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Home Selling in 10543 : Real Estate Advice

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  • Local Info1
  • Home Buying3
  • Home Selling7
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Activity 7
Sun Jul 23, 2017
Kathy Burgreen answered:
If you haven't listed it already, you need to use Zillow.com. Go to Zillow.com, type in your address, claim it as owner and follow the prompts. Zillow and Trulia are the same company (Zillow Group) so once it's listed on Zillow, it will sync to Trulia within 24 hours. Zillow should send you a confirmation email when complete.

Since I'm a former realtor with Coldwell Banker (New Rochelle) & Larchmont resident, I need to educate you on some hidden truths if you intend to sell by owner. Instead of doing a complete For Sale By Owner listing, you need to Google "Flat Fee Broker" - Westchester (County), NY or New York City area, etc. Flat Fee broker means you pay a small fee to have your listing in the MLS system + you pay a commission to the buyer's broker. However, you save about 3% by not listing with a full service broker like I was. So your total commission is 3% - not 6%.

The benefits to you of using a flat fee broker is when buyers work with a realtor to find them a home, EVERY realtor will ONLY show them home's that are listed in the MLS system because per the MLS rules, there is a contract in place that the seller will pay a commission to the buyers agent when the home is sold. This means that for every home advertised on Zillow, Trulia and other websites as "For Sale By Owner", that realtor will say the following to buyers: "I'm sorry, but that home is under contract, sold or not for sale (choose one). I do have other homes to show you that are for sale. I can schedule an appointment for us to meet and I would love to show you these home's." I will admit, I'm guilty of saying this too. The issue is it's not our job to check websites for listings advertised as For Sale By Owner. Realtors need a commission check and most don't want to negotiate with sellers to pay us a commission, so it's the lazy way out to lie to buyers.

Another issue you need to know - realtors like myself pay $$$ monthly advertising fees to Zillow, Trulia and other websites to get leads. Our faces & contact information appears on For Sale By Owner listings above the "owner" box. When buyers fill out the Contact form, the default checkmark is next to one of the agent's pictured - never next to the owner. Therefore, that Contact form goes directly to the agent - not the owner. Buyers are supposed to uncheck the agent & put a check mark next to you (the owner), however, very few buyers do this. So when the agent calls the buyer, all the buyer hears is "I'm sorry, but that For Sale By Owner listing is not available." If you are listed as FSBO, you can test this yourself. Pretend you're a buyer & call a realtor. See what they tell you.

The only reason agent's pounce on For Sale By Owner listings is to tell you how stupid you are and that you don't know what you're doing and to convince you that you need to list with Weichert, Coldwell Banker, Julia B. Fee Sotheby's, Stetson, Better Home's & Garden Rand Realty or Houlihan Lawrence. Take your pick, they all have the same system, technology, etc. except Stetson which doesn't have as much as the others.

If you choose a flat fee broker, the MLS is www.hgar.com (Hudson Gateway Association of Realtors). Good Luck. P. S. I'm on Palmer Ave.
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Tue Jul 14, 2015
Christopher Pagli answered:
Typically once it's on here it doesn't come down. Much of the info on here is pulled from other sites or public record as well.

Chris
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Mon Sep 29, 2014
Anthony DeCioccio answered:
Hi: I'm an agent in Mamaroneck's leading rental brokerage office. We can definitely help you find something that works for you at a great price. Please call The DeCioccio Team @ Grand Lux Realty 2 @ 914-732-3702. Thanks. Sincerely, Anthony. Anthony.Decioccio@GrandLuxRealty.com. ... more
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Tue Mar 19, 2013
Dillon Chan answered:
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Thu Apr 5, 2012
Terry McCarley answered:
You need to review the listing agreement you signed. Also, if you are selling the property to someone who looked at it while it was listed who now wanted to buy directly from you proceed with extreme caution as you most likely will be held liable for the commission. ... more
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Sat Nov 21, 2009
Kevin Strawter answered:
I do agree, you need to read your contract you signed. This should have been explained to you by the realtor you hired.
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Fri Nov 20, 2009
Maria Mantis, R.E. Analyst answered:
There are two parts to the listing contract. The contract to put the listing for sale in the MLS and the contract for the exclusive right to sell the property. Make sure both contracts are cancelled. Some agents will cancel in the MLS but not the exclusive right to sell. The seller is then still obligated to pay them a commission if the property is sold through another agency while the first contract is still in force. ... more
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