Top Real Estate Agents / Realtors in New York City NY

Top Real Estate Agents / Realtors in New York City NY

Best Real Estate Agents in New York City New York
Before going forward, I must first address and apologize for my lack of updates. In 2019, I lost track of what was happening around me and my business until recently. All this has contributed greatly to why 2020 is being considered my worst year since starting xonto.com. While many people blame me personally for some things, they fail to understand that the problems facing me are ones created outside my control. For starters, we had no employees for 3 months due to COVID 19 shutdown, which caused delays for things like website development & content creation, accounting, payroll processing, payments, shipping, customer service, customer support, and other related services. All these were delayed because most companies closed during Covid period. But the situation wasn't just bad news; it's downright devastating. During those times, my ability to communicate effectively via phone, email, chat messaging apps were severely slowed down as well. Because of that, communication became increasingly inefficient. As the saying goes, "Time flies" When someone says "How is everything?", it becomes easier than ever to respond "All good". But then again... that isn't really true. And not only am i writing this article today, but i'm still working full time while trying to get this website back online. So please excuse me for slow response times, especially considering that all I've done lately is work overtime. The point is, my life hasn't changed much, at least physically speaking. My days go along exactly the same way they did yesterday, tomorrow, next week, next month, and forever. They haven't even gotten worse thanks to covid19, despite having to cancel several trips abroad and stay inside. At no point did anyone ask me anything remotely close to a question regarding business matters or personal finances. There aren't any pending projects either. My job requires travel quite often, sometimes every few weeks. If I happen to be traveling overseas, I'll return after 2 or 4 weeks, depending on the trip length. Since March 31st 2020, I've traveled more than 30 countries across 5 continents. While the majority of trips have occurred under normal circumstances, there have also been instances where the entire country has shut down because of coronavirus. For example, France went through 2 lockdown periods in January/February and April. Other places include Italy, Austria, Belgium, Germany, Spain, Poland, Hungary, Romania, Croatia, Greece, Turkey, Israel, Thailand, Cambodia, Indonesia, Singapore, Malaysia, Brunei Darussalam, Japan, Vietnam, Switzerland, Brazil, Peru, Ecuador, Bolivia, Argentina, Chile, Mexico, Paraguay, Uruguay, Canada, the US, UK, Ireland, Iceland, Denmark, Sweden, Finland, Norway, Australia, New Zealand, China, Hong Kong, Taiwan, South Korea, Macau, Colombia, Panama, Venezuela, Guatemala, Costa Rica, El Salvador, Honduras, Nicaragua, Cuba, Dominican Republic, Haiti, Jamaica, Bahamas, Cayman Islands and Bermuda. I feel sad whenever anyone asks me "What happened?", and yet, there weren't many occasions where I could tell them. So when this latest wave hits us and everyone feels isolated and helpless, I...
Choosing the Best New York City Real Estate Agent
When deciding whom to hire as your real estate agent, here are some questions worth asking yourself. How long have they lived/worked in NYC? If this isn't relevant to you, ask why they live/work in NYC instead of another city in NY. Do I trust them to be honest and ethical? Does their work history match my expectations? Have other people recommended them before me? Is there anything negative or positive you've seen online about them? Can I talk to past clients or read testimonials? [IMAGES: Real estate agents from different companies in New york city] [IMAGE: Real estates agencies logos in New york city ] These questions should help you figure out whether this specific person fits well into your needs. However, keep in mind that these tips aren't meant to replace common sense — just use them as starting points to get an idea about who will best meet your individual needs. After you find someone that matches your criteria, don't forget to check out his or her reviews. [IMAGE: Review of realestatservice1] In order to save yourself a lot of trouble, check online reviews before hiring anyone. If possible, try talking to current and former clients about their experiences working with him or her. And always remember, there's no shame in looking elsewhere for the perfect fit. ...
Top Realtors in New York City New York
There are many factors that go into choosing the perfect agent—and you should be aware of them. However, most people only focus on price because they believe agents who charge less must be better. But this isn’t always true. If a home costs $500k but was sold for $400k, is anyone going to argue that the seller paid too little?! Or if you pay $40k/month in rent but spend $1m to renovate your space, does value mean anything anymore?! Of course it matters. Value affects everything including market conditions, your property type & location, and other buyers around you. While cost certainly plays a factor, I strongly advise sellers to find someone who will help them achieve the highest possible sale price while being fair to both parties. When searching for a REALTOR®, understand that finding an excellent agent is like dating; you just gotta get comfortable asking for what you want, and then see what happens! Once you finally meet “the One” though, things won't happen overnight. A good relationship takes time to truly blossom. So take some time to really research each candidate carefully. Ask questions, and watch them work. Do they respond promptly during showings? Does he come through on promises? Can she negotiate well on your behalf? These are all important signs to keep track of along with cost. And remember, you're paying somebody else's commission so that shouldn't feel cheap—it SHOULD FEEL GREAT! [IMAGES OF REAL ESTATE AGENTS] Your first instinct might be to call your existing local broker, however there are several benefits to leaving that decision till after doing more research... Here are my recommendations on which agencies to try: [TOP LISTED BROKERS BY CITIES IN NEW YORK] New York City / Manhattan NYC | Listing Price Range: $250K-$450K+ #1 XONDOOctober 2017 Broker Rankings: #1 | #2 | #3 [REALTYRANKINGS](https://www.xondoofficial.com/realtyranks/) XONDO ranks brokers according to sales volume and average transaction prices. Based on these criteria, the three top performing brokers listed above are among those who perform consistently across categories within a specific city. XONDO rankings are completely independent of listings, so they provide great insight into the overall quality of service provided by different firms. For example, the New York City area saw three brokers earn spots on our ranking, yet none made the cut in San Francisco — meaning there may be additional issues outside of the city limits. Read More: https://blog.xondooffical.com/#/top-10-brokers-newyorkcity-manhattannyshuttlebusstations[/img][/center]] [IMAGE_BREAK][CENTER] [TECHNIQUES TACTICS GUIDE TO SELLING YOUR PROPERTY] Selling your own place in NYC is no walk in park; there are numerous pitfalls and difficulties ahead. As long as you've got yourself covered with insurance and legal contracts, though, you'll be fine in the end...
How to Pick the Right Realtor in New York City?
As you probably already assumed, choosing the right person who handles residential property transactions for clients will be crucial to achieving your goals, whether they are short term ones like finding a rental apartment or long terms including purchasing/selling homes. Choosing the ideal agent isn’t always straightforward either because there are many factors to consider. After evaluating those aspects, however, you should come to a conclusion of picking one particular real estate professional whom you would trust to handle everything regarding the sale or purchase of your Manhattan properties. Here are four questions to ask yourself prior to making this decision:- 1. Is he trustworthy? A trustworthy real estate agent does his job diligently, efficiently, and competently. He is honest and is transparent during conversations with potential buyers or sellers. Moreover, he won’t try to take advantage of his knowledge of NYC market dynamics through unethical practices and shady dealings that only benefit himself rather than his client. Also, the most qualified agents tend to charge higher fees thus ensuring quality service delivery despite lower commissions. However, beware of agents claiming high rates but offering little worth in return. Your broker or representative must provide value for every dollar paid; that’s why you pay them for services rendered. So, avoid “too good to be true people” who promise you great returns with no effort, just to get your business. 2. Does the person fit me? When it comes to sales, it's pretty crucial to find somebody who represents exactly what you're looking for—he or she needs to live/work in the neighborhood you'd prefer to move into next and understand what makes each place unique. If possible, the better choice would be someone who knows the area inside-out. An obvious choice could be former residents or neighbors. While it's fine to hire referrals, sometimes a personal connection goes further than recommendations from friends and family. For example, I worked with my neighbor who recommended him to us when we met while both having houses for rent in Greenwich Village. My husband had lived in the same place previously and found that he was really knowledgeable about neighborhood trends, which proved useful for getting the deal closed quickly. Similarly, you can reach out to former landlords directly or work with online networking sites like HouseTrip and Trulia. Remember though, do not blindly follow the recommendation unless your candidate actually lives in the vicinity you desire. Otherwise, you risk hiring a person who understands your needs perfectly but cannot offer similar support on day-to-day basis. On the other hand, some neighborhoods will naturally attract certain types of tenants depending on their demographics so it pays well to ensure you pick the right personality type in order to maximize the chances that he'll keep living near wherever your residence ends up being. Likewise, for buyers, it matters greatly to see how responsive the seller is once they send inquiries. If your agent doesn't reply immediately, check out different options until you feel satisfied with the response rate. 3. Where did he study? One thing that often confuses prospective customers is seeing unprofessional photos taken by non-professionals. Therefore, it helps tremendously to ensure that anyone handling your precious investment gets specialized training in taking proper pictures and videos to represent your assets accurately. Many...
How much do Real Estate Agents make in New York City?
When searching for an agent who will help sell or buy your house, many people believe they should be looking only at price per square foot, but actually this isn't enough information to find someone qualified. For example, an agent with experience working specifically in Manhattan would command a higher rate than a suburban agent because he knows all the neighborhoods inside and out. Even though his rates would naturally be lower on average than a seller's broker, the agent still deserves top dollar. In order to determine the value of any given agent, potential buyers must consider factors like quality/experience of workmanship; quality and accessibility of neighborhood knowledge; overall professionalism and attention to detail; whether the buyer understands current market conditions well enough to predict trends moving forward; and whether the agent offers guidance beyond simply finding clients the most lucrative offer. A thorough background check and personal interviews with prospective agents are imperative to ensure each candidate is capable of effectively representing them. If an agent cannot clearly and concisely answer questions relating to these issues during an interview, it could mean trouble down the road. Buyers should always ask themselves these five key questions: Are my expectations realistic? What am I willing to pay? Does the agent represent me better than a stranger would? Is this person trustworthy? Should I hire him or her? These factors are just some basic guidelines to keep in mind while comparing different real estate brokerage companies' prices and services. Remember to conduct further research on websites like RealtyTrac or Zillow so you won't become trapped by inflated fees. [IMAGE: Listing Brokerage Website Logo] How To Make Money Online Fast And Easy? 2020 Updated This Is A Brand New System, All Your Information Will Be 100% Secure & 100% Private, Guaranteed To Work Or We'll Hand Over $100 Back... HOW TO MAKE MONEY ONLINE FAST AND EASY THIS YEAR?!! 💵🕺🔥 How To Make Millions Of Dollars On Facebook And Instagram Using These Simple 3 Step Method ⭐️⭐️⭐️ - 2019 /2020 - BEST IN CLASS TECHNOLOGY, ALL THE RESULTS YOU SEE ARE REAL, PROOF IS PROVIDED BELOW...... If anyone is considering trying to earn extra cash online then they're going to benefit greatly from understanding the way affiliate programs operate, especially since they often seem complex. There really are only 4 ways to monetize your website, either through direct sales, advertising networks, affiliates, or partnerships. Affiliate Programs – These are basically referral schemes used by merchants to promote products and services which they use or own. Affiliates get paid commissions every time their referrals purchase those items. Amazon Associates are probably the world’s largest program and have thousands upon thousands of retailers participating in their network. Some good examples include BlueHost, Clickbank, Shareasale, CJ and JVLPoker, etc. Each company pays commission differently but usually range anywhere from 10%-30%. Most affiliates will receive payment weekly via PayPal once their referral purchases an item or service. Most of these programs also provide additional marketing materials and tools...
What do good New York City Realtor's do?
There’s no doubt that New Yorkers love living in this city. If you’re thinking about moving somewhere else — whether because your career requires relocation or simply because you feel like changing things up — then consider the following factors when deciding which agent will be best suited for you. Here are some tips on finding the perfect real estate professional for your needs: What Type Of Home Would Suit Your Needs And Budget Well? Whether you're planning on purchasing a house, apartment building, coop, townhouse, studio, duplex, triplex or single family residence, it's vital to first determine if the property type suits your needs and lifestyle well enough to justify the investment. For example, if you'd rather live close to work than in a remote area, you'll want to find someone who specializes in Manhattan condos since they tend to offer better value per square foot. But if you prefer a quieter life but enjoy exploring other neighborhoods outside of Manhattan, you should probably stick around your current neighborhood. Where Do I Want To Be Located? Think about why you want to relocate and whether you're willing to compromise certain aspects of your quality of life while making the move. Will living near parks help alleviate stress? Is being located centrally close to the action (bars/restaurants, museums, cultural sites), shopping or schools preferable? Does proximity matter to the people you care about most? These are key considerations when selecting a real estate professional for yourself. How Much Time Can A Professional Dedicate To My Project? When searching online for a real estate professional, you'll see plenty of listings with photos of beautiful places. Many professionals are able to show these properties and offer recommendations. However, it is worth noting that many agents specialize, meaning their expertise isn't necessarily generalizable across multiple types of homes. Therefore, take note of the number of hours each listing claims the agent will dedicate towards helping buyers purchase their dream home. Don’t hesitate to ask for specific examples of past clients' experiences working with that particular agency. Who Has Experience Selling Similar Property Types At Your Location? In addition to knowing about local market conditions, you might want to check references from real estate professionals already operating in your desired location. After all, if the seller knows another person who recently listed similar houses in the same zip codes, he or she could use him or her as a reference. Another thing to consider is your own experience. Ask friends, relatives and neighbors whose recent moves went smoothly. They can provide invaluable insight for determining whom would be capable of handling yours. If the answer is yes, great! Keep them on the list. Otherwise, keep scrolling through the available options until you find a few names who appeal. Which Agents Have Completed Projects Like Mine? While the above questions can be useful guidelines for narrowing down your selection criteria, you still must decide whether the results found online match the expectations you have going forward. When deciding whether someone is suitable for you, it helps to consider what your project entails. Some projects — namely those involving large purchases — typically attract more professionals and therefore demand greater specialization. On the flip side, small projects often involve less overhead. So, if you're interested in buying a condo...
Picking the Top Real Estate Broker in New York City
Choosing the perfect broker to represent you during your NYC move is no mean feat. Here at www.xondobrokers.us, we’ve put together this quick overview of some things you must consider and ask questions about before making the final decision. 1. Experience When it comes down to picking an experienced agent to sell or buy your property, experience matters most. A good broker knows exactly what they have to offer their clients, and can help navigate them through each step along the way. They will be able to answer questions about what the market conditions are like, whether or not the house needs repairs, whether or not to rent the space while you wait for the next buyer, and many other details. 2. Knowledgeability This goes hand in hand with experience; if you hire someone who lacks knowledge in certain areas, they will struggle. For example, if they have little to say about local schools, neighborhoods, and amenities, they won't be well equipped to answer your questions. If they lack expertise regarding specific properties and homes, then they'll struggle to find the right listing for you. 3. Reputation If possible, always opt for brokers whom you're already familiar with. They've worked alongside your friends and family, and they understand your situation intimately. When you go through a difficult transition period, having a friend or loved ones helping you makes everything feel a bit easier, especially because they can empathize with your stress level and frustrations. Plus, they're usually better suited to handle these types of situations than a stranger would be. 4. Personality/Attitude It's important to pick someone whose personality meshes with yours. While it's fine to work with people you dislike, it's crucial that you get along with whomever you decide to work with. This doesn't mean you have to love everyone you meet, but it does mean you should try not to take anything personally—and certainly shouldn't hold grudges against anyone after the sale closes! 5. Flexibility & Availability While you'll probably want to work closely with your chosen broker, you shouldn't have to spend all day long talking to them every single day! Make sure they are available enough times throughout the week that suit your schedule. And remember, they'll be spending time working on your transaction, which could lead to less availability. So, you may end up needing to talk to them once or twice every few days instead of every day. 6. Transparency Transparency is essential, particularly when dealing with sensitive personal information. Your agent should provide you with detailed explanations on why they chose this price range for the home, why they decided to accept the offer or decline it, and what their expectations are going forward. They should be willing to answer any follow up inquiries you have as well. 7. Professionalism Your agent should act professionally at all times. This includes being courteous to all parties involved, including your potential buyers, and maintaining appropriate business etiquette. They should keep track of deadlines, communicate effectively via email, text messaging, phone calls, and meetings, and keep records of everything they do related to representing you. Lastly, they should maintain professional relationships with colleagues from other agencies...
Update: New York's Real Estate Market in 2022
When people talk about investing in real estate, they often focus on rental properties — but owning property isn't just something only rich investors should consider. Even someone who makes $50K per year could afford a down payment on a modestly priced house — like this little apartment in Brooklyn... If the idea of a monthly mortgage sounds overwhelming, a fixed rate loan can help mitigate some stress while making homeownership possible. As long as you qualify, a standard 30yr adjustable rate mortgage has a 3/1 variable APR which will adjust annually after the initial period, starting around 8% higher than today's rates. And unlike other loans, no prepayment penalty applies. If prices drop substantially ahead of closing, sellers should be able to sell their homes below market value without losing equity. But because there’s always risk involved in purchasing a home, it pays to shop carefully and do research beforehand. Find tips & strategies in these sections of our buyer's guides. New York City Real Estate Market Overview While Manhattan remains pricier than ever, many NYC neighborhoods offer solid values. Here are five fast facts for prospective buyers looking to save big money on a purchase price. RealtyTrac estimates show that average single family residential sales increased 9 percent in 2019 across America, but dropped 5 percent nationwide during January 2020. Prices have fallen most significantly in areas hardest hit by COVID19, including Florida (-21 percent), Georgia (-15 percent), North Carolina (-12 percent). Homeowners' association fees have spiked and foreclosures remain high, which combined have made the housing recovery slower than anticipated and less robust than usual. While median sale price rose 2 percent overall nationally, it actually fell 0.8 percent in February in California alone. And although national foreclosure activity declined 11%, NYC saw double digit increases in both filings (+16%) and auctions (+23%). [Source: Realtytrac | Feb 21, 2020 ] For example, this 1 bedroom, 1 bathroom apartment was listed for rent recently on Airbnb for $3500 per night. For reference, similar apartments in Midtown East range anywhere from $3200-$4500. Renting out this space would generate over $10800 each month. A 1099 form must be submitted along with copies of tax returns showing income earned as well as W2's for yourself. Make sure to check whether you are required to withhold taxes. Check out this article on preparing 1040 for rentals. [IMAGE] Webinar: We'll cover: How to use Pinterest Marketing tools effectively to boost business; What the different types of Pinterest boards are useful for and why; Best practices in Pintrest Advertising for Businesses; Why having images on board pages can increase engagement; Tips to avoid falling victim to Pinboard creep; and More! About Me: I'm a digital strategist passionate about driving organic traffic through website content design. My background includes strategic planning, project management, and SEO consulting. Learn More About Jessica: ...
Award Winning New York City Pre Construction VIP Agents
We've teamed up with award winning pre construction agents to offer tips and tricks to help navigate the sales & leasing waters in NYC today. Whether you're moving across town or across state lines, this XONDO guide will take some of the guesswork out of finding the perfect agent who understands your needs. Read through these tips and check back frequently for updates & bonus content! 1/27/2019 UPDATE: We updated this page with additional information & tools just for those who are currently planning to move during 2019! Check them out below or click "View Article" above to read the whole article. 2/4/2020 NEW INFO: If you moved during Q3 2019 then keep reading because the link provided isn't yet current but we'll be updating it soon :) 2/5/2020 UPDATE: Added info comparing different strategies including listing first vs renting and staging vs showing. If you'd like to see which one worked better for us, scroll down all the way to #10 & click "read full post". Thanks again to @davidmullee_nyc for taking his time to answer questions for us while he was working on the page ;) https://xondotaskforceblog.com/buying-vs-renting-and-staging-vs-showing-for-new-yorkers-moving/ 2/9/2020 UPDATED LINKS - added links to more recent articles covering the most common moves, plus a few other helpful guides on things to consider & considerations to make before you decide on how to go about selling / renting / staging or whatever else makes sense for you. Some of this content goes back to 2018 and older but since then there's been lots of movement and changes around the city so we wanted to update everyone to what people are doing and how they're getting the job done. Hopefully you find something useful that helps you in your next move whether it be this summer or years from now. Also, I did my latest video interview with David Mullee (@davidmullee_nyc) & we covered many topics ranging from why you should stage prior to making an offer, how long does it usually take him to get calls after staging / offering and even how he went about setting up the website for $0 cost so hopefully this provides value to anyone considering hiring someone to sell their place and move next year. https://youtu.be/qj8XbFgLQoM ...
Top New York Home Selling Real Estate Agents
When most people hear “real estate agent” they automatically assume that this person will help them find a place to live. However, while they certainly play a huge role in finding homes through various channels, agents aren’t always responsible for making those choices happen. For instance, once property listing information gets listed online, it typically goes viral via multiple sources and buyers begin searching online for listings on their own. If that happens, then a Realtor isn’t going to be able to tell sellers why some properties get seen online first and others just sit there collecting dust. So which agents should I use? Here are four different types of brokers who specialize primarily in residential sales in NYC. These can include both full service REALTORS® and non-exclusive brokerages who handle everything but closing. 1. Full Service Brokerage [FULL SERVICE]: Most Realtors can work independently as well as team up together under a brokerage firm. They provide services ranging from basic customer care inquiries to helping clients market their homes. Some use social networks like Facebook and Twitter to keep abreast of trends among prospective customers. Others attend open houses held by other agents to see firsthand what buyers are interested in. They typically hold themselves accountable for generating qualified leads (potential buyer email addresses). 2. Exclusive Agency Firm [EXCLUSIVE AGENCY/BROKERAGE]. Many exclusive agencies offer many of these above services and sometimes go further than simply getting potential client contact info. These firms often operate large databases of contacts that they use to target neighborhoods across the city—including areas far outside Manhattan. Because of this scale, they usually provide the best value for money since they can take advantage of economies of scale. On top of this, they tend to attract experienced agents who understand the nuances of local markets better. Since they only represent specific properties, they cannot be accused of steering prospects toward ones that meet their financial needs or preferences (a common problem with generalists). But they can struggle with attracting enough talent given that it’s tough to compete against big banks, mortgage companies, etc. and pay competitive salaries. 3. Non-Exclusive Real Estate Agency [NON EXCLUSIVE AGENCY]. A few independent real estate professionals (usually seasoned veterans) opt to sell properties without representing anyone else. It’s possible to become a specialist in particular areas by attending lots of open houses—especially on weekends when demand tends to peak (since weekend rates may exceed weekday prices). There’s no doubt that this takes guts; however, after meeting hundreds of homeowners during the course of a career, certain things quickly stand out—and buyers are generally willing to try out someone new if he or she offers something unique. Another way independents can differentiate themselves is through technology. Some agents develop websites featuring interactive property tours, virtual walkthrough videos, and other tools. 4. Independent Property Sales Professional [INDIVIDUAL PROPERTY SALES PRO]: While many agents have chosen to remain independent, there are still plenty of us who choose to focus solely on sales. We must decide whether to charge hourly fees in order to cover expenses ($100-$500 per hour), retain profits ($200k+...
Breaking the Standard of New York City Real Estate Sales
Buying a Condo Buying a $1 million dollar apartment will be tough regardless of location because of the amount spent every year and what they’re paying in rent. But NYC condos are really expensive; therefore finding the perfect spot for yourself and making sure it’s a great value should come first. This means being in a building that's centrally located and close to things like transportation, shopping centers, restaurants, schools, parks, playgrounds, grocery stores, etc. You'll want something clean enough for living but comfortable enough to take care of you and yours in case of emergencies—so having everything around including good neighbors who help each other out. If you're lucky, this place could include a pool/gym area too. Location matters, and you'll want a large square footage unit that isn't small. So, ideally, you'd prefer a basement or garage apartment which makes sense considering most people work 9-5 jobs outside of the house anyway. However, these units are harder to find, since demand far exceeds supply. [IMAGE: Square Footage Image of Manhattan Apartment] Finding a Building Where the Management Is Responsible For Keeping Everything Clean is Important Too When moving into a city and then settling down, people become accustomed to certain standards regarding upkeep, trash disposal, noise, etc. So, while some places aren't bad to live in, they won't be desirable ones to buy since they've fallen behind their counterparts over the years and will feel old and dated. Also, if management is unresponsive to repair issues, you'll want to ensure there's plenty of maintenance staff ready to address anything quickly. Having said that, some smaller buildings will only offer monthly rents ranging from $3k-$7k per calendar month, meaning it's possible to get a nice deal on purchasing. [IMAGE 2x2 Picture of Manhattan Apartment Showing Square Footage & Monthly Rent Cost] Selling Your Unit If you decide you need to sell, you may want to consider renting until you figure out whether to invest in another property or return to your original choice. Remember though, the most lucrative sales occur during high season, which usually lasts 3 months through October and November. During those times, prices are generally higher than they are anywhere else. [IMAGE 4x4 picture showing a typical condominium square foot image] So once again, depending on your location, you'd likely face competition for top-dollar properties and have to be prepared to put in quite a bit of effort to win the bid—not just putting together a winning proposal but working to bring buyers back multiple times before someone accepts your final price. There could be additional fees, deposits made towards closing costs, inspections, legal fees, title insurance, brokers' commissions, etc. And yes, I'm talking about thousands and thousands. Even though many buyers don't realize it, NYC has strict laws governing real estate transactions due to the importance of maintaining the tax base of the city, hence the hefty requirements. Another advantage to doing business with licensed agents is that you'll likely receive top tier service without needing to pay extra. Plus, it's better to go with a...
MLS New York City or Bust? Reasons to List With Us ($$$)
Do you work in NYC and dream to own a luxury property someday? Or have you always wanted to find the perfect apartment downtown but could never buy anything without paying “top dollar?” If you’ve ever dreamed about owning a Manhattan loft (or a studio), then this post is especially meant for you. We take a close look at why listing with us will help you get the price you deserve while getting to see many desirable properties that aren't available through regular channels online. By hiring our services, clients receive full service from start to end including marketing strategies, negotiation tactics, staging tips plus guidance on finding the perfect agent who gets them top dollar. If you're serious about making your dreams come true, get in touch today! Learn More Here... (Photo credit: Thinkstock) [IMAGE: Photo of New York City skyline] Why we should be listed in New York's Multiple Listing Service (MLS)? We offer a wide range of marketing solutions like search engine optimization, organic listings, real estate photography, video production and more which ensures that your house stands apart from other houses on the market. Our digital presence helps us reach people via internet searches and allows potential buyers to visit our website first. Having said that, there isn't enough inventory in NYC, hence most homes go unlisted until they've received offers. While some sellers opt to simply put up photos online hoping someone would show interest, we provide comprehensive solutions that ensure we generate leads and drive sales volume for our clientele! For those seeking investment opportunities, residential REO/foreclosure deals and commercial real estate investments, call XONDO for assistance. Learn More Here... Why use our services instead of just putting my house up on the web? First of all, we only represent preowned real assets (i.e. apartments). Most agents simply sell "their" listings and they don't care to spend extra effort promoting these listings because they don't earn commissions! When you hire us, however, we'll promote your rental unit to increase exposure, bring qualified prospects and ultimately lead to higher prices. Unlike traditional listing brokers who charge thousands of dollars upfront for advertising costs, we negotiate an affordable flat fee per transaction regardless of whether it closes quickly or after months of waiting for the buyer to find suitable alternative options. That way every dollar counts towards achieving your objectives. Second, even though many people prefer renting rather than purchasing, owning a home affords certain benefits that renters cannot enjoy i.e. long term stability and financial security. As an investor myself, I understand just how challenging it can sometimes be to locate quality rental units for purchase. Even worse, tenants typically take advantage of landlords' generosity to avoid repairs or maintenance issues which inevitably ends up costing the landlord more money down the line. Hence, having proper representation is crucial when searching for high return properties with little hassle. Lastly, you shouldn't settle for mediocrity nor expect average agents to maximize profits and achieve superior returns for your interests. Instead, hire experts with decades of experience and unparalleled knowledge to handle everything from search engine optimisation to negotiating terms!Learn More Here.... Which areas does XONDO specialize in? XONDO caters to both investors &...
New York's 5 Best New York City Home Reselling Tips
When searching for a great agent who will help sell or buy your NYC apartment or house, consider the following tips from experts who specialize in helping clients find the perfect fit. Here are five things to keep in mind. 1. Find A Great Brokerage Firm When selecting a brokerage firm, look for a company with experience and expertise. The team should be willing to listen and take action to meet your needs. Ask yourself questions like: “What does the firm offer?” and “How many listings have they sold in my area this year?” If possible, ask friends or former brokers for recommendations. 2. Be Open About Your Needs If you’re thinking about putting your property listing online, talk to the broker about whether it makes sense to use an MLS Listing Service, which lists homes available for sale on multiple sites. Some agents recommend against them because buyers may search only through a single website instead of visiting several websites. Other services allow for cross-postings. Talk about how often you expect the property to go under contract. Will it stay active for months? Or would you rather it move quickly? Do you prefer working with someone who will negotiate aggressively or someone who is more laid back? These details are essential, especially since some sellers choose different tactics depending upon whether they plan to live in their own unit or rent. 3. Consider the Competition Find out the current market conditions in your neighborhood and determine how long the average sales price, and median days on market, has remained steady. Then, decide if the asking price seems reasonable given those numbers. Also, check the number of recent sales in nearby properties. This information can reveal whether competition is strong in your area. 4. Understand Your Property Details Make sure you understand your property's unique qualities. For example, is your kitchen outdated and in poor condition? Is your house located near heavy traffic areas or schools? Does it lack storage space, especially for large items? Is your garage too small for cars? Make sure these issues get addressed before making offers on other units. 5. Find An Expert Who Knows New Yorkers New York is a big city with lots going on every day. Finding real estate professionals who know the nuances of life in the Big Apple can mean the difference between selling fast and spending weeks on end trying to close deals. If possible, hire a professional who specializes exclusively in NYC. They'll know what neighborhoods are hot and cold, what types of houses attract and repel potential buyers most efficiently. And they’ll be able to tell you if you need to update your place to appeal to today's consumers. ...
How To Ensure A Bidding War When Selling Your Home In New York City New York
If you're thinking about making a move but haven't made a decision yet -- whether it's because you're worried about leaving something behind or just trying to figure out which city will be better for your career prospects -- then this should help ease some of those worries. Whether you'll actually end up moving depends on many factors like location, job security, commute times, cost of living differences, housing prices and other factors besides, so it helps to take stock early and weigh options against each other. Here are 10 questions that you can ask yourself to get started. 1️⃣ Is Moving My Main Reason For Buying/Selling Property? If you've decided to sell your property, chances are you already know why you're doing it. But for someone else who isn't quite sold down the road, this could help them understand where they stand. Just make sure you give enough information about the pros and cons of both places so that whoever reads this knows exactly how serious you are about this option. 2️⃣ Where Do I Want To Move After Living There A While? Some people decide to stay somewhere indefinitely while working remotely for example, but that doesn't mean they aren't keeping tabs on what they need to buy once they find themselves ready to settle down. If you've lived in NYC for five years after graduating college, say, you'd probably consider relocating back. Or perhaps you worked abroad for 3 years. Whatever you did after spending so long there, it gives you insight in knowing what would appeal most to you again. 3️⃣ Can I Sell At A Loss On An Investment Property? In this post-bubble economy, you definitely shouldn't expect to walk away with anything on every deal, especially when you're considering purchasing a rental and hoping to flip it immediately. Some investors use this tactic to recoup some losses during tough market periods; however, it's generally frowned upon since you'll lose money overall unless you hit a huge windfall. Still, sometimes you may come across properties that just don't work financially, regardless of market conditions. For instance, if you purchase a flat worth $250k and put it on Airbnb until you raise capital to renovate it, you won't recover any loss -- but you still wouldn't profit either. 4️⃣ Have All Of These Things Changed Since I First Brokered My Own Deals? While brokers still play a key role in today's market, so does a seasoned agent who's used to navigating tricky situations. They'll keep things straightforward and handle negotiations well, which saves buyers headaches along the way and makes it easier for you to relax during the whole process. Not only is this person experienced, he or she knows what pitfalls to avoid -- meaning less surprises and fewer problems down the line. And if everything goes south, no harm, no foul. 5️⃣ Shouldn't I Check What Type Of Mortgage Lender Has Prequalified Me? No matter what type of mortgage lender offers preapprovals -- FHA, conventional, VA, USDA, jumbo... whatever -- you really don't want to go through the loan negotiation phase without first checking for offers. So...