#KeriTV - Getting “REAL” about real estate

Despite the ongoing pandemic, the #LosAngeles real estate market is red hot. Competition is as high as its ever been and prospective home buyers are having to face some serious competition during bidding wars.   With so much competition, how do you get the winning bid? While there are never any guarantees, there are certain strategies you can implement that can help your offer stand out above the rest. This #KeriTV episode provides six tips and strategies that can help you get the winning bid on a home in this crazy Los Angeles real estate market!

The thought of tearing down your home and rebuilding it can be scary. Luckily, the real estate market is filled with professional services that can make daunting tasks become that much easier.

 

The homeowners at 1059 S. Plymouth decided to take on the challenging task of tearing down and rebuilding their home with new replacement builder service Thomas James Homes. In a matter of a few months, this home was entirely rebuilt not only making the home much more beautiful but increasing the property value as well.

 

If you are frightened of tearing down and rebuilding your home, the journey of 1058 S. Plymouth may put you more at ease.

Every day it seems like new services are introduced into the #realestate market. The latest service taking the Los Angeles real estate market by storm is Thomas James Homes.

 

For those unfamiliar, Thomas James Homes is a new home replacement builder service. Thomas James Homes clients can build on a lot they own, purchase a showcase home, or build on one of the lots Thomas James owns across the state of California. Thomas James Homes' luxury designs are truly revolutionizing new home construction.

 

Watch this week’s episode of #KeriTV for a sneak peek of a recent closing in collaboration with Thomas James Homes! Stay tuned for this Thursday's video to see the entire process!

 

As a home buyer or seller, you may come across a situation where you are involved in a multiple offer setting. So, what exactly happens when multiple home offers are submitted? As a realtor, I am involved in many multiple offer situations. I was recently involved in a multiple offer for a luxury condo in Century City. Four days after listing, we had received nine offers on the property. How are multiple offers handled? How is the winner selected? Watch this podcast of #KeriTV to find out!        

The #LosAngeles real estate market is more competitive than ever. This is in part due to low inventory. Properties in Los Angeles are going quickly and usually over the asking price. If you're a buyer, you may be asking yourself...how can you compete? Luckily, there is a new trade-in program that is shaking up the real estate industry and can provide the competitive advantage you may need to purchase the new home you desire. If you are a buyer that is relying on selling your old home to purchase a new home, you no longer have to wait to sell it to buy your new home.

2020 taught us a lot about the Los Angeles housing market. To start off with the good, interest rates continued to decline last year and are still in decline as of today. To provide some perspective, interest rates were 3.7% in January 2020 and are currently 2.7% in January 2021. Remember that a low interest rate environment is great for homeowners because it reduces your monthly mortgage payment.

The not so good is that Los Angeles is currently in a housing crisis. What does this mean? It means there are more people than available housing.

Watch this week’s full episode of #KeriTV to learn more about the current Los Angeles housing crisis!

We just completed another closing amidst the coronavirus pandemic in Los Angeles. This time, the transaction took place in the booming Jefferson Park area near University of Southern California (USC). The home is actually located in a HPOZ which is a Historic Preservation Overlay Zone. HPOZs are designed to keep the area's historical culture. After some back and forth, we managed to get a price reduction of $870,000 plus a credit in a highly competitive market which is quite the feat. At a time when home demand is increasing and supply is declining in Los Angeles, it is safe to say these buyers managed to get quite the baragin. Watch this week's full episode of #KeriTV to learn how we managed to get these clients an amazing deal and take an inside look of this beautiful #LosAngeles home in #JeffersonPark!

 

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The Los Angeles real estate market is experiencing massive growth and beginning to hit pre-covid numbers. On the Westside alone, we just had our largest number of new listings hit the market for single family homes with a total of 43 new listings and 39 new condo listings. The number of properties currently in escrow has also increased more than it has in the past three months totaling 21 properties. It is safe to say, the #LosAngeles real estate market is alive and well despite the pandemic. #California as a whole is also experiencing unprecedented growth in showing activity going up 56% in comparison to July of 2019. For individuals that were hesitant to buy or sell during the COVID-19 pandemic, the real estate market is alive and well. To learn the latest real estate market updates happening in Los Angeles and California, watch this week's full episode of #KeriTV!

To learn more about me and view my listings, connect with me on social!

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The #quarantine lockdown has changed the way the real estate market conducts business. From virtual tours to electronic offers, Californians have had to quickly adapt to the stay-at-home quarantine mandate as a result of COVID-19. But with recent talks of a “new normal”, there is no telling when things will go back to the way things were pre-coronavirus if in fact they ever do.

The following methods and practices are the type of things we are currently doing to make sure we are adhering to state and county guidelines during quarantine. For buyers, face-to-face consultations have changed to video consultations via Zoom, Google Chat, Facebook, or whatever your preferred video meeting software is. For sellers, virtual tours have replaced physical in-person open houses.

To learn more on how you can buy and sell properties during quarantine, watch this week’s full episode of #KeriTV!

 

Learn more about me and view my listings, connect with me on social!

Instagram: https://www.instagram.com/keriannkeriann 

Facebook: https://www.facebook.com/Keriwhiteteam1 

LinkedIn: https://www.linkedin.com/in/keriwhite1 

Buying or selling a home can be stressful - add in a global pandemic, and you’ve reached a whole new level of stress. From stay-at-home orders to virtual home tours and inspections, real estate transactions are not what they were just a few short months ago.

There is a “new normal” when it comes to real estate transactions and to get through yours successfully you need an agent with experience economy.

What IS experience economy? Find out today on an all new episode of #KeriTV!

 

To learn more about me and view my listings, connect with me on social!

Instagram: https://www.instagram.com/keriannkeriann 

Facebook: https://www.facebook.com/Keriwhiteteam1 

LinkedIn: https://www.linkedin.com/in/keriwhite1 

Pinterest: https://www.pinterest.com/kawhite73/