Selling in NYC Archives

Strategies for reviving a stale real estate listing in NYC include a price reduction, staging, aesthetic upgrades, decluttering, new photos or relisting.

How to Revive a Stale Real Estate Listing in NYC

By Hauseit / November 8, 2019 November 8, 2019

The most immediate methods for reviving a stale real estate listing in NYC include making a price adjustment, considering staging and aesthetic upgrades, decluttering, taking new photos and conducting broker outreach. If your asking price is slightly above a key …

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When Do I Owe a Realtor a Commission?

By Hauseit / November 6, 2019 November 6, 2019

Sellers typically owe a Realtor a commission once their home has been sold; however, some more "old school" listing agreements will have language stipulating that a seller owes commission as long as a "ready, willing and able" buyer has been …

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Agents won't agree to an exclusive agency listing agreement because of conflicts of interest that such an agreement would create. Sample agreement & more.

Why Agents Won’t Agree to an Exclusive Agency Listing

By Hauseit / October 25, 2019 October 31, 2019

Real estate agents won't agree to an exclusive agency listing because of the conflicts of interest present in such an arrangement between the owner and the agent. The owner might just be price checking an existing offer, and the agent …

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Considerations when selling your NYC co-op and buying in the same building include board approval, logistics, sale contingency strategy and closing costs.

How to Sell Your NYC Co-op and Buy in the Same Building

By Hauseit / October 24, 2019 November 13, 2019

It’s a luxury most New Yorkers cannot afford: selling your existing co-op or condo to buy a larger apartment in the same building. The idea of remaining in the same school district, having the same neighbors and preserving all of …

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What Are the Steps to Selling For Sale by Owner in NYC? Is Selling FSBO a Good Idea in NYC? What Is the Value Add of a Full Service Listing Agent?

For Sale By Owner NYC For Dummies

By Hauseit / September 19, 2019 September 25, 2019

Listing For Sale by Owner in NYC is a popular alternative to paying a traditional broker commission of 5% to 6% when selling in New York City. For many sellers, paying a broker commission of up to 6% in addition …

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How to Sell Your Home Yourself in NYC

By Hauseit / August 28, 2019 September 5, 2019

If you’re looking for ways to sell your home yourself in NYC, chances are that you’re trying to reduce or fully eliminate the traditional 6% real estate commission paid by most sellers in NYC. Many articles have been written about …

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Recast Mortgage – Recasting a Mortgage Beginner’s Guide

By Hauseit / August 9, 2019 August 20, 2019

Recasting a mortgage simply means calling up your bank and asking them to re-calculate your mortgage payments after you've significantly pre-paid your loan balance more than required. It doesn't cost anything to recast a mortgage, but you do need to …

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What Level of Service Should I Expect from a Flat Fee MLS Listing?

By Hauseit / July 24, 2019 November 13, 2019

It is important for NYC FSBO home sellers to realize that a Flat Fee MLS Listing (RLS for NYC customers) listing is an ‘owner managed’ option. This means home sellers should not expect anywhere near the same level of service …

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Selling an apartment in NYC with existing tenants in place can be much more challenging than selling a vacant apartment.

Selling an Apartment with Existing Tenants in NYC

By Hauseit / July 17, 2019 November 13, 2019

Selling an apartment in NYC with existing tenants in place can be much more challenging than selling a vacant apartment. This is especially so if you’re selling a co-op or a single-family home which is not catering to an investor …

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The most important thing home owners need to realize when they try to sell For Sale by Owner in NYC is that they can’t avoid all brokers completely.

How to Sell For Sale by Owner in NYC

By Hauseit / June 27, 2019 September 9, 2019

The most important thing home owners need to realize when they try to sell For Sale by Owner in NYC is that they can’t avoid all brokers completely. If you try to exclude brokers and write “no brokers” or “principals …

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