Tips for Preparing to Sell Your Condo

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TIPS FOR PREPARING TO SELL YOUR CONDO SHAWN
GANDHI

• www.shawngandhi.com
  905.795.1900

2
The condo real estate market in big cities and
their surrounding areas, like Toronto and
Mississauga are currently very strong.
Tips for Preparing to Sell Your Condo

• www.shawngandhi.com
  
  905.795.1900

3
Condo ownership provides many benefits to
traditional single family homes, like being able
to live close to public transport, parks,
entertainment venues, and more.

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  905.795.1900

4
It is important to take the time to understand
how selling a condo differs from traditional
homes so you can make your home attractive to
numerous potential buyers.

• www.shawngandhi.com
  
  905.795.1900

5
One of the most common reasons some condos do not
sell successfully is selecting the wrong real
estate agent.
Step 1 Hire a Real Estate Agent with Experience
in Condos

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  905.795.1900

6
Sure, any licensed realtor can list your condo,
but not all are successful at knowing how to
market it to attract buyers, like one with
expertise in selling condos.

• www.shawngandhi.com
  
  905.795.1900

7
There are specific processes required to sell a
condo that do different from traditional single
family homes.
Step 2 Review the Selling Process

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  905.795.1900

8
Your real estate agent will review these with you
in greater detail. Make sure to ask any questions
if you are unsure of any process.

• www.shawngandhi.com
  
  905.795.1900

9
It is beneficial to obtain a copy of the current
condo association regulations and rules and have
these available for potential buyers.
Step 3 Review Condo Association Regulations,
Rules, Assessments, and Fees

• www.shawngandhi.com
  
  905.795.1900

10
In addition, you should note any special or
annual assessments you pay annually, as well as
monthly fees in the listing.

• www.shawngandhi.com
  
  905.795.1900

11
Work with your realtor to correctly stage the
home for potential buyers. This is also a good
time to make sure all maintenance is up-to-date
on appliances. Additionally, make any minor
repairs and do a deep cleaning of the home.
Step 4 Prepare Your Home for Sale

• www.shawngandhi.com
  
  905.795.1900

12
Home inspections are part of selling a condo and
you need to be prepared for these. If you already
took the time to complete Step 4, you should be
in pretty good shape.
Step 5 Prepare for Inspections

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  905.795.1900

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At some point you will need to hire a real estate
lawyer to assist with closing processes.
Step 6 Retain the Services of a Real Estate
Lawyer with Experience in Condos

• www.shawngandhi.com
  
  905.795.1900

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The sooner you retain one, the better, as they
can assist with reviewing sales proposals and
other documents related to the sale of your home.

• www.shawngandhi.com
  
  905.795.1900

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Part of selling your condo is how it is marketed,
which if you chose a realtor, who specializes in
condos, you will be covered.
Step 7 Trust Your Realtor and Their Marketing
Expertise

• www.shawngandhi.com
  
  905.795.1900

16
Aside from listing the home through multiple
channels, open houses can be beneficial to
attract more potential buyers.

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  905.795.1900

17
Working with your realtor, you can determine how
much to list the condo for initially.
Step 8 Decide on a Listing Price

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  905.795.1900

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Part of this price has to do with comparing data
from comparable condos in your area that have
sold recently. Another factor that determines
listing prices is the current real estate market
in your area.

• www.shawngandhi.com
  
  905.795.1900

19
For more information about how to successfully
sell your condo or to check out the latest
listings if you are looking to buy a condo,
contact me,

• www.shawngandhi.com
  
  905.795.1900

20
Square One Mississauga realtor, Shawn Gandhi, who
specializes in condo selling and buying, by
calling 905.795.1900 today!
Source http//shawngandhi.com/tips-preparing-sell
-condo-shawn-gandhi/

• www.shawngandhi.com
  
  905.795.1900