Here are some great Tips for Selling a Kansas City Multifamily Home
2019 is a terrific year for selling multi-family property in Kansas City given the rise in millennial buyers, the vigorous job market, and steady reduction in mortgage rates.
Buyers across Kansas and Missouri are increasingly interested in investing in multifamily homes, and as one of the leading multifamily brokers in MA, we can help you understand the basics of successfully selling your property with a handsome profit.
Let’s take a look at some industry insider tips for selling a multifamily home in Kansas City:
Do your Homework
It is important for multifamily property owners to do their homework, review all lease agreements, and prepare themselves for the selling process. Selling a multifamily property in Kansas is far more challenging than a single-family home, and these properties are primarily purchased by investors looking to open up new income streams. Selling of multifamily properties with uncooperative tenants can be a terrible ordeal, and property owners need to be mindful about respecting the rights of their tenants.
Home Maintenance & Improvement
As with any other property, a prospective buyer will only be attracted to your property as long as it is well maintained and attractive. Be sure to boost the curb appeal of the property by beautifying the garden, planting some rose bushes, and trimming away all shrubs and weeds that destroy the view.
The upkeep and improvement doesn’t stop at the curb appeal, but in fact, it also involves decluttering all the mess, and extensively cleaning up all the major parts of the property, including the rooms, kitchen, and laundry. The parking space must also be in pristine condition, and be sure to examine all the doors, locks and cupboards to make sure nothing is creaking or damaged.
Hiring Top Multifamily Brokers in Kansas
Hiring experienced and competent multifamily brokers in MO is an important decision for selling any kind of multifamily property, which tend to be trickier and challenging than other residential properties.
Much like a commercial real estate agent cannot help you sell a waterfront property, you need a top multifamily real estate broker with extensive experience in selling multifamily properties, and dealing with home staging and showings while tenants occupy the property.
The sale of a multifamily property involves a great many complexities and legalities, and at Lutz Sales + Investment, we address all your worries and woes, be it an uncooperative tenant, financial complexities or lease agreements.