What You Can Learn from your Neighbor’s Home Sale

Your neighbor’s home selling in California can teach you a significant amount about your future sale.

Seeing a big “Sold” sign out front of your neighbor’s house could spike quite a bit of jealousy, particularly if you’ve been thinking of selling your home. In reality, seeing your neighbor’s home sell should make you happy! Your neighbor’s recent sale can teach you plenty about your own home selling in California.

Here’s what you can learn from your neighbor’s home sale!

  • It can determine your timeline. Did the home sell in just a few days? Did it spend months on the market? Take note of how long your neighbor had the “For Sale” sign out front and you’ll be able to get a better idea of how long it might take your home to sell. Plus, if the sale was quick, it probably means that the buyer interest in the area is high – meaning now is a good time to list your home!
  • It can help you locate a starting price. If your home is similar to your neighbor’s, you can get an idea of what price your home will list as. At the very least, you can use it as a starting point when trying to pick a list price for your house. Even if it wasn’t very much like your house, it can still help you know what has the potential to sell successfully in your neighborhood.
  • It can help you figure out where to focus. Release the inner nosy-neighbor in you – attend your neighbor’s open house and pay attention to what’s wowing potential buyers. For example, if people are loving the back garden, it may be worth touching up your own outdoor areas.

If you’re desiring a “Sold” sale sign outside of your house, your neighbor’s home sale can help you to get there, believe it or not! As you prep your house for sale and search for your new home, contact Eastland Escrows for a streamlined escrow process! Our trusted professionals service Covina and the surrounding areas in California with quality escrow services.

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