| by Kenneth Chase | No comments

Selling Your Home For Sale By Owner in Brooklyn (2019) | Hauseit®

Should I avoid all Realtors when I sell my
home For Sale By Owner in Brooklyn? Absolutely not, because 90% of all home sales
in NYC are done between two agents, one representing the buyer and the other representing the seller,
meaning most buyers are represented by agents. Yet what most For Sale By Owner in Brooklyn
sellers do the moment they get that bright idea to not pay the standard 6% real estate
commission in NYC? They post on Zillow or Craigslist and write
“NO BROKERS” or “PRINCIPALS ONLY” at the top of their listing description in
all capital letters as if real agents with real buyers didn’t avoid FSBO listings to
begin with. What will agent inquiries really be about? Typical inquiry from a more experienced agent:
“Can I preview this apartment on behalf of my client who isn’t in town?” or “I
have a buyer for this apartment, can we come see it?” Unfortunately, because you are selling through
a traditional FSBO listing, the agent will show up unaccompanied by any buyers purely
to solicit you to pay them 6% commission to sell your home. Sometimes, the actual agent may not even show
up and instead send an even more junior agent to come solicit you. What’s worse, expect your open house to
be packed with real estate agents looking to make a scene. Be especially careful if you’ve over-priced
your property and you have an empty open house. At an empty open house you’ll be even more
exposed to the solicitation attempts of the real estate agents who will certainly be there
to harass you. If you insist on pursuing a traditional For
Sale By Owner in Brooklyn sale, just make sure your open house is guarded by several
large, male friends to forcibly throw out the occasional real estate agent by force
when they refuse to leave. The advantages to underpricing your apartment A homeowner selling through a traditional
agent will not have the luxury of underpricing their apartment because standard listing agreements
stipulate that a home seller will owe 6% in commission as long as a “ready, willing
and able” buyer is found at their agreed upon listing price. This means most sellers can’t underprice
their apartment as they might be forced to sell, or pay commission anyway if they don’t. As an Agent Assisted FSBO home seller however,
you will enjoy the ability to price your property however you wish without the fear of being
forced to pay anyone a commission. If you are able to create the perception that
your property is a bargain, you will receive a lot more saves and views, garner a lot more
interest and time investment and people will clamor to see your apartment. This is the best way to initiate a bidding
war on your property. Don’t save money on photographs for your
home Photographs will be the first thing most buyers
see and grainy, low quality photographs taken from your cell phone camera will only turn
away buyers to skip to the next listing. High quality, professional real estate photography
is the smallest and simplest investment you can make to spruce up your listing. Make sure your home is listed in RLS In NYC, the largest real estate broker association
is REBNY. They operate a shared listings database similar
to the MLS called RLS which is widely used by most brokerages in Manhattan, Brooklyn
and even Queens. You can list your home in the RLS for a flat
fee through Hauseit.

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