FSBO NYC Archives - Page 2 of 4

Should You Get a Home Inspection Before Making an Offer?

By Nick Oliver, Principal Broker at Hauseit / November 1, 2018

No, you should never order a home inspection before making an offer because you might waste money on a deal that never happens. The seller may not even respond to your offer, and even if your offer is accepted, nothing [...]

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The Best Home Sale Sites for NYC

By Nick Oliver, Principal Broker at Hauseit / October 31, 2018

StreetEasy is the dominant home search website for New York City real estate. It offers the most complete and up-to-date inventory for NYC listings, along with strong building-level data, including current and past listings, and public filings. This makes StreetEasy

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The original 421a tax abatement program in NYC began in 1971 and is named after section 421-a of the New York Property Tax Law.

The 421a Tax Abatement in NYC Explained

By Nick Oliver, Principal Broker at Hauseit / October 23, 2018

The original 421a tax abatement program began in 1971 and is named after section 421-a of the New York Property Tax Law. The tax abatement was meant to encourage developers to build multi-family residential buildings, with an emphasis on affordable

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The selling agent commission is the fee that is payable to the agent that brings the buyer for a home sale.

What Is the Selling Agent Commission?

By Nick Oliver, Principal Broker at Hauseit / October 22, 2018

The selling agent commission is the fee that is payable to the agent that procures the buyer for a home sale. The selling agent commission is typically 3% of the contract or sale price, and is payable to the buyer’s

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Is it possible to negotiate the listing agent fee or the buyer agent fee? Learn tips and tricks on how to negotiate with a Realtor on commission in NYC.

How to Negotiate with a Realtor on Commission in NYC

By Nick Oliver, Principal Broker at Hauseit / October 19, 2018

It’s much better to negotiate the listing agent commission vs the buyer agent commission because buyer agents represent 90% of all home buyers, which means you’ll want their full attention if you want your home to sell. It’s easier to

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Lowering Home Price vs Increasing Broker Commission in NYC

By Nick Oliver, Principal Broker at Hauseit / October 17, 2018

Assuming your listing agent has already offered a reasonable buyer agent commission in the MLS, it’s always better to lower your home’s listing price vs increasing the buyer broker’s commission. A change in listing price will trigger search alerts, email

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Are there any rules preventing a real estate listing agent from lying about how many interested buyers there are for a property? Can a Realtor lie about multiple offers? Practically speaking, yes.

Can a Realtor Lie About Multiple Offers in NYC?

By Nick Oliver, Principal Broker at Hauseit / October 15, 2018

Are there any rules preventing a real estate listing agent from lying about how many interested buyers there are for a property? Can a Realtor lie about multiple offers? Practically speaking, yes. Even though there may be various code of

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The highest and best offer are asked by home sellers to their buyers when they’ve received multiple offers and are having a tough time deciding.

The Highest and Best Offer Process in NYC

By Nick Oliver, Principal Broker at Hauseit / October 12, 2018

When a home sellers asks interested buyers for their highest and best offer, it typically means they’ve received multiple offers and are having a tough time deciding. As a result, they’ve asked everyone to submit their best and final offer

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You can sell your house fast without offering it for pennies on the dollar to an instant offer program or investor by following a few simple rules.

How to Sell Your House Fast in New York

By Nick Oliver, Principal Broker at Hauseit / October 4, 2018

You can sell your house fast without offering it for pennies on the dollar to an instant offer program or investor by following a few simple rules. Make sure your property is listed on the MLS and all relevant local

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The benefits of accepting a cash offer on a house vs an offer that is reliant on securing a mortgage are speed and certainty of execution. All cash offers are much quicker to close, and you won’t have to worry about the financing falling through.

Benefits of Accepting a Cash Offer on House in NYC

By Nick Oliver, Principal Broker at Hauseit / October 1, 2018

The benefits of accepting a cash offer on a house vs an offer that is reliant on securing a mortgage are speed and certainty of execution. All cash offers are much quicker to close, and you won’t have to worry

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