If you need to sell your house fast in Los Angeles, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. HomeLight’s Simple Sale platform connects you to the largest network of cash buyers in the U.S. We use the information you provide about your home plus local neighborhood data to get you a great cash offer, allowing you to close in as little as 10 days. Simple Sale saves time in other ways since clients can skip repairs, home prep, and showings while still receiving a strong offer from our network. HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.6 stars on Google based on more than 500 user reviews. While it may be one of the fastest ways to find a trusted buyer, Simple Sale isn’t your only option for selling your home for cash in Los Angeles. There are other companies that work with sellers to get their home sold quickly. iBuyers is short for “Instant Buyers”, which are real estate companies that leverage algorithms and technology in order to buy and resell homes quickly. They typically close in as little as 10-14 days and let you choose your move-out date if you’re living in the house. iBuyers tend to make their money across a volume of sales, so their offers tend to be the closest to the market rate. Property investors typically buy homes and hold them for a while, so they aren’t necessarily looking to make a quick profit. They’ll usually make their money on rental income and property value appreciation in the long term. Because they want to be able to rent the property quickly, they tend to look for properties that require minimal repairs before being rental-ready. Flippers are investors that buy properties that need repairs, repair them, and then resell them at a profit. Because they make their money on fixing up a house to be more valuable than it was when they bought it, they tend to go for houses that need significant repairs. We Buy Los Angeles has been BBB accredited since 2021 with an A rating. They’re willing to make an offer for your home in as little as seven minutes over the phone. Tarek Buys Houses is a local cash buyer who is known for closing quickly and helping sellers find financing for their next home. They have been BBB accredited since 2021 and hold an A+ rating. We Buy Ugly Houses (HomeVestors) has been BBB accredited since 2016 and holds an A+ rating. Operating nationwide, they have worked with over 140,000 homeowners across the United States, including Los Angeles, and make cash offers immediately after viewing the home. SoCal Home Buyers has been BBB accredited since 2018, with an A+ rating and a 5-star average for all Google reviews. They are known for their flexibility and customer service. Mrs. Property Solutions has been BBB accredited since 2018 and holds an A+ rating. Cash sale reviewers rave about the team’s transparency and flexible closing dates. Express Home Buyers has been BBB accredited since 2004 and holds a B+ rating. Sellers in a hurry can close as quickly as a week from first reaching out to the company. As with anything, there are pros and cons to selling your house quickly for cash. Working with a top agent in Los Angeles can be a good option for sellers who would like to sell faster than average, but who have a little more time to devote to a traditional sale vs. an instant cash offer. HomeLight data shows that not only do top agents sell their clients’ homes more quickly than average agents, but the top 5% of agents sell homes for up to 10% more than average agents. They also sell homes 10%-50% faster than the average agent. This can be because top agents are able to provide local market insights that are not obvious to a seller. Todd Jones, a Beverly Hills sales agent with over 15 years of experience, shares that one of the things he does is “hire a professional that will come in and take professional photos because if they are not taking professional photos, [the sellers] are shortchanging themselves tremendously.” Professional photos could make the difference between just selling your house and selling your house for the best possible price. (More about this coming up in our “12 expert tips” section.) If you still want to sell quickly but have a little more time than the cash-offer route, this can be a great strategy to both sell quickly and maximize your home sale to help pay down debt, decrease the sting of divorce, and increase a loved one’s estate after their passing. Market conditions are an important factor in how quickly or slowly homes generally sell in a given area. Los Angeles is a land of opportunity and diversity, with many big entertainment employers and access to everything from the beach to skiing nearby, making the area a popular place to live. Here is a snapshot of current housing indicators in the Los Angeles market: Selling a home fast while still earning as much money as possible is a delicate dance. Here are some expert tips to quicken the timeline for your LA home sale: In any market, pricing correctly is key to generating interest in a property and bringing in competitive offers. It’s even more important when you’re trying to sell quickly but want to balance proceeds with speed. An experienced top agent will perform a comparative market analysis (CMA) to help you set the best price to sell a house fast in your Los Angeles market. If you’re curious about your LA home’s current value, try HomeLight’s Home Value Estimator. While it shouldn’t dictate your final pricing strategy, an online home value estimate can give you a ballpark price range. You can get a preliminary estimate in less than two minutes. As Jones explains above, top-quality photos of your listing are critical. According to a survey by the National Association of Realtors, 97% of homebuyers use the Internet in their search for a home. That means LA buyers will likely first view the property via the photos and videos you post in a listing. High-quality pictures and videos give buyers the best view and perspective on a property when viewed online. A typical Los Angeles buyer wants a home in move-in condition. They like to have beautiful curb appeal and a nice kitchen layout. The more appealing the home is to the eye, the more interested potential buyers will be at showings. Jones explains that making the appropriate obvious cosmetic repairs and fixes are important (deep cleaning the house, getting rid of the carpet, replacing faulty windows, a fresh coat of paint, etc.), but staging a home can really knock viewers’ socks off and attract multiple offers. A good agent will invest in marketing your home for you, ensuring that the right buyers see it. This means not just listing it on the MLS, but paying for marketing, as well as combing through their database of buyers who are looking for homes just like yours. This ensures you don’t have to have dozens of open houses or viewings in order to sell your home. Since the pandemic, more homebuyers are looking for usable outdoor space. This means extending your living space outdoors can be extremely appealing. More Californians are transforming their outdoor area to include a full furniture set, smoker, and television to watch the Rams or the Lakers play on a beautiful Los Angeles night. Three-car garages are surprisingly popular with out-of-towners moving to Los Angeles. People from the East Coast and Midwest are used to having basements and ample closet storage space. So the extra garage space can provide storage or even just indoor space for guests’ cars. Walkability is important for many Los Angeles buyers. This makes it important for sellers to highlight parks, coffee shops, and local restaurants in the neighborhood. Proximity to other services can also play a role in selling your home. Highlight if you’re near an airport for frequent travelers or close to big offices for those who are commuting to work. If you’re in a great LA area school district, point that out for families. Having certain features also makes a house more appealing in Los Angeles. Vic Vartan Markarian, a Glendale, California agent with over 30 years of experience, explains that “Most buyers look for a good view, and buyers also look for a pool” in order to take advantage of the gorgeous weather that is part of the draw of California. Another example of a desired feature, Vartan says more and more LA buyers are checking if the house has solar panels already installed to help cut down on high California electricity bills. Outdated flooring options — tile, laminate — can put buyers off a house, as can a lack of sunshine streaming into the house. Flooring will need to be replaced, and sunshine can be added with skylights or even just by removing any greenery that blocks the sun coming through the windows. If your property has an auxiliary dwelling unit (ADU), such as a mother-in-law cottage, emphasize this in your listing. Tell buyers if you have a home office or stage that extra room as an office. If you are selling a home with large square footage, leverage this. If you’re looking for a fast sale, it can be helpful to understand what not to fix. An agent who understands the market and the buyers will know what repairs make sense and which ones may be a waste of your time and money. In addition, a top agent will know how to present a property that may not be the most desirable. For example, flag lots are unappealing to the typical Los Angeles buyer. Flag lots are properties that have a long, slender strip of land extending from the street to the typically rectangular main part of the lot. These properties are usually squashed in around others, and it can feel like it. An experienced LA agent will know how to make even a flag lot as appealing as possible. Along with the recommendations above, it can be helpful to know the level of market activity in your area during different times of the year. HomeLight’s Best Time to Sell Calculator uses housing market data for your area to show you the best and worst months to sell your home. See when is the best time to sell a house if you want to make the most money and which months are best to sell your house fast. Whatever features your house has or doesn’t have, a good agent will be able to connect you with a buyer in Los Angeles and can often make it a fairly fast process. A top real estate agent in Los Angeles can help you navigate the many nuances that you might not otherwise discover until you’re swamped in the process. Their organizational efficiencies and marketing expertise can help you sell your LA house fast. If you need an even faster sale, HomeLight’s Simple Sale platform provides cash offers for homes in almost any condition in Los Angeles. If you don’t have the time or the means to prepare your home or move through the traditional listing process, you can skip the repairs and showings and close in as few as 10 days. Complete a short questionnaire and receive a no-obligation cash offer within a week.Option 1: Sell your Los Angeles house fast for cash
Who else will buy your house for cash?
Cash buyers in Los Angeles
Pros and cons of selling for cash
Pros:
Cons
Option 2: Work with a top agent to sell fast in Los Angeles
How fast are homes selling in Los Angeles?
Data as of March 2023
Days on market
30 days
Population growth year over year
+ .37%
Selling price: listing price
– 2.8%
Year-over-year change in prices
– 6%
Percentage of homes sold for cash
31.9%
12 expert tips to sell a home fast in Los Angeles
1. Set your price competitively
2. Hire a professional photographer and videographer
3. Enhance curb and walk-through appeal
4. Make your home stand out
5. Showcase your outdoor space
6. Market additional garage and storage space
7. Advertise proximity and walkability
8. Point out your home’s special features
9. Show LA buyers bright floors and sunlight
10. Promote space for extra lodging or a home office
11. Know what not to fix
12. Take advantage of market timing
Ready to sell your Los Angeles home?