Ignite FB Tracking PixelWhat to Expect Prior to Listing a Condo - Hunter Deegan
What to Expect Prior to Listing a Condo

by Hunter Deegan 12/21/2018

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
Hunter Deegan

I am a full time agent dedicated to your Buying, Selling and Real Estate Investment needs. I have lived in the southeast metro area since 1982. Being licensed in real estate and holding the Realtor designation since 1999 gives me vast market insight. I have 4 amazing young adult kiddos and have been married to my lovely bride since 1993! Needless to say with my family life and my Real Estate time spent in Denver....I have a vast knowledge of the area(s). My knowledge of the Denver Metro Area and helping you find the perfect location will allow you to enjoy the many benefits Denver has to offer.

Knowing the real estate process is half the battle, which is why I strive to counsel my buyers & sellers.  Giving you more real estate knowledge will save you time, stress and money. As a Denver metro agent since 1999 I take care of the other half. This includes selling your current home and finding your Dream Home, writing the contract, negotiating a better price, setting up and handling inspections, keeping you informed, communication with lenders/appraisers/vendors/etc, communicating with the other agent to keep things together, and then finally closing.

Together we can find the perfect home for your current needs. Whether it's your dream home, a fixer upper you will live in, a move-in condition home, luxury home, fix and flip or another rental/investment property. I will help you accomplish your real estate goals! As a dedicated Full-Time Realtor I have helped 100's of buyers and sellers throughout the metro area. I take pride in honesty, professionalism and patience. I look forward to our real estate adventure together!

"As first time home buyers we didn't really know what to be looking for. Hunter was very thorough in pointing things out to us and genuinely cared about us purchasing the right home." - Allison