Selling your New Orleans Condo? Know the competition! Get you condo sold quicker?
It's not what you paid for it. It's not what you owe. It's not what you what it to be. It's not what you put it to it. It's what the condo is worth that counts. The price or value is what people will pay for your condo. Buyers have many choices to choose from in all categories. The other condos in your price rang and area are your direct competitor.
Knowing them is the key to getting your condo sold at the best price . A good agent can give you this info and show you where you will fall in the order of units for sale. Know how you compare?
You want to slot your condo into the correct group by pricing or updating to get slotted higher. It really does get back to pricing once your presentation is very acceptable. People will look at 6-7 of the better units in that range. You need to be near the top in your group. Agents will by pass on those that are unrealistic. Agents may show it to make the other ones look better.
You want to be the best available with what you have to offer. Location, Condition, Parking, Updates, Views, Historic features, Great complex, Security, flooring, paint, are all things buyers are going to be looking at.
Many sellers wait till the buyers are gone before figuring out how to figure this one out. Come out of the gate ready to fly. Its much like a beauty contest with each condo having its pros and cons. The biggest con is pricing the unit wrong.
Just like my grandson is watching the ducks, you want to be watching what the buyers are doing and why. As agents we know most of the answers but are open to learning everyday. This is what I learned from my clients.
Comments(2)