It’s not an exaggeration to say that New York City is one of the world’s most important financial centers. Due to this, people from all over the world want to live here and make it their home. It has always been like this and will probably never change. If you are thinking about moving to New York City, let us help you find a great apartment for sale in NYC. The real estate market in New York is very competitive – both buyers and sellers know how high the stakes are – which means that prices tend to be high as well. Still, nothing can stop true football fans from becoming homeowners in the Big Apple! Let us give you an example: last year we sold apartments in NYC for $1 million-plus every month.
There are many reasons why houses in New York City, NY can be sold very quickly. Some of them are obvious – for example, if the Sun rises in the west and sets in the east, then something is not right with that apartment. Also, you shouldn’t purchase a house that falls into any of the following categories: unoccupied for over 1 year; waiting to be occupied by tenants who have been evicted from previous housing due to non-payment of rent; money laundering property used for criminal activities; serial killing or satanic cult member’s lair. You get our point… Let this sink in a little bit before you go ahead and buy a home in NYC. However, if your new abode passes these criteria, then you could be in for a really fast sale.
We know that everybody’s situation is different and we live in an era when the internet rules, so we decided to give our buyers and sellers some tips on how to speed up the selling process:
1. List Your House With The Right Agency: People say there are no guarantees in football (or any other sport), but if you list your house with us, it’s almost certain that within a few months from now you will be looking at all kinds of photos of smiling families standing outside your property while holding their keys. You can get started right away by clicking here.
2. Property Condition Is Paramount: Keep in mind that interested parties may ask independent inspectors to visit your house and report on its condition. If the photos of your home on the MLS page don’t reflect that it is in spotless condition, then buyers will offer less than they would if it were! Therefore, some preparation is needed to make sure that your property looks great online.
3. Don’t Wait For Buyers To Come To You: The best listings are those where sellers present their properties as “sold”. ‘Sold’ means money for you so do whatever you can to get potential buyers interested in your home. Send them links to the MLS page, advertise it first on social media… do whatever you can so that more people show up at your Open House. That leads us nicely into our next point…
4. Open Houses Are Key: As we mentioned above, the more buyers who come to your property, the better chance you have of making a sale. Therefore, you should do your best to publicize and arrange as many Open Houses as possible – try to get at least 50 people through the door! At each event, dedicate enough time for potential buyers and show them around… If there is one thing that can turn a potentially good buyer away from purchasing your home it’s having pushy sellers breathing down their necks asking “are you going to make an offer already?”.
5. Negotiate In Good Faith: Once you find a buyer make sure both sides are working towards closing this deal. It may be tempting for some to use an open house to generate competing offers but this is not the way New York City works. If you accept several offers before negotiations are complete then you will be breaking an unwritten rule… and that’s just bad form.
6. Don’t Wait For The Expected Settlement Date: Every day, houses in NYC sell for more than the expected settlement date so if your home hasn’t sold yet consider reducing the asking price or arranging a shorter closing period with your lawyer. The last thing you want is to miss out on one of these opportunities because you were waiting for an offer that never came!
7. Use Your Agent To Close The Deal: Act like Ed Sheeran (stay away from high stakes tables use your Realtor®) – you don’t have to negotiate the best deal on your own. Your Realtor® will be working day and night to close a sale for you – they have a good understanding of the market and what buyers are looking for so let them do their job!
8. Keep The Process On The Down Low: To secure a fast sale, there is no need to advertise your house online or put up flashy signs outside. A quiet process with only one or two viewings per week will attract better offers from more serious buyers. If your home is being shown too often then this means that potential buyers aren’t interested in it because if they were then they would realize that there’s a queue of other people ahead of them.
9. Price Right From The Start: You should price your home according to the market value so do some research on comparable properties before deciding what you ask for it. Use an online tool like Property Shark’s Market Report to check the asking prices of nearby homes and get a better idea of what you can reasonably expect for your property. If you are new to the area then try speaking with friends or relatives who live here – they will give you great tips on how much things cost in this neighborhood!
10. Don’t Be Afraid To Walk Away: House sales can be extremely complicated sometimes, especially if there are several buyers interested in purchasing the same property. Try not to make impulsive decisions during these because if everyone pulls out at the same time then the deal will most likely fall through and you’ll be back to square one. So if your buyer can’t agree on a price with their spouse after 3 months of negotiations, you may want to consider writing them off and looking for another buyer before wasting too much more time on this process.
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