Share your Condo
In the business where you can literally treat timeshare as real property, timeshare allocation has increased from holiday vacations at various resorts at a specific time to include condos and even yachts. This article will concentrate on how you can sell your condo timeshare.
One of the first things you should remember is that a home is different from a condo. Although its purposes are the same – which is to provide you with a roof over your head and shelter at night, the people you market a condominium to are different to whose who would buy a home.
People who buy homes are those who are already at a settling phase in their lives. Those who reside in condominiums are always in the move and that is a key you have to remember when you are selling your condo timeshare. You have to choose a customer who can stay at a time you need him to and would cause no convenience for you whatsoever.
Here are some steps you can use in doing so:
1. List down all the amenities of your condo. Does it come furnished? If yes, what are these? What are the facilities? How near is it to the public school, public playground, places of relaxation? How is the security?
2. Location is always a dealmaker or deal-breaker when it comes to purchasing homes. If you are located in a dark and creepy area where anything unsafe can happen, this might turn off possible customers.
3. Sell your apartment as if you are selling yourself. Just like how you write a resume. Highlight the assets of your property. Write it down on 3 X 5 index cards first. Then have it made into advertisements such as mini-posters of flyers. Ask permission from your office complexes or the public transit stations to post them.
4. Get your condo out there. Post it on office boards and college boards. Drop by your grocery store and place your ads on their bulletin boards. If more people see this then the higher chance you have of getting an inquiry. Include the address in bold letters or in red highlights. Include your realtor’s phone number.
5. To make your ad more appealing, include a picture of your apartment. Make sure that it is a clean photograph – no clutter in the background.
6. Be creative when you’re coming up with catch phrases. Examples are: Forget Commuting, Walking to Work While Whistling, Minutes away from your ride. Your advertisement needs to get attention.
7. Just because they are senior citizens, it does not mean that they cannot be possible buyers. You can send out your advertisement to retirement homes. You may never know they might have relatives who are looking for a place. You can also target those who are nearing the age of senior citizens. There is a possibility that they do not want to stay in a retirement home.
8. Advertise this to your neighbors. You neighbors can also spread the word for you.
9. Again, remember that you are selling a condo and not a house. People who opt to live in condos are the active and sporty types who do not want to allot their time on gardening and other yardwork. In general, those who own condos are detached compared to those who own homes.
10. There is always the possibility you will miss your condo. Before you do anything, make sure that your mind’s made up to sell it so that you won’t have any strings attached to it once you put the flyers out there.
11. Spread the word to newlyweds or young couples. They’re the ones who are still starting it out and won’t have enough money or credit history that will most likely be pre-approved for a home application. Single parents can also be possible customers as well as friends who have just moved out of their houses and are rooming in together. Do not limit your market to those A-listers who most likely can buy it.
Most importantly, tell them how it was like living there. Nothing beats words straight from the horse’s mouth.
Copyright 2006 Jim Sterling - All Rights Reserved
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