Keep Your Expectations Realistic, and Sell Your Ann Arbor Condominium NOW

If you want to sell your condo in Ann Arbor, your ideal buyer might be a student or his or her parents. Given the increasing price of student housing, ownership might be a cost effective option, especially if the student is locked into a professional program that will tie him to the area for a while. Maybe you are ready to find a bigger home, but the space in your condominium would be perfect for a student, who might have a roommate or a family.

Your first thought might be to rent the place out -in line with Fair Housing standards, of course, as we discussed in our past blog. Being a landlord has its advantages, but if you want to sell, this can be a good time to do it. Students are back in school, and may be thinking of alternative housing next semester after a few months in student housing.

As is true in most of the real estate market these days, one of the biggest quandaries you may be facing at the moment is finding a buyer who's willing to meet your asking price. To do this, step one is to hook up with a competent real estate professional who is going to market your condo to SELL. This means they're going to set a realistic price designed to draw buyers. They will base the suggested listing price on comparable sales values in the neighborhood, the condition of your home, and even things like the number of vacant homes in your condominium complex.

If you're ready to explore selling your Ann Arbor condominium, or planning to buy one, work with Martin Bouma - your Ann Arbor condominium expert. The Bouma Group can help you with your real estate needs in Ann Arbor, as well as keep you up to date about Washtenaw County and Ann Arbor neighborhoods. Check out our Condo Hotline to get a handle on the Ann Arbor condo market.