A few months back, I sat down with my sellers to strategize how to maximize the return on their investment property. With tenants occupying the condo for several years, we knew selling it “as-is” wouldn’t net the highest return. The key was finding the right balance between valuable updates and unnecessary costs. I provided my sellers with tailored advice on which upgrades would truly boost the value and what wouldn’t offer a solid return on investment. The tricky part in any resale is knowing where to draw the line—too many sellers end up spending money that doesn’t lead to profit due to poor guidance. Thanks to our plan, we sold the property before any other units in the complex, and we closed at full list price! Congratulations to our sellers, and thank you for Calling The Schotz!

Transaction details: Phoenix, AZ 85054, closed September 2024, represented the seller.