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.
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”.
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.
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.