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How To... in 10280 : Real Estate Advice

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Sat Nov 1, 2008
Jenet Levy answered:
Hi, Laura. My suggestion would be to list it for sale now, since you are not moving til Spring '09. You have a few months to have a terrific agent work diligently on getting it sold. If you don't have a signed contract and you are close to the time you will be moving, then you can switch gears to renting. Generally rentals go on the market the month before, for example if you are leaving in May, you can put it on for rental in April or even March. If you are lucky, and you had it priced right and it was given really good exposure, you might alreadt have a buyer by then. If not, as I say, switch gears at that point. If you list it for sale the two key things that make an apartment sell are that it is priced correctly (some companies are notorious for overpricing listings which just wastes your time and you end up having to reduce it) and that it gets the most exposure possible. In order to get the most exposure it is critical that your agent and their company are part of the National Association of Realtors (that REALTOR trademark symbol). That means your property will be listed in all the same places that most NYC companies list it, but additionally on REALTOR.com and other sites that only REALTORS have access to. REALTOR.com is the most heavily trafficked real estate website. Most NYC companies do not have access to it. Mine does. It also guarantees that your agent subscribes to the highest code of ethics. Please feel free to click my contact info for more info or direct help. ... more
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