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Updated almost 8 years ago on . Most recent reply

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Disi Zhao
  • Investor
  • Chula Vista, CA
0
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4
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ideas on Selling my rental

Disi Zhao
  • Investor
  • Chula Vista, CA
Posted

Greetings everyone, 

Trying to sell my rental in the a couple of months. Should I stage the home? also, any good idea or method to get the most accurate market price? I have MLS access. Thanks in advance!

Most Popular Reply

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Paul Hitchings
  • Alhambra, CA
78
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Paul Hitchings
  • Alhambra, CA
Replied

A home will sell best if it is clean, in good condition, and vacant. Staging might help impress or catch a buyer or two, but in general the market conditions affect home price more than that fake bed does.

If you want the most accurate price, get a good appraiser. Realtors can do comparative analysis for price, but appraisers are better at it (usually). 

If you really want the best sales price, you have to get buyers to compete for your home. 

Consider spending a little money to make sure it has some fresh paint, good landscaping, everything is spotless and working.  Don't sell a home with dirt in the front yard and cracked stucco and expect "the best price".

PS - Super bonus tip, shoot a YouTube video of the home and around the neighborhood showing how nice of an area it is to live in. Get a local HS or college student to make the video(s) for like $150. Trust me, I did it for a $1M listing and it worked like a charm :)

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