Seeley, Home Seller in 90064

What's the average listing-to-sale time in zips 90064, 90066?

Asked by Seeley, 90064 Tue May 26, 2009

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2
Richard "RJ"…, Agent, Beverly Hills, CA
Mon Sep 13, 2010
Hi Seeley,
On average, approx 4 months. If the property is priced "right" or aggressively, then it is getting offers within the first week, but others that are trying to push the market upwards without much success are taking much longer to sell and are eventually reducing their initial listing prices. I would be happy to meet and talk about the selling of your home... Always happy to assist.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills East
9388 Santa Monica Blvd, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0670 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
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Keith Sorem, Agent, Glendale, CA
Wed May 27, 2009
Seeley
Average Days On Market is about 100. However, your profile says you are a home seller.

If you are selling your home with a REALTOR, ask them to provide you with the number of homes like yours that, since your property hit the market, have:
Come onto the market
reduced their price
entered escrow
sold
expired.

The truth is that home that sell first usually sell for closest to asking price. The longer a home sits, the greater the gap. In your area, that means if the homes sell in a month, they average about 98% of asking. At 120 DOM that drops to about 93%. With home values declining about 1% per month, there is no value in pricing a home above market value.

The best way to get market value is to UNDER PRICE the home and start a bidding contest.
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