I was referred to Dawna by a mutual friend when I started looking for my dream retirement beach house in Cayucos. Our journey together took three years with lots of looking and discussions to finally find me the perfect house. I can't thank Dawna and her amazing Executive Assistant Jodi for all of their patience, helpfulness and hard work on my quest to find the perfect home. Both Dawna and Jodi made me feel like they had all of the time in the world for me when I called with questions or concerns. Dawna is always cheerful and such a pleasure to work with. She is very responsive and extremely knowledgeable about the central coast. I highly recommend Davies Company Real Estate for all of your real estate needs. I wouldn't hesitate to use Dawna again and I did.... I used Dawna to sell my Paso Robles home after I purchased my new home. I once again found both Dawna and Jodi to be extremely professional and knowledgeable about the market. Dawna did a wonderful job of marketing my house and went above and beyond until it sold.
- Make an initial decision. Decide if it is more important to get the right property at a fair price or a good deal on a property that may not be as suitable for your situation.
- Learn about today’s market conditions and what sellers may be expecting. Ask your agent to pull comparable sales from the last three months in a radius of property address, with appropriate limits on sq. ft., size, and property features (ie. bedrooms/baths, views, etc.)
- Evaluate the resale potential. The best deals are those that work best for your personal situation, and can meet others’ needs if you ever want or need to sell or rent it out. (For example, a conventionally-sized 3-bedroom 2-bath home will have a larger pool of buyers than a 1-bedroom home)
- Determine long-term and short-term property costs. These may include expected necessary capital improvements like a new roof or driveway, property taxes, loan payments, insurance (include special coverage if applicable), reasonable maintenance and management expenses. Also determine tax benefits that can offset expenses.
- Is it reasonable? Some properties and deals are not buy-able for every buyer. If you think it’s a great price but you’re over extending yourself beyond your budget, or timing is not appropriate for your circumstances, or there are existing leases/easements on the property, then it may not be the right property for you. The right opportunity will be there when you are ready.