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Home Selling in 11217 : Real Estate Advice

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Activity 2
Sun May 3, 2015
My NC Homes Team answered:
You can look this up online in the Brooklyn real estate records or you could contact the closing agent who handled the transaction when you purchased it. Or you could speak to a NY attorney who could answer this for you quickly ... more
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Thu Mar 26, 2015
Kevin Hamilton answered:
Lorraine, there is a help virtual advisor that can assist you with this, located at the bottom right hand corner of the screen or support tab at the top. You'll be creating a Basic Account.

Is this your first time selling?

I assume it is given the trouble that you're having setting up a listing here on Trulia. If that is the case, then there will be much to learn in the coming weeks and months as you look to "fly solo" selling your apartment.

Have you considered getting help?

9 times out of 10 people selling real estate want to save the commission costs...period, that dreaded 6% commission :)) But what most Sellers fail to grasp is that by giving up that 6% you may stand to gain more when all is said and done.

It's all about the exposure that you can't get fast enough to gain the highest price possible, when you sell on your own.

What does that mean?

When you try to sell on your own, you must understand that the best quality of buyers come in the first 30 days, the longer your house is on the market after that, the lower the offers will be (statistically speaking). Trulia has a "days on market" clock that starts ticking when you list your property for sale.

When you work with a solid sales focused real estate company with many agents, using multiple MLS services, providing floor plans, video walk-thru, brochures, professional photography, and a database of thousands of active buyers that will be informed of your property with a click of button, you get the mass number of eyes on your property from day one, which if priced right (CMA or Comparable Market Analysis needed for this) is more likely to create a frenzy of buyer activity within the first week of going live. The highest and best offers are sure to come in.

VS

Putting a For Sale By Owner listing online, and in a few other places, and completely cutting out the active buyers that a mass community of Real Estate Agents have in their contact lists right at this moment.

What's in it for the Agent(s)?

A 6% commission that can be split with any of the hundreds of real estate companies in NYC. As a For Sale By Owner, you lose out on this potential frenzy of buyers, and if you still decide to list it on some MLS (assuming its the right MLS) for a flat fee, you STILL have to pay the buyer agent's broker fee (most buyers use a Real Estate Agent), you would still not have the quality representation that the Buyer has and you are more likely to be bombarded with offers that are lower than asking price. You will have to screen each call on your own, from agents and buyers alike, do your best to dodge the scammers out there, figure our the legal disclosures that you must have in NY (seek legal advice), negotiate offers, host multiple open houses, etc.

Statistically speaking, you stand to make more using a Realtor vs. selling on your own.

I can show you the hard facts on paper and provide you a free Comparable Market Analysis of your property along with an action plan from start to finish.

Reach out to me at (347) 342-6130

Kevin Hamilton
Fillmore Real Estate
"We Know Brooklyn...50 years and stronger than ever"
www.RapidKevin.com
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