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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.




Dealing With Seller’s Remorse

6 Oct 2017 · by Virtual Results PubSub

Buyer’s remorse is a fairly common occurrence, happening when someone makes a large purchase, such as a Loft, and feels regret afterward. But have you heard of seller’s remorse? It’s also normal for those selling a Loft to feel regret or anxiety stemming from their impending Loft sale. If you’re starting to feel seller’s remorse, here’s what you can do to deal with it.

Prepare emotionally before the sale

Seller’s remorse often happens when a seller feels an emotional attachment to a Loft. It’s understandable, given that your Loft is where your life happens and you likely have many memories of happy times in that place. If you want to avoid seller’s remorse, start emotionally preparing for the sale now. Make a list of why this Loft isn’t perfect for you at this time, and why you need to move on. Allow yourself some time to grieve for what you’re leaving behind. That’s a totally normal response. If you have the luxury of time before your sale, start the process of letting go early on.

Know your reasons for selling

You’re more likely to experience seller’s remorse if you don’t have solid reasons for moving. This could include feeling like you should sell now because the market is hot, or thinking you should downsize because friends your age are doing it. If you don’t have a compelling reason to sell, you might get cold feet when it comes time to sign on the dotted line. On the other hand, if you’re selling because you need more space, you’re relocating for a new job or your circumstances are changing due to a divorce, you’re far less likely to experience remorse. Even if you do feel pangs of regret, your reasons for moving will allow you to proceed more confidently with the sale.

Focus on your future

It’s tough to say goodbye, especially if you really loved the time you spent in your Loft. If you’re feeling blue, remind yourself of what lies ahead. Focus on the positive aspects of your future. Start researching your new neighborhood and make plans for your new living space. Find reasons to get excited about the next chapter of your life. Remind yourself that your feelings are going to be strong during the selling process, but will settle down once the sale is complete and you’ve moved on. And remember that your feelings are completely natural.

Work with an agent you trust

One of the best ways to help alleviate seller’s remorse is to work with a real estate professional that you trust. Your agent is your partner and your advocate and can help you navigate the complexities of the selling process. Unlike you, they will be able to maintain an emotional detachment and treat the sale like a business transaction. Working with someone you trust means you have someone who will help you make tough decisions, and who will also be compassionate about your feelings, having worked with many sellers in the past who have gone through the same things.

Remember, seller’s remorse is a common reaction to the Loft-selling process. By doing your emotional homework and focusing on the future, you can get through this trying time and leave your old Loft behind without any lasting regrets.