Minneapolis Minnesota Real Estate Blog

Downtown Minneapolis Condos - Top 5 Mistakes to Avoid When Selling Your Condo

As a seller in the Downtown Minneapolis area, it can be tough to make all the right choices when selling your Downtown Minneapolis Condo. In this article, we’ll go over five common mistakes sellers make so you can ensure that you avoid these mistakes. By the end of this article, you’ll have a good idea of what to do and what not to do when you’re selling your Downtown Minneapolis Condo.

Mistake #1 – Bad Pricing Strategy
Most sellers are aware they shouldn’t price their condo too low. However, it’s all too common that sellers overestimate what their condo can sell for and price too high.
The logic they often go by is that they can always “accept a lower offer” if the price they’re suggesting doesn’t work. However, what usually happens is buyers are just scared off by the higher price and don’t even come to look at your property.

Mistake #2 – Condo is Cluttered
This may seem like common sense, but it’s an all too common mistake. The buyer comes to look at the condo and it’s still cluttered with belongings from the seller’s family.
A cluttered condo is unappealing to buyers. Make sure you move all your stuff out of your condo, even if it means renting a storage unit for a few months.

Mistake #3 - Garden is not well kept
The front and back yards are often the first impression your buyer gets of your condo. Beyond just physical looks, this tells the buyer how well your condo is kept. Make sure your front yard and back yard are in tip top condition.

Mistake #4 - Condo is not Staged
Staging is the process of making your condo as appealing as it can possibly get.
Clean the condo thoroughly inside and out. Make sure the lighting is great and that there’s either fresh air or a light scent throughout the condo. Make any repairs that are necessary.
Have furniture that showcases the condo and have empty rooms when appropriate.

Mistake #5 - Not Hiring a Real Estate Agent
Hiring a real estate agent will almost always save you time and money. Statistics have repeatedly shown that working with a real estate agent results in higher sale prices and faster sales. Many owners who list FSBOs end up wishing they had listed with a real estate agent instead.

There is a lot of free information available to you about buying, selling or investing in  Minneapolis Condos or Minneapolis Lofts. For complete information about the Downtown Minneapolis condo market including current condos lofts for sale, values, and more please visit the most complete website online www.LivingInDowntownMinneapolis.com dedicated to everything Downtown Minneapolis Condos.  Contact Mike Weiland & Elke Stephan of The Weiland Group of Keller Williams with any of your real estate or mortgage related questions by filling out the form below.

P.S. Free weekly list of Downtown Minneapolis Condos including private listings and foreclosures in the most popular locations call the 24 Hour Recorded Information Hotline Now for details...1-888-391-9039 Ext. 126 or visit www.LivingInDowntownMinneapolis.com.