MaryAnne Sannicandro's Blog
When it comes to selling a condo, there is no shortage of real estate agents to help you.
Real estate agents are available nationwide, and many promise to help condo sellers get the best prices for their properties. As such, it can be difficult to select the right real estate who will ensure you can optimize the value of your condo.
What differentiates an excellent real estate agent from a mediocre one? Here are three factors that condo sellers need to consider when the pursue real estate agents.
Does a real estate agent have condo selling experience? If not, you may be best served selecting a real estate professional who knows what it takes to navigate the condo selling process successfully.
Remember, selling a condo is different from selling a house. There may be homeowners' association (HOA) conditions and fees that a condo owner will need to consider. Meanwhile, condo living usually affords less privacy in contrast to homes, and condos must be promoted to the right groups of property buyers accordingly.
A real estate agent with condo experience will know how to highlight the benefits of a condo to the right groups of property buyers consistently. By doing so, he or she will ensure a condo seller can get the best results possible.
2. Communication Skills
Will a real estate agent keep you informed during each stage of the condo selling journey? Communication is a key part of any successful relationship, and the same holds true for the relationship between a condo seller and his or her real estate agent.
A condo seller should be able to reach out to his or her real estate agent with concerns and questions at any time. Meanwhile, a real estate agent should be able to provide expert support as the condo selling process progresses.
Perhaps most important, a condo seller and real estate agent should feel comfortable working together. That way, both parties can maintain constant contact and work together to accelerate the condo selling process.
3. Attention to Detail
An average real estate agent may perform the bare essentials to sell a condo. On the other hand, an exceptional real estate agent will go above and beyond the call of duty to promote a condo to a broad array of property buyers at all times.
Look for a real estate agent who is unafraid to think outside the box. This real estate professional likely is open to new ideas and will work with you to develop a personalized plan to sell your condo.
Also, find a real estate agent who strives for perfection. You don't want to settle for a standard offer on your condo, and you should find a real estate agent who won't settle for inferior results as well.
Take the guesswork out of selling your condo – consider the aforementioned factors as you evaluate real estate agents, and you can work with a real estate professional who meets or surpasses your expectations.
For home sellers, maximizing the value of your residence is key. However, it is important to remember the dangers associated with overvaluing your house.
If you overprice your residence, homebuyers may choose to look elsewhere for their dream house. As such, it may take you many weeks, months or years to sell your residence if you fail to price it correctly from the get-go.
So what does it take to avoid the risk of overpricing your home? Here are three tips to help home sellers set a fair price for any residence, in any real estate market, at any time.
1. Review the Housing Market in Your Area.
Spend some time assessing the local housing market – you'll be glad you did. This will enable you to better understand how your home compares to other residences in your city or town so you can price your house accordingly.
Check out the listing prices of homes that currently are available as well as the sold prices of residences that recently were purchased. By doing so, you'll be able to collect a broad assortment of housing market data and use this information to determine the right price for your house.
2. Get Your Home Appraised.
A home appraiser will conduct an in-depth examination of your residence, help you identify problem areas and determine your house's value. That way, you'll be able to enter the real estate market with realistic expectations and set a fair asking price based on your home appraisal.
Furthermore, a home appraisal offers valuable insights into ways that you can improve your home. The assessment will allow you to learn about the pros and cons of your home, and ultimately, determine the best ways to transform your house's weaknesses into strengths.
Don't forget to evaluate your home's interior and exterior as well. Completing home improvement tasks will improve your residence inside and out. Plus, performing home maintenance may allow you to set a higher asking price than you initially expected.
3. Hire an Experienced Real Estate Agent.
Let's face it – navigating the real estate market can be a long, arduous process. Thankfully, real estate agents are available that possess extensive industry experience and know-how, ensuring you can set the right price for your house without delay.
Perhaps best of all, a real estate agent understands the ins and outs of both buyer's and seller's markets. As such, he or she can offer recommendations about how to price your home, enhance your house's interior and exterior and much more.
With the right real estate agent at your disposal, you should have no trouble setting a fair price for your home. In addition, this professional will do whatever it takes to promote your house to the right homebuyers consistently, bolstering your chances of optimizing the value of your residence.
Don't leave anything to chance when you sell your home. Instead, employ a real estate agent, and you can speed up the process of selling your residence.