When it comes to selling your home in New York, it can be a complicated process that for most people will require professional assistance. This is because there is a great deal of organizing that must take place in terms of form, setting up open houses, showcasing your home and understanding all the intricate rules and regulations when it comes to the selling process.
It’s little wonder than having a real estate agent can not only get you more for your home, but they can also do all of the organization work that ensures your property is sold while avoiding any potential legal or contractual issues. Whether you live in the Brooklyn, Queens or Manhattan area, having the right professional assistance in selling your home is the smart move.
What a Real Estate Agent Does for You
A professional, experienced real estate again provides you with many advantages, particularly if you are not all that familiar with the complicated rules and regulations that govern selling property in the New York City area. While you can sell a home yourself, there is a considerable amount of risk that is involved.
- How to Price your Property
- How to Advertise your Sale
- How to Handle the Transaction Process
All of these things you will need to know how to do if you are considering selling the property yourself. Otherwise, you are creating circumstances where mistakes or misunderstandings are made in terms of the sale process. Quite often, those who try to sell their home either overestimate the value and get few, if any interesting parties or underestimate the value and lose thousands of dollars on the transaction. Plus, if mistakes are made in the paperwork or there are violations of the rules and regulations, the sale itself may collapse.
A real estate agent knows the ins and outs of the business, understanding how to get your property properly valued, on the market and following all the correct procedures to ensure that the sale goes as smoothly as possible. From evaluating your home’s sale potential to the signing of the final closing papers, a real estate agent is a crucial part of the selling process.
The Mechanics of the Sale
Basically, the agent in charge will oversee the various aspects of selling your home which includes, but is not limited to the following;
- Disclosure: A standard form that must be completed & shared or a penalty will ensue.
- Offer: You have the right to accept or refuse offers for your home
- Agreement: Here, a contract is created if an offer is accepted.
- Post-Contract Negotiations: All issues that arise after the offer is accepted must be resolved.
- Closing: The formal turnover the property to the buyer.
All of these steps must be followed so that the legal process of the sale can be fulfilled. A mistake may not only set back the process, but depending on its severity may disrupt the entire sale.
Whether you live in Queens, Brooklyn or the Manhattan area, Lev Shalomayev a Real Estate Salesperson at Coldwell Banker Kueber Realty, can help you through the process so that you can get more for your home.