How should I price my Lake of the Ozarks Condo?

Statistics show that the best time to sell your condo is within the first few weeks of putting it on the market. This can be good news, or bad, depending on your motivation. Some condos sell right away, while others sit on the market for months without an offer.

To maximize your selling opportunity, it is important that your condo be priced right. What is the right price? Many factors will determine your condo’s best asking price. Our current real estate market has a lot to do with it. Using sound judgment, research, and experience, I can help you determine the right price for your condo. I will help you evaluate your location, the recent sold data, current market trends, and your condo’s special features that set it apart from the competition. 23 years selling Lake of the Ozarks condos has taught me quite a lot.

“What’s wrong with pricing my condo a little high?” Price your condo too high and most buyers won’t even bother looking at it. It will never even get the chance to be seen by the best buyers. This scares away many qualified buyers simply because they can go elsewhere and get more for their money. As the condo sits on the market, people will shy away from it thinking there must be something wrong with it.

Should I under-price my condo? Price it too low and you could lose thousands of dollars. There are times when you will attract multiple bidders making multiple offers, but this is only recommended when you need a faster-than-average distressed sale.

In most circumstances, pricing your condo correctly from the very beginning will net you the best results in both time and money. To find out your condo’s perfect selling price, contact John, the Lake’s Condo Expert, for a No Obligation Market Analysis. He will take the guesswork out the entire process and suggest an accurate market price for your condo. It has never been easier.

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