Living in the condo lifestyle can be exciting but when it comes time to move, do you know how to sell a condo fast in Kansas City? While you might have bought your condo for an easy lifestyle or as a financial investment, there are plenty of reasons you might need to sell a Kansas City condominium. Lifestyle changes, repair or damage issues, or any other number of reasons may make you consider selling a condo in Kansas City quickly.
If that’s the case, it’s important to know there are some very important differences between selling a house in Kansas City and selling a condo in Kansas City. Condos come with their own unique features and challenges that certain buyers will be excited by more than others. You can always avoid the hassles and uncertainty of the open market by selling your condo as-is to a cash buyer like Offer House. We buy condos in Kansas City fast and we pay a fair cash price for them.
However, if you want to proceed with selling your Kansas City condo on the housing market, let’s take a closer look at the right steps to take when selling a condominium fast.
Tips To Sell A Condo In Kansas City Fast
Selling a Condo in Kansas City
The good thing about trying to sell a condo is that they aren’t as market-dependent as a single-family home might be, so there is a built-in benefit to owning one when it comes time to sell a condo fast. Condos in Kansas City can often sell faster than homes because they are smaller, include fewer costs, and need less maintenance and upkeep than large homes. Still, it’s important to note that the housing market is still going to be the housing market, whether you’re trying to sell a house or sell a condo. You’ll still have to worry about the whims of market buyers, the costs involved with listing a property, and the need to pay a real estate agent commission fee. So you need to make sure you pay attention to the conditions of the Kansas City housing market before listing. If you decide to sell your Kansas City condo, you’re going to want to be sure that the risks aren’t too extreme, as best you can.
It’s also important to be very aware of who potential buyers are for condos in Kansas City. Because your condominium is located in Kansas City, Missouri, you’ll want to focus your marketing efforts on those looking for a condo lifestyle, which includes first-time buyers trying to get into homeownership, those looking for a second residence in the city, or anyone looking to downsize. Tourism may play a role in how you list the condo as well, depending on season and location. There are so many factors to consider when selling your condo in Kansas City, MO and you need to do the homework necessary to get a good sale price. Otherwise, your condo could sit on the housing market for months on end and you’ll be stuck footing the bill on utilities, condo association fees, and other costs as well.
You can avoid all those hassles by selling your condo directly to a home buying company like Offer House. We buy condos for cash and we can make you a no-obligation offer on your Kansas City condo as soon as 24 hours after you contact us. We don’t involve real estate agents or lenders so there are no commission fees or waiting around for funding. No need to worry about sitting on the market for months as we can close the sale in a matter of days.
Process of Selling Condos
Some people would tell you that if you’ve seen one condo, you’ve seen them all. We know that’s not entirely true, but condos can certainly have more of a cookiecutter feeling to them, especially when all of the furniture has been removed and it’s just an empty space. This can make it much harder to sell your Kansas City condo on the market and make it stand out, especially if there are other units like it available in the same building.
The first step in the condo selling process is to make it stand out from the crowd. That means, first and foremost, getting it sale-ready. Deep cleaning is in order, potentially by professionals if you can afford to pay for it. You’re also going to want to make sure any necessary repairs are completed, if possible. Little things like leaky faucets and cracks in the vinyl flooring can make a big difference when the market is tight. Along with cleaning, you’ll also want to do some decluttering. You don’t want buyers to see “your” condo, you want them to be able to see “their” condo, and that’s harder to do with all of your memorabilia and personal photos around the place.
If you’ve already moved your furniture out, consider hiring a home stager to come in and stage your condo. You want the place to look warm and cozy and that’s hard to do when it’s completely empty. If your furniture is still there, you want to create as much space as possible in order to make the place feel large. So you’ll want to remove anything that isn’t essential for a buyer to consider. Get rid of memorabilia, knick-knacks, and furnishings that don’t appeal to general sensibilities. These are the kinds of things that help speed up the timeline for selling a condo.
If you have the time and money, consider giving your condo a fresh coat of paint, clean out the bathroom grout, and perhaps even replace older furnishings such as cabinets and light fixtures. You want to do everything you possibly can with this time to make essential fixes and upgrades in order to give buyers a reason to make an offer right away. Unlike a house, you can’t count on curb appeal to stop buyers in their tracks, so your condo needs to wow them by itself.
Now that your Kansas City condo looks good and you’ve sorted out anything that needed to be fixed, it’s time to start marketing your condo to Kansas City market buyers. Since your condo is part of a building or complex, make sure you provide some focus on any amenities and features included there. That makes it a bit different from selling a house where you’re usually focusing on just selling your own property. Here, you’ll want to provide details on not only what amenities are located inside but any benefits to the condo building’s location or close proximity.
When it comes to selling a condo in Kansas City on the housing market, you want to connect with buyers looking for a hassle-free living experience that includes plenty of amenities. That means they want to know what comes with living in your complex. So make sure you’re highlighting things like the pool, gym, co-working space, snack room, or pet area. Think about the questions that potential buyers are going to have. What is the parking situation like? Is there a concierge service? Is the location convenient for many shops and restaurants? Even if your location doesn’t inspire much excitement, think about how you can spin it to make it as appealing as possible.
As for your condo, you’re going to want to focus your marketing efforts on the specific features that make the most sense and provide the most appeal to potential buyers. Does the condo have a great view? You’ll absolutely want to make that a big deal as this can be a huge difference-maker between your Kansas City condo and others. The floor that your condo is located on could have an impact on the way buyers see it. If you’ve recently remodeled the bathroom or kitchen, make sure you mention that in the listing. If you’re selling your Kansas City condo through a real estate agent, make sure you ask them what might make it stand out from the crowd as they should be able to provide you with some perspective from what they’ve seen as well as some selling tips.
Additional Tips for Selling a Condo Fast
If you’re selling your condo on the open market in Kansas City, almost certainly using a real estate agent Working with a real estate agent comes with some costs, as you should be aware. Specifically, the real estate agent commission fee, which is usually around five or six percent of the final sale price. You certainly could try to sell your condo on the market by yourself (For Sale By Owner) and keep that extra money (which is no small amount if you’re selling a condo for $200,000 or $300,000). However, know that there are all kinds of risks and potential pitfalls that come with selling a condo by yourself on the market. Often, an FSBO sale nets less money than one with a real estate agent, therefore nullifying any saved profits.
You could try to get your real estate agent to come down on the commission fee. While they might tell you they take a six percent commission fee, don’t assume that’s set in stone. Competition can be fierce for real estate agents and they are often open to negotiations in order to keep your business. But you’ll only be able to bring the fee down so far, and the buyer’s agent gets a cut as well.
With all of that said, trying to sell your condo in Kansas City on the open market quickly comes with a lot of costs and considerations. Even if you do everything right, it’s very possible that your condominium will sit on the market for months waiting for a buyer. When you do eventually sell it, a large portion of the profits goes to the real estate agent commission and other closing costs, not to mention the payments you needed to make to maintain good standing with utilities and condo associations.
Selling Condo To An Investor
If you’d like to sell your condo in Kansas City fast but don’t want to deal with market buyers, real estate agents, or lenders, you can sell your condo as-is to a real estate investor like Offer House. We’ll deal directly with you in a friendly and no-obligation way that makes the process of selling your condo simple. We want to help you sell your Kansas City condo fast.
Just contact us and tell us about your Kansas City condo and any particulars we need to be aware of. We’ll reach out and get more information, potentially coming to take a tour of the property. Then, we’ll figure out the best possible offer we can make and show you how we came to that number. If you accept the offer, you decide when we close on the sale, often within days. Then you get paid in cash for your Kansas City condo and you can walk away without dealing with all the hassle and problems that can come with selling on the housing market or paying commission fees.