For many New York buyers, especially first time home buyers, a sale is dependent on one major thing: the ticket price. The listed value of the home is very important when it comes to buying the home, but there are other alternatives to negotiate your way into the house of your dreams without changing the listing price.
If you’re new to the expired listings real estate market in Brooklyn, there’s a few things you should know. It is one of the most competitive markets in the nation, so you need to be on your A game. If you’re a homeowner who’s working with a realtor who hasn’t been able to sell your home, it’s time to look for a new one. Brooklyn realtors who are selling expired listings in New York need to have these 4 qualities:
Bathrooms are so important to home buyers. People are always obsessing over whether the home has the correct number of bathrooms and whether or not the space is up to par. If your client is struggling to sell their expired listing due to the current state of the bathrooms, there are ways to help them. Bathroom renovations don’t need to cost an arm or leg, but it’s more important to make sure you get the most return on your investment (ROI).
Bathrooms are one of the main selling points of a property. Point blank, they’re make or break. In order to make sure the bathrooms win over your buyers in your expired listings, here’s some organizational golden rules to follow:
When a listing becomes expired, it’s of the utmost importance to generate more buzz around the home. One way to do this is to host an open house! Many Manhattan and Brooklyn buyers are interested in viewing properties so this is a great way to get many people inside the threshold and hopefully receive offers or interested parties.
Homeowners sign a contract with realtors hoping their home will sell immediately; however, there’s no guarantee that someone will buy the property. Ultimately, it’s a huge letdown when their home is on the market for months and eventually becomes an expired listing. Majority of the time a property will become an expired listing for two reasons: poor marketing and poor pricing.
There’s a strong possibility a listing has expired in the Brooklyn or Manhattan region because it needs some TLC. Some realtors may walk at the thought of having to market a fixer upper, but it’s not more difficult to sell than any other listing as long as the correct market is targeted.
When searching New York for expired listings leads, make sure to not jump at the first opportunity. The goal is to sell houses, yet you don’t want to get stuck with a listing full of problems that have buyers walking out the door without a second thought. These are three issues to steer clear of when looking at expired listings:
New York kitchen renovations don’t always have to cost an arm and a leg. If you’re looking to freshen up your expired listing’s kitchen to make it more desirable, consider these budget friendly options:
You’ve won over the expired listing leads and now it’s time to get serious about getting it sold. Pricing the home right is crucial in this situation. In order to set your Brooklyn and Manhattan clients up for success, consider these factors when pricing:
