, so it’s best to clearly state if your Loft comes with these features.
  7. Granite – Much like stainless steel appliances, granite countertops are an attractive feature that should be mentioned in your description.
  8. Spotless – You may think every Loft is thoroughly cleaned before being sold, but that isn’t always the case. If you’ve gone the extra mile to banish built-up dirt and grim, be sure to describe your Loft as spotless.
  9. Spacious – If you know your Loft has plenty of room to suit just about anyone’s needs, you should definitely describe it as being spacious.

Don’t use these words

There are words that can help your Loft sell quickly and for a great price, and those that will definitely work against you. If you’re writing up a description of your Loft for sale, you should avoid using any of these words:

  1. Value – Describing a Loft as being a “good value” can often net you a lower selling price.
  2. Must sell – Communicating your need to sell quickly is an invitation for low-ball offers.
  3. Motivated seller – Much like “must sell,” describing a seller as motivated reads like desperation, which often results in offers that are lower than market value.
  4. Small – Unless you’re selling a tiny Loft, avoid describing it as small. Choose a word with more positive connotations, such as “cozy.”
  5. Outdated – If your Loft is vintage, that’s one thing. Many buyers appreciate vintage details in a Loft. Outdated sounds negative and something to be avoided.




Loft Buying Tips for Unmarried Couples

28 Jul 2017 · by Virtual Results PubSub

Home Buying Tips for Unmarried CouplesWhether you’re planning to walk down the aisle in the future or not, buying a Loft with your significant other without being married can be a tricky situation. Nonetheless, more and more couples are opting to do just that as rental prices throughout the country skyrocket. In fact, one in four millennial couples between the ages of 18 and 34 have recently purchased a Loft together before marriage.

Even if it makes financial sense, buying a Loft with a partner is one of the biggest – if not the biggest – transactions you will ever make. Keep yourself from potential problems down the line by following these important tips.

Know each other’s financial history

Buying a Loft is basically a business transaction, which makes your significant other your business partner. You wouldn’t enter into a business deal without knowing the financial strengths and weaknesses of your partner, would you? The same applies for you Loft purchase. If you’ve put off discussing your personal finances, now is the time to do it. Share your credit history and credit score with each other. Even if one person has excellent credit, it’s the lower score of the two that will determine what kind of loan you qualify for and the interest rate you receive.

Decide how to handle costs

If you are both listed on the mortgage, you are both equally liable for that debt. Even if the other person walks away, you’re still on the hook. Will you be able to afford payments on your own? You may want to consider only taking out a Loft loan that you can reasonably afford with just your income.

In addition, have a candid conversation about who is going to pay what. How much will each of you contribute to the down payment? Who will pay the mortgage, taxes and utilities? How will maintenance costs be shared? You may want to consider opening a joint bank account from which all common bills can be paid. Discuss how much each will deposit into the account monthly.

Have something in writing

We all want to believe that our story will have a happy ending – but that isn’t always the case. While it can be an uncomfortable conversation, you should put in writing what will happen should your relationship end. Talk through possible scenarios such as what happens when one person loses a job or dies. Come to an agreement on how you would like to handle each situation and put it in writing in a legal document. This will help avoid costly litigation down the road.

Consider your title options

You and your partner can either hold title as joint tenants, where the property is owned equally and full ownership is transferred to the other upon death. Or you can hold title as tenants in common, where ownership does not automatically transfer if one person dies. This is a good option for those who may have kids from previous marriages and want to designate a certain percentage of the Loft’s assets to their beneficiaries.

Buying a Loft can be complicated — doubly so if you are buying as an unmarried couple. Follow the tips above and enlist the help of a real estate professional with expertise in this area to help guide you through the process.




10 Signs That It’s Time to Move

21 Jul 2017 · by Virtual Results PubSub

10 Signs That It’s Time to Move

While moving can be a real drag, sometimes it’s obvious that it’s time to go. A move can be just the thing you need to jumpstart your life and invite positive change. If you’re unsure whether or not you’re ready to take the plunge, here are 10 signs that now is the time to relocate.

  1. You’ve outgrown your space

Have you resorted to renting a storage unit, even after you’ve de-cluttered your Loft with the KonMari Method? Then it may be time to upgrade to a bigger space. Wouldn’t it be nice to have some room in your closets and cabinets again?

  1. Your finances have changed

Are you making significantly more or less money than you were when you moved into your current space? If you find yourself with nothing to spare at the end of the month – or much more than you know what to do with – then you might want to consider moving into a Loft that is more in line with your current financial situation.

  1. Your family is growing

Are your kids getting tired of sharing a room – and there’s another one on the way? Or maybe it’s time to start a family and you’re not happy with your current school district. Either way, a growing brood is a good indication that it could be time to move into a Loft that is more family-friendly.

  1. The Loft feels empty

Are your kids off to college, or grown with their own families? Do you suddenly find you have more rooms than you know what to do with? Why not downsize so you have less to take care of?

  1. The neighborhood has changed

Are crime rates going up?  Are there more empty Lofts or yards that aren’t being maintained? Sometimes neighborhoods change. If you don’t like the way it’s heading, it could be time to go.

  1. You hate the weather

Those snow days were fun – at first. Now hauling out the snow shovel every few days is getting to be a bummer. If you find yourself pining for sunny days and warmer temperatures, it might be time to relocate to a more temperate climate.

  1. Your commute is wearing on you

Studies show there is a direct link between commuting time and happiness levels. If you’ve found your good mood waning recently, think about moving closer to your job.

  1. You’re in a new relationship

While we wouldn’t recommend moving every time you meet someone you like, there are moments when you know you’ve found the person you’d love to spend the rest of your life with. If your current place is too far away from them, it makes sense to move closer.

  1. Your Loft needs work

Are you getting tired of making trips to the Loft improvement store every weekend? Is your to-do list getting longer instead of shorter? Then maybe it’s time to give your wallet and your free time a break with a new place that requires less maintenance.

  1. You like the idea of a fresh start

Sometimes there aren’t black-and-white reasons to move. Maybe you’ve just gotten the itch to explore a new place, to expand your horizons. And that’s perfectly okay. If your intuition tells you that it could be fun to move on, then now may be the perfect time for a new adventure!




Seller’s To-Do List

14 Jul 2017 · by Virtual Results PubSub

Seller’s To-Do ListAre you getting ready to sell your Loft? If you are, then you may be feeling overwhelmed by the number of tasks ahead of you. While selling your Loft is a big job, you can make it easier by taking it one step at a time. We’ve put together a simple to-do list that outlines what you’ll need to do as you prepare to sell your Loft.

Determine your needs

As you make the switch from thinking about selling to actually listing your Loft, take the time to determine your needs. Where do you want to be in a few years? What is your local housing market like? How quickly do you need to sell? Will you buy or rent a new Loft? Knowing the answers to these important questions will help you and your agent determine your Loft selling strategy.

Make small repairs

Go over your Loft in detail and determine if there are any small fixes you should make before you sell. Think like a buyer. If you were buying a Loft, what might stand out to you? This could include replacing faulty light fixtures or repairing holes in the wall.

Find an agent

Selling a Loft can be a complex process, and working with a real estate professional can help alleviate some of the burden. Get recommendations for local real estate agents and interview a few of them. Choose an agent who has expertise in your local market and with whom you feel comfortable.

Set a price

Research the market in your area and look for Lofts similar to yours that have sold recently. Using these comps, work with your agent to set a realistic selling price for your Loft. Take into consideration how quickly you need to sell or if you have time to wait for the best possible offer.

Prepare your Loft for showing

If you haven’t already, now is the time to clean and de-clutter your Loft. Remove bulky furniture and personal items. Thoroughly clean everything and consider repainting rooms with a neutral paint color. Do maintenance in the yard to increase your curb appeal, keeping in mind that first impressions are very important in real estate. Keep your Loft clean and fresh and ready for showings at all times.

Advertise and market your Loft

Now that your Loft is ready for listing, talk with your agent about a selling strategy. Where will your Loft be listed? Consider creating a website or Facebook page, and spread the word to family and friends.

Review offers

Talk with your agent about having a plan in place should you get multiple offers. Review all offers that are made and be ready to negotiate.

Prepare for escrow

Once you’ve accepted an offer, work with your agent to get through the escrow process. This will include choosing escrow and title companies and preparing for the inspection, appraisal and final walk through. Be ready to make any necessary repairs. Make a plan for moving out.

While selling your Loft can be an intimidating process, it’s less stressful if you know what to expect. Use the to-do list above to help ensure that your Loft sale runs smoothly and ends with a deal that both you and the buyer will be happy about.




4 Common Types of Loft Loans

7 Jul 2017 · by Virtual Results PubSub

4 Common Types of Home Loans

Unless you’re planning to pay all cash, if you’re shopping for a Loft then it means you’re also shopping for a mortgage. Depending on your personal situation, some mortgages could be a better fit for you than others. Knowing which loan is the best choice for you can save you money down the line, so it’s important to be knowledgeable about what’s available. With that in mind, let’s take a look at four of the most common types of Loft loans.

Conventional Loan

As you can probably tell by its name, a conventional loan is the most common type of Loft loan. A conventional loan generally offers the best rates and terms and the lowest monthly payments. This type of mortgage has fewer requirements because it is not part of a government program, like the other loans on this list. Since it represents a greater risk, lenders usually require that borrowers make a sizeable down payment, have a steady income and a good credit score.

Who it’s for:

Conventional loans are a great choice for buyers who have saved up the money for the down payment and meet the other requirements outlined by the lender. If you find you’re in this position, be sure to shop around for your loan, as rates and fees can vary widely by lender.

FHA Loan

FHA loans are backed by the Federal Housing Administration, which is managed by the Department of Housing and Urban Development (HUD). These types of loans are insured by the government should a buyer default on the mortgage. The down payment for an FHA loan is 3.5 percent, and borrowers with less-than-perfect credit may still qualify. However, you will be required to purchase mortgage insurance, which will increase the overall cost of the Loft.

Who it’s for:

FHA loans aren’t just for first time Loft buyers. Anyone can take advantage of this loan program, and it’s great for those who don’t have a sizeable down payment saved or who have lower credit scores.

USDA Loan

USDA loans are available for buyers who live in rural areas. These loans are financed entirely by the government, which means no down payment is required. USDA loans also offer lower interest rates, but buyers will be required to purchase mortgage insurance, like with an FHA loan.

Who it’s for:

USDA loans are for properties in eligible rural areas, and borrowers must meet certain guidelines for their household income.

VA Loan

Finally, Veterans Affairs (VA) loans are available for those who have served in the military. Borrowers can secure these loans with no down payment and unlike FHA and USDA loans no mortgage insurance is required. There are strict guidelines about the type of Loft that can be purchased, and it must be your primary residence.

Who it’s for:

Veterans must meet minimum requirements for length of service in order to qualify for a VA loan. Spouses of those who died during service may also qualify. A certificate of eligibility will be required, although in some cases the lender can secure it for you.




How To Be a Good Neighbor During Renovations

5 Jul 2017 · by Virtual Results PubSub

Whether you’re renovating a Loft you just purchased, or you’re sprucing up your Loft in preparation to sell, there’s no denying that renovations can be a big job. And those big jobs can often cause big headaches, for both you and your neighbors. If you’re getting ready to start in on some serious renovations, here’s what you should do to keep the peace in your neighborhood.

Know the rules

Once you’re ready to begin your project, you need to first know of any bylaws applicable to your area. This can include regulations regarding noise, traffic and parking – all of which affect your neighbors. You’ll likely have restrictions on what times of day work is allowed. Be sure to follow them, or risk potential ire from neighbors who are being disturbed.

Get the proper permits

If you want to stay in the good graces of your neighbors, be sure to apply for and receive all the required permits for the work you’re doing. While getting permits can sometimes be a headache, it’s important to be on the up and up with your construction project — especially if you’re getting ready to sell your Loft.

Communicate your plans

Once you’ve secured your permits, it’s time to let your neighbors know your plans. You should definitely alert all of your neighbors who are in the immediate vicinity and may be impacted by the work. Let them see your finalized plans, particularly if your project requires demolition or a major addition. This will help your neighbors visualize and understand the work that will be happening. Let them know when work is beginning and expected to end, and take into consideration your neighbors’ schedules and lifestyles. Do they leave early for work? Do they work from the Loft? Do they have kids? Be sensitive to how your project will affect them.

Manage the work crews

While the work is happening, be sure to be in contact with your contractors and their teams. Know when they will be coming and going, especially if you’ll be living off site during the process. Make sure their equipment isn’t blocking the garage, ask that they keep the worksite clean and insist they follow all the local bylaws and regulations.

Have a plan for complaints

No matter how well you plan, things don’t always go as expected. You may get some complaints from neighbors along the way. Make an effort to respond to any reasonable complaints. If anyone is being unreasonable, you can refer them to the appropriate person in the city planning department – provided you are indeed following all the building requirements.

Don’t forget to say “thank you”

Once your renovations are complete, don’t forget to say “thank you” to all your neighbors. They will be just as happy as you are when the project is finished, and they deserve to be recognized for their patience and tolerance during the process.

Remember, renovations make last a few weeks or a few months, but your relationships with your neighbors can last for years. By being a good neighbor during the renovation process, you can help ensure you’ll have good standing in the neighborhood for the long term.




Why is Your Loft Not Selling?

23 Jun 2017 · by Virtual Results PubSub

Why is Your Home Not Selling?Has your Loft been on the market for quite some time with no offers? Have you been watching while other Lofts in your neighborhood sell within days of listing? Are you frustrated and worried that you may never find a buyer?

If you’re having trouble selling your Loft, it’s time to take a good look at what you’re offering. Here are common problems that cause Lofts to languish on the market.

Your Loft is priced too high

Even in a seller’s market, there are limits to how high you can price your Loft. Determining the best price for your Loft can be tricky. Enlisting the help of a real estate professional who is an expert in your market can be a huge asset. They will know what the comps are for your area and how your Loft stacks up to the competition. They will also be well versed in the market trends that are currently affecting housing prices in your area, and can adjust your asking price accordingly. If your Loft isn’t selling, examining your asking price is one of the first steps you should take.

Your Loft is in poor condition

If you want to get your full asking price, you need to pay special attention to the condition of your Loft. If your Loft falls short in any way from other properties available in your area, it could cause it to not sell. Are there improvements you could make to your Loft that would make it more appealing to buyers? This could include sprucing up your curb appeal, making cosmetic changes to the interior, and addressing repairs like holes in the walls or leaky faucets.

Your marketing materials need work

Many buyers do their first Loft searches online. This means that the photos you take of your Loft are the first things potential buyers will see. Your photos can either entice them to see more or turn them off. Take a look at your listing photos. Do they highlight your Loft’s best features, or are you leaving too much to the imagination? Consider hiring a professional photographer to shoot flattering photos of your Loft for your listing.

You haven’t depersonalized

When buyers walk into a Loft, they want to be able to envision themselves living there. That can be hard to do if you have too much personal clutter in your Loft. Buyers may not (and probably will not) share the same tastes as you, so it’s imperative you remove personal items and clutter before showing the Loft.

Buyers can’t see the Loft

Selling a Loft is an inconvenience to those currently living in it. But it’s an unavoidable price of doing business. If you make it hard for buyers to come see your Loft in person, it’s more likely to sit on the market. If you have renters, consider waiting until the renters have vacated before showing the Loft. If you are currently living there, be reasonable about allowing agents to show your Loft as necessary.

It could be the difference between selling your Loft quickly and for a good price, or waiting weeks or even months before you get an offer.




Selling a Loft As Is

12 Jun 2017 · by Virtual Results PubSub

Are the bathrooms outdated? Is it time to replace the furnace? If your Loft has issues, and you’re getting ready to sell, you may be dreading the repairs you have to make before putting it on the market. But what if you were to sell it as is? Meaning – what if you decide to simply put your Loft up for sale in its current condition, problems and all? If this sounds intriguing, read on to find out what to expect.

Understand the trade-offs

Maybe you don’t have the time or money to put into a long and costly renovation. It’s understandable. But you do need to know what the trade offs will be. If you would need to put several thousand dollars – or more – into fixing the roof or renovating a bathroom, you should expect to knock the equivalent off the price of the Loft.

In addition, some lenders require that Lofts meet minimum requirements for health and safety standards. If your Loft does not meet them, than anyone needing a mortgage will not be a prospective buyer. You’ll be limiting the pool of buyers to only those who can pay cash.

Make the required disclosures

When selling a Loft as is, you need to be upfront about all the known problems with your Loft. In fact, you are legally required to make those disclosures, which will vary from state to state. The problems will be discovered when the buyer completes a home inspection, so be sure that all contracts clearly state the property is being sold in as is condition.

Know how to handle low offers or requests for repairs

Since an as is property is most likely going to appeal to investors looking to renovate and flip or rent the Loft, be prepared to get some lowball offers. Remember – investors will want to make a profit from their efforts. Don’t take it personally. Know what your lowest price is and be prepared to counter.

Also, if a home inspection uncovers issues that were not initially disclosed, a buyer may make requests for repairs or compensation. If you do not agree to them, they are allowed to walk away and have their deposit returned. You’ll then be required to disclose those additional issues discovered during the inspection to any new buyers that make an offer.

Keep the Loft clean

While you may not want to pour money into professionally staging your as is Loft, you should at the very least keep it clean and neat. This includes maintaining the yard and keeping the Loft ready for viewings. It will make a better overall impression and increase your chances of getting an offer you feel comfortable accepting.

While selling an as is Loft is not a piece of cake, it isn’t an insurmountable challenge. By knowing what to expect before you begin the process, you can sell your Loft for a price that both you and the buyer can be happy about.