How to Sell a Duplex
In today’s real estate market, selling a duplex appears to be easy. These properties come and go in a couple of days, often before they’re even listed on the MLS. Seems like a dream come true!
However, if you’ve sold a property before, you know that selling is never as easy as it sounds. Before you list your property, you will want to ensure that you get the absolute best value out of it. There may be some minor upgrades or projects that you should take on here and there, but remember, the next person to buy your property is likely to be an investor. There are some upgrades that could go entirely to waste without providing any additional value from your duplex.
Before you list your property, you will want to ensure that you get the absolute best value out of it.
This is why we like to walk through our sellers’ properties before we list them. After many years in the business, we’re confident that we know a worthwhile investment versus a wasteful investment when we see it.
Ultimately, the kind of investment you will want to make depends on the state of your property. In some cases, it might be in your best interest to call a painting company. In other cases, you may want to consider calling a house cleaner or replacing a countertop.
In any case, don’t get talked into the idea of any unnecessary, luxurious investments. Granite countertops, for instance, have a reputation of not being worth the investment.
In Minneapolis, There are Plenty of Duplexes to Go Around
Even though duplexes are hot and are selling quickly, we’d urge you not to take the selling process lightly. In many other cities and states, duplexes are hard to come by, but in Minneapolis and Saint Paul, there are thousands to go around. Don’t let your duplex get lost in the noise.
You might have expected us to say this, but we’d highly recommend working with duplex specialists as you look to sell. Drew, Scott, and I have many years of experience in both buying and selling duplexes, and in many cases, we’re able to line up buyers for you before you even list your property. Most real estate agents don’t want to deal with the complexities of the duplex market, meaning that many of their buyers come to us to work through this process.
Most real estate agents don’t want to deal with the complexities of the duplex market.
In fact, for the past four years, we’ve sold more duplexes than any other real estate agent in Minnesota.
If you’re interested in selling your duplex quickly and getting the best possible value out of it, we’d love to talk more about what we can offer you. Please feel free to reach out to us today for more information.
Also published on Medium.