6 steps to a successful condo sale

6 steps to a successful condo sale

Do you own a condo? Do you want to sell it? Are you a real estate agent? Whichever the case may be, you might be in a position to want to sell a condo. There are a lot of individuals who have followed these six simple steps and have had a lot of success in selling their Toronto condos. There is a lot of preparation that will go into it though. Here are 6 steps to a successful condo sale

  1. Consult a home stager

You need to be proactive and take an initiative to meet a home stager. It is important to consult this professional because he or she will help you with your staging plan. You of course need to do your research well so you can get the best professionals in the business.

  1. Make improvements

There are some changes that you can make to your condo that will not cost much but will definitely have a great impact in improving the general appeal of the home. Your stager can guide you more on this. If you are an individual with a real estate agent then he or she can give you a few pointers on which improvements you should make that will have the most impact.

  1. Pricing

You need to look at the market that you are selling to and ensure that you have not wrongly priced your condo. You need to have a deep understanding of the market for this. This can be achieved by consulting a real estate agent who will show you all the sales that have been made recently and listings that have accepted offers and those with offers that have not been accepted.

  1. Marketing strategy

You need to show potential buyers what it is that they are in for. Invest in the skills of a professional photographer and get a good professional photo which you will in turn use for marketing. Let the photo be a very attractive part of your condo. You need to make sure it catches the eye of a potential buyer.

  1. Showings

It is quite impossible to get anything sold if buyers do not get the chance to view it. It does not matter how many good photos you have, at the end of the day, you have to make sure you let buyers view the home. Schedule some days of the week specifically for viewing.

  1. Negotiation

Do not start negotiating if you only have one offer. Make sure you have first received a few offers then you can start the negotiations. Waiting to have several offers on the table guarantees that you will get the best price because you have the advantage of choosing. With that, success is on the way.

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