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Home Selling in 02139 : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling4
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Activity 4
Sun Nov 19, 2017
Dipiazzadenise answered:
This depends...if you are renting the home, will this be a "legal" bedroom with the egress window in your area? If so, it may be worth it. 3 bedroom rentals do bring in a higher price, however a bedroom in the basement won't be great for every family. For instance, a set of parents with two girls and a boy would want three bedrooms, but if all of those children are under the teen ages- then they would probably not want a basement bedroom. Yet, a family with teenagers, or a single mom that wants to share her space with an adult friend to help with housing costs may love the split design. (If you are renting section 8 homes, you also get more for three bedrooms and there is a higher demand- but the codes may even be more strict than those for regular rentals- you will have to check with HUD for your area.)

If you are selling the house? I would say "no." You could very easily get a few quotes to have the egress window and show it to prospective buyers. Listing it as a "possible third bedroom." This may give buyers who want three bedrooms an incentive to purchase your home, for a little more than a 2 bedroom might go for, if it is just a simple conversion. They may see it as a "deal," and you may get a bit more money for this on your home. However, putting in the window and trying to just push it as a "three" bedroom might not fly with perspective buyers, and it probably won't bring you the same money as other three bedroom homes in your area.

Hope that helps! Good luck.
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Mon May 16, 2016
RBman answered:
Patty - I think it's very admirable that you're trying to sell without an agent. We tried ourselves in NYC and it was a disaster for several weeks. Then we found out about how to get on the RLS (version of MLS here in NYC) via an agent assisted FSBO listing and things improved quite a bit.

It sounds like you did some sort of flat fee MLS listing as well but are still getting harassed by agents. In NYC it's quite a bit better because REBNY (real estate board of new york) is quite strict about solicitation by agents of other agents' exclusive listings. I've included a link to a good fsbo tips article from the guys at Hauseit which is a fsbo website I used in NYC. The fsbo tips should still be pretty applicable for you. Good luck!
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Wed Oct 31, 2012
Alex Haidar answered:
I would recommend you work with a Real Estate Broker to prepare the initial paperwork for a flat fee, then present the paperwork to your attorney for further processing. The attorney should know how to then prepare the Purchase and Sale Agreement and schedule the closing. Some brokers may provide you with "A-La-Carte" services for a smaller fee than a full commission. ... more
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Fri Jun 19, 2009
Sandrine Deschaux answered:
Usually Tuesday and Thursday anytime between 11 am to 1 pm. Objective: Previewing for our clients + connecting with our colleagues in the community + pricing properties. if you need assistance, please do not hesitate to contact. ... more
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