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Home Selling in 12309 : Real Estate Advice

  • All17
  • Local Info3
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 10
Fri Jan 25, 2013
Anna M Brocco answered:
You won't be giving anything away, if you're not attracting potential buyers...keep in mind that a home is worth what someone is willing to pay for it; it doesn’t matter what the seller needs or potential buyers can afford to spend. Market conditions do matter as does the immediacy for a transaction to take place. In setting a price, it is in the seller’s best interest to focus on the current market conditions--therefore do review comps with your agent, recently sold similar properties in the immediate area; see what the data suggests and adjust accordingly, be as competitive as possible.... ... more
0 votes 11 answers Share Flag
Fri Jan 25, 2013
Bill Eckler answered:

It is commonly understood that the winter months of the northeast are not the most desirable to have a home on the market.

Having lived in the Schenectady area for over 50 years and bought and sold homes at various times of the year, we would like to offer that although on a deminished volume, there are still buyers out there that are serious and seeking the right opportunity.

Our recommendation is to place less emphasis on the time of year the property is listed and more on presenting the home in he most favorable light possible.

clean, paint, declutter, organize, make minor repairs and updates etc.

How many people are thinking your same thought....April?????

You may have an advantage of being the pick of the litter now! What is the advantage of waiting?

Good luck,
The Eckler team
... more
0 votes 5 answers Share Flag
Thu Jan 14, 2010
Bill Eckler answered:
Hi Liz,

This is a situation best referred to an attorney for their input. There may be other options that may be otherwise overlooked.

Good luck
0 votes 3 answers Share Flag
Thu May 28, 2009
Christine Serafini #SerafiniSellsHomes answered:

Home prices continued to fall the first 3 months of this year but consumers were encouraged by low mortgage interest rates and improvements in the stock market.

Although I do not have the crystal ball after reading many articles of past market shifts the shifts usually make a complete shift during a 7 year period. Since prices are still falling the first part of the year I would say that we have not hit the bottom line of priced homes before they start to shift upwards.

Good news for sellers is that there are incentives and programs for consumers to purchase homes. If priced and marketed correctly a home will always sell!

If you should have any more questions or would like to discuss this topic further please do not hesitate to contact me.

Christine Serafini
... more
0 votes 8 answers Share Flag
Tue Aug 5, 2008
Ute Ferdig answered:
Hello Blue54. The answer to your question really depends on the circumstances. I think one of the biggest issues will be to come up with a fair purchase price. When you hire an agent you expect them to provide you with guidance concerning the fair market value of the property and when the agent wants to purchase the propery him/herself, I think the agent can't help you with that and remain impartial. If I were you I would insist on having the fair market value determined by an independent appraiser.

If you agree to owner financing you want to make sure that the agent will put at least 20-30% of the purchase price down and that the agent will be able to make the payments. The agent should not be treated any different from how you'd treat a third party buyer. Last, but not least, there are agents who advertise that they'll buy the house if it does not sell within so many days for a certain price. Usually, the set price is low enough and the agent is confident that he/she can find a buyer for the property and if the porperty really does not sell within the specified time, the agent has investorys standing by to purchase the property from the agent.

In summary, the listing agent's offer to buy the house is not per se unethical, but it has to be done right to protect the seller's interests and to avoid a conflict of interest. I hope this helps.
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0 votes 7 answers Share Flag
Thu May 30, 2013
Christine Serafini #SerafiniSellsHomes answered:
I am a professional realtor in the Schenectady. A best opinion would be for a realtor to come and look at the house and see what you are suggesting as fixing up. TO rent may cause more wear and tear and eventually more fixing up when you asell in 5 years. As a consultant for Schenectady I am very aware of the selling prices of homes and could provide of an in depth analysis of your home and its value. Please feel free to contact me for more information. (518) 514-8830 ... more
0 votes 2 answers Share Flag
Fri Apr 25, 2008
Christine Serafini #SerafiniSellsHomes answered:
Hello - I can send you a Home Market Activty Report for the area that you indicated and as well it is a good to have have the following information;
Type of home, (single family, two family)
Any recent updates to the home
age of roof, boiler
Overall condition of the home.

This will help me provide more confident information for th ehome you are selling.
Please feel free to contact me direct at 518-514-8830 or visit my website at
Look foraward to speaking with you.

Christine Serafini
Licensed Realtor
... more
0 votes 2 answers Share Flag
Mon Apr 7, 2008
Holli Boyd answered:
Do you mean the average days on market for the whole county?? There is a range depending on whether you mean a single family, 2-family, multi-family, commercial property or vacant land and there are pockets in any area that do better then others. I will paste it here - sorry if it comes in screwy ...

Class Current Active Avg List Price Avg DOM
All 1,371 $196,609 130
1F 737 $219,166 113
2F 263 $94,564 122
Rentals 22 $996 73
Vacant Land 116 $192,879 193
Commercial 124 $339,460 199
Multi Family 109 $171,247 133
... more
0 votes 2 answers Share Flag
Thu Nov 1, 2007
ian cockburn answered:
Wed Oct 31, 2007
Ryan Ward answered:
IHi, Matt,

t depends on the MLS system, but, usually it can stay there forever. It's a pubklic record.
0 votes 7 answers Share Flag
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