Archive for the ‘Selling Brooklyn Real Estate’ Category

Homebuyers Are Different in Brooklyn

Thursday, April 30th, 2015
Homebuyers are different

Homebuyers are different. To sell your home, you must understand the different types and their specific needs.

 Homebuyers are different in Brooklyn . There are basically two categories of homebuyers: Baby Boomers and those mysterious Millenials.

Millenials are today’s first-time homebuyers. They dominate today’s housing market. Baby Boomers are your trade-up homebuyers, down-sizers and empty nesters. Gaining an understanding of these two groups and the different types of buyers represented, will help you market the unique and special features of your home to appeal to buyer’s needs and help you sell your Brooklyn home.

Millenials know how to turn a profit on everything they touch. They are known for their research, assessments and decisions during the homebuying process. In the next 10-15 years we will see more for-sale-by-owner properties (FSBOs). Millenials will be selling their own homes, and they’ll be good at it. Millenials will be better at listing a property than most real estate agents will be. And because there will be such a great demand to accommodate FSBO sales, we will see technologies surface, helping Millenials do what real estate agents do for their clients.

So, what value does a real estate agent bring to the table now or in the future?

  1. A valuable real estate agent will not sell Brooklyn, just a specific neighborhood in Brooklyn. He won’t be a one-size-fits-all real estate professional. He’ll go deep into the neighborhood you’re interested in, not broadly into Brooklyn.
  2. A valuable real estate agent is completely transparent, all the time. What you see is what you get, no surprises. He draws no lines between himself personally or as a real estate professional. His values, work ethic and interests don’t change with the crowd. His honesty and transparency make him refined and successful.
  3. A valuable real estate agent hustles on your behalf, and then hustles some more. His skills as a buyer’s agent are sharp. This means he puts in the smart work for custom, automated property searches. He’ll find coming soon listings before they hit the market or before they even become coming soon listings (think neighborhood FB pages, etc).

It is for these valuable reasons more and more of today’s homebuyers choose to work with professional real estate agents. Selling a home without a real estate agent puts you at a great disadvantage.

As with all types of buyers, earning your trust is important. Everyone wants to work with  someone they trust, someone who will match them with the perfect home or sell their home. Charles D’Alessandro provides his clients with outstanding care by crunching the data, running reports, walking you through a contract, negotiating inspection repairs, etc. He hustles on your behalf exceeding your expectations. If you’re ready to list your home or buy the perfect home for the type of buyer you are, Charles D’Alessandro, your Brooklyn real estate agent with Fillmore Real Estate, is your agent. Contact Charles D’Alessandro at (718) 253-9600 ext 206 or email [email protected]. You can trust him for your home buying and selling needs.

Resource:

http://www.inman.com/2015/04/13/why-for-sale-by-millennial-is-the-future-of-the-industry/

 

The Popular VA Loan in Brooklyn

Saturday, January 31st, 2015
VA Loan

What is a VA Loan? Sellers, find out! You don’t want to miss out on this huge consumer market.

In the previous blog post, Don’t Overlook Buyers With a VA Loan in Brooklyn, we looked at misconceptions home sellers may have about a VA loan and how they could be missing out on this huge consumer market. But what is a VA Loan? A VA Loan is a flexible, government-backed mortgage loan supplied by an approved lender (Veterans United Home Loans, for example). The military loan guaranty program was created by the U.S. government in 1944 to help military service members purchase homes after returning from the field. Since then the VA Loan program has helped more than 20 million veterans and their families purchase homes by providing home financing options that are within their means. The VA Loan program is the most powerful home loan program on the market for veterans and their families. Because of the significant benefits a VA Loan offers to veterans who might otherwise struggle to obtain financing, home ownership is a reality.

Because of the loan program’s definite advantages over traditional mortgage, the VA Loan is increasing in popularity. Those advantages are:

  1. No Down Payment – This is the number one advantage! Service members who are constantly on the move may have difficulty saving money and building credit. But with VA-guaranteed financing, borrowers don’t have to put any money down.

The limit is sometimes much higher in some places, but in most, veterans can borrow up to $144,000 without putting up any cash of their own. Buyers can go above the limit, of course, but for every $4 borrowed after that limit, lenders typically require a down payment of $1.00. For example, if a veteran is trying to borrow $200,000, they would need $14,000 as a down payment. ($200,000 less $144,000 equals $56,000. $56,000 divided by 4 is $14,000).

  1. No Private Mortgage Insurance – Private mortgage insurance (PMI) is insurance that protects lenders in case of a borrower default. If a borrower is not able to put down at least 20%, many conventional lenders will require them to pay private monthly mortgage insurance. This is difficult for many veterans. With a VA Loan, however, there is no PMI. The federal government backs all VA Loans and shoulders the risk on behalf of the borrower typically covered by PMI. This VA Loan advantage allows a veteran to build more and more equity in their home, actually saving them thousands of dollars over the life of their mortgage.
  1. Competitive Interest Rates – Home loan interest rates are based on risk assumed by a financial institution to finance a loan. Because the VA backs each VA Loan with a guaranty, financial institutions carry less risk and can, therefore, offer interest rates of 0.5 to 1 percent lower than conventional interest rates. The savings add up significantly when a veteran is able to combine the advantages of no money down, a very low interest rate when purchasing a home, and no PMI.

Two additional benefits which add to the popularity of a VA Loan are:

  1. Basic Allowance for Housing (BAH) – Lenders can count BAH as effective income, which means a veteran can use BAH to pay some or all of their monthly mortgage costs. Pay grade, geographic location and number of dependents determines BAH. Learn more about Basic Allowance for Housing here: http://www.veteransunited.com/va-loans/basic-housing-allowance-bah/
  1. No Pre-Payment Penalty– Paying off a home loan before it matures results in a pre-payment penalty with many different types of loans. When a homeowner pays off a home loan early, lenders miss out significant amounts of interest. Pre-payment penalties are a financial institution’s way of recouping some of that interest money. An added benefit of a VA Loan allows for a home loan to be paid off at any time without a pre-payment penalty. Without pre-payment penalties, borrowers have the freedom to consider future home purchases and refinancing options.

Many states and many localities offer additional benefits over and above what the government provides. The types of programs vary from place to place, too. To find out what New York state offers for veterans, visit http://www.military.com/benefits.

Look into government programs and the benefits Brooklyn or the county you live in offers. It’s to your advantage. Failing to do so could mean leaving money on the table when you purchase a home.

Since there is no central repository for local information, you’ll have to do some digging. I suggest you start with New York’s VA department.

As your Brooklyn real estate agent, I take my responsibility of service to you as a veteran with a VA Loan very seriously. If you are looking to purchase a Brooklyn home with a VA Loan, please call me, Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate, at (718) 253-9600 ext 206 or email [email protected] today.

 

Resources:

http://www.veteransunited.com/va-loans/

http://www.veteransunited.com/va-loans/va-home-loan-advantages/

http://www.latimes.com/business/realestate/la-fi-lew-20141228-story.html?track=rss

http://realtormag.realtor.org/daily-news/2014/12/29/are-vets-missing-out-home-ownership#sf6627801

Don’t Overlook Buyers With a VA Loan in Brooklyn

Thursday, January 15th, 2015
VA loan

Nearly 12% of the 16.4 million active-duty service members and military veterans with a mortgage have a VA loan.

Home Sellers, are you overlooking buyers with a VA loan in Brooklyn? If so, you could be missing out on a huge, fast-growing consumer market. Wanda Petty, president of the Washington, D.C., chapter of the Veterans Association of Real Estate Professionals, says, “Most home sellers have major misconceptions about veterans and active military, so they don’t even try to market their homes to this large population. As a result, they are missing out on a huge consumer market.”

Here are 7 misconceptions home sellers may have about VA loans (VA-guaranteed financing):

  1. There’s too much paperwork involved with a VA loan. Those buying a home with a VA loan need to go through the same steps as someone applying for a conventional loan: 1) prequalification, 2) pre-approval, 3) search for a home in Brooklyn, 4) make offer and 5) process and close on your dream home in Brooklyn.
  2. VA loan appraisals are a nightmare. On average, VA loan appraisals are coming back in a little less than 10 days nationwide. The VA wants service members to purchase solid, move-in ready homes. VA loans are not designed to fund fixer-uppers. A home in good condition makes the VA loan appraisal a breeze.
  3. VA loans are slow to close.  According to AVREP, VA loans close as much as two days faster than conventional mortgages. Most VA loans close in 30-45 days.
  4. VA loans are difficult to qualify for. Qualifying for VA loans is easy for veterans, and when both buyers and sellers know the loans’ limits, the qualifying process flows more efficiently, according to Wanda Petty.
  5. VA loans require a perfect credit score (850 being a “perfect” score). The minimum credit score required by the VA varies by lender. Most VA lenders are looking for a 620 credit score. The average credit score is 525 which compares favorably with the 600 needed for most conventional loans.
  6. Our home may be out of their reach with a VA loan. Few neighborhoods are too expensive for VA loans.
  7. VA buyers are few and far between. Military families are everywhere. They are in your community.  According to the National Association of Realtors, nearly 12% of the 16.4 million active-duty service members and military veterans with a mortgage have a VA loan.

According to Inside Mortgage Finance, a trade publication, the increasingly important VA loan program is among the fastest-growing areas in the mortgage market. At last count, the VA owned nearly 25% of the primary insured-loan market, easily outperforming the Federal Housing Administration (the FHA). Sellers, don’t miss out on this opportunity to sell your home. Don’t overlook buyers with a VA loan!

As your Brooklyn real estate agent, I take my responsibility of service to you as a seller very seriously. If you are looking to sell your Brooklyn home, call me, Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate, at (718) 253-9600 ext 206 or email [email protected] today.

Resources:

http://www.latimes.com/business/realestate/la-fi-lew-20141228-story.html?track=rss

http://realtormag.realtor.org/daily-news/2014/12/29/are-vets-missing-out-home-ownership#sf6627801

http://www.veteransunited.com/valoans/note-to-home-sellers-leaving-out-va-borrowers-is-your-loss/

http://www.military.com/money/va-loans/5-va-loan-myths-dispelled.html

http://www.veteransunited.com/realestate/5-most-common-va-loan-myths-busted/

http://www.veteransunited.com/va-loans/

Spring Time Have the Best Garage Sale at Your Brooklyn Home

Sunday, April 21st, 2013

Have a Garage Sale at your Brooklyn Home

Have a Garage Sale at your Brooklyn Home

Spring time is here. It’s that time of year again… time for spring cleaning, and to have a garage sale at your Brooklyn home!  This year, you can have your most successful garage sale ever.  Here are a few tips to help:

·        Advertise your sale in local newspapers and online.  Many of the habitual Saturday morning garage patrons use the paper to plan their morning.  They do this to make sure they hit all of the sales in certain neighborhoods.  In the ad, mention your  Brooklyn home address, date and time of your garage sale and big or hot items you have for sale. 

·        Open early.  It’s best to open early, around seven in the morning.  Sales tend to taper off in the afternoon.  Don’t disappoint early shoppers who are typically your best buyers.  They have a busy schedule and a lot of sales to hit.  Open on time, or even a few minutes before the time you advertised.

·        Make plenty of signs pointing the way to your Brooklyn home.  If your yard is difficult to see, or is not on a main road, post signs pointing the way.  If allowed, post the signs near a main road and attach a few balloons to it.  This will catch the attention of the passing motorists.

·        Have everything clearly labeled with reasonable prices.  Keep in mind that these shoppers are looking for a bargain and price accordingly.  You can individually label each item, or use an easily readable color-coded chart.  For instance, a blue sticker means 25 cents, red stickers mean 50 cents, yellow stickers mean $1, etc.

·        Offer specials at different points during the sale.  You can offer a “two-for-the-price-of-one sale” hour or a “twenty percent off during the next hour” special.  Make sure to list your planned specials and their times at the bottom of your signs and newspaper ads.  At the end of the day, you may want to have an unadvertised special such as “fill a bag for $1” to get rid of as much as possible.

·        Donate leftovers.  Make your life easier and do something good for others by donating any items that don’t sell.  If you plan carefully, you can schedule a pick up by your local charitable organization at the end of your garage sale.

With these tips, you’re well on your way to having your best garage sale ever.

Want more money saving ideas like this one?  Subscribe Brooklyn Real Estate Blog get home improvement tips ?

Give me a calll Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at (718) 253-9600 ext 206 or email me at [email protected].

Consumer Red Flags When Hiring Your Brooklyn Real Estate Agent

Sunday, February 10th, 2013

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Consumer Tip – Real Estate Red Flags (1)

The majority of Brooklyn licensed real estate agents and brokers are well-trained professionals who can help make the process of buying or selling your home a successful venture rather than a stressful adventure. Occasionally, however, you may run into an unlicensed person posing as an agent, or a licensed agent who is not following the rules of the profession. In either case, your real estate experience can quickly turn sour. Here are a few Consumer Red Flags When Hiring Your Brooklyn Real Estate Agent I hope you find them helpful for your next real estate transaction.

Following are some “red flags” that may assist you in determining if you are NOT working with a legitimate or honest real estate agent. These tips are not intended to provide legal advice in drafting real estate related documents or provide detailed descriptions of the nature of relationships that may be created between agents and buyers and sellers.

Consumer Tip – Real Estate Red Flags (2)

Some “red flags” that may assist you in determining if you are NOT working with a legitimate or honest real estate agent. These tips are not intended to provide legal advice in drafting real estate related documents or provide detailed descriptions of the nature of relationships that may be created between agents and buyers and sellers.

  • RED FLAG – Agents using high-pressure tactics, especially in an attempt to have you sign a purchase or listing agreement
    Tips-

    • Do not be pressured into entering into a purchase agreement based solely on the agent telling you there are multiple offers so you need to make your purchase agreement offer immediately. Multiple offers may exist but don’t be pressured into making a decision you are not comfortable with or if you do not understand the terms of the purchase agreement. If the sellers accept your purchase offer it becomes a legally binding contract. You may have to forfeit your earnest money deposit if you get “cold feet” and later decide that you just don’t want or like the property.
    • Do not be pressured into signing a listing agreement unless you are comfortable with the agent and understand and agree with the terms of the listing agreement including any marketing strategy.
  • RED FLAG – Agents asking for earnest money or a down payment check made out to the agent…or asking for cash
    Tips-

    • Earnest money should be paid with a check or money order and made payable to the real estate company and not to the individual agent.
    • By law, earnest money must be placed in the listing company “trust account” and cannot be mixed with personal funds of the agent. Once the listing company receives the earnest money, it must be deposited within three business days. However, the buyer and seller may agree, in writing, to handle the funds differently.
  • RED FLAG Agents who do not provide answers to your questions about the property or fail to return your calls or maintain communication with you
    Tips-

    • By law agents are required to disclose all material facts they are aware of that may adversely and significantly affect your use or enjoyment of the property, such as existing structural or mechanical problems, water infiltration problems, easements or encroachments, or faulty septic systems.
    • Do not enter into a purchase agreement until your questions are answered. You also have the option of including “conditions” or “contingencies” in your purchase agreement. If your conditions or contingencies were not met, you would not be obligated to go through with the purchase. Some common contingencies are a buyer requiring a satisfactory home inspection report by a certain date and at the buyer’s expense. If the home inspection is unsatisfactory, the buyer can cancel the purchase agreement and obtain a refund of the earnest money.
  • RED FLAG Agents who don’t disclose who they represent
    Tips

    • Whether you are buying or selling, it is important to understand the different types of relationships that can be created between you and an agent. Expect agents to act in the best interests of whomever they represent.
    • Agents must provide a consumer with an “agency disclosure” form at the first substantive contact with the consumer. The agency disclosure is intended to provide a description of available options for agency and nonagency relationships and a description of the role of a licensee under each option. The agency disclosure form is not a contract. If a buyer or seller wants an agent to represent them, a written contract must be entered into such as a listing agreement or a buyer representation contract. Following are the different types of agency relationships in real estate transactions:

    Seller’s Broker: A broker who lists a property of a salesperson who is licensed to the listing broker who represents the seller and acts on behalf of the seller.
    Subagent: A broker or salesperson who is working with a buyer but represents the seller. In this case the buyer is only the agent’s customer and is not represented by that agent.
    Buyer’s Broker: A buyer may enter into an agreement for the broker or salesperson to represent and act on behalf of the buyer. In this case, the agent represents the buyer only and not the seller.
    Dual Agency: Dual agency occurs when one broker or salesperson represents both buyer and seller, or when two salespersons licensed to the same broker each represent a party to the transaction. Dual agency requires the informed consent of all parties.
    Facilitator: A broker or salesperson who performs services for a buyer, a seller, or both but does not represent either in a fiduciary capacity – meaning the facilitator is not obligated to represent the best interest of either party.

  • RED FLAG – Agents who will only show you properties they have listed
    Tips-

    • A Brooklyn real estate agent who you have entered into an agreement with should be acting in your best interest, not his or her own best interests. Agents should be willing to show you properties that they have listed as well as other company listed property and property that is For Sale By Owner (FSBO’s).
  • RED FLAGAgents who ask you to sign blank or incomplete documents
    Tips-

    • Do not sign any real estate related documents that are blank or incomplete. Most of these documents are legally binding.
    • Be wary if you are told, “Don’t worry about that section, we’ll fill it in later.”
  • RED FLAG Agents who require a listing agreement for extended periods of time
    Tips-

    • Do not be pressured into signing a listing agreement for lengthy periods of time. A typical listing period is six months but you can negotiate a shorter or longer listing period.
  • RED FLAGAgents who are difficult to contact or do not regularly communicate with the consumer
    Tips-

    • An agent who has your best interests in mind should be easy to reach.
  • RED FLAGAgents who do not provide a basis for a listing price
    Tips-

    • The agent should provide a market analysis with documentation to support the listing price.
  • RED FLAG Agents who attempt to talk you out of a home inspection or hiring a real estate attorney
    Tips-

    • Agents are prohibited from discouraging the use of an attorney. Hiring an attorney, while not required, may be desired and it’s your right to do so.
    • If an inspection is discouraged, it might be because there is a defect in the property.
  • Make sure your agent is licensed
    Tips-

  • Tip-
    If you’re thinking about selling your Brooklyn real estate and would like more tips on how to get it ready, please call Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected], for more information and a Free Market Price Evaluation without obligation!

Considering Selling Your Brooklyn Home? Get the Scoop on the 3.8 Percent Real Estate Tax in the Healthcare Bill

Monday, September 17th, 2012

If you’re considering selling your Brooklyn home, you may have heard rumors that there is a new tax going into effect in January, 2013. Here’s the rundown on what the tax really is – and isn’t.

The new tax is called the ‘‘Unearned Income Medicare Contribution.” It is a 3.8 percent tax on the net investment income of high-income taxpayers. The tax will apply to those with an adjusted gross income of more than $200,000 ($250,000 for joint filers), with no indexing for inflation.

The Good News

Odds are that you will never pay this tax.

Why You Most Likely Won’t Pay the New Tax

The tax will apply to capital gains, not sale proceeds. Because of the current exclusion of gains on home sales — up to $500,000 (joint) or $250,000 (single) on a primary residence — the vast majority of home sellers will not be required to pay this tax.

 Here’s an example: A couple with an adjusted gross income of more than $250,000 (which qualifies them for the tax — more than 90% of households make less than that) decide to sell their house. They purchased their Brooklyn home long, long ago for $50,000. They sell the house, miraculously, for $549,000. Because that profit of $499,000 is under the $500,000 profit exclusion amount allowed for couples, they owe no tax.

The Bottom Line

There are plenty of other taxes that are worth getting upset about; this isn’t one of them.

If you’re Considering Selling Your Brooklyn Home on selling a Brooklyn home, I can help. Give me a call Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected].

 

 

Using Comparables to Sell Your Brooklyn Home Like an Olympic Athlete

Thursday, July 5th, 2012

With the London Olympics kicking off this month, athletes from all over the world are putting their competitive strategies into place to be one step ahead of the competition and go for gold. Channel the world’s champions this summer to establish a game plan, analyze what’s worked in the past and beat out the competition by presenting your Brooklyn home at its best!

Athletes constantly stay informed on the statistics of their biggest competitors, and so should you when it comes to selling your Brooklyn home. Below are the basic components to consider when using comparables to price your real estate:

Make sure the comparable house has sold. Before using a property as a comparable, it needs to have sold so that you know the selling price. Consider the original listing price as compared to the selling price of the home, when developing your winning strategy. Pay close attention to price reductions and how many months the house was on the market. These are essential indicators to pricing your property right the first time.

  • Look to see if it is the same type of home as yours. Find comparable sales that are similar to your home in square footage, style, construction material, number of bathrooms and bedrooms and other amenities.
  • See if it’s in the same location. Real estate pricing is largely based on location, so make sure any houses you consider as comparables are close to your own house or in proximity to the same conveniences.
  • Double-check the research. Just because someone hands you papers that they claim to be comparables doesn’t mean they actually are. You know your house best, so do your own research and read the fine print to make sure that the comparables you’re using to determine your property’s resale value are a good match.

Starting off on the right foot might help you sell your house faster than an Olympic track star. Dedicate yourself to researching comparables so that you can contribute educated facts when discussing the list price of your Brooklyn home.

If you need help pricing your property or need a real estate agent to help you beat out the competition, please call Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected].for more information.

 

 

 

Buying or Selling Brooklyn Short Sales Can Be Tricky

Sunday, June 24th, 2012

Call Charles for help with your Brooklyn Short Sale

Whether you own a property in distress or you’re looking to make a good investment. Buying or selling Brooklyn short sales can be tricky ,and a frustrating process. The best-case scenario is that sellers reduce their debt and buyers get a great deal, but that outcome is ultimately up to the bank.

Below are some standard short sale trials that both sellers and buyers should be aware of before getting their hopes up:

Sellers need to prove hardship. As a seller, you should talk with your bank and then gather all of the documents they require to put together a hardship portfolio to apply for a short sale. These usually include tax returns, employment status and other personal and financial information. Be quick about it, because the bank has the final say, and you don’t want to leave them hanging.

  • Everyone needs to get used to the waiting game. This is probably the most frustrating part, so don’t plan your life around a bank’s approval. They could take anywhere from a couple days to a couple years to make a decision.
  • Banks are waiting on banks. Not only are you waiting on the bank that has the mortgage, but there could also be other liens taken out against the short sale. Those third parties also have to sign off on the debt.
  • Buyers should get a thorough home inspection. If you’re considering buying a short sale property, make sure you hire a professional home inspector.
  • The home could go into foreclosure. Sometimes [city] short sales take so long that the owners cannot keep paying their mortgage and the home goes into foreclosure. Then the bank takes it over and starts a new waiting game.

If you’re considering buying or selling short sales, you’ll want to enlist professional help to navigate the tricky waters. As an expert on Brooklyn short sales, I can help. Please call me  Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected]. for more information.

 

U.S. and Brooklyn Real Estate Continue to Improve

Tuesday, June 19th, 2012

 

Economists say and statistics show that there are true signs of improvement in the most recent housing figures for U.S. and Brooklyn real estate markets. Here are a few of those stats:

Investors bought 1.23 million homes in 2011, up 64.5 percent over 2010, according to data from the National Association of REALTORS®. 

  • The median investment-home price was $100,000 in 2011, up 6.4 percent from $94,000 in 2010.
  • Single-family home sales rose 3 percent in April.
  • New home sales increased 3.3 percent in April, according to new Commerce Department data.
  • Sales of existing homes rose in April, up 10 percent from April of 2011.
  • The median price of existing homes nationwide also moved up to $177,400 from $164,800. This is the biggest year-to-year gain since January, 2006.

In addition to good news in both nationwide and Brooklyn real estate, there’s also good news about the economy:

Economic growth is now projected to grow by 2.4 percent this year, up from a 2.2 percent forecast in February.

  • The new job creation forecast, which is the most watched economic indicator, has also improved. The data now shows that 188,000 new jobs will be created each month this year, which is up from the 170,000 new jobs per month forecasted earlier this year.

As you can tell from this data, if you want to buy Brooklyn real estate while prices are at their lowest, you shouldn’t wait a minute longer. Give me a call today at Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected].. to get started!

 

 

5 Tips for Getting Your Brooklyn Real Estate Ready to Sell

Tuesday, June 12th, 2012

 Most property owners getting ready to sell their Brooklyn real estate understand the importance of cleaning, de-cluttering, updating and staging in order to make a quick sale. However, there are also many other steps you can take to ensure your home appeals to potential buyers, draws them in and seals the deal.

Below are five tips to help you not only get your house in tip-top shape, but also make it extremely marketable:

1.     Find a good Brooklyn real estate agent. While many people think they can sell their home themselves and save money, they’re wrong. Relying on a professional’s expertise and experience has been proven to net you a bigger profit — and definitely reduce your stress and frustration.

  1. 2.      Clean and de-clutter. While this goes without saying, we’re going to reiterate it anyway. Make sure your home is spotless and depersonalized. You also might want to consider hiring a staging professional to make it inviting and memorable.
  2. 3.      Have your home inspected. Many sellers are getting their property pre-inspected so they can head off any potential deal breakers. If an inspector finds a major issue, you might want to hold off putting the home on the market until you get it fixed.
  3. 4.      Offer a home warranty. Especially if you have an older home, you should consider sweetening the deal with this tempting proposition. While you know your water heater works perfectly fine, today’s buyers want everything new and might be wary of used appliances. So, set their minds at ease, even if it’s just for a year.
  4. 5.      Develop a marketing strategy. Utilize your real estate agent and come up with a solid plan for marketing your home. Whether listing just on the web or also in local classifieds, you want to make sure as many eyes as possible see your home.

Don’t jump into the market without doing your homework! Follow these five tips and you’ll be on the way to setting up your Brooklyn real estate for a quick sale.

If you’d like more strategies for getting your home in order before putting it up for sale, please call Charles D’Alessandro Your Brooklyn real estate agent with Fillmore Real Estate a call at 718/253-9600 ext 206 or email me at [email protected]..