You’re trying to sell an Orange County condo that just won’t sell?
And yet – the news says the real estate market is heating up. The media is practically shouting again about multiple offers, high demand, and record-setting prices.
So where’s your contract?
These tips could be just what you need to help you sell your Orange County condo.
Why won’t my condo sell in Orange County? – 6 Tips
1) Get good help.
Like we’ve said before, there are novice agents and investors rushing into the booming market trumpeting that they know what they’re doing.
But not all of them do. They’re getting hit hard with the nuances of financing, deal structure, and evaluation. Chances are good that real estate has been your biggest investment so far – don’t trust just anyone’s advice. If you want great results, partner with the pros.
2) Don’t make too many improvements.
Too often we see over-improved properties – where the owners went too far with upgrading and hit the ceiling of the market price they can list their property for. Even with the best of intentions, exceptional craftsmanship and true artistic talent, it’s incredibly challenging to exceed what the market is paying. Your property can have all the bells and whistles but you can’t fight the area. Also, over-customizing can actually turn off some buyers who want to make the space their own. Get rid of all the clutter and think “neutral”.
3) Do make necessary improvements.
Unfixed stuff scares buyers, and lenders for that matter. Show that you’ve been a responsible property owner and get all the little details fixed.
Don’t leave gaps in the trim or plates off of the switches. Get it inspected by a professional home inspector, and show off the healthy home report. This goes a long way towards establishing confidence that a buyer is making a good purchase.
4) Style and design matter.
Curb appeal is as important as the inside – so don’t neglect one part of the property to improve the other. Give buyers a cohesive impression of great style. Paint the walls, update the landscaping, and most of all – keep it immaculately clean. Consider hiring a professional designer to help tastefully stage the property.
5) Pricing matters a lot.
If you’re getting a lot of showings but not a lot of offers, you might be off in pricing. If your best efforts to advertise your property aren’t making the phone ring, you’re probably overpriced. Do some research and find out what other similar properties in your area are selling for. A lot of times the online estimates for your property value can be off, so look for multiple sources to confirm your pricing.
6) Every property will sell – sometime.
There’s no magic formula – but there’s no substitute for experience.
If you need to sell a condo near Orange County, we can help you. We buy Orange County CA condos.
We buy properties like yours from people who need to sell fast.