How to Sell a Condo

Video Transcript

"Selling a condo or coop apartment can be a great experience. I'm Richard Blake in Clearwater Florida and I'm here to explain how to sell a condo or a coop apartment. First thing you want to do is contact your local real estate agent and ask them what properties have sold in the last six months. This will give you an idea of the current market value of your condo. Generally you're going to want to use properties that are in that immediate community or in that immediate complex and if for what ever reason nothing has sold. In the last six months. You don't really want to go back any further than six or seven months and if nothing's sold during that period of time. Then go to the next closest complex or community to you. At that point in time you're going to make sure you don't want to use properties that are too large or too small. Make sure they are similar in square footage. Say twenty percent so if you've got a thousand square foot condo. Make sure that your using comps that are not larger, no larger than twelve hundred square feet. No less than eight hundred squire feet and going to similar in, similar with bedrooms and bathrooms as well and hopefully the complexes have similar amenities. Meaning pools, exorcise rooms that sort of thing. Once you've established what the current market value is of that home. At that point in time your going to want to make sure that the property is in tip top showing condition. So make sure to get a through or to do a through cleaning of the property. If you need to hire a professional maid service to come out. Do so and as well you'll also want to remove any clutter from that you've accumulated. Over however long you've lived there. OK, again I'm Richard Blake in Clearwater Florida. Just a couple ideas to get you started on how to sell your condo. Good luck out there."