Victoria, Both Buyer and Seller in Beverly Hills, CA

1bed/1bath condo in 90211 not selling.

Asked by Victoria, Beverly Hills, CA Sun Jan 25, 2009

Recently took it off the market, would it be worth listing it again in the spring? Is anything selling at the moment? Is it worth listing it or am I best off waiting?

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Answers

11
I'll be happy to help you sell your property quickly!

Please feel free to call me 424-777-9377 - i'll be happy to help you out.




Thank you for your time.


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.



Sergey Fednov

President - Realtor®
- Trust Sale Realty -

Residential & Commercial Real Estate
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Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925
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5 votes Thank Flag Link Wed Apr 11, 2012
Dear Victoria,
This is a difficult market, but property is selling now and many properties have multiple offers on them.
Its critical to do an accurate CMA of your neighborhood so that your condo is selling for a price about 15% below your competition.
1 vote Thank Flag Link Sat Feb 21, 2009
When a home does not sell...it comes down to either Price, Product (your home) or Pitch (the marketing.) In my experience, price is usually the reason, followed closely by marketing. Homes are selling in your zip code.
Web Reference: http://www.cindihagley.com
1 vote Thank Flag Link Sun Jan 25, 2009
Cindi Hagley…, Real Estate Pro in San Ramon, CA
MVP'08
Contact
Things are selling in Beverly Hills. Your problem is that you are trying to sell a one bedroom one bath. Most buyers of condos prefer 2 bedrooms and at least 1.5 baths. Your pool of buyers is very small. I have worked in Beverly Hills for almost a decade. If you would like to call me please do. You will need an aggressive selling strategy. As far as taking it off the market and putting it back on again, the realtors that work that area will remember that it has been on before and you might find it hard to get them to come and take another look unless you can convince them something is different. Connie
0 votes Thank Flag Link Mon Apr 25, 2011
Your listing agent should be providing you this advice. Virtual answer not your benefit many more question(s) need be answered.

Buyers usually don't search for homes during the holiday season they are focused in other activities.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Tue Dec 28, 2010
Traditionally, I find that the best time to sell your home is during the summer. However, the main reason why properties do not sell is Price. There is a quick, free, easy way to see if you are competetive with today's market. I can offer detailed CMA to give you most accurate figure. I do this for my clients all the time. Then you can make a solid, educated decisions. I am here to help and offer my servie to you free of charge. Thank you and best of luck.

Henry vega
323-833-6466
henryvega@rodeore.com
0 votes Thank Flag Link Tue Dec 28, 2010
Victoria, Condominiums are selling in Beverly Hills, the only difference is you have to correctly position the Condominium in our current slower market with proper pricing and proper Marketing strategies. There are buyers out there who are as knowledgeble about the inventory as the Agents, hence it is critical that the Condominium is show in its best light.
Web Reference: http://www.endrebarath.com
0 votes Thank Flag Link Tue Mar 17, 2009
Hi Victoria,

I completely agree with Cindi - pricing and product are essential.

If you haven't done so already, have a heart to heart chat with an agent to analyze in detail what went right and wrong with your listing. The good news is that real estate is still selling on the Westside and you'd be smart to get your property back on the market. This time, make the necessary changes to ensure that your price is right and your marketing efforts are on point. Insist on weekly feedback from your agent and be open to market changes as the industry is definitely volatile right now.

Good luck with your home and please contact me for any additional information.

Lezlie Brazil
Keller Williams Realty
T 310-991-4263
F 310-861-0207
E lezliebrazil@kw.com
Web Reference: http://www.lezliebrazil.com
0 votes Thank Flag Link Sun Jan 25, 2009
Victoria
Who says that condos are not selling. According to Trulia 142 homes recently sold.

So the real problem is that YOUR home is not selling. So, what could the problem be....
Hm....... Value perhaps?

If other homes are selling, then I would ask the last Realtor that listed it why it didn't sell. If they don't have an answer, then if you like I will refer you to a REaltor that will sell your home.

Remember, it's not how much your paid, how much you owe, or how much you invested....it is what a willing and able buyer will pay.
0 votes Thank Flag Link Sun Jan 25, 2009
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
Hi Victoria,

The most important question is, why do you want to sell? Noone knows the future, but most forecasts agree that prices will continue to fall. What reasons did your previous agent give for your home not selling? Did you meet on a regular basis to discuss activity in your area? Did you take her/his advice on price? What type of marketing did your agent do? Did you have any offers? Average number of showings per week? What percentage of comparable listings sold while yours was on the market. When you answer these questions you should get some clarity.

If you still want to sell, I'd get your property on the market ASAP!

Karen Miller
Century 21 Beachside
(562)756-4144
0 votes Thank Flag Link Sun Jan 25, 2009
Hi Victoria, a Comparative Market Analysis (CMA) gives you the best representation of market value, activity, and price trend direction - for the specific property details you search on. DO NOT rely on median and average-based statistics, these measures are meaningless for targeted selling/purchasing as they have no regard for any of the specifics your property may have and can be skewed by segments of market activity not matching your individual situation. Request a CMA from a Realtor to arrive at the price that would likely attract a buyer.

Best, Steve
0 votes Thank Flag Link Sun Jan 25, 2009
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