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Back to Normal

It's no secret that the COVID-19 Pandemic created challenges for homebuyers, sellers and their agents! For instance, property showings were limited to only 15-minute windows with competing buyers lined up before and after you to tour the same property.

During the shutdown, buyers who wanted to view a home had to sign waivers and disclosures and were allowed very limited time inside the property. They were forced to make a decision and/or an offer with very little time imagining their families and furnishings in this new space. The competition was fierce for single-family homes as everyone sought a safe outdoor sanctuary with big backyards. 

As we continue to slowly ease out of the pandemic mindset, what we're beginning to see now is the real estate market gradually returning to normal. Open houses are more relaxed and welcoming events again, where buyers can stroll through the property at a leisurely pace, and potentially see a property multiple times. At the same time, the market for quality homes remains competitive and many buyers are worried about escalating interest rates later this year and next year, so it’s important for buyers to act quickly and decisively if they find a property they really like. We're here to guide you along the way, and help make your home buying or selling journey as smooth a ride as possible.


Best,

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Success Story
 

We recently represented the sellers on a property in Playa Vista on Bluff Creek that was listed at a competitive price, but then sat on the market for about five weeks before offers began rolling in. Our years of experience and data-driven approach that helped us secure a winning asking price for the seller with a very time-invested buyer. We put the home on the market at a time when there was extreme volatility.  Although multiple buyers were interested, none of them were pulling the trigger on an offer.  While other agents might have suggested dropping the price, we encouraged the seller to stay firm.  

We were able to secure a buyer who visited the property multiple times and knew the home was exactly what they were looking for, which helped us lock in a price and terms better than what we had originally anticipated! With patience and persistence, we helped land the sale at a good price for the seller. This sale is a win-win for everyone, and we are proud of our team's tenacity in bringing it home. The transaction was seamless due to our expertise.  In the face of adversity or market volatility, our team doesn’t cave.  We have the insight and acumen to know when to push back and give the right advice to our clients.  We are patient, and that is what ultimately allows us to achieve great results for our clients.  

What We’re Reading
 

Mansions across Los Angeles are selling for record prices, even when the asking price is reduced on a hot pink mega mansion! Celebrity actors, actresses and producers are taking advantage of a hot luxury market. You will recognize these names, read here to learn more.

Contact Us
 
Dennis Hsii, MBA
Dennis@HighlandPremiere.com
Mobile: 424.248.9510
Broker DRE #01919746
Vivian Yoon                                
Vivian@HighlandPremiere.com
Mobile: 310.743.9383
Broker DRE #01925833
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Copyright © 2022 Highland Premiere Real Estate, DRE# 02014153, All rights reserved.


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