7 Steps to Selling Your Downtown Condo for a Record Price
The blog below outlines 7 steps taken to sell your home or rental property for the absolute HIGHEST POSSIBLE price. My team and I lead our clients through our “Seller’s Concierge Program”.
I focused on and utilized the 7 steps of this program in recently when I facilitated the sale of a condo in the Little Italy which was had been a rental property for years. Implementing my program on this project helped my clients set a record for the highest price per square foot in the building.
7 steps of the Seller’s Concierge Program
1. Analyze the return on investment of implementing upgrades to the condo
I began by working with my seller to vet and analyze the ROI of implementing different upgrades to the condo. I reviewed and analyzed what upgrades would be most pertinent and eye catching to the largest pool of potential buyers, but also not drain the bank for my seller.
2. Select materials and a color scheme that attract the right kind of buyer
Once we decided which upgrades would be most beneficial to the sale of the condo, I personally facilitated the selection of all materials as well as a color scheme that would attract the right kind of buyer for this urban condo.
3. Secure an appliance package with best ROI
I accomplished this by utilizing my large network of contractors, service companies, and material suppliers. I leveraged those contacts and connections to find the right materials at the absolute best price available.
4. Personally manage the workforce to ensure the job was being done correctly and in a timely manner.
There was a lot of time spent on the at the condo, however, this is something I believe to be invaluable added service to my clients.
5. Hire a professional stager to design and decorate the property
Once upgrades were completed, I hired a professional stager to design and decorate the condo so it reflected the hip, downtown area if its location.
6. Bring in a professional photographer & videographer
I employed a professional photographer and videographer to tell a story of this condo's floor plan, location, finishes, breathtaking view, balcony, and surrounding amenities.
A video walk-thru of the location was also done to . Photos and video combined to make extremely valuable pieces of marketing collateral that allowed me to share the property with hundreds of potential buyers who may not be able to view the property in person.
7. Create a specific digital marketing plan
My team and I created a deliberate digital marketing plan so we could showcase the details and images of this location in order to reach a specific subset of interested buyers.
Results of these 7 steps:
As a result of our intense marketing coupled with my Seller’s Concierge Program, I generated 6 offers within 5 days of having the condo on the market. What’s more, I sold the home for an all-time record of price per square foot within the building.
Contact me if you are thinking about selling your home in 2017. I can walk you through all the necessary steps and can guarantee you’ll be comfortable the entire way.
Property before upgrades
Property after upgrades