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Home Selling in Great Neck : Real Estate Advice

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  • Local Info12
  • Home Buying46
  • Home Selling5
  • Market Conditions9

Activity 9
Wed Aug 10, 2011
Jerry Cibulski answered:
Every home will sell if it is marketed and priced properly.
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Fri Nov 26, 2010
First Last answered:
I also own a home in Nassau County. You can pretty much ignore that number on that website, it is a drive-by estimate at best--assuming some taxing official actually did drive by! Condition and most amenities are not evaluated at all that way.

Anna is right, you need data on recent sales, properties in contract, and to a lesser extent current listing data to decide upon a list price for your home. I would add the only number that matters is the one you get from a ready, willing and able buyer.

Karla Harby, VP
Rutenberg Realty
kharby@crrnyc.com
... more
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Wed Mar 17, 2010
Joseph Hastings answered:
Hi Ryan. The answer is a flat out NO! Dog friendly, pet friendly it does not matter a whit. No added value at all to a dog friendly building over a non-dog friendly building. None whatsoever.

The biggest reason to not allow dogs may be fairly obvious. Rottweilers and Pit Bulls. Sure, it's all fun and games until someone gets attacked. If you allow any dogs, you allow all dogs. The best way to avoid certain attack dogs would be to limit the weight of the dog as per the house rules and of course, they need to attend the board interview so everyone can get a good look-see.
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Mon Mar 16, 2009
Anna M Brocco answered:
Hopefully you are working with a Realtor as he or she should be able to guide you and if not consider using one. Keep in mind that the pre-foreclosure sell price will be accepted or rejected by the bank. Not knowing specifics on the particular property in question I hesitate to say more.

Anna
... more
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Sat Mar 7, 2009
Steve answered:
Luxury homes on the North Shore have bigger problems than Bernie Madoff. In Kings Point, for example, many Wealty Persian Business Men and Real Estate developers are heavily dependent on loans from commercial lending institutions who just cut their credit. To make matters worse they bough properties in Queens that are underwater. Many homes in Kensington, GNE and even Kings point are months behind on their morttgage which will result in forced selling later this year . Wall street workers in Manhasset were expecting 300,000 plus bonuses in perpetutiy, many now cant get jobs payin 150K so they will be downgrading. Its even worse in Roslyn and Roslyn heights than Great Neck or Manhasset. to make matters worse These towns are close to Manhatt which conservatively is dropping 3%/month for the next 12 months due to the death of Investment Banking industry. Finally Barak Obama has made it clear he will not subsidize troubled home owners with mortgages over 730K, so North shore long Island will receive no help from the Federal Gov't. I hope this helps ... more
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Sat Oct 18, 2008
Hal Goldstein, IFA answered:
Paula,

If, as you say, your house is in excellent move-in condition and is located in a great location, then I propose your house is not being listed at market value. I will give you the same advice as I gave a prior posting….Determining the value of a home is a complex undertaking and should not be taken lightly. It is not as simple as checking listings and/or comparable sales. My strong suggestion is to locate a certified residential appraiser and discuss your situation with him/her. Also, you will not have to worry about your deal falling through when the bank’s appraiser, appraises your house. If you have any questions feel free to contact me, I can be reach at http://www.SummitAppraisers.com. Good Luck, Hal Goldstein ... more
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Sun Oct 5, 2008
Marian Bennett answered:
Have you discussed this with your agent? You have hired that person for their expertise. He/she will understand your local market conditions - at least as best as anyone can in these current conditions. Also, as Gail states below, understand your own financial situation to determine what would be better for you - to leave it on the market with or without renters. It is always easier to show without renters, even if they are great tenants. It sounds like you are having showings, which is a good sign. Based on your note, it seems like you are on the right track.

Marian Bennett
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Fri Oct 3, 2008
Frank Spencer answered:
You may in fact be costing yourself money. On the average, homes sold with the assistance of a full service REALTOR sell for a whopping 12 percent more than those that sell by owner. Furthermore it does not make sense to discount in a market that is dominated by high inventories and falling prices.

In offering a reduced commission you are in fact limiting your opportunities to show the property all the while values continue to drop and your losses compared to offering a higher commission could be dramatic.

Take your time and interview two or three full service agents who have a proven track record of selling in your market and that investment of your time will no doubt pay off.

Good luck and best wishes,

Frank Spencer
... more
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Sat Jan 12, 2008
Henry Cunalata answered:
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