I want to sell quickly because I inherited a condo.?
I am painting the whole inside With a professional painter. I need a new stove, and I have furniture to stage. What incentives can I offer to make a quick sale
Asked by Sally Catalana | San Rafael, CA| 06-18-2024| 1,142 views|Tips & Advice|Updated 1 year ago
You're already doing the right things by painting and staging. For a quick sale on an inherited condo, price it aggressively from day one. In a condo market, overpricing by even 5 percent can mean sitting for weeks while comparable units sell around you.
On incentives, offering to pay a portion of the buyer's closing costs is the most effective motivator in the current market. A $3K to $5K seller credit toward closing costs makes the deal more attractive without reducing your sale price. You can also offer a home warranty for the first year, which costs you $400 to $600 and gives the buyer peace of mind on the appliances and systems.
On the stove, replace it before you list. A missing or broken kitchen appliance is a red flag in listing photos and during showings. A basic new range costs $400 to $800 and removes one more objection from the buyer's list.
Price it right, present it clean, and make the terms easy. That combination moves condos fast.
Sally, an "auction" style listing would be the best avenue. We do about 40-60 of these every year. Start the price under market, have a 4-day showing window and then best and final offers by a deadline. There is a lot more to it, but that should give you the gist of it. Let me know if you have any other questions. Best of luck!
Keith Jean-Pierre
Managing Principal
The Dapper Agents
Operations In: NY, NJ, FL & CA
Start with a professional market analysis and get the condo show-ready. Consider pricing slightly below market for a faster sale and make sure all estate paperwork is in order. Cash buyers or investors often look for inherited properties, which can speed things up too.
Yes — inherited condos can be sold quickly with proper pricing, clean condition, and strong marketing. Make sure probate/estate paperwork is handled first so title can transfer smoothly.
I highly recommend connecting with a local REaltor Expert to be sure that you price it right, and have the market stats to work for you! Staging is great, but pricing it right with knowing what your competition is doing is key!
Depends on your market but price is always the best factor to consider. the price you market a property for sale at will attract the right buyer or multiple buyers.
Sally, the most important thing you to can do is bring in a professional real estate agent and have them give you an absorption rate analysis. Understand your marketplace and then you can strategically price your property and put a plan in place to garner strong interest in a short time frame. This is where the magic can happen if you have the right team in place. Concord, MA real estate
For one thing, you want to list with a professional so use a REALTOR. Not all agents are realtors. Realtors are held to a code of ethics and are educated on the latest real estate news. When listing, I would offer a $500-$1000 bonus to the selling agent. That would spark some interest among agents to have your house shown more. With the more exposure, your house should sell quick. Good luck, Tanya.