I have a2bd1baco-op on the lower east side. my flip tax is 17.5 . I would like to save 40k

Nelson Castro
Home Seller
City Island, Bronx, NY

and sell it myself. I am aware of the pitfalls, but i want to try. Any advice? thanx

Answers (5)
Emilio Velazquez
Broker
10002

Hello- Mr Castro look up the following sites. 1-public.olr.com 2- streeteasy.com 3-residentialnyc.com. If you decide that you are in need of professional help. Check out my website emiliorealestate.com. P.S don't worry i shall charge you 6 cent on a dollar. Happy hunting friend!

Wed Jun 24 2009, 16:20
Sydne Hero
Agent
Park Slope, Brooklyn,...

Get a good real estate attorney to advise you, get some good photographs taken and advertise here and on the NY Times real estate website. Hold open houses every Sunday between noon and 4pm (any 2 hours within) and just make sure you keep in close contact with your attorney. I'll be happy to refer a good attorney to you and give you tips if you like. HeroRealty@gmail.com

Tue Jan 8 2008, 14:24
Rudy Bachraty,...
Real Estate Pro
Fort Collins, CO

nelson,

if you're still here on voices, i'm curious to know how it turned out. was the flip tax on the profit [difference between the price you bought it for and the current contract selling price?]

you have choices....

Thu Dec 27 2007, 21:13
Robert
Agent
New York, NY

Nelson,
Is your flip tax really 17.5% of your sale price? Can that fee be negotiated if you get interest from mulitiple buyers? You may want to start with a written explanation of why it is so out of whack. Standard flip-tax is 2% of the purchase price paid by the seller.

Maybe you should consider taking a few weeks to try to sell it on your own, if it doesn't work, call a professional. I'd be happy to help. robert@ghk.com
-Rob

Mon Nov 5 2007, 13:15
Aileen-Manha...
Agent
New York, NY
FIRST ANSWER

Mr. Castro,

There are plenty of prior questions on For Sale By Owners - commonly known as FSBO- I would suggest reading them for pointers, first. Here's a link to start you off on your search.

Sun Nov 4 2007, 20:13

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