Make Your Property More Appealing to Buyers and Watch the Purchase Value Soar
Selling your apartment building can be one of the most challenging processes in real estate. Not only do you need to make your property attractive to potential buyers, but, most importantly, you want to get the highest return from your investment. There are no quick fixes, and taking shortcuts isn’t an option, but here are a few simple things you can do to increase your property’s value by making it more appealing to buyers.
Look Through the Buyer’s Eyes
First impressions count! Take the time to do a thorough walkthrough of your property. Pay attention to both the exterior and the interior, and take note of things that a buyer might notice. Trash in the parking lot or neglected landscaping can put off a potential buyer before they even set foot through the door. Fixing things like this doesn’t take a lot of time or money, and will give your property great curb appeal.
Choose the Right Broker
With a careful research, this step can make the biggest impact on how much you sell your property for. Not only will the right multifamily investment advisor help act as a professional liaison between you and potential buyers but they will also work with you to build a strategy that will get you the maximum value for your property. Before hiring a broker, be sure to check their credentials, and read as many online reviews as you can find. Thoroughly questioning them about their previous sales history and knowledge of the market can quickly show you if they are up to the job.
Need more help selling your apartment building for top dollar? Having closed more than $100 million in multifamily property transactions, the team at 100Units.com have helped thousands of clients avoid the common, and often costly, mistakes made by other sellers. Contact us today to see how we can help you get the most for your multifamily property.