Key Questions to Answer Prior to Listing your Apartment Property for Sale
By Robyn Wonnell, Coldwell Banker Commercial, the Sudweeks Group
- Why do I want to sell my property?
- What will I do once it’s sold?
- How do I prepare to get it sold for top dollar or in a specific amount of time?
- What is the current market for properties like mine in my area?
- How do I market my property correctly to get the best buyer?
- What is the condition of each apartment and the building as a whole?
- What is my current cash flow and what will it be for the new buyers at my asking price?
- How will it be a good investment for the next purchaser and why is that important?
- What do I tell my onsite agent and employees?
- How do I do this without losing residents before it is sold?
- What financial reports will the new buyer need or expect, and do I have them?
- What should I expect in the process and timeline of selling my property?
- How do I choose the correct agent to sell my property?
