I'm Planning on Selling my Glendale Home. Where Do I Go Then?

If you plan on selling your home on the Glendale real estate scene, what’s the best way to get started? You may be moving to a new city, downsizing, or upgrading to a larger home. Regardless of your reasons for reselling, it's essential to have a plan in place for what comes next.

One of the first things you'll need to consider is where you want to go next. Are you looking to stay in the Glendale area, or are you ready for a change of scenery? If you're staying in Glendale, start looking for a new home right away. Alternatively, if you're moving to a new city, you must research the area to find a neighborhood that meets your needs and preferences.

In this blog post, we'll explore some of the most important steps to keep in mind when selling your Glendale home and figuring out where to go next. We'll discuss location, finances, and preparing for listing for success. Read on for everything you need to know, along with some practical tips to help you navigate this exciting new chapter in your life.

First things first, where are you going? Staying in Glendale is a solid choice, but if it's time for a change of scenery, you'll need to begin your search early to find the right community.

If moving outside of California is your next step, research the local market. Research local luxury real estate tax laws and consider the current interest rates before making a firm decision. Compare homes on the market in terms of age, condition, selling price, and days on the market. The more informed you are, the easier your transition to a new locale will be.

Another factor here is deciding what to look for in your new home. Are you upgrading, downgrading, or looking for the same luxury features in your current property? Whatever your future vision looks like, listing your desired features is crucial. Consider making a list with categories of must-haves, negotiables, and must-not-have property traits. The sooner you get started on this list, the more time you will have to specify your search with an agent.

Once you've decided where to go and what you are looking for, it's time to prepare your finances for the sale.

Selling and purchasing simultaneously can be tricky. You'll need to prepare your finances and have a plan ahead of time. Most sellers plan to use the money from the sale toward the new home; however, timing is everything in a competitive seller's market.

The options are relatively easy once you understand them. You can sell your Glendale home before purchasing or buy a new home before selling. If the closing timing works out, you can also arrange for the sale and purchase to occur in the same transaction if you can get the stars to align.

Regardless of which is the best option, there are a few ways to make a seamless transition. Option one is a rent-back clause in the PSA or purchase agreement. This is an excellent option if you're selling before purchasing, as you would be able to “rent back” your home from the new owner for a specified length of time. This option will still provide access to the money from the sale while giving you more time to find a new place and get moved in. It's understandable if this isn't the right option for you, though. It can be messy to keep one chapter open while starting a new one. Also, many buyers will shy away from the rent-back clause. In that case, selling first and finding a temporary place to live in the meantime is a more viable choice.

Sometimes, delays in real estate are unavoidable, and that's when a contingency sale can be a lifesaver. When you must sell before closing on a new home, clauses in the contract with this provision allow the deal to move forward only after you've moved to a new place. There are variations of contingency sales, but your agent can provide tailored guidance here.

The very last (but hugely important) consideration when preparing for the sale is, of course, coming up with a budget. Real estate transactions include inspections, luxury staging and photography, landscaping, unexpected repairs, and closing costs. Because these costs can add up fast, it's essential to allocate some extra funds ahead of time.

Once your finances are in order and you've made a decision about how best to proceed, it's time for the fun part: preparing for listing on the Glendale real estate market. A great listing is synonymous with a great first impression, and a great impression depends on a blank canvas.

To create a blank canvas in your home, update the landscaping and maintain a clean exterior for enhanced curb appeal. Hire a professional cleaning and organizing company to remove any personal items and present a pristine living space free of clutter, dust, and grime. In addition, update the interior paint and fixtures, and complete any minor repairs to make sure your home is in top shape. It’s also essential to work with an agent for luxury staging and art curation for the finishing touches that set a tone of elegance.

Another optional step is to have a pre-listing home inspection completed. While this isn't required, it can identify any issues ahead of time and avoid a surprise during the sale that could hold up the transaction.

Real estate transactions hinge on the relationship between the seller and the agent. In a competitive market, the last thing you need is an unreliable relationship with your agent. An agent who is slow to respond or reliant on outdated marketing tactics is unlikely to bring the best price or negotiate skillfully on your behalf.

To find the best agent, look for these qualities:

If you’re ready to sell Glendale real estate, you don’t have to look far to find a skilled real estate agent! Contact Andy Hairabedian of The Hairabedian Group for trusted guidance throughout the entire process.

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