Real estate blog entries tagged with sellers by Miriam Bernstei

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sellers: Preparing Your Home To Sell in New Orleans - 04/11/11 12:16 AM

Thinking about selling a home that you have lived n for many years can be really overwhelming for a lot of people. Attics are full of boxes with memories, kids may have left home but their stuff hasn't, if you have a basement that can be full of boxes as well. Often homeowners don't just want to throw everything but rather feel a need to to go through the boxes and see what they want to keep. This process is often a trip down memory lane any very emotional.
Remember the time Emily stared in the school play and this was her outfit? … (0 comments)

sellers: We Meet the Nicest People Selling Real Estate - 07/14/10 01:07 AM

I have a friend by the name of Susan. Susan is married to Barry. Susan and Barry have three children. Their oldest child has a list of debilitating challenges, including cerebral palsy, impaired vision, seizure disorder and cognitive delays, Susan’s hopes and dreams for her baby were shattered, and she had to gain a new set of skills to cope with the complexities of raising a child with multiple disabilities.

Several years ago Susan went on a search for a new home. Because of her son Susan had certain challenges in her home search. First floor bedroom with doors wide enough … (0 comments)

sellers: Ooops, I Should Have Listened - 07/26/09 10:42 PM

Several months ago I had an offer on a house in Westchester County. My buyer was preapproved and very qualfied, very qualified. We presented a low offer. The owner said that my buyer needed to come up on their offer before they would counter. The offer was just too low.
The house was asking $625,000 and the offer was $530,000. The offer was too low, too low to counter. So they didn't. Now, I know that my buyer wanted to negotiate. They wanted a response to their offer, they wanted to hear from the seller a response. There was no response. … (4 comments)

sellers: How Not to Sell A House! - 03/29/09 07:04 AM

If your house is on the market I would bet you have heard more than once that pricing it right is the most important thing you can do. Yesterday I showed a house in lower Westchester County. It's nice house. The homeowner has lived there for about 17 years years and has done quite a bit to keep the condition current. Nice house, nice location. Here is the problem.
This homeowner was home to let me and my buyer in to preview the house. This homeowner as we walked into the kitchen gave my buyers three seconds to look around before … (1 comments)

sellers: Let the Buyers and Sellers Decide - 08/02/08 10:54 PM

There are quite a few posts about agents being frustrated with buyers who want to put in what they consider a low ball offer. So if you have shown the buyer the comparables and you both have decided that the property is priced correctly and the buyer still feels they want to put in a lower offer seems okay to me. They are buying the property, it is their hard work that will pay the mortgage, it is their life. They have decided that is what the house is worth to them. The seller can say no. The seller has to … (11 comments)

sellers: The Story of a Co-Op Sale - 07/11/08 11:20 PM

I recently listed a co-op. A really nice apartment. The seller, who is a previous neighbor, called and asked me to list it. I was really happy to hear from her. We met, talked, looked at the current market to determine a price. This particular seller did a lot of research and kept track of what was selling in the building, she went to some of the broker open houses in the complex to compare those prices and properties to hers. She knew that mint condition would net her a higher price so she worked to clean the apartment and had … (5 comments)

sellers: Appointments and Feedback - 06/18/08 01:05 AM

When you go to see a property with your agent, did you know that the listing agent is most likely going to contact your agent and request feedback about the showing. They want to know if you had any interest and if not what did you think.
In this market with some properties lingering feedback is becoming more and more important. It can help a seller and the listing agent make changes to a property so that it will make a better impression.
For instance if several buyers all say that the property seemed dark, the seller can make it a … (2 comments)

sellers: With Co-Operating Brokers What Are You Paying For? - 06/09/08 09:59 PM

The multiple listing service is a listing service where cooperation is offered between agents. I list a property put it onto the MLS and agree to pay part of the commission the seller is paying me with other agents in order for them to bring a buyer with a acceptable offer.
What is it that the seller is paying for? Why am I cooperating with another agent? I am paying a salary to another agent to do a job. I am paying another agent to do a job with follow up. I am paying another agent to do a job not … (3 comments)

sellers: The Market is Great in Westchester County, Really - 05/12/08 10:54 PM

I know that I am a Real Estate Broker and that anything that I have to say about this market is suspect. I can only tell you what my experience has been over the past few weeks. Yes, it is true that prices are down from the top of the market in 2006, yes it is true that some sellers are waiting to put their homes on the market and yes it is true that some buyers actually think they can time the market.
But, for those sellers that need to sell for either personal or business related reasons there are … (3 comments)

sellers: Bidding Wars, Yup! - 04/11/08 09:59 PM

I had this experience this week. A property came on the market, priced right, staged, in the right community. Multiple good offers.
Although official numbers are not yet tallied for the first quarter of 2008, the slowness in the market that began to take hold last year "is really here in Westchester now in a serious way," said P. Gilbert Mercurio, the chief executive of the Westchester County Board of Realtors.
Bidding wars may be anomalous in this environment, but they do happen. Mr. Mercurio is one of several experts who theorize that multiple bids result from a combination of shrewd pricing … (6 comments)

sellers: 120 Frederick Street, Cortlandt Manor, New York 10567 - 02/11/08 03:58 AM

Have I got a house for you? In Northern Westchester County, from the Croton-Harmon train station a 55 minute commute down the Hudson River to New York City. Fabulous almost new construction. Sweet! All for $449,500. This house is waiting for you. MLS #2735547. Listed by RE/MAX Prime Properties. What are you waiting for?
For complete information and more pictures, please check here.

… (0 comments)

sellers: Out and About Showing Properties - 01/24/08 09:12 PM

We have a buyers market in Westchester County. It is a stronger buyer's market in some communities than in others but a buyer's market none the less. We are seeing price reductions, some large price reductions coming through. More and more throughout Westchester County I see agents travelling with buyers all over. With the internet, buyer brokerage, navigation systems, agents can get into their cars and travel. Over the past few days I have been showing houses to first time buyers, three couples, all with different issues and concerns. I love this part of the job. I have been doing this … (3 comments)

sellers: Agents Being Sued For Valuation in Declining Market - 01/21/08 09:53 PM

This article appeared in the New York Times this morning. In the past when market declines have occurred real estate agents/brokers had been working for the sellers in real estate transactions. This is the first decline where quite a few agents represented the buyer. So, a couple out in California who bought during the past sellers market feel that their agent misrepresented the value of the house they bought, didn't show them all similar properties in the development they bought in and they feel that they overpaid and that it is the agent's fault. This is quite interesting. Is it the … (20 comments)

sellers: Profile of Home Buyers and Sellers in New York State 2007 - 01/15/08 09:44 PM

Over the past two years the home buying and selling environment has shifted substantially. Last August questionnaires wer sent to 150,000 consumers who purchased homes between the period of July, 06 and June 07. 9,996 responses were received. The New York State Associationm of REALTORS then studied and came up with the New York State Profile of Home Buyers and Sellers for 2007.
Read the entire report here, NYSAR 2007 Profile
… (3 comments)

sellers: 6 Wildwood Drive, A9, Hartsdale, New York 10530 - 01/14/08 07:56 PM

Spacious Jr 4 with living room, dining room (or 2nd bedroom wall is up), eat in kitchen, large bedroom and updated bathroom. There are large picture windows with treed views of woods. This is property is located within walking distance to the Hartsdale train station with a 30 minute commute to Manhattan. Centrally located in mid-Westchester County. Close to shopping and transporation. Maintenance is $660.00 with 50% deduction. No Pets.
Asking $184,500
For further information please visit http://www.miriambernstein.com/6Wildwood

… (0 comments)

sellers: See the House Twice! - 01/09/08 10:46 PM

The mind can play games. Buyers go through a house and notice this and that. Get a general feeling for the layout, property, number of bedrooms, baths. Finished basement and a lot of other details. They go home and then the memory starts to change things. A large den becomes smaller, an eat in kitchen becomes not really eat in. A lack of closets turns into "there are no closets".
It is a good idea if you have any interest in a property to see it a second time and maybe even a third time. If you are a first time buyer … (9 comments)

sellers: This House is a Mess!! What to Do? - 01/05/08 09:43 PM

Should you take a listing if the house is a mess? This past year I had a listing from a family who were relocating overseas. The husband had already moved and was coming to the United States every few weeks. They had two children in the schools and wanted to wait until the school year ended before they sold their house and moved. Their house was a mess but the kind of mess where they were not very neat. The floors and windows, kitchen were all in excellent condition but there was a lot of stuff all over the place. They … (11 comments)

sellers: Negotiating for a Home - - 01/05/08 09:28 AM

As I think back over the years of selling residential real estate I think about the different markets that I have sold in. Buyer's markets, seller's markets, neutral markets. In all of these markets one thing remains constant and that is the right of buyers to try to get their best price and for sellers to try to sell for the most they can. This can lead to some interesting negotiations.
One of the issues as I look back is that buyers and especially first time buyers do not know how to negotiate. They may buy and sell properties only one or … (6 comments)

sellers: Taking Precautions with Selling - 11/30/07 11:55 PM

As reported in a multitude of Newspapers and Magazines last week two women, posing as wealthy home buyers visited Open Houses in the up scale community of Upper Saddle River, New Jersey and luxury properties in Manhattan. Police reports say that they stole jewelry and other valuables in excess of $70,000. Some of the items stolen were fur coats, diamonds earrings and expensive brand hand bags like Louis Vuitton. They did catch and arrest the two women involved.
This is a very rare occurance but why take a chance. While all of these articles addressed Open Houses it really should address … (0 comments)

sellers: The Agent Didn't Present The Offer, What? - 07/12/07 10:21 PM

I had lunch with a friend yesterday. She and her soon to be husband have a house on the market out of this area. They are selling because they needed more space and have purchased another home. My friend, let's call her Seller 1, has given the listing to her daughter, let's call her Agent 1, who has been in the business for about three months. Her daughter feels she is too new in the business and tells Seller 1 that she would like her boyfriend, who has been in the business for a couple of years to share the listing. Agent … (6 comments)

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