LL Realty Inc. - Fernley

What to Anticipate Before You List a Condo

by Linda Lawton 07/09/2018

For those who plan to list a condo, it helps to prepare as much as possible. By doing so, you can limit the risk of potential condo selling hurdles, as well as find ways to optimize the value of your property.

Ultimately, there are many factors to consider prior to listing a condo, and these include:

1. Your Condo's Condition

No two condos are exactly alike. As such, it may be beneficial to upgrade your condo before you list it. Because if you perform assorted property upgrades, you may be able to differentiate your property from the competition.

Performing a condo inspection often proves to be a good idea, particularly for a condo seller who is uncertain about the current condition of his or her property. During an inspection, a property expert will examine your condo and identify any structural problems. Then, you can use the inspection results to establish condo improvement priorities.

2. Your Price

What your condo was worth when you initially bought it is unlikely to match what your property is worth today. Fortunately, if you conduct a condo appraisal, you can find out the present value of your condo and price your property accordingly.

After you perform a condo appraisal, you'll receive an appraisal report that includes a property valuation. Next, you can establish a competitive price for your condo, one that increases the likelihood that your property will stir up lots of interest from dozens of potential buyers.

Of course, it helps to consider your condo fees when you set the price for your property too. Include details about any homeowner's association fees when you list your condo. That way, you can help condo buyers make an informed decision about whether your property is the right choice.

3. Your Timeline

You know that you want to sell your condo, but how quickly are you looking to vacate your property? With a timeline in place, you may be better equipped than ever before to enjoy a fast, seamless condo selling experience.

If you want to sell your condo without delay, you may want to set an aggressive initial asking price. On the other hand, if you can afford to be patient, you may want to wait until you receive a competitive offer before you finalize a condo sale.

When it comes to selling a condo on a timeline, it helps to hire a real estate agent as well. In fact, employing a real estate agent who possesses condo selling experience can make a world of difference for any condo seller, at any time.

A real estate agent who understands the ins and outs of selling a condo can help you get your property ready for the real estate market. Furthermore, this real estate agent will make it easy to establish a competitive initial asking price for your condo and ensure that you can sell your property on a timeline.

Want to list your condo? Consider the aforementioned factors, and you can prepare to add your condo to the real estate market.

About the Author
Author

Linda Lawton

     Linda Lawton has successfully led the dynamic LL Realty team to top ranks of real estate business in Northern Nevada. Assisting people in the buying and selling of homes individually since 1989, formed L L Realty Inc. in Fallon in 1992 and LL Realty Inc. – Fernley in 1999, Linda believes in the fundamental basics of business such as excellence in customer service, and offering a professional environment in which people can complete their business transactions comfortably, and with confidence.
    

     Our friendly agents have over 150 years of combined real estate experienced, and along with our support staff, we are eager to assist you. The LL Realty team makes it easy to find the right agent for you. When it comes to selling your property, LL Realty believes in aggressive advertising in order to remain in the forefront of the public eye, resulting in swift and effortless sales.
    

     It is Linda, and her team's desire to make every real estate transaction stress free. Let us do the work for you. We will meet your document deadlines and our specialized support team will make all necessary appointments, schedule inspections, and do whatever is necessary to smoothly complete the process of buying or selling your home.