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

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Real Estate Agent with Dove Realty Inc.

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.

 

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The right updates that are not major outlay of money cna bring a lot of equity back

Mar 02, 2018 02:06 AM #1
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Rainmaker
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Susan Peters

The Better it Looks the Better it Sells
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