How to Sell a Condo or Co-op Apartment

Selling a condo or an apartment is different from selling a home because the type of person who you market to is different. Follow these steps to successfully market your condo or apartment.

Difficulty: Moderately challenging

Instructions

Things You'll Need:

• Financial Calculator
• Classified Ads
• Credit Cards And Loans
• Index Cards
• Notebooks
• Personal Organizers
• Writing Pens
• Cameras
• Cameras
• Notebooks
• Classified ads

1. Selling a condominium or cooperative apartment is different from selling a home. Here are some pointers to help you reach the right buyer, whether you use a real estate agent or not.

2. Make a list of all the amenities of your condo or apartment complex.

3. Consider location as a major factor. If you are near mass transit or working areas, use that as a selling feature.

4. Write ads highlighting the features of your property on 3-by-5 cards. Get permission to place these ads in nearby transit stations or office complexes.

5. Use catchy selling phrases such as 'Minutes From Transportation,' 'Walk to Work' and 'Forget the Commute.'

6. Advertise in the local newspaper. Get attention with eye-catching phrases such as 'Forget the Yardwork,' 'Athletic Center With Pool,' 'Golfers' Paradise,' 'Everything You Ever Wanted' and 'Enjoy Life.'

7. Don't forget senior citizens. Many are tired of the hassles associated with single-family residences but aren't ready for a retirement home. Find local senior newspapers and gathering areas. Place your ads there.

8. Let your neighbors know you want to sell. Often they have friends or co-workers who are potential buyers.

Tips & Warnings

• Remember that you are selling a lifestyle. People who buy this type of property don't want to spend time on yardwork and gardening. They may be the sporty, active type or perhaps older people who don't want the headaches of a detached house.

[flatfeemls]

on 9/27/2007 I think flat fee mls is a great way to sell a home or ehow I guess.

I used http://www.listingflatfeemls.com and sold my condo online through the flat fee mls broker

on 8/8/2006 Tell them how much you are going to miss it. If you didn't like it in the first place, you wouldn't have moved into it.

There's always a reason for moving. It is usually a positive reason, but moving from your much-loved condo could be like breaking a bond to something you loved.

on 11/22/2005 Get that "For Sale" flyer out there. Post it on office boards, college boards and even in grocery stores. The more people that see it, the better chance you have. Make easy tear off strips that include the address (in bold red) and the realtor's phone number. Include color photos (keep it clean looking). If a person has to struggle to get the information, they will ignore it.

on 11/22/2005 A condo is also a good starter home for a young couple who can't afford a house and, since both usually work, don't have the time for a house. It's also a good choice for a single parent or for friends who can't buy separately. Don't limit your market!