How do you sell a condo?

Here are the key strategies to keep in mind when selling your condo. Review the DOM range for comparable condos. Decide what improvements are worthwhile. Gather documentation and review any HOA rules. Look for ways to minimize listing costs. Screen the clauses in your buyer’s initial offer. Understand your BATNA. Click to see full answer. Besides, how do I sell my condo myself? Kick back with your cup of coffee and soak in the advice. Know What Your Condo Association Allows. List Your Assets. Price Your Condo With The Market. Get Your Condo FHA Mortgage Approved. Stage Your Condo Properly. Be Ready For a Home Inspection. Get Condo Docs Put Together. Hire A Realtor That Sells Condos. Secondly, what documents are needed to sell a condo? Essential documents are: Copies of the legal description, including parking & storage spaces. CC&R – Covenants, Conditions and Restrictions. Articles of Incorporation. Bylaws. Rules and regulations currently enforced. Most recent financial statements of the homeowners’ association. Current operating budget. Also asked, is it difficult to sell a condo? First, your condo is only as good as your Homeowners’ Association or HOA. It may be harder to sell a condo in a building with a much higher HOA fee than similar buildings in the area. But while a low fee may seem like the best deal for buyers, it’s important that the HOA has enough funds to keep up with the property.How much does it cost to sell condo? Realtor’s commission fees The real estate commission is usually the biggest fee a seller pays — 5 percent to 6 percent of the sale price. So, if you sell your house for $250,000, you could end up paying $15,000 in commissions. The commission is split between the seller’s real estate agent and the buyer’s agent.