When deciding that it’s the right time to put your condo on the market, you want to get the best price possible. To do so, there are some things you can do to help your realtor get a better price for you. Here are some smart ideas that will help secure a better sales price for your condo.
<h2 Clean the Interior
While you
might think that your condo is clean enough, you live there. You’re used to the
place. Invite a friend over to look and point out anything that stands out to
them. Tell them not to spare your feelings – you need the best price, so
everything must be close to perfect. Likely they’ll point out things that you
would never have thought about to clean.
If the carpets or flooring have scuff marks, stains or are dirty, then perhaps a professional cleaner is worth bringing in to resolve the issue. If it’s wood flooring, maybe it can be refinished to make it look close to new again?
Fix
Anything Significant
There could
be appliances that are struggling to continue operating or a loose tile in the
bathroom. Whatever it is that you haven’t had time to get to, find the time now
or hire someone in to fix it.
While it’s
quite possible that a prospective buyer might remodel the whole bathroom
anyway, a chipped tile or wobbly sink is going to get noticed. It will
make them not want to put in a top offer because they feel like the place
“needs a lot of work”.
<h2 See What Can Be Done About
the Exterior
There is
only so much you can do about the exterior when you own a condo. You don’t
control how the outside looks. However, what you can do is make sure that your
windows are clean, the window frames don’t look shabby and that there are no
other obvious issues that need to be resolved.
If you’re
able to get the team that manage the condo building to tend to obvious problem
areas like overflowing gutters or discolored exterior walls, then
all for the better.
Staging
for Sale
To get the
best price, it’s important to stage the condo. Tips for staging your condo include removing personal items to
create a blank canvas and creating a place that people can see themselves
living in.
If you’re
able to remove the existing older furniture to a secondary location to stage
the condo when it’s ready to put on the market, this is very helpful. It can
add real value to an offer.
<h2 Talk with the Realtor
Talk with
your realtor to see what price they think the condo should be listed for. They
will know the recent comps either in the area or your condo building which
they’re using as a guide for pricing purposes. Ask them to share that
information with you.
Getting the
best price for your condo isn’t just about putting it on the market and pushing
for a rich valuation. There’s much to do before any listing to make the
property more desirable to prospective buyers.
