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Home Selling in Sayville : Real Estate Advice

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  • Home Buying5
  • Home Selling3
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Activity 3
Thu Feb 1, 2018
Mark Wilson answered:
A total commission of 6% is typically asked for by “full service” Agents working for the big national real estate firms in Long Island, NY. 70% of Sellers list with the first Agent they speak to, and we find that most Sellers who agree to pay a full 6% commission do not realize that real estate commissions are NEGOTIABLE!

The national average total real estate commission in 2015 was 5.26%.

In New York, you will find the following real estate commissions charged:

Typical Asking Commission: 6%
Competitive Commission: 5.0%-5.5%
Very Competitive*: 4.5%-4.99%

* 4% commission can be negotiated on multi-million dollar properties

IMPORTANT...

Real Estate Commissions are split between the listing Agent (who works for you to sell your home) and what will be offered on the MLS to any Agent that brings a Buyer to buy your home. In a typical 6% total commission, the listing Broker is paid 3% and 3% is offered on the MLS to all Agents working with Buyers (so they can see what they will earn if they bring their Buyer to your home and complete the sale).

When you meet with your listing Agent, also remember that, unless they are a “Broker/Owner”, they will have to split their commission with their employing Broker. High producing Agents can work up to getting 90% of the listing commission from their Broker, but typically less experienced Agents may only receive 50% of the listing commission.

AGENTS ARE WILLING TO BID THEIR COMMISSION RATE TO GET YOUR LISTING...

At ListingBidder.com, we first negotiate on your behalf a competitive real estate commission structure with HIGHLY EXPERIENCED, HIGHLY RECOMMENDED Agents who know your LOCAL market (even YOUR NEIGHBORHOOD); each ready to bid for your business. These Agents are not just ordinary Agents as many of them are broker/owners and they have the best ability to negotiate their commissions and be competitive, in part because they do not have to share their listing commission with the brokerage firm. This is a direct benefit to you and will save you thousands of dollars in real estate commission fees over the typical fees in NY.

I hope this information help and good luck to you in selling your home!
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Mon Jan 23, 2017
Louise Wild answered:
Hi Gayle,
How did you make out with that relocation to Suffolk county? Right now there is little inventory but it makes for great challenge for new listings. There are a lot of buyers out trying to buy before interest relates up. ... more
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Sat Jun 2, 2012
Edith Karoline Jasser answered:
Oh Mary,
I hope you will work with an experienced Realtor to give you some good advice here.

Usually I suggest a few things to my clients that are in a similar situation and do not want to put
a lot of money into the home before selling.

A if you have heavy curtains remove them, bring in as much light and sunshine as you can into the
home. Set the dining room table with wonderful table cloth, candles, fresh flowers and lovely china, make it look like you are getting ready for a great dinner with friends...

Set the kitchen table to make it look like someone will be having miffins and hot chocolate....

Have some wonderful plantings at the front door just some nice flowering pots....
And new mat for cleaning the feet something pretty and inviting

Then if need be ask your Realtor if paint on a few walls, like deep red on one wall of the dining room, or lovely green yellow or blue, depending on your cabs will enhance the kitchen.

Paint is still one of the cheapest ways of making things look clean and more updated

Then your Realtor can help with staging, i.e. moving around some furnishings sometimes from room to room, like a lovely desk in a bedrooms could have more impact in a living room corner or as a side table in the hall way... and removing some furniture will make the place look larger.

And then make it smell delicious....
I have a few different ways I suggest to my client
a) pop buttered pop corn
b) or pop a cinnamon bun or two in the toaster oven or micro to make it smell like you just baked

vanilla candles in the bathrooms and the bedrooms are also nice

So your all set up and uncluttered (only if necessary by the suggestion of your Realtor, they will know, as they will look at your home with the eyes of a buyer)

If you want to add anything and spend a little money a big very well working suggestion is
mirrors, they reflect the rooms and the light, they make things look brighter and bigger...

You could buy a large one and just lean in a corner of one of the rooms Living room family room or
and make it more dramatic, and you and you can hang one in a small entrance to open it up
just look around and see where you could replace a Painting or other artwork with a nice size
mirror....

Just a few ideas, I am full of them, and have been super successful with staging and recreating a home before listing it for my clients...

Good luck to you, you will get it sold....

EdithSellsHomes@gmail.com
@Properties North Shore, 30 Green Bay Rd, Winnetka, Il. 60093
covering the city of Chicago, all N and NW suburbs and the fine homes of the North Shore
Edith always works in the very BEST interest of her clients, Buyers, Sellers and Investors alike and she certainly goes the x-tra Mile with a Smile for all her clients with experience and market expertise

Have a wonderful Day!
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