The Selling Process
Do you want to capitalize on the growing number of individual who are looking to sell their Minneapolis or St Paul condo, loft, townhome, or home? Whether you are thinking about moving out of the area or are interested in selling your current residence, it is important that you discuss your real estate goals with a Realtor.
Your Real Estate journey begins with the evaluation of the following criteria:
- Best Time of Year to Sell Your Condo — A market analysis should be conducted to determine the estimated market value of your condo, loft, or townhome. This analysis will take into account the number of properties that are currently listed, the average selling price, the average days on the market, and also any other external factors that will contribute to the successful sale of your residence.
- City Required Inspections
A number of cities within the Twin Cities metro area require homes to be inspected by a licensed inspector before they are offered for sale or before ownership is transferred.
Bloomington – Time in Sale Inspection Report
Golden Valley – Point of Sale Inspection Report
Hopkins – Common Truth in Housing Report
Maplewood – Truth In Housing Inspection Report
Minneapolis – Truth in Sale Inspection Report
New Hope – Point of Sale Inspection Report
Richfield – Point of Sale Inspection Report
Robbinsdale – Point of Sale Inspection Report
Saint Louis Park – Point of Sale Inspection Report
Saint Paul – Truth In Sale Inspection Report
South St. Paul – Time of Sale Inspection Report
- Open House Strategy — A condo that shows well is more likely to bring a higher price and sell faster. You may need to declutter your condo or loft if you want to make your condo, loft, or townhome truly shine. Buyers want to feel as if the condo or loft is spacious and easy to walk through. They want to image placing their own items within the condo or loft, which means that your space needs to be warm and inviting. Make sure that your condo or loft is thoroughly cleaned, dim light bulbs have been replaced, cosmetic touch-ups have been completed, and the home is “picture perfect” before you schedule an open house. Finally, adding a few seasonal plants to your balcony can increase the curb appeal of your downtown St Paul condo or loft. Also, you will need to check with your condo association to see if they allow open houses for the condo/loft development.
- Disclosures — You will need to disclose the problem issues via the Sellers Disclosure that have/could affect the property’s future value or desirability as part of the sales process. You will also need provide the condo declarations/condo resale certificate: association financials, covenants/restrictions, the costs associated with common insurance and utilities. Your Realtor will help you to determine what written disclosures must be provided as part of the sales process.
Whether you are ready to put your Minneapolis or St Paul condo on the market today, or are just beginning to explore the idea of selling your condo or loft, it is important that you should contact a Realtor from day one. The process of selling your condo/loft can be greatly improved when you contact a local Minneapolis-St Paul Real Estate agent, feel free to contact, RE/MAX Results-Shannon Lindstrom, REALTOR®, AHWD, CRS, GREEN who specializes in buying and selling downtown St Paul condos and lofts at (612) 616-9714 or Shannon@MplsUrbanLiving.com.