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May 2, 2019

Things You’ll Learn On Your First Condo Tour

Filed under: Center City Real Estate,For Buyers,Of Interest to Buyers,Real Estate: Condominiums — Center City Philadelphia Real Estate Agent @ 1:35 pm

Once you’ve spent all the time you can browsing Philadelphia Condos for Sale online, you’ll finally be ready for your first condo tour. Here are a few things you’ll learn in person that online listings may not reveal at first glance.

1) Many “concierge” folks are, in fact, front desk attendants. In some buildings, I think it’s fair to say they are simply seat-fillers. Sorry.

2) You should NEVER underestimate the value of good closet space. Ever.

3) Many newer construction high-rise buildings do not vent the stove or the dryer to the outside.

4) Deeded parking usually doesn’t really mean “deeded” parking – most parking spots do not have their own separate deed (they’re usually assigned and/or identified as a limited common element in the condominium declaration).  There are some exceptions here but they are rare.

5) An alarm system inside a condo is likely useless to a buyer because the systems become obsolete very quickly.

6) Almost all new or replacement floors are laminate. They look great, they don’t wear, and they come in 1.5 jillion colors/options.

7) Most tenants usually don’t want to move out and will often make showing the home a nightmare- from locking deadbolts to leaving the home dirty and looking like crap for showings.

8) You really shouldn’t rely upon a “fact sheet” or what you read in the MLS. That info may be outdated and should always be verified…(I am lookin’ at you Zillow and Trulia!).

Mark Wade
BHHS Fox & Roach Realtors®
www.CenterCityCondos.com
530 Walnut St.#480 | Philadelphia, PA 19106

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530 Walnut Street, Suite 480
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
Email: Mark@CenterCity.com
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