Own a condo? And want to sell it?
No matter if you are planning to move to a bigger condo or you don’t like condos anymore. We will help you selling your currently own condo at the best price possible. Selling condos is a totally different experience for a newbie and sometimes they find it really very tuff.
That’s why I’ve decided to write a short guide about selling your condo easily and wisely. I’ve written many guides related to Buying condos wisely and at the best possible price, you can check some of them here. But, this time I thought to write on selling condos so it can help sellers to make a good deal every time they sale a condo.
So, let’s move towards our post without spending more time on the preview.
The process to a great and win-win deal is quite simple. It involves some techniques and processes you have to follow in-order to proceed to a best possible deal.
Estimate your Condo worth
The process begins with getting an estimate worth of your condo which you are willing to purchase. This will give you a roadmap of what you should expect by selling that downtown Austin condo. You can also get the right demand which you are going to ask from the buyer.
Keep in mind that when you come up with an estimated worth, always keep a negotiable margin in it. Because, it is a psychological fact that a customer is satisfied by negotiating the price a little bit. If you don’t negotiate he is not mentally satisfied with that deal.
Search the market
Now the second step, once you have estimated the worth of your downtown Austin condo, you can go out to the market to get the correct estimate and to check how much valid your estimated demand is. You can check out the pricing of condos which are similar to your one in nearby towers.
Along with searching, you can also let others know about your plan of selling your condo. This can possible acquire a client for your condo, and if it don’t it will definitely give you a more accurate estimate of what you are going to demand.
Contact a REALTOR
Now it’s the time to spread the word…
If you haven’t found any customer for your condo by letting others know about your plan of selling your downtown Austin condo. You can contact a realtor or a real estate agent.
Have a look on my recent article about : 360 Condominiums full overview, gallery & Condos For sale
A REALTOR can help you in finding a right customer for your condo and even in converting that client into a successful customer and setting up a Win-Win deal between you two for the sake of some both sided commission.
You can contact a REALTOR of your locality or you can find a realtor online. There are many realtors or real estate agents in the condo selling and purchasing business. So, you don’t have to face difficulty while finding a real estate agent.
You can ask them to find a customer for your condo. You can let them know about the estimated price you are expecting for your condo.
Post your free Ad
Along with realtors or real estate agents of downtown Austin condos, there are many websites on the internet which can help you in selling your downtown Austin condo. These kind of websites allow you to post a free ad about selling your condo and people who are willing to buy one will contact you by seeing your ad.
You can find these websites through Google. I personally recommend you to post multiple ads for your condo on different websites with all the features and some great pictures of your condo, so the chances of getting a customer will be really high.
Look for Direct Buyers
The key to find a great and quick customer is to try multiple sources of find a customer. That’s what we are following in this article. Along with estate agents and website listings you also have to look for direct buyers yourself. You can let your friends and family know that you are planning to sell your condo and if they or any of their friend is interested then they can contact you.
This will also boot your chances of getting a vast number of clients for your condo. So, you can choose the best buyer for your condo and the deal becomes a profitable one for you! J
Plan a Visit
There are high chances that you will get some clients within few days after following the above listed techniques. Once, you have found a customer, they will definitely ask for a visit the condo you are planning to sell. Always welcome them for a visit. Select a calm and easy day for yourself because they can often get late from the desired time and get your condo cleaned and dust-free if it looks dirty or tidy. This will place a good impression on the buyer.
Give them a complete visit of the condo and after they are finished looking at the condo, have a cup of coffee with them. While drinking coffee, let them know the pros and features of the condo. Try to give them a reason about why should they buy that condo and why you think that this condo is best for them.
Before this you can also try to get an idea about their needs and what kind of condo they are looking for, so you can describe the benefits in a much better way.
Be Fair and Be Direct
At the last, I only want to say that always try to be fair with the deal. Never every try to trick the client by always telling the pros and hiding the cons of your property, let them know if there are any cons of that condo too. This will help you winning a great and decent impression in the mind of the customer. Always tell them the truth and let them know the reasons if you think that this condo is really a best fit for them and their family.
Let them know the price you are expecting and also listen to them about what they want to pay for this condo. Try to let them negotiate a little bit down but don’t go too down in terms of pricing and always ensure that you are selling your condo at the right price.
Hope that there will be great deal between you and the other customer! J
Do you know about any other techniques of Selling Downtown Austin condos? Must share them with me and other readers by dropping them in comments below!