At first blush, the idea of listing your Costa Mesa house during today’s emergency conditions would seem impractical—but it turns out to be entirely doable. There are even some plusses.
Some sellers apparently agreed. Last week’s Forbes magazine offered an interesting view from one area where home sales rose significantly in March. A local agent there realized a human dimension that seemed to be affecting clients during this period. As people spent more time at home than ever, they were also appreciating how important having the right home base really was. As the agent observed, “I can’t think of a time when people around the world have depended on their homes more completely than they do right now.”
One usual concern that might disappear has to do with the “Days on Market” number. The DOM listing figure is commonly regarded as a negative. Even if current conditions result in fewer prospects appearing, the resulting greater DOM would usually signify a property that’s less appealing. In normal times, it’s easy for buyers to imagine that the seller might be growing impatient (and perhaps willing to settle for a low-ball offer).
In the current situation, though, the negative power of DOM is likely to lose its punch. If July’s buyers see a “90 Days on Market” attached to an otherwise appealing listing, they’re unlikely to assume a problem with the property. The overriding problem was certainly COVID-19! For Costa Mesa homes that were listed during the pandemic, the DOM number might as well have an * by it
There is also a high likelihood that potential buyers with extra time on their hands will be spending more time browsing through the Costa Mesa listings. As people prepare for the resumption of business as summer approaches, having your property’s virtual tour online during this period is the best way to capture their interest—for immediate follow-up, or for later, when restrictions ease.
Call us for details on ways to create listings that capitalize on today’s unique market!
We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at firstname.lastname@example.org