6 Tips for Selling Your Condo in Mississauga
Wednesday Jan 23rd, 2019
One of the features that draws buyers to Mississauga is the city’s wide availability and inventory of stunning condo buildings. From the world-renowned Marilyn Monroe towers to Ovation at City Centre and the rapidly expanding Parkside Village community, there is literally a condominium to suit every lifestyle and buyer in the area.
But with so many suites and units to choose from, sellers have to work extra hard at marketing their listing to garner interest and offers. Partnering with a real estate sales representative that is experienced in condo sales within Mississauga is the best place to start, along with following some of these helpful tips.
Know the current competition in your building
When buyers are looking to purchase a condo, they first look to see what’s available in their desired buildings. Working with a professional realtor will help you determine where your unit lies amongst the competition and highlight the benefits to potential buyers.
Hone-in on the assets of your suite
Knowing that you have to contend with competing listings in your building, work with your realtor to emphasize the assets of your specific unit. Extra storage space, new appliances, upgrades and parking, along with views, sun exposure and access to outdoor spaces all rank high for buyers. If your suite has taller ceilings, built-in storage, upgraded flooring or a new kitchen or baths, focus on these advantages to their fullest.
Focus on building amenities
If your suite is in a condo community with great services and amenities, highlight the stand-out features in your listing to help project the type of lifestyle buyers are after. Rooftop recreation facilities, environmentally-friendly building features, and luxurious fitness and spa accommodations all rank high with buyers, as well as family-friendly features, like group activities and daycare facilities, and prime location attributes, including proximity to transit, highway access, schools and more.
Price your condo right
Your real estate sales representative will help you develop a competitive pricing strategy that is in-line with the market and comparable units in your building for the most successful sale. If you price your unit too high or well-above other listings in your community, it could languish on the market and be subject to price decreases over time.
Stage your condo before listing
When selling a condo, it is imperative that you stage the suite in a way that emphasizes your storage spaces and remove clutter that can make your rooms feel small. This includes packing up and storing personal mementos and memorabilia, and paring down your furnishings, décor and belongings to only the necessities. If you need to store your items off-site while the unit is listed, that small expense could pay-off in the long run by making your suite appeal to more buyers.
Clarify key access within your building
While all condos have different regulations on where lockboxes can be placed and who can access keys, the main rule is to make it as easy as possible for realtors showing your property to find the lockbox. Contact your condo board or superintendent to know the policies around lockboxes, showings and open houses, and ensure your realtor is aware. If buyers have a difficult time accessing your suite or building, it is a big turn-off.
Your Mississauga Real Estate Sales Representative
As a long-time resident of Mississauga and an experienced realtor within the condo market, I can help you list your suite and promote it to the masses for the most positive outcome. To learn more about my comprehensive selling services or to request a free condo evaluation, contact me, Deborah Clerk, Real Estate Sales Representative, ASA with Keller Williams Realty Solutions, Brokerage, in Mississauga, Ontario, to discuss.