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Buying or Selling a Home/Marketing a condo
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Question
I have a condo listed and never had good luck with selling them in the past. Is there any advice as to how to market condos? Thanks.
Dear Cynthia;
My advice is to make sure you are marketing to first time home-buyers or renters. I am assuming that your condo is an entry level condo meaning at a lower price than a detached home (I could be wrong). Different areas have different housing requirements. In some areas--such as big cities like New York, a condo will list for a high price and will sell quickly, but in suburban areas, the condo is seen as a first time entry level dwelling. If you are living in a suburban area such as that, then have your agent work with a lender to show what the monthly payments will be and what kind of savings a renter might expect with tax deductions included in the equation. This can make it extremely attractive to someone who is throwing their money out on rent right now.
I hope that this helps.
Sincerely,
Jessica Bryan
Managing Broker
House to Home Realty Services
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Jessica Bryan
Expertise
buying and selling process such as:
General questions from first time buyers
How to market a home
Why choose a REALTOR
How do I find a REALTOR
Should I consider buying or selling without a REALTOR--how much can I save
Should I remodel or move
How much can I expect to gain by fixing up my home before selling
Helpful tips when selling
Helpful tips when buying
finding a good mortgage loan
what is the difference between banks, mortgage bankers, and mortgage brokers
Questions from the general public, people thinking about getting their real estate license, newly licensed.
Fellow professionals who have interests in networking and how to get started
What is a market evaluation and how does it differ from an appraisal what are the different loan programs
services a REALTOR can perform
when to use a lawyer
when to use escrow
what are the regional differences in the buying and selling process
what is the MLS and how does it work
how can the layman access information on the web--listings and other information
These are just a few of the questions. I can suggest that if I am unable to answer a question I will refer the inquiry to a source that can.
Experience
Anyone who is in this business and who dedicates oneself to professionalism has continued to take classes and along with it,additional credentials, awards and honors. I can list a host of them, but my greatest accomplishments happen to be those of getting first time buyers (who didn't think they could afford to buy a home)into a home of their dreams. The look on their faces when I hand over the keys is worth all of the hard work.
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