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Home Selling in Schenectady : Real Estate Advice

  • All99
  • Local Info7
  • Home Buying22
  • Home Selling5
  • Market Conditions8

Activity 12
Mon Sep 7, 2015
Dennis Evans answered:
Thu Sep 18, 2014
Judi Monday, CRS answered:
Trulia only allows listings represented by a licensed real estate agent. However they are a number of good For Sale By Owner sites out there that you might consider.
0 votes 6 answers Share Flag
Thu May 30, 2013
Dennis Evans answered:
Akiyo,
What did you ever do? Its a great time to sell now!
Dennis
518-649-2507
0 votes 2 answers Share Flag
Fri Jan 25, 2013
Jeffrey Horn answered:
The best month to list your house is the month you decide you want to sell.

This past December I had 6 closed transactions. While the cold weather and snow may lower the number of potential buyers, but rest assured that homes are still selling. If your competitor decides to take their home off the market for the winter you have less competition.

Important! Buyers who are shopping during this time show a higher motivation to purchase because their home just sold or they just moved into the area or their current living space is not enough. They want to buy now.
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0 votes 5 answers Share Flag
Fri Jan 25, 2013
Jeffrey Horn answered:
Some areas have a longer sales cycle than others. Typically as the price increases the sales cycle increases. Locations have higher and lower demands, for example, property in mid-town Manhattan commands a higher value due to higher demand. Property value in Machias NY, a rural community by comparison, will command a lower value. Areas in and around cities commonly have shorter sales cycles than areas in rural or less densely populated areas. It all comes down to market value.

Market Value: The highest a buyer will pay and the lowest the seller will accept. Sellers always want the highest and buyers always want the lowest.

The best suggestion I have is if you are looking to solve the problem in selling a home is to talk to a Realtor. Call me.
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0 votes 11 answers Share Flag
Thu Jan 14, 2010
Deborah Conti-Pinnacle Realty answered:
Hello Liz,

Contact an attorney. Please! Relatives or not, disagreements can happen as well as "Issues" with what you want to do. Yes, you can do the proces yourself, but I would strongly advise you against it and would strongly advise you to obtain and attorney to do the paperwork. You will then have the legal protection and the attorney will make sure that all parties are made aware of the process in writing. I have had clients do the very same thing for a minimal fee. Good luck!

Deborah Conti, Associate Broker, CSR, CBR, SRES, CIREB
Re/Max Park Place - Re/Max Multi-Millions Top Producer - Hundreds SOLD!
Phone: 448-9101
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0 votes 4 answers Share Flag
Thu Jan 8, 2009
Bill Eckler answered:
Connie,

The present owner's name is a matter of public record and can be found by using the accurate address for the property on www.records.schenectadycounty.com/

Good luck
0 votes 2 answers Share Flag
Tue Aug 5, 2008
Sylvia Barry, MAS,CIPS,SRES answered:
I think it's O.K. to have the listing agent buy the house form the seller, as long as the two agreed on the terms and conditions. If the seller is happy with what he is getting, then it should be O.K. However, if the seller has any doubt, then it is best not to pursue the sale to avoid further complication. But again, if both sides are happy, then that's a deal made.

On the second issue, I wonder why the listing agent wants the seller to carry the loan. Was that something the seller already offered to any buyers, or is it because the listing agent can not get a regular loan otherwise? If the seller agrees with this (along with the interest rate, the payment plan, etc) of the loan, it should be drawn up by an attorney to make sure the seller is protected should the listing agent default on the loan for whatever reason (same as if it's purchased by any other buyer asking the seller to carry back).

Basically if all is out in the open, agreed upon, with real estate attorney advise. then I would think it's O.K.

Sylvia
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1 vote 7 answers Share Flag
Fri Apr 25, 2008
Gail Gladstone answered:
Call in several Realtors to provide you with a complimentary market analysis. At the same time, they will all provide their marketing plans...get the plans in writing.

If you will put it on the market in the fall, you will need to meet with various Realtors before hiring anyone. Also, you will need to get this analysis done again in the fall...Banks only allow appraisers to go back 3 months in recent sales to do this analysis.

When thinking of hiring a Realtor, make sure it is someone who is a marketing agent, not only a selling agent. Marketing agents market to all the Realtors, not just buyers.
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0 votes 2 answers Share Flag
Mon Apr 7, 2008
Christine Serafini #SerafiniSellsHomes answered:
In regards to Schenectady County - the last 12 months the average days on market for sold properties was 53.7. If you would like informationon a specific area of Schenectady please let me know and I can forward that information to you.

Regards,
Christine Serafini
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0 votes 2 answers Share Flag
Thu Nov 1, 2007
Matt answered:
Wed Oct 31, 2007
Matt answered:
Follow up: The realtor did remove his sign and remove the listing from his website. I'm happy about it.
0 votes 7 answers Share Flag
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