This blog will provide you with the best condo selling tips so that your condo sells quickly and for the highest amount of money.
This blog can help you set your condo apart and attract more buyers.
For our top 9 condo selling tips, read on.
These are the top 9 selling tips for condos
- Choose the RIGHT listing price
- A realtor who has sold condos before will be able to help you.
- Stage your condo properly
- Decide which improvements will result in a high return on investment
- Get your condo docs together
- Know your condo fees, assessments, and past history
- Get ready for the home inspection
- Show consideration for others
- Take care of your stuff and clean up afterward!
Continue reading to learn more about the importance of each point!
Choose The Right Listing Price
You want to price your condo correctly the first time you sell it. Your first week is the best time to get traction for your listing. If you start too high, you could lose a buyer.
Discuss the comparable of active and sold properties with your agent. You can compare how your home matches those and then decide the best strategy.
A Realtor Who Has Sold Condos Before Will Be Able To Help You.
Understanding the condo process is essential. This includes knowledge about strata documents, buildings, and depreciation. You should hire a realtor who has been selling condos before and is familiar with the market and the process.
A professional realtor is a great asset to help you sell your condo quickly and for the best price. They will know the market and how to price condos.
Stage Your Condo Properly
Condos are typically smaller than detached homes or townhouses, so make sure you make the most of your condo space to create a feeling of openness and spaciousness.
Your condo’s staging, whether professional or personal, can significantly increase its selling price. You can make your condo more appealing to buyers by making them fall in love.
Decide Which Improvements Will Lead To The Greatest ROI
You won’t get the same return on your investment from all improvements. It is important to compare the properties in your area and see if they are being renovated. The kitchen and bathrooms are the most profitable areas.
Get Your Condo Documents Together
It is important to have all documentation for your condo ready. This is usually a fee your realtor will pay for you. They’ll also have to order from the property manager.
These documents can be prepared before you start looking at offers. This will allow buyers to review them in advance and may reduce the subject removal period. Or remove all of the strata documentation. The potential buyer will also be able to see the status of the strata before the deal is closed. This can help lower the chance of it falling apart.
Know Your Condo Fees, Assessments, And Past History
A buyer will often ask about the current maintenance fees, any increases or special assessments due, and what was paid in the last 5 years. It will make the buyer feel more at ease knowing you are ready and available to answer any questions.
Get Ready For The Home Inspection
Accepted offers will likely be subject to inspection at home. Now is the right time to get the dishwasher fixed or replace the bathtub faucet. As buyers often get cold feet, it is important to ensure that your home inspection runs smoothly.
Show Consideration For Others
You’re more likely to get offers if you have more people viewing your home. Your exposure will grow if you are flexible with showings and hold an open house on Saturday & Sunday from 2-4PM. This is when buyers expect to be searching for homes. Exposure equals more money and a quicker sale.
Take Care Of Your Stuff And Clean Up Afterwards!
It is important to ensure that your stuff does not fall out of the closet when a buyer opens the door. Use the home-selling process to pack and move items to a storage facility. A buyer will be more inclined to consider your place clean if it is tidy.
This post was written by Dayana Susterman Dotoli. Dayana is the head real estate agent for the https://www.tiffanyhousefortlauderdale.com/. Dayana has assisted over 150 individuals with buying, selling, and leasing at Tiffany House. The Tiffany House Residences is a 12 story tower, offers 129 residences, including 1, 2 and 3-bedroom condominiums and townhomes, with exclusive, resort-style amenities and views of the Intracoastal Waterway and the Atlantic Ocean.