Property Selling: How to Price Your Apartment Fairly

apartment building

If you have an apartment building, you may probably be dealing with a lot of things. The chances are that you are marketing your vacant units, negotiating with problematic tenants, ensuring your building’s maintenance, and getting repairs for some damages. Despite all these tasks, the time has come when you’ve finally decided to sell your apartment complex. But before taking the plunge, you will want to ensure you make the most out of your property selling. 

In this article, we will share five ways to sell your apartment at a fair price:

1. Factor in your apartment’s distinct features

Remember that every apartment is unique, and each with distinct features. No matter how similar some complexes are, they still have some differences. That said, it’s important to be well-acquainted with your property’s unique features, as they will determine your sales price. The more unique your property is, the greater the chance you can sell it at a higher price!

2. Go beyond the listing prices

For the most part, you may be referring to property listing sites to check the costs of similar apartments in the neighborhood. However, it’s best to look beyond these listing prices as they may only reflect other sellers’ unrealistic goals. The best course of action is to check the prices of apartments that are already in contract. That way, you can have a better idea of your property’s sales price.

3. Seek more information from your broker

When in the process of selling your apartment, you will likely work with a real estate broker. It’s important to make the most of their services by seeking more information and allowing them to help you decide on the sales price. As they are experts in the field with years of experience, they will have the knowledge and expertise that can help you make the right decision.

4. Consider the monthly costs

A vital part of the overall pricing process is to factor in your building’s monthly costs. This is because property assessment and monthly maintenance matter a lot to potential buyers. The higher the maintenance your property needs, the lower the sales price must be. As such, be sure to find out what the monthly cost will be to the average buyer and make the necessary pricing adjustments!

5. Under-price your property a little

It may be tempting for you to sell your apartment at a higher price so that you can gain a higher return. However, the rule of thumb is to sell it at a relatively fair price, and it won’t even hurt if you under-price your property just a little. That way, you’ll be able to sell it as quickly as possible. Just make sure the overall pricing is fair enough for you so that you won’t be selling yourself short.

Here at Buying Apartment Buildings, we want to ensure that you sell your apartment building quickly and efficiently without any commission fees or costly repairs. We’ve already helped multi-family owners sell their properties at reasonable prices. Now, they’re free from having to deal with huge expenses, hard-headed tenants, and even problematic managers. If you’re looking to sell your apartment complex, we’ve got you covered!


At this point, we’ve covered the topic of property selling, particularly on how to price it fairly. All it takes is to factor in your apartment’s distinct features, go beyond the listing prices, seek more information from your broker, consider the monthly costs, and under-price your property a little. With all these in mind, you’ll be able to get the most out of selling your apartment building!

Do you have some rental properties and are looking to sell them? Look no further! We’re specialized in helping owners with buying and selling an apartment building. Get an offer from us now and take advantage of our e-book!