If you’re riding a bike and want to get to your destination sooner, you need to bear down and pedal faster. And, of course, you need to make sure you’re doing that safely! So how do you “pedal faster” when you need to sell your condo quickly and still make sure you get a good price?
First of all, make your unit look its best. That means
more than just getting it clean and tidy. You need to
make sure repairs are up-to-date, even if that just means fixing a dent in the wall that you’ve lived with for years. You may also need to make some tough choices when it comes to decluttering.
Secondly, it’s important to set the right list price. That
takes a lot of expertise, market data and old-fashioned
sales savvy. If your list price is too high, buyers won’t be
interested. If it’s too low, you’ll leave money on the table.
The next thing you need to do is be flexible when it comes
to viewings. If you’re too restrictive as to when buyers can
see your unit – say, only Saturdays from four to six – then you may miss opportunities for a quick sale. A buyer might
end up buying a condo during the week before they even
get a chance to see yours on Saturday.
Finally, don’t be too firm with your desired closing date. If you’ve purchased a condo that closes in three months, and
then receive an offer with a four-month closing, consider it.
There are options, such as bridge financing, that can make it work for you.
The bottom line is, these tips take a little more “pedaling”,
but they’ll help you get to your destination – a sale – sooner.