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90290 : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling1
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Activity 5
Fri Feb 24, 2017
NewYorker in SF asked:
Wed Jun 11, 2014
BeeKeeper answered:
Hi - we are planning a move to LA in Jan 14 and looking for potential areas to live. We have 3 children who will be in High School, Middle School and Elementary at this time. My husband will be working in office at Santa Monica Airport. So….how is the commute from Topanga? assume top end, what advice can you give us…schools, areas etc. Thanks ... more
0 votes 4 answers Share Flag
Mon Jul 22, 2013 answered:
Hi Marq, I suppose you're trying to figure a budget.

Basic finishes.
$300 SQ FT
Of course, you can go cheeper by hiring unlicensed subs and using sub-standard materials.

Site Prep is the killer. What type of reports do have in hand? soils?
Water and electric on site is a nice start.
I'd start with a good local architect (not builder). Talk only to pros with solid experience in LA County. Ask for references and check them.
For $250 -$500 an architect will give you basic idea of the site limitations.
If you decide to pull the trigger ask your architect to refer three GCs.
Be honnest with your GC about budget. Take his advice. Limit change orders. Select and order materials in advance. Pay suppliers on time. Be on site frequently. Time is $$$.
Again, work only with crews who have verifiable experience in LA Co.
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Tue Nov 16, 2010
Dan Tabit answered:
Great photography is critical at any price point. You need to draw in a potential buyer and create an atmosphere which is inviting and creates value in excess of your asking price.
As others have said however, the best pictures won't bring a buyer if you are overpriced, so the buyer has to see value at your price point.
1. Price,
2. Exposure
3. Staging
4. Marketing materials, flyers, virtual tours.
5. Ongoing market knowledge.
Ongoing market knowledge is critical in knowing what the competition is, what is selling and why and what is sitting. I tour comparables in my market for my listings regularly to make certain we are well priced, marketed & staged. If you need a referral, let me know. I have good contacts in San Diego.
... more
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