Selling your home

SELLING YOUR HOME

SELLING YOUR HOME

Every seller’s situation is different. Some homes are move-in ready. Others need work. Either way, the conversation starts the same place — an honest assessment of where you are and what makes sense.

The Plan Comes First

Before anything goes on the market, we’ll walk through your home and give you a straight read. What needs attention, what doesn’t, and what the numbers actually look like. Sometimes the right answer is to list immediately. Sometimes it’s to wait. Sometimes it’s a conversation about selling versus holding.

We’re comfortable telling you any of those things.

SW Menefee photo by Lovejoy Real Estate Marketing Department

Your Home, Presented Properly

How a home looks online determines whether buyers show up in person. Lovejoy has an in-house marketing team that handles professional flambient photography, Matterport 3D tours, and video for every listing — not as an upgrade, but as a baseline. The buyer who scrolls past a dark, poorly framed photo might be the one who makes your best offer. We don’t leave that to chance.

Market Ready

For homes that would sell for more with some preparation, Market Ready fronts the cost of repairs and refresh — no out-of-pocket expense until closing. We coordinate everything. Contractors we work with regularly will often defer payment until closing. We front up to $10,000 directly and have managed projects well over $100,000.

Not every home needs it. Not every home qualifies. We’ll tell you straight which category yours is in.

These before and after pictures tell the story of how projects can add value to your home.

What About a Cash Offer?

No prep, no showings, no uncertainty. It’s not the right answer for most sellers, but it’s the right answer for some. We’ll tell you honestly which category you’re in.

Selling

How do you determine the right listing price?

By looking at what comparable homes have actually sold for — not listed for — combined with an honest assessment of your home’s condition, location, and the current demand in your specific price range. We will show you the data, give you our recommendation, and tell you if we think you are leaving money on the table or pricing yourself into a longer market time. Ultimately the decision is yours, but we will not tell you what you want to hear if it is not what the data supports. Overpriced homes sit; homes that sit get stigmatized. Buyers start wondering what is wrong. Pricing correctly from day one is almost always the faster and more profitable strategy.

A well-priced, well-presented home in most Portland market conditions sells in days to weeks. An overpriced home can sit for months and ultimately sell for less than it would have at the right price on day one. We will give you an honest timeline projection before you list, based on current conditions in your specific neighborhood and price range.

Almost never everything and almost never nothing. The improvements that consistently return their cost: fresh interior paint, clean or new carpet, landscaping cleanup, and thorough cleaning. The improvements that rarely return their cost: full kitchen remodels, primary bathroom renovations, and major structural projects. The calculation changes based on your home’s condition, your price point, and the current buyer pool in your area. We will walk you through specifically what makes sense for your home — not a generic list.

Market Ready is Lovejoy’s program to fund preparation work upfront, with the cost repaid from the sale proceeds at closing. We coordinate everything: licensed contractors, trades, staging, and project management. We front up to $10,000 directly; our contractor relationships allow us to manage projects well over $100,000 with payment deferred to closing. You do not pay out of pocket before the sale. Not every home needs it, and not every home qualifies — we will tell you directly which category yours is in. See before and after examples.

Professional flambient photography, Matterport 3D tours, and video for every listing — not as an upgrade, but as a baseline. The buyer who scrolls past a poorly lit photo might be the one who makes your best offer. We do not leave that to chance. Listings are published to RMLS (and WVMLS for applicable properties), Zillow, Realtor.com, Homes.com, and our own site. We also have an active buyer database and will contact buyers whose search criteria match your home directly.

A cash offer means no financing contingency, no appraisal, and typically a faster close with less uncertainty. The trade-off is that cash buyers expect a discount — they are paying for the certainty and speed, and they know it. For some sellers — an estate sale, a home that needs significant work, a seller who cannot handle showings — a cash offer makes sense even at a lower number. For most sellers in good condition homes, the open market will produce a better outcome. We will tell you honestly which category yours is in.

Since August 2024, sellers are no longer required to offer compensation to the buyer’s agent through the MLS. Compensation is negotiable. In practice, many sellers still choose to offer buyer agent compensation as a way to attract financed buyers and maximize the pool of potential purchasers. We will walk you through the current norms in your specific market and help you think through the trade-offs. Our fee is disclosed clearly in the listing agreement before you sign anything.

The answer depends on what the numbers actually support and what you are trying to accomplish. The key questions: Will the market support the cost of the remodel in the sale price? Will buyers in your price range pay for the renovation quality you are planning? Do you want to stay in the home and benefit from the renovation, or are you doing it purely for resale? We will walk through the realistic math before you commit to either path.

Sometimes holding makes sense — if your equity is modest, if rents cover your costs with cash to spare, and if you want to build long-term wealth through real estate. Sometimes the carrying costs, maintenance liability, and opportunity cost of trapped equity point clearly toward selling. There is one critical Oregon-specific factor: Oregon has very restrictive landlord/tenant laws around selling a property that has a tenant in place. Portland and some other cities add additional layers on top of state law. Tenant relocation fees may be required. The best advice is to consult a real estate attorney before making any decisions about tenancy when you are considering a sale.

We have navigated tenant-occupied sales many times. Lease terms, notice requirements, showing logistics, and buyer acceptance of tenancy — all of these are manageable, but they require planning. Oregon’s landlord/tenant laws are some of the most tenant-protective in the country. Portland adds additional rules including mandatory relocation assistance in some situations. Do not take any action regarding your tenancy before talking to us and potentially an attorney. A misstep here can delay or derail your sale.

Probate is the legal process of settling a deceased person’s estate, including real property they owned. In Oregon, it is handled through county circuit court and can take several months to over a year. The property typically cannot be sold until the court appoints a personal representative with authority to act on behalf of the estate. Once that authority is in place, the sale process is similar to a standard transaction but with additional documentation requirements and specific timelines. We have worked with families navigating probate sales and understand the emotional and logistical weight involved.

A 1031 exchange allows an investor to defer capital gains taxes by rolling the proceeds from the sale of one investment property into the purchase of another qualifying property. The rules are specific: you must identify a replacement property within 45 days of closing and complete the purchase within 180 days. The exchange must be handled through a qualified intermediary — the proceeds cannot pass through your hands directly. This is a decision that needs to be made early in the listing process, before closing, so the proper structures are in place. We will connect you with the right people and make sure the real estate side supports what you are trying to accomplish.

A compressed but realistic timeline: listing consultation and pricing → preparation (days to weeks depending on scope) → photography and marketing setup (approximately one week) → active on market → accepted offer → inspection and due diligence period (typically 10–15 days) → buyer financing contingency period → closing (typically 30 days from accepted offer). From decision to closing, sellers should expect 6–10 weeks in most cases, longer if significant preparation work is needed.

Have more questions?  Read the our complete library of FAQs or the blog.