All Houses that sold in Plainview, New York for The Month ending March 2009
711 S Oyster Bay $260,000 Colonial
51 Burton Ave $399,000 Split
2 Vera Ave $428,000 Exp Ranch
19 Stauber Dr $450,000 Split
11 Birch Dr $470,000 Hi Ranch
75 Mitchell Ave $514,500 Split
39 Winthrop Rd $640,000 Split
10 S Oaks Blvd $625,000 Split
For More Infor Contact Mark Schreier, LSA
Attention Home Buyer's
Why Are You Paying For A Service You Are Not Getting??
What are the benefits of the buyer broker agreement?
As Realtors our first responsibility is to represent the best interest of our client. With this in mind it is very important that all home buyers understand who the agent is contracted with. When an agent has a contract with the seller of a house they are considered to be a listing agent. That agent has a legal obligation to market and sell that house for the best terms and (highest) price possible.
When this listing agent sets his commission with the seller he figures in a certain percentage to offer any agent who brings a buyer for that property.
When a potential buyer makes an offer directly to the listing agent or any other agent that he doesn't have a buyer brokerage agreement with. They end up paying a commission for a service they are not receiving.
The service is already paid for by the commission the seller agreed to pay at the time of the listing.
Why not even the playing field by having a Realtor look out for your best interest!
When you contract with a Realtor to be your buyer broker you have just hired a professional to help you with all phases of the transaction. For example: dealing with attorneys, appraisers, home inspectors, mortgage bankers, and other agents. They will aid in negotiation, do research and analyze market data.
If only I new this when I purchased my home.
For more information on this topic click the following link:
http://www.markschreier.com/video.html
The feds lowered interest rates again to the lowest they have been since world war two. This combined with already reduced housing prices and an $8,000 1st time home buyer tax credit make it a great time to get out there and buy that house you have been waiting for. I have designed a one stop real estate information website to help you start your search http://www.MarkSchreier.com/ Check the current mortgage rates, watch free educational video's on all real estate related topics, and sign up for your very own FREE Listing book account. Listing book lets you search the MLS like a broker. Best of all I am only a shout away, if you have any questions or concerns.
Here is a list of the houses that closed for the month of February 2009
Address/Type/Selling Price
I would like to share an interesting sales experience I had in the Long Island, NY real estate market. I decided to market my listings to reflect the slow conditions we have been experiencing here in Long Island. I had two back to back listings sell in less than 14 days for far more than their asking prices. This first listing was an out of area property I received from a referral. The funny part was during the process I had local agents calling me and asking what the blank am I doing. They were telling my client that their agent (me) was short changing him by making the selling price way off the mark. (Note the average DOM for listing out there is over 120 days.) On the other side of the coin within an hour after the listings went live my cell phone started to ring. The homeowner alerted me that his house was getting a lot of traffic. Agents were knocking on the door and asking to see the house. I allowed a few agents to view/show the property that afternoon and the rest had to wait for the open house. When I arrived Sunday morning to set up the open house there were people and agents waiting for an early preview. I called my office and requested that they send me help because this was going to be a traffic jam. At 1pm the start of the open house I had a line 10-15 deep waiting at the front door and had to do traffic control to keep it going smoothly. I had a buyer's agent phone in an offer before the open house after viewing it the previous day. Her client drove by and witnessed the activity and increased her offer twice before the day was done. At the end of the day about 50 people viewed the house and I had two offers written at the kitchen table. The house eventually sold for $56,000 above asking price and had seven other strong offers as back up in case this fell through. The agents that were telling my client that I listed the house to low were presenting offers way below the asking price. I was working with the home owner for many weeks to make the open house go as smoothly as it did. My client was great in that he followed my advice to make it work. He painted, removed wall paper and carpet, cleaned and cleaned. Yes we had a picture perfect open house. The second house was a local listing that sold in a similar manner same marketing, great clients. By that time I had my running shows on. These experiences gave birth to my specialty www.HardToSellHouses.com With creative marketing any house will sell. I have limited my markets to Plainview, Old-Bethpage and the surrounding communities on Long Island. My listings require more time so I like to keep them close to home and never take on more than I can service.
As a New York State licensed sales agent and teacher I believe in empowering my clients to make the most educated decisions they can. Educated decisions = less stress, and more $$$ for you.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
