When you’re selling a condo or loft in Downtown Los Angeles, your real estate agent will let you know how much it’s probably worth on today’s market – but if you’re like many buyers, the number will surprise you.
It’s not that you don’t know how much your home is worth. It’s that you’ve lived in the home, you know what you paid for upgrades and improvements, and you know what you paid for it.
And many people attach a dollar figure to sentiment.
Don’t make the mistake of counting sentimental value as monetary value when you’re selling your home – you could end up overpricing it, which is a decision you’ll come to regret if you really want to sell.
Related: Common pricing mistakes people make when listing a condo for sale in DTLA
Selling Your Home? Leave Your Emotions at the Door on Pricing
Even if you love your home and you’re sorry to sell it, leave your emotions at the door when it comes to pricing.
If you price your home too high, the right buyers won’t even see it. (Most buyers filter out home searches by price, and if yours isn’t in the right range, the right people won’t even see it. Instead, people who can afford it will compare it to other homes in their price range, and yours will end up coming up short.)
Related: The consequences of setting the wrong price when you sell your condo
Are You Buying a Loft or Condo for Sale in DTLA?
Call us at 213-254-7626 or get in touch with us online to start exploring your options when you want to buy a loft or condo in downtown Los Angeles.
While you’re here, check out our:
- DTLA Arts District lofts for sale
- Historic Core lofts for sale
- DTLA Little Tokyo lofts for sale
- Bunker Hill lofts for sale
- City West lofts for sale
- South Park lofts for sale
- Fashion District lofts for sale
- Financial District lofts for sale