Condos are flying off the shelf in Etobicoke, with many selling with multiple offers and for record prices. There really has never been a better time to sell your condo. However, you can’t just simply list and expect to get the best price for your unit. As always, a little hard work and preparation can go a long way. We’ve put together six top tips to make sure you maximize your return when you put your Etobicoke condo on the market.
1. Declutter and Declutter Some More!
Let’s face it, all condos are storage-challenged. When you’re selling your unit, you don’t want to highlight this. Removing excess furniture and other items will make your condo feel more spacious and camouflage the lack of storage. If ever there was a right time for a good sort out, it’s now!
Chances are you’ll want to hold on to most of your belongings, especially if you’re moving to a bigger space. Take advantage of your storage locker if you have one, or consider renting a storage unit temporarily.
2. Industrial Clean Your Unit
While you’re decluttering, you’ll no doubt come across more than a few dust bunnies in forgotten corners of the condo. Of course, a unit that sparkles is much more appealing to buyers. Eliminate odors, dust, and grime, and ensure that your kitchen and bathrooms are spotless.
If you’re not a fan of donning of the rubber gloves yourself, hiring a professional cleaning service shouldn’t set you back a lot, and will be worth every penny and more.
3. Hire An Agent Who Knows How to Stage
Most buyers will search for a condo online and you want your unit to stand out. Staged properties look better online, attract more showings, and sell for a higher price. When buyers walk through the door, a staged home is far more likely to win them over.
Many realtors don’t provide staging services or charge a premium for them. However, others will include complimentary home staging services, saving you potentially thousands of dollars.
4. Order Your Status Certificate in Advance
Most buyers will want to see the status certificate before going firm on an offer to purchase a condo. If you order this in advance and have it available, you’ll eliminate the need to for buyers to make their offer conditional on status.
5. Show Off the Amenities and Lifestyle of Your Complex
When people are searching for a condo, they’re not just interested in the unit they’re buying. They want to know about the building and the surrounding area. Highlight the amenities that the building offers and what’s close by, and pay particular attention to standout features, such as a 24/7 concierge or outdoor pool.
You’ve probably seen TV commercials that promote the lifestyle of a particular building, be it chic and stylish, relaxing and comfortable, or family-oriented. You can use a similar strategy when promoting your unit.
6. Price Your Condo Appropriately
As is the case with the sale of any property, deciding on a listing price for your condo can be seriously tough. If you price too high, you won’t get the showings that you need to sell your unit for top dollar. But if you price too low, you leave money on the table.
This is one of those areas where having an experienced local Etobicoke real estate agent by your side can be your greatest asset. They’ll know about price trends in your building and for other comparable units, and be able to recommend the most profitable pricing strategy.
If you’re thinking about selling your condo soon, and want to get the best possible price for your unit, your ThompsonSells team is here to help every step of the way.
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