It is important for your unit to have as much exposure as possible. Open Houses, and advertising are key. Showing it as often as possible....it is difficult to say yes to each and every appointment however you never know when the right buyer will appear.... more
If you are offering compensation to a real estate professional that finds you a house you should market that compensation directly. If you are not, the commission is paid by the seller and the brokers fiduciary responsibility would be to the seller. I come across a number of properties subject to the NYC Tax Lien process in my due course of business. Give me exact parameters of what you are looking for and I will let you know what is available.... more
The listing agreement is a contract. Call a real estate attorney for complimentary advice but you should have 3 business days to "change your mind". You should check your copy, check the dates, because if that wasn't completed it wasn't valid. Call a real estate attorney to verify this information.... more
it all depends if you are planning on staging the property or not. if you are planning on leaving it empty its probably not a good idea. buyers like to see a home with furniture in the home to get an idea about the space they will utilize. Contact your agent to see what will get your property sold quickly.... more
It appears that several mistakes were made by your sister:
1. If your goal was as you state to sell the house fast but not give it away, it should not have been listed at approximately $300,000 over what it was worth. Any serious buyer would not even want to view the property if it's that overpriced. By pricing it closer to market value, you would have many more showings which would generate offers.
2. By taking it off the market your sister has eliminated all competition and MD therefore has no sense of urgency to purchase the house. Relist it as soon as possible and continue to show it to all intersted parties until contracts are signed and the buyers deposit is in escrow.
If you have any further questions, you can email me at firstname.lastname@example.org.... more
Hi Just wondering, this question was asked a while ago- but here goes-Order of business- get an experienced agent/broker to come over and bring you a report called a Comparative Market Analysis-should be FREE. it will include area information including available listings (your competition) and their condition, sold listings, and listings that are in contract and waiting for financing or title reports, surveys etc.etc.. By comparing the properties and getting your agents input- you should be able to get a pretty good idea- what you should address before, during or while selling.
Choose one that you feel comfortable with- that is knowlegeable, experienced and will spend money on marketing your listing not themselves
Once you have a buyer,he/she will order the inspection, if all is well, you would contact your (an) attorney, after you are fully under contract, the buyer will make application for his mortgage, which will order the appraisal, survey, title etc,etc,
I know some great attorneys if you need a list. More information Terry K 718-614-3167 or email TKorahais@elliman.com... more
The only way to truly know what your home is worth is to sit down with an experienced agent in your area. They should show you copies of similar houses that have sold in the past 6 months in your immediate area. Then after looking at your house, make adjustments for recent renovations, etc. Online estimates are worthless. There could be 2 houses with the same exact footage and land size where one hasn't been renovated in 30 yrs. and the other ultra-modern. inside. Online sites wouldn't know to make adjustments for this.
If you'd like further info on what your house is worth, you can contact me at 718-224-1515 ext.106. I have sold many houses in the Whitestone area.
Consult with your attorney for an actual breakdown; generally one can expect attorney fees, broker fees, NYS transfer and NYC transfer tax, miscellaneous fees, existing mortgage pay off, etc. Keep in mind that broker commissions are always negotiable between you and your agent, there are no set standards, therefore choose your agent with care and not by commission alone.... more
I did a search on MLSLI thru my agent access and could not find the home as available or unavailable. If you listed your home for sale and it is not visible to me or other realtors, it may be that the listing was done as an office exclusive. Did you agree to this? An office exclusive, only those agents in that particular company or office will have access to your home.
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
Jessica has given you the best advice here. Because this is a co-op, the seller is going to have to move once you get approved by the board, and all paperwork has been filed properly. The management company generally does not charge for the financials, so it should not be a problem for your attorney to obtain them, even though the seller's agent is not doing their job. When they take the listing, they should get this information from the seller, who gets a copy of these every year. If this co-op need an Attorney General's Disclosure ammendment, they should have a copy of that as well. I will admit however, many sellers just toss this information when they get it.
Are you taking out a mortgage to buy this property? There may be information that is required by the lender pertaining to the co-op that the managing agent will charge you for anyway, such as having a quetionnaire completed.
What is the name of the co-op corporation that you are buying in? Some of the agents who post here might be familiar with it, and can give you some advice.... more