As a full-service Los Angeles real estate firm, we handle remote transactions for clients on a routine basis. In fact, some of our clients have found us from across the country, by searching for “real estate agent 90036,” or “sell a property in 90048 zip code.” There’s a big difference between selling a home and selling remotely. A remote sale necessitates a coordinated and effective team of local professionals that can smooth the selling process for you.
Why Sell Your Home Remotely?
There may be a number of reasons why you may choose to sell your home remotely. Perhaps a family member has recently passed, leaving you tohandle their estateand affairs. While certain aspects of handling a deceased parent’s estate may require your physical presence in Los Angeles, others can be handled without setting foot in the City of Angels.
And, while visiting Los Angeles, or spending some time here can be a welcome prospect for some, what with so many things to do in Los Angeles, we realize that it may not be the right time to do so. If you are familiar with Los Angeles traffic, you know that getting around the various neighborhoods, running errands can be difficult and, at time, unpredictable. Doing so during an emotional time in one’s life can be particularly daunting and disorienting.
Selling Your Home As Part Of Work Relocation
Another common reason for selling your home remotely is you have relocated outside of Los Angeles for work or other reasons. For clients need to move in a rush, placing the home on the market, hosting open houses, evaluating offers, and going into escrow may be more that they have the time or the energy to take on. Add to that the burden of finding a new home at their new destination, and the prospects of selling a home “remotely” becomes ever more appealing. Fortunately, our real estate team is here to assist you through the entire transaction.
What Types of Properties Can Be Sold Remotely?
When you look for a realtor to handle the sale of your Los Angeles property remotely, there is a misconception that Realtors only handle residential properties. As a full-service Los Angeles real estate firm, while residential, single-family homes are very common, we assist our clients with a wide variety of properties, both on the purchase and the sale side. Once we connect with the client and sign the listing agreement, we are able to handle the most time-consuming aspects of the sale remotely.
Below are just some of the types of real estate transactions we are able to assist with:
- Condominiums, townhomes, and apartments for sale
- Properties inprobate
- Historic homes
- New construction
- Homes withADUs
- Properties with multiple owners, due to inheritance, partnership, or a real estate trust
- Single-family properties
- Multi-unit properties, such as duplexes, triplexes, and apartment buildings
- Income properties
- Tenant-occupied properties
- Owner-occupied properties
- Vacant properties
- Commercial properties
Find Out How Much Your Home Is Worth
Regardless of the type of property you own or inherit, the first step you will want to take is to find out how much it is worth. There are several ways to do this:
- Use an online estimator tool
- Hire a professionalappraiser
- Contact us for aprofessional estimate. Unlike online estimator tools, our property value estimates are calculated individually by an experienced, local Los Angeles real estate professionals.
- Once you have a solid idea of how much the home is worth, you can begin the process of preparing it for sale.
Speak With A Tax Professional
Depending on your situation, there could be tax implications — positive or negative — when selling the home. Among the many factors that could influence the tax implication are: the date you sell, when you purchased and if / when you last lived in your home. For instance, it is possible that selling your home will result in a loss, which could help your taxes, but you want that loss to happen in the next tax year. Conversely, if you’re looking at a gain but you lived in the house in recent years, you might save on taxes by selling your home within a certain time frame. Speak with your CPA or a tax professional when planning the sale.
Remote Closing: Do Home Buyers Need To Be Present At Closing?
When you consider selling a Los Angeles home remotely, you may be wondering whether you need to be physically present atclosing. Rapid advances in technology have made remote closings routine for sellers and often quite feasible for buyers. The majority of the paperwork required for closing can be handled electronically and/or by mail.