The purchase of real estate is one of the most important transactions a person will ever make. The first step is pick out a specific areas to focus your search on. We feature an extensive inventory of co-ops and condo apartments in the Queens, Sunnyside, Kew Gardens, Jackson Heights, Sunnyside, Flushing, Woodside, Elmhurst, Rego Park and Brooklyn areas. When looking at neighborhoods, check out the quality of schools, the average home prices, the major employers, and the nearby resources (fire station, library, grocery store, etc). After choosing the best area for your family, then it’s time to start taking more proactive steps.
A real estate agent will be your major resource for help and information. Your agent will be your access point for the MLS (Multiple Listing Service), which lists all available properties on the market. While many sites allow you to view the MLS, you will need an agent to actually tour the homes. Beyond simply finding you a home, your agent can often help you find a good source of financing.
Financing is a crucial step in the buying process. It’s important to be pre-approved for a mortgage before looking seriously at homes. Pre-approval means that you have been fully screened by the lender and approved for a loan; this can be a huge help when the time comes to make an offer. Most sellers will go with candidates that are pre-approved, since there’s less risk that the deal will fall through.
Your real estate agent will also be critical when it comes to negotiating and making your offer. It’s usually preferable to avoid agents who are working with the home seller, since this can compromise your interests. The home buying process is long and involved, but with the right resources–namely, a good agent–it can be exciting and fun. Contact us today to get started!
Selling real estate is not something to take lightly. However, there are some easy steps that can help you get the maximum return on your home. The first step is to find a real estate agent to guide you through the process.
We offer a full scale brokerage service for owners seeking to sell their apartments. When you list with us, we ensure that each buyer is a qualified purchaser and try to get buildings pre-approved by the bank to ensure that closings are expedited quickly. The solid relationships we have with many management companies is to your advantage – allowing us expedite sales in a timely manner and important in securing your sale.
During the selling process, some people consider selling the property themselves. While FSBO (For Sale By Owner) is not necessarily a bad way to go, homeowners typically do not get the same prices as professional agents. Even after factoring in an agent’s fees, the amount of work it takes to sell a home tends to make an agent a worthwhile investment.
After finding a real estate agent you trust, the next critical step is pricing your home. Look around at similar houses for sale in your neighborhood and price yours in that range. Of course, the interior and exterior condition of your home will make a large difference. For example, if you’ve remodeled recently or have new appliances, the price will naturally increase. Your real estate agent will use the MLS (Multiple Listing Service) to come up with an appropriate price; however, this will simply be a suggested price. The final decision will be up to you, which is why it pays to do a bit of comparative research.
The next step is getting your home ready to show. Open houses are critical in stirring up interest in your home, but too few buyers really take the necessary steps to make their homes buyer-friendly. For example, repainting the exterior of your home is relatively inexpensive and offers huge results in terms of curb appeal. Inside, it’s best to make your home as free of clutter as possible. You may even want to rent a storage space for extra furniture and items–even your closets should look spacious. The offer(s) on your home will most likely come from open house attendants. After that, your agent will be able to handle most of the details, though the final decisions on price and sale will be yours to make.