Maybe this site can help you finding the right variant for a living. Also, as I understood, you can make bids here (like on ebay) in order to motivate landlord to choose you. Sounds interesting.... more
Technically, Yes. Beware, you have 2 obstacles:
1. The co-op Board may object & tell you "No."
2. Buyers in NYC refuse to buy a co-op that they cannot move into immediately. Buyers will not accept a rent back.... more
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Northern New Jersey has exactly what you need. Take the GW Bridge and stay in the local lane. Follow signs for Route 4. Look at all the towns north of Route 4 - Englewood, River Edge, Paramus, Fair Lawn, Bergenfield, Oradell, Glen Rock, Saddle River - up to the New York State border (Rockland County).
If you're closer to the Lincoln or Holland Tunnel, take either one and follow signs for 95 North to I-80 West, then Garden State Parkway North. Once on the Garden State Parkway, get off at any of the exits before the New York State border and drive around the areas.... more
I am constantly surprised at this question. Have you heard of Hauseit? Use them if you want to get access to buyer agents and avoid harassment from all these agents here with little to do. That is called an agent assisted FSBO.
Alternatively, you can do a straight FSBO via sites like this (Trulia, Zillow etc) however be warned that you will likely lose out on all the buyers represented by agents. I believe something like 90% of all deals in NYC are agent to agent. So you would be hoping to get lucky with a direct buyer that is not working with an agent. Also be warned you will be cold called and emailed probably 400 times (no joke) by rookie agents staffed to do this in the slim hopes of converting you to a full commission listing.... more
Agree that high property prices in NYC mean that the standard 6% commission makes absolutely no sense, these guys will earn more on the average $2mm deal than most people make in a year ($120,000)!
I believe new development deals and commercial deals are a bit more negotiated than just 6% but it is still unbelievable. I am not sure why more developers are not signing up for agent assisted FSBOs so they can get the same exposure without paying away all of their returns. At the very least you would think they would agree to do a 1% option vs 6%..unbelievable the status quo...... more
Owners is not the right choice for NYC. I believe they along with forsalebyowner.com and a few other sites may get a decent amount of traffic in middle america ... however you are wasting your money with them in nyc. Problem with them is they will not get you on StreetEasy, RLS, Brownstoner or any of the places that matter in New York City. There are a few choices however, check out Hauseit they are a new internet company that does an agent helped FSBO .. a bit different but it works. Good luck !... more
You don't want to pay 6% so you have two options. FSBO if you have time to spare and a lot of patience. Or you can do an agent managed (i.e. assisted) FSBO via a firm like Hauseit to get you full exposure (RLS, StreetEasy, etc).
Either way, not a good idea to take a 6% immediate capital loss. Good luck.... more
I have a great house in Queens available & the bank has approved it for a short sale. Feel free to browse my listing here on Trulia and contact me if you'd like to arrange to see it.
All the best to you.
Licensed Real Estate Broker