Ignite FB Tracking PixelShould You Accept an Offer to Purchase Your California Luxury Home? - Rachel Tavarez Realtor
Should You Accept an Offer to Purchase Your California Luxury Home?

by Rachel Tavarez Realtor 01/06/2019

If you receive an offer to purchase your luxury residence in San Francisco, Cupertino or any other California city or town, you may have only a limited amount of time to make a decision about this proposal. Ultimately, it is important to make an informed decision about how to proceed with an offer to purchase your Golden State luxury home. And in some instances, it may be beneficial to accept an offer to purchase and move forward with a home sale.

Now, let's take a look at three reasons why a California luxury home seller may choose to accept an offer to purchase his or her residence.

1. The offer to purchase meets or exceeds a home's initial asking price.

If you receive an offer to purchase at or above your California luxury house's initial asking price, you may want to accept the proposal. This likely will allow you to earn a profit from your luxury home sale, regardless of whether your residence is located in San Diego, Sacramento or elsewhere in the Golden State.

Before you set the price for your California luxury home, it may be a good idea to conduct a property appraisal as well. If you have an appraisal report in hand, you can analyze a property valuation for your Golden State luxury house. Then, you can set a competitive initial asking price for your California luxury home, which may make your residence an attractive option to dozens of potential buyers.

2. The offer to purchase allows a seller to enjoy a fast property selling experience.

If you want to sell your luxury home in Los Angeles, Santa Monica or another California city or town as quickly as possible, you may want to accept an offer to purchase. This will allow you to speed up the property selling journey.

Of course, there is no reason to settle for a "lowball" offer to purchase your California luxury home. If you review the Golden State luxury housing market closely, you can set a competitive price for your residence from day one. And as a result, you may be better equipped than ever before to enjoy a quick, seamless California luxury home selling experience.

3. The offer to purchase accounts for your home's age and condition and the current state of the real estate market.

If you believe an offer to purchase your California luxury home accounts for your house's age and condition and the current state of the real estate market, you may want to accept the proposal. By doing so, you can take solace in approving a "fair" offer to purchase.

Lastly, if you are preparing to sell a luxury home in California, you may want to hire a real estate agent. This housing market professional can help you weigh the pros and cons of any offer to purchase, at any time. As such, he or she will help you enjoy a fast, successful California luxury house selling experience.

About the Author

Author
Rachel Tavarez Realtor
I have had the pleasure of working with Sellers, Buyers and Investors since 2002. The rules of real estate are always changing. Whether you are Selling, Buying, Investing or behind in your mortgage payments, I would be glad to explain the new rules. As a Realtor, my responsibility is to provide information regarding market trends, inventory, financing and negotiate for my clients. I follow the market closely and am ready to inform my clients with up-to-the-minute information. My main objective is to be professional, courteous and have a smooth transaction by working closely with my clients while on "their" real estate journey. Referrals are always a sign of success. I believe referrals have to be earned -- that is my ultimate goal. Prior to becoming a Realtor, I was a Vice Present and Compliance Officer at a Los Angeles based private investment management company representing high net-worth individuals. I also believe that helping others in need is very important. I am a volunteer for the Shelter's Right Hand, which serves as a non-profit auxiliary of the Women's and Children's Crisis Shelter, Inc. which provides emergency and support services to Victims of Domestic Violence and their children. Visit their website, sheltersrighthand.org for more information. Please contact me by phone, e-mail or text to discuss YOUR real estate solutions. I look forward to meeting you. Have a pleasant day.