Monday, April 10, 2017

How to Sell a Downtown Condo in Chicago

Selling a condo in downtown Chicago? We’ve got some tips to help you increase your sale price.

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There are a number of different ways to go about selling a condo in downtown Chicago. The condo’s location and unique features are some of the things that could really impact the pricing.

One of the most important things to remember when selling a condo is to stage it, declutter it, and make sure it’s clean as a whistle. Putting it in the best light possible will help ensure you get top dollar when it comes time to sell. Try and differentiate your unit from the other ones like it through staging.
Marketing is an essential aspect of selling a condo.
Marketing the condo is also an essential aspect. Determine what the key differences are in your unit vs. the other ones on the market. Does it have a unique view? A pool? Nearby entertainment?

Finally, there’s the financing aspect. The main concern lenders have with condos is how strong the association is. Do they have enough money in reserve to replace outdated roofs, windows, and other things? As long as there aren't a lot of problems, financing usually isn’t one.

If you have any other questions about selling a condo in downtown Chicago or anything else relating to real estate, give us a call or send us an email today. We would love to hear from you.