How Did My Neighbor Get 76,000K (22%) More for Her Condo in 6 Months?

How Did My Neighbor Get 76,000K (22%) More for Her Condo in 6 Months?

This is what the owner of condo A had to be asking herself when Condo B closed. Same square footage, and the same floor plan. Even our furiously paced market cannot account for this difference. So what was it?

1)  I have to give credit to my seller, she listened to me and implemented all of my recommendations.

A) She put $6,000 into updates including painting the interior and a light kitchen remodel (butcher block countertops, subway tile backsplash, and new hardware).

B)  She provided the buyers with a complete inspection report and the resale certificate, thus increasing multiple offers. (if buyers don’t have to pay for an inspection on a property they may or may not get, they are more inclined to write an offer).

C)  Marketing  By employing advanced staging techniques and state of the art photography I was able to present the condo in in it’s very best light.

D) Using all the tools available- This complex was originally built with a communal  laundry room. And although the HOA allowed owners to install washer/dryers in their units, there is no field in the Listing Impute form to indicate this…so I used the text space under the photos to over come this stumbling block. It’s amazing how many agents never bother to utilize this opportunity.