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Long Island Condo Owner Asks: Is Now The Time To Sell?

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Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803
sovon_sell_your_condo.jpg

Top Reasons To Sell Your Long Island Condo Now

 

Condo Owners Ask: "Is Now the Right Time to Maximize My Condo's Value by Selling"

 

Listen Up Owners, Here's Why the Answer is Yes ~

  1. Current market conditions are favorable for sellers, with low inventory and high demand.
  2. Interest rates are making it an attractive time for buyers to purchase.
  3. Can be a good time to take advantage of any equity built up in the condo.
  4. It may be the right time to sell before any potential market changes or economic shifts.
  5. Prevailing market may be a good opportunity to sell before any repairs or updates are needed to your condo
  6. You may be able to take advantage of any changes in the local real estate market
  7. Consider this may be the right time for a quick sale
  8. You might need more or less space, and you're ready to downsize or upsize.
  9. If you have equity built up in your condo, selling now allows you to move on to your next life stage without delay.
  10. Limited future market uncertainty
 
 
Bottom Line:
  • Current market conditions favorable for sellers
  • Low inventory of condos available
  • Potential market shift
  • Attractive interest rates for buyers
  • Potential for a quick sale

Selling doesn't have to be a stressful decision. But, if your housing needs have changed, the market is in your favor, and you may want to sell your Long Island condo now.

Are you ready to start the Selling journey?

Call REALTORS® Lawrence & Sheila Aganoff - Cell: 631-805-4400, and Let's Chat!

Posted by

                                                    Sheila & Larry Agranoff

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                                                                Cell: 631-805-4400
                                                             We Welcome Your Call
 
 
 
Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited. Sale May Be Subject To Term & Conditions of An Offering Plan. Disclaimer: While information is believed to be accurate it's represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2023.
 
 
 
 
 
 

 

Comments(15)

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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Larry and Sheila. Number one on your list is a big key but the recognition of favorable interest rates in number two should be the oe pushing would be buyers over the edge. Enjoy your day.

Feb 03, 2023 04:19 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Long Island condo owners - call Larry & Sheila now to get your home on the market! The time is right!

Feb 03, 2023 04:33 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Those are a lot of good reasons to say yes.  The best time to sell is when someone is ready to sell.

Feb 03, 2023 04:48 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Sheila and Larry... all great reasons to sell sooner rather than later for those who've been thinking about it. 

Feb 03, 2023 04:53 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Sheila and Larry - on Long Island and elsewhere, these are questions property owners may ask themselves as they make that important real estate decision.  The situations and circumstances may vary.  Answers do as well.  It really depends.  The questioning is a part of the process.  

Feb 03, 2023 05:13 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your weekend!

Feb 03, 2023 05:47 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Larry and Sheila,

I'd say you have outlined well with 10 good reasons why it's a good time to sell your Long Island Condo! Well done!

Feb 03, 2023 06:38 AM
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Such a great compiled list!  I will have to share some of these to my clients.  Thanks for sharing and have a fabulous weekend!

Feb 03, 2023 07:34 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good advice to share with prospective home sellers.

Have a great day and an outstanding weekend.

Feb 03, 2023 07:43 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sheila and Larry and good answers to share with people thinking about selling.  Good advice.

Feb 03, 2023 09:10 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Sheila,

Those are all good reasons to consider selling.  I like numbers 1 and 4.  

Feb 03, 2023 09:12 AM
Philip A. Raices
Turn Key Real Estate - Great Neck, NY
1 of the Most Knowledgeable Brokers on the Net!

Good afternoon Larry and Sheila,

1st time to comment and I would agree with all your reasonings.  However, those that have F.E.A.R. (Fantasized Expectations Appearing Real) and worry about the future have temporarily dropped out of purchasing.  Then there are those who have left NYS entirely (180,00+) and this has been happening for over 10+ years.  Although interest rates have gone up and then have come down over the last few months, many can no longer afford to buy for now.  Without enough buyers, properties will languish on the market much longer.  Long Island has been very insulated as we have had an amazingly strong economy, but much is made up of service jobs (great for landlords) who can only afford rentals.  We are losing our Millennials and Gen Zs and that is where our future lies.  Our politicians need to work smart and hard to figure out incentives in keeping them here whether a reduction in our absurd real estate taxes, state income taxes, or whatever will keep them in place.  I write a weekly real estate/business column that 125,000 subscribe to as well as many articles are on Google, FB, Twitter as well as active rain.  To subscribe: https://www.wallitbits.io/island360-offers  

I also pen a monthly digital real estate/business newsletter and a monthly  "Home Sweet Home magazine and a bi-monthly "American LifeStyle" magazine too.

You 2 are powerhouses so keep up the fantastic work

Feb 03, 2023 01:24 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400

Thanks for your first comment Philip. We are finding Long Island buyers are out and about, and more inventory is definitely needed! Nice to learn about your Real Estate publications!

Feb 04, 2023 07:21 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Larry and Sheila- you've pointed out some excellent reasons why now is the time to sell!!!  If anyone is even thinking of selling, go with the local expert, which is you. 

Feb 03, 2023 06:17 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Thank you for your comments on Long Island Condo Owners questions. Yes, now is a great time sell!

Feb 04, 2023 07:22 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sheila & Larry as far as I am concerned when sellers need to sell it is always a good time, Endre

Feb 05, 2023 10:19 PM
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