If you have a condo and you need to move, you may be wondering how to sell your condo. Selling a condo can be slightly different in some ways from selling a single family home. However, you still want to make sure you get your condo ready for sale in order to get the best price possible. By following some simple tips for how to sell your condo, you can maximize your profits, get a quick sale and move on to your next real estate adventure.
How to Sell Your Condo
The first step to selling your condo is to check with the condo board and tell them you are moving. In some condos, there are specific regulations regarding who you can sell to, or the condo board may need to interview any possible new owners before they permit you to sell to them. It is best to find out up front exactly what the rules are for selling your home before you sell it.
You will next want to speak to a real estate agent who specializes in condo sales. Such an agent can help you price your condo and get it ready for sale. He can also advertise your condo for you, list it on the appropriate listing sites including the Multiple Listing Service, hold open houses and do other steps necessary to sell your condo.
Once you have contacted a real estate agent, you will need to get your condo in tip top shape and get it ready for sale. Home staging isn’t just for single family homes. You’ll want to clear out clutter, fix small problems, paint or update carpets, get rid of signs of family knickknacks or pictures and make sure the best features of your condo are highlighted. The buyers should see the rooms as spacious- so get rid of bulky furniture that gets in the way of that- and should be able to picture themselves in the condo.
When the condo is clean and ready to go on the market, have your real estate agent list it. You’ll want the ad to list other amenities of the condo- such as the pool or the gym- to attract potential buyers, as well as to list the amenities for the unit. Your real estate agent can help you write the ad.
The next steps to knowing how to sell your condo are simple, especially if you have an agent. He will show the home to buyers, and eventually one will make an offer. You can counter offer or accept, and then the deal will move forward into a real estate closing. You’ll then be able to answer the question of how to sell your condo, and you’ll have a check from a buyer to prove it.