Ar_home_b_search
 

Any real estate professional worth their pay will "comp" (compare) your home for sale to see what your immediate real estate market will bear for similar ones before coming up with an asking price suggestion for yours.

However, what makes another home a good "comp"?

A number of basic items must be in line with your home's features in order for the agent to utilize another home in your area as a "comp". These items are: same neighborhood, a similar street, the same school district, and similar lot and housing size and features. If all of these items align, then a "comp" can be used to suggest a current estimated value of your home. Using a home that is the same model in the same subdivision that sold just recently would be ideal of course. But this really happens only once in a while.

Most sellers really do not know how to locate and compare similar properties, which is one of the reasons why they hire an experienced agent. Good seller's agents take all of the work out of selling and marketing your home and they also give you solid and valid reasons to understand why you should be pricing your home at a specific price.

Naturally overall location, lot features, home size, upgrades, on site and nearby amenities, other extras and unique architectural details of the home all affect the listing price and how your home can be compared to "comps".

Taking a careful look at each of these items shows what people wanting to live in your area might be looking for when it comes to buying a home. For example, a higher sale price on a recently sold home that has an in-ground pool can indicate that this is an upscale family neighborhood and buyers put an increased value on such amenities. Your home may not have a pool but it might have other amenities along these lines: a tennis or basketball court, a dedicated gym, or a fantastic outdoor entertainment area.

Agents will always look at what makes your home stand out and what is similar to others in the neighborhood. They'll search for the best characteristics to showcase and then compare your home to others that have recently sold to see how yours stacks up from a buyer's perspective.

Reviewing the "comps" can also provide a lot of insights about sales trends in your neighborhood. Agents that work your neighborhood know what homes have sold when and for what price. They've been inside these homes and have seen their features and upgrades, or any flaws and drawbacks. They also know or can find out which homes were foreclosures or short sales.

Generally, many foreclosed homes are in very poor condition. However, many of the short sale properties can still be in good repair. Both of these types of sales usually occurred at discounted prices. So, if a "comp" is used from these sales categories, your agent must carefully cull out and evaluate the distinct differences that may or may not increase the value and therefore the listing price of your home.

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

New Home Builder confidence has continued to gain momentum this month, rising four points compared to last month reaching levels not seen since 2007. This is now the fourth consecutive month of confidence gains.

It seems that improved interest in new home buying has roused to get builders geared up again. Bob Nielsen, chairman of the NAHB, reports: "This good news comes on the heels of several months of gains in single-family housing starts and sales, and is yet another indication of the gradual but steady improvement that is beginning to take hold in an increasing number of housing markets nationwide... and that has been shown by our Improving Market Index."

Nevertheless, there remains a very strong concern among new home builders in the ability of potential buyers to qualify for mortgages. Over the past two weeks mortgage applications have shown an increase  which seems to indicate that that buyers are finally coming back to the market.

Michael Fratantoni, Mortgage Bankers Association's Vice President of Research and Economics, said, "Interest rates dropped last week due to continuing anxieties regarding the fragile economic situation in Europe. With mortgage rates reaching new lows, refinance volume jumped and MBA's refinance index reached its highest level in the last six months. Purchase activity also increased as buyers returned to the market after the holiday season."

Let's see if this trend continues.

 

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

Beautiful Bronxville Coop - Corner Unit - Deeded Indoor Parking

280 Bronxville Rd #9B, Bronxville, NY 10708 View Map

Sought after Bronxville Lodge Coop building. Top Floor Corner/End Unit with deeded indoor parking space. Short walk to Metro North & Bronxville Village! Light and bright End Unit in beautiful pre-war building boasting an elegant and expansive Entry Hall. This very well kept One Bedroom Unit offers oversized rooms with hardwood floors and architectural details throughout. Completely updated Eat-In-Kitchen with top of the line appliances, granite counters and tile floor. Sun comes streaming into an oversized Living Room which can also hold a formal Dining Room. Nice wooded views from the Living Room, Bedroom and Breakfast Nook. Off the large Entry Hall is an updated full Bath and elegant Bedroom with 2 closets and 4 large windows. Plenty of storage. Deduct $93.26 monthly for STAR. A Must See!!!

Details

Asking Price:
$269,000
MLS:
3136233
Sq. Feet:
850
Lot Size:
n/a
Bedrooms:
1
Bathrooms:
1
# of Floors:
9
HOA/Maintenance Fees:
603
Garage Size:
1 Bay
Year Built:
1934

Property Amenities

    - Range/Oven
    - Full Refrigerator
    - Microwave
    - Dishwasher
    - Fireplace
    - Hardwood floors
    - Central Heat
    - Tile floor
    - Living room
    - Breakfast nook
    - Granite Countertops
    - Laundry area - inside
    - Deeded Indoor Parking
    - Window AC Units

Community Amenities

    - Garage Parking
    - Secured Entry
    - Gated property
    - Elevator

Contact Info

Phyllis Lerner, Realtor
Licensed Real Estate Broker



Cell 914-438-7556
Email | Website


All information is deemed reliable but is not guaranteed.

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 
Bedford Road
Sleepy Hollow, NY 10591
4.67 Acres - Zoned Residential - Pocantico Hills
Price : $1,295,000
Lot Size : 4.67 acres
Community : Pocantico Hills
County : Westchester
Property Type : Detached
MLS Number : 3115643



Bedford Road Property
More Information


Property Description
Once In A Lifetime Opportunity! - Almost 5 acres (4.67 acres) of beautiful, lush, unimproved land (zoned residential) abutting the Rockefeller Estate, the Rockefeller State Park and Bedford Road with easy, direct access to the horse trail system of the park. Ideal for mini estate and/or horse property. Very private, partially wooded, partially grass lands. Flat in most areas and gently sloped in others. Possibly two lots (please confirm with village zoning / building department). Please see artist rendering and site plan for possible mini estate / horse property layout. Bring your own architect / builder to plan your very own country estate in a sought after location / school district. Pocantico Hills residents recreation offerings include Summer Day camp, Olympic size pool complex, picnic grounds, basket ball, tennis courts, ball fields, playgrounds, walking riding trails, and much more. Country living at its best! Close to everything Pocantico Hills, Sleepy Hollow & Tarrytown have to offer. Close to shops, restaurants, major highways, transportation. Low taxes!

Property Features
A g e n t I n f o r m a t i o n
Phyllis Lerner
NYS
Mobile 914-438-7556

William Raveis Legends Realty Group
37 Main Street
Tarrytown, NY 10591
Equal Housing Opportunity.
generated by

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

Beautifully Redone Bedford Hills Home For Sale

31 High Street, Bedford Hills, NY 10507 View Map

Beautifully renovated and updated 3 to 4 bedroom Split Ranch in sought after Bedford Hills set on nice level property in quiet neighborhood.

The first floor features an entry foyer with hardwood staircase, a brand new kitchen with granite counters, stainless steel appliances and pantry, large, bright and airy living room and dining room areas with a glass slider out to the generous backyard deck, plus three bedrooms and a gorgeous hall bathroom with new tile work, tub, toilet, sink and cabinetry. Refinished, gleaming hardwood floors throughout. All new floor and crown moldings, solid wood doors with new hardware, fresh paint throughout. Bessler stairs up to storage attic.

The lower level is made up of a large family room with wood burning fireplace and luxurious wet bar complete with under mount sink in black granite top, cherry wood cabinetry and space for wine cooler or mini fridge, plus a door out to the backyard patio. Brand new tile work and wall to wall carpets. In addition, there is also another fully redone bathroom and a fourth bedroom /office/den/exercise room, a laundry room with dryer and washer hook ups, a utility room and an over sized two car garage with new overhead doors and cabinets for tools. Spacious driveway able to accommodate 2-4 cars, plus street parking. Backyard deck & patio are connected via staircase. Backyard garden shed, lawn & new fence.

All new electrical service, septic tank has been cleaned out and serviced, municipal water, forced air gas heat, hot water and central A/C, all just serviced. New light fixtures and recessed lighting throughout, maintenance free double glazed vinyl windows.

Near schools, shopping, restaurants, train and parkways. House is over assessed, buyer can initiate tax grievance.

Details

Asking Price:
$439,000
Sq. Feet:
1723
Lot Size:
.256
Bedrooms:
4
Bathrooms:
2
# of Floors:
2
Garage Size:
2
Subdivision:
Bedford Hills
Year Built:
1963

Property Amenities

    - Range/Oven
    - Full Refrigerator
    - Microwave
    - Dishwasher
    - Fireplace
    - Hardwood floors
    - Wet Bar
    - Basement
    - Attic
    - Patio
    - Deck
    - Grass Lawn
    - Yard
    - Fenced Yard
    - Great Room
    - Central A/C
    - Central Heat
    - Tile floor
    - Family room
    - Living room
    - Bonus/rec room
    - Office/den
    - Dining Room
    - Breakfast nook
    - Granite Countertops
    - Stainless steel appliances
    - Laundry area - inside

Community Amenities

    - Garage Parking
    - Guest Parking

Contact Info

Phyllis Lerner, Realtor
Licensed Real Estate Broker



Cell 914-438-7556
Email | Website


All information is deemed reliable but is not guaranteed.

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

And here is a really fun and educational contest stirring the creative juices... the more the better... what will we learn here? Participate and post your listing presentation secrets...

 

Via Andrea Swiedler - Swiedler & Adams - New Milford, Litchfield CT Real Estate (Prudential Connecticut Realty, Litchfield County Real Estate):

Kick butt listing presentation contestTHE MOST AMAZING KICK BUTT LISTING PRESENTATION CONTEST!

Do you stand out from the crowd? Or are you hanging with the rest of the bunch with your listing presentation. Unless you are an exclusive buyers agent and have never listed a house, you know the listing presentation rag. Some people use the canned presentations, provided by either your company or a product like Toolkit CMA. Others will make up our own. Each needs to be tweaked for the specific circumstances. I am always looking for the best listing presentation in the history of real estate to wow a prospective seller, to shut out the competition before they even make it to the door!

Where best to come and see what the best of the best are doing as a listing presentation? ActiveRain of course, where the best of the best are already here doing what they do better than the rest! At least in my humble opinion.

So, here is the deal. Tell us about your kick butt listing presentation. Here are a few things to think about when writing your post.

  • What do you do from that first contact to the actual presentation.
  • Are you a 2 stepper, viewing the house first, then coming back with your presentation?
  • Do you go over the comps and give them a suggested list price range on your first visit?
  • What product do you use, or have you developed your own presentation?
  • Have you gone paperless with your listing presentation?
  • If you have not gone paperless, do you leave the presentation with the customer when you go? And if you don't leave it there and they specifically ask for it, what do you tell them?
  • Do you have an interview process when they first call you, or do you wait to discuss this face to face?
  • Do you have a kick butt pre-listing packet you email/drop off to them?

ActiveRain Listing Presentation ContestYou get the idea. And as a reward you will get.... points point points and be recognized as one of the best listing presentation agents in the history of real estate! Our benevolent people in charge at ActiveRain have agreed to award the following points:

First Place: 3000 POINTS
Second Place: 2000 POINTS
Third Place: 1500 POINTS


All other entries will receive the usual points for posting, plus an additional 500 POINTS

Of course those of you who don't list properties may want to participate. And I am an equal opportunity person... So.... give us your kick butt presentation of why a consumer would use YOU! What do you give them, what do you tell them that would make them pick you over another buyers agent, another mortgage person, another home inspector, another stager, you get the idea.

Rules of the Road:

  • You must post a link to your entry here in this post by FEBRUARY 29, 2012 AT 12:00 MIDNIGHT PACIFIC STANDARD TIME.
  • Contest ends FEBRUARY 29, 2012 AT 12:00 MIDNIGHT PACIFIC STANDARD TIME.
  • You need to tell us if you are a one visit or two visit type of agent, and tell us why and how you make it work
  • Tell us if you send a pre-listing packet or not
  • Tell us if you leave your work behind!
  • You can either do a screen shot of your presentation, use something like sliderocket.com, make it a video presentation on Youtube, or download a pdf file (to somewhere that will hold your pdf file such as your website or wordpress site) and put a link to it. You must allow us to see enough of your presentation to give us the idea of why yours is the best, most kick butt listing presentation in the history of real estate ever! But of course you do not need to "give away the store".


And now I await to see some of the most amazing kick butt listing presentations in the history of real estate!

Winning Listing Presentation

Andrea Swiedler Realtor

Andrea Swiedler, Realtor® Liddy Adams, GRI, Broker Associate

Cell: 203.460.1775  Email: andrea@andreaswiedler.com 

Swiedler & Adams, we know real estate!

Search Homes for Sale in Litchfield County CT.

New Milford CT Real Estate on FacebookAndrea Swiedler on LinkedinNew Milford CT Real Estate on TwitterGoogle

Contact Andrea Swiedler Realtor

 

Prudential Connecticut Realty, New Milford & Litchfield, CT

Swiedler & Adams

Call me at 203.460.1775

© Andrea Swiedler, 2009 - 2012

 Always do right. This will gratify some people and astonish the rest. - Mark Twain

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

4.67 Acres - Zoned Residential - Pocantico Hills School District

Bedford Hills, Pocantico Hills / Sleepy Hollow, NY 10591 View Map

JUST REDUCED - Once In A Lifetime Opportunity! - Almost 5 acres (4.67 acres) of beautiful, lush, unimproved land (zoned residential) abutting the Rockefeller Estate, the Rockefeller State Park and Bedford Road with easy, direct access to the horse trail system of the park. Ideal for mini estate and/or horse property. Very private, partially wooded, partially grass lands. Flat in most areas and gently sloped in others. Possibly two lots (please confirm with village zoning / building department). Please see artist rendering and site plan for possible mini estate / horse property layout. Bring your own architect / builder to plan your very own country estate in a sought after location / school district. Pocantico Hills residents recreation offerings include Summer Day camp, Olympic size pool complex, picnic grounds, basket ball, tennis courts, ball fields, playgrounds, walking & riding trails, and much more. Country living at its best! Close to everything Pocantico Hills, Sleepy Hollow & Tarrytown have to offer. Close to shops, restaurants, major highways, transportation. Low taxes!

Details

Asking Price:
$1,295,000
MLS:
3115643
Subdivision:
Pocantico Hills

Contact Info

Phyllis Lerner, Realtor
Licensed Real Estate Broker



Cell 914-438-7556
Email | Website


All information is deemed reliable but is not guaranteed.

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 
Call agent for more info: Phyllis Lerner at 914-438-7556
Or Text for more info: Text "20912" To 79564


280 Bronxville Rd
Bronxville, NY 10708
280 Bronxville Rd, Bronxville NY, Coop For Sale

Price : $269,000
Bedrooms : 1
Bathrooms : 1
Square Foot : 950
Community : Bronxville Lodge
County : Westchester
Property Type : Detached
Year Built : 1934
MLS Number : 3136233



more pictures below

Property Description
Beautiful Coop Apartment with Bronxville PO - deeded indoor parking spot, top floor end unit, close to Metro North Bronxville Village! Light & bright end unit in beautiful pre-war building. Oversized Rooms offering hardwood floors & architectural details throughout. Totally updated eat in kitchen with granite counters & tile floor. Sun comes streaming in to oversized living room which has also space for a formal dining area. Off large entry hall is an updated full bath and the elegant bedroom with 2 closets & 4 windows. Deduct $93.26 for STAR from monthly common charges. A Must See!











Call agent for more info: Phyllis Lerner at 914-438-7556
Or Text for more info: Text "20912" To 79564


William Raveis Legends Realty Group
37 Main Street
Tarrytown, NY 10591



More info at http://westchester-real-estate.us

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

Beautifully Redone Bedford Hills Home For Sale

31 High Street, Bedford Hills, NY 10507 View Map

Beautifully renovated and updated 3 to 4 bedroom Split Ranch in sought after Bedford Hills set on nice level property in quiet neighborhood.

The first floor features an entry foyer with hardwood staircase, a brand new kitchen with granite counters, stainless steel appliances and pantry, large, bright and airy living room and dining room areas with a glass slider out to the generous backyard deck, plus three bedrooms and a gorgeous hall bathroom with new tile work, tub, toilet, sink and cabinetry. Refinished, gleaming hardwood floors throughout. All new floor and crown moldings, solid wood doors with new hardware, fresh paint throughout. Bessler stairs up to storage attic.

The lower level is made up of a large family room with wood burning fireplace and luxurious wet bar complete with under mount sink in black granite top, cherry wood cabinetry and space for wine cooler or mini fridge, plus a door out to the backyard patio. Brand new tile work and wall to wall carpets. In addition, there is also another fully redone bathroom and a fourth bedroom /office/den/exercise room, a laundry room with dryer and washer hook ups, a utility room and an over sized two car garage with new overhead doors and cabinets for tools. Spacious driveway able to accommodate 2-4 cars, plus street parking. Backyard deck & patio are connected via staircase. Backyard garden shed, lawn & new fence.

All new electrical service, septic tank has been cleaned out and serviced, municipal water, forced air gas heat, hot water and central A/C, all just serviced. New light fixtures and recessed lighting throughout, maintenance free double glazed vinyl windows.

Near schools, shopping, restaurants, train and parkways. House is over assessed, buyer can initiate tax grievance.

Details

Asking Price:
$439,000
Sq. Feet:
1723
Lot Size:
.256
Bedrooms:
4
Bathrooms:
2
# of Floors:
2
Garage Size:
2
Subdivision:
Bedford Hills
Year Built:
1963

Property Amenities

    - Range/Oven
    - Full Refrigerator
    - Microwave
    - Dishwasher
    - Fireplace
    - Hardwood floors
    - Wet Bar
    - Basement
    - Attic
    - Patio
    - Deck
    - Grass Lawn
    - Yard
    - Fenced Yard
    - Great Room
    - Central A/C
    - Central Heat
    - Tile floor
    - Family room
    - Living room
    - Bonus/rec room
    - Office/den
    - Dining Room
    - Breakfast nook
    - Granite Countertops
    - Stainless steel appliances
    - Laundry area - inside

Community Amenities

    - Garage Parking
    - Guest Parking

Contact Info

Phyllis Lerner, Realtor
Licensed Real Estate Broker



Cell 914-438-7556
Email | Website


All information is deemed reliable but is not guaranteed.

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 

Congress voted at the end of December 2011 to extend the payroll tax deduction discount which is part of the "Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010". This move continues the 2% cut for two more months by extending the act through the end of February of 2012.

In order to pay for the $33 billion cost of this program Congress is requiring Freddie Mac, Fannie Mae and the FHA to increase their loan fees, essentially leaving newly to be home-owners to foot the bill.

Borrowers will have to pay now rates that are about .375% to .5% higher for conventional mortgages and also higher mortgage insurance premiums on FHA loans beginning April 1st of this year. This means that on, for example, a $200,000 conventional mortgage you will need to pay $750 to $1,000 in additional fees to buy the rate down to the interest rate you would have received before this program was extended. If you do not buy it down you'll have to pay tens of thousands in additional interest over the life of a 30 year conventional mortgage. This applies to all conventional mortgage products from any bank or lender.

Many lenders are already beginning to implement this rate increase with their rate locks. So, if you are currently floating your interest rate on a purchase or considering a refinance, lock in your rate now to possibly avoid this hike.

 

Lock In Your Mortgage Rate NOW...

Westchester County - Phyllis Lerner, Realtor Phyllis Lerner, Realtor

Broker / Owner

Westchester County NY - Real Estate Listings, Sales, Rentals & Services
914-438-7556

Voted 2010/2011 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)

 
 
Phyllis_lerner_realtor Rainmaker_large

Phyllis Lerner, Realtor - Broker / Owner - Westchester County NY

Tarrytown, NY

More about me…

William Raveis Legends Realty Group LLC

Address: William Raveis Legends Realty Group, 37 Main Street, Tarrytown, NY, 10591

Office Phone: (914) 332-6300

Cell Phone: (914) 438-7556

Email Me

For Home Buyers Westchester County NY Real Estate Trends, News, Listings, Sales, Rentals, Community Statistics, Neighborhood Information, Insights & Happenings

For Home Sellers





Listings

Links

Archives

RSS 2.0 Feed for this blog