Everyone here has given you the right answer. However, Deborah who was the first to give you an answer hit the nail right on the head. If you put your apartment is on the market while there are 8 other properties already for sale in your building, YOU HAVE THE HARDEST JOB TO GRAB A BUYER'S ATTENTION. So, DECLUTTER, DECLUTTER, DECLUTTER, as you want your apartment to look the best out of all of them. Paint the apartment too. It's a lot of work but you want it sold and this is the way to grab a buyer's attention. As ridiculous as this sounds, "People who are looking to buy, go into properties as though they're shopping at Pottery Barn or West Elm" - this is why "staging" your apartment is a smart way to go. The placement of your decor, cleanliness of your home and the RIGHT PRICE is what grabs a buyer to take the next step. I also advise, if there are open houses going on in your building, check out the competition. See what that owner has done.....or not.
Nick Rafello, V.P.
The Corcoran Group
Properties sell as a result of price and exposure. If the property is priced competitively, but few buyers know about it, it will suppress your price. If your property is heavily marketed, but overpriced, it will result in selling your neighbor's property, since a buyer will look (at least on paper) at the other available units in the building before making a decision.
A clean, decluttered unit will help you secure a higher price. You can sell if your interior shines less than your neighbor's apartment, but you will need to price lower. That price differential must be enough to provide an incentive. In order to achieve the highest price, clean and stage to sell.
When you bought in the building several years ago, what are the reasons why you choose this building against other building in the area?
Upon hearing your thoughts, I would be able to steer you in the right direction
Have a great day!
If given a chance to sell your apartment, you may contact me.
Elmar R. Cespon
Cell # 347-458-5866
Century21 Future Homes Realty
Bronx, NY 10469
I can understand why it might be discouraging to put your apt. on the market when others in the building are for sale. However, there are always buyers and they are always looking for good value. You need the right pricing and the right exposure to make sure you are "the best kid on the block." There are many, many buildings that have multiple units on the market. The market has been gaining traction the last two quarters and transactions are up significantly. What will sell is what is priced most attractively, not what has been sitting longest. And, as mentioned below, to get your place in the best showing condition as possible. I have sold apts. many times when there were several others for sale in the same building. What made the unit listed with me sell first is I am exceptionally responsive to requests for showings, I made sure the apt. always looked great, and we were priced realistically. We sold before the others. It is possible.
Halstead Property, LLC
408 Columbus Avenue NY NY 10024
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
In The Top 2% of Century 21 Agents Nationwide!