Do I Need to Be Physically Present for a Final Walkthrough?
Chris at Hauseit (https://www.hauseit.com) goes over whether home sellers and landlords need to be physically present for the final walk-through when the tenant moves out or before the sale closing. Can this be done remotely?
Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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No, there is no need for you to be physically present for a final walkthrough inspection, especially if you have a competent real estate agent working for you.
You can simply instruct your real estate agent to thoroughly document the condition of the property, or even do a video call with you during the walkthrough. However, given potential connectivity issues, it's usually a better idea to simply have your real estate agent take many photos and videos, and upload them later into a cloud storage folder for you to review.
A good real estate agent will act as if your property is their property, and meticulously document any potential damage.
Remember, delegation is key in life! If you're traveling or you've moved out of state, there's no need for you to rush back to personally attend to a final walkthrough inspection.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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Do Appliances Need to Be in Working Order When I Sell a Property in New York?
Chris at Hauseit (https://www.hauseit.com) goes over whether appliances need to be in working order at closing, typically verified via the final walk-through inspection done right before closing. What does the contract say? Are carve-outs possible for certain appliances that are known by both parties to not be in working condition?
Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Yes, the standard purchase contract has language stating that appliances should be in working order at closing. This is verified by the buyer and real estate agents right before closing at the final walkthrough, typically done the day of or the day before closing.
With that said, everything is negotiable, and it's possible for the parties to agree to carve-out certain appliances that are known to be non-functional if that is the deal. For example, if both parties know that the microwave isn't working, and the seller doesn't agree to fix it before closing, or if the seller agrees to a credit, then both parties can agree to add a carve-out typically in the contract rider that states that the microwave will be delivered as is, i.e. non-functional.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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What Are the Risks of Being a Landlord in NYC?
Nick at Hauseit (https://www.hauseit.com) introduces a handful of the risks associated with being a landlord in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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The first risk is that your tenant will not pay you rent, and it is very hard in NYS and NYC to evict a tenant. It can take a year or sometimes two years, and it can cost you tens of thousands of dollars.
The second risk of being a landlord is that your tenant will not allow you to enter the property. This becomes a huge problem if you are trying to find a new tenant, and it will ultimately cost you some period of vacancy.
The third risk of being a landlord in New York City is that you are subject to an ever-increasing number of rules and restrictions. For example, notice periods for non-renewals and notice periods for raising rent above a certain threshold. It gets quite tiring to keep up with all the new laws that are being passed, and therefore the risk is largely on the shoulders of landlords in NYC as opposed to tenants. But who doesn't want to own one or two or three NYC apartments?
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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The Purchaser's Contract Rider vs The Seller's Contract Rider in New York
Chris at Hauseit (https://www.hauseit.com) goes over the difference between the buyer's contract rider vs the seller's contract rider in a New York real estate transaction.
Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Typically in a real estate transaction in New York, the seller has a rider that follows the standard NY BAR Association contract, and the purchaser has a rider that follows. Note that the buyer's contract rider comes last, and as a result will state that in the event of any conflicts, the buyer's rider will supersede.
This is important to note, because if you have something favorable to you as the seller in the contract itself, or your seller's rider, it may be overridden by what's written in the purchaser's contract rider.
What usually happens is the seller's attorney will send a draft of the purchase contract, perhaps with some boiler plate terms that are inapplicable crossed out, along with a custom seller's rider. This will be negotiated, and the buyer's attorney will send back comments along with the buyer's contract rider, and this will also be negotiated. When both sides are happy, or have come to a compromise, then the final draft is sent around to all parties for signature.
Pro Tip: As long as both parties agree, pages can actually be swapped out after the signatures have been procured asynchronously if edits need to be made.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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Can You Close on a New York Property Remotely?
Chris at Hauseit (https://www.hauseit.com) goes over whether home buyers and sellers can close on a property sale remotely in New York. It's clear you can e-sign the purchase contract and many documents, but are there any documents that require in-person or wet ink signatures? Are there any closing documents that require the presence of a notary?
Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Yes, it's entirely possible to close on a New York property remotely. First, it's easy and legal to e-sign the purchase contract remotely, whether you're a buyer or a seller. You can be on vacation out of the city, state or country and still sign a contract. In fact, electronic signatures are valid in all 50 states.
However, as a buyer you may wish to stick around because you may want to personally attend the home inspection if you choose to get one, or you may simply wish to see the property again before signing a contract, or after the contract but during the inspection period in Florida.
Additionally, buyers and sellers should make sure that anything that does need to be physically signed or notarized be attended to prior to leaving for vacation out of the country. This includes a Power of Attorney if you don't plan on being able to make it to closing in-person, or if a remote notary closing isn't feasible while on vacation. You may also need to notarize certain documents in a condo or co-op's purchase application. So please make sure to get all of this done prior to departing the country.
In short, with careful planning, it's certainly possible to close on a home sale located in New York while you are traveling even out of the country. All it takes is some diligence in making sure you physically sign and notarize and documents where that is required, and you mail those to the appropriate parties and make sure they receive them prior to departing the country. You may also want to mail your keys to your real estate agent or attorney prior to leaving the country on vacation.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitflorida #floridarealestate #floridahomebuyer #miamidaderealestate #southfloridarealestateagent #howtobuyinflorida #hauseitbuyerclosingcredit #hauseitfl #hauseitrealestate #floridarealestateagent #browardcountyrealestate #earnestmoney #contractdeposit #realestatecontracts
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An Introduction to Adam Turk, NYC Real Estate Attorney & Partner at Fentin Goldman Turk & Davidoff
Hi, My name is Adam Turk, I am a lifelong New Yorker. I was born in Brooklyn then took a detour to grow up on Long Island where I lost my Brooklyn accent. I am a partner in the law firm of Fentin Goldman Turk & Davidoff. We have offices in NYC and Westchester. We are a Transactional real estate firm. We represent buyers, sellers and lenders on various types of real estate transactions. Nothing is too big, nothing is too small, nothing is too complicated. If it can be closed, we can close it.
Our firm is in a unique position representing not only buyers and seller but lenders as well. we have a full view of the marketplace from all perspectives. We have closed transactions in many of the buildings in NYC.
We represent all types of clients including buyers and sellers of condos, coops, townhomes, single family homes, foreign buyers and sellers, buyers of new construction units and homes as well as commercial properties. We are industry leaders in completing a Purchase CEMA’s.
Hiring a transactional real estate attorney is unlike hiring other types of attorneys. When you think of hiring an attorney you think I have a problem I am about to get into a fight with someone else and I need to win while the other side loses. Transactional estate isn’t like that. It is one of the few types of law where both sides get to win. You want to buy or sell and the other side wants to buy or sell both sides can get what they want. My job as your attorney is to protect your interests, make sure the deal is the same one agreed upon.
It is important for a transactional real estate attorney to have a non-combative mindset. The goal is to help you achieve your goals not beat the other side up. This is a nuance some attorneys especially those who don’t practice transactional real estate exclusively don’t have.
When you hire me and my firm you get me. I have what I think is the best staff in the business. Their job however is to support me not do my job for me. I will be your point of contact throughout the transaction. I will be explaining the due diligence. I will be at the closing walking you through the documents.
From the moment I was involved with my first big deal, I absolutely fell in love with New York City real estate. I am what most people refer to as a real estate nerd. I just happen to be a lawyer. I enjoy pouring through financials and offering plans and especially reading board minutes. They are better than any soap opera on television. After the closing we can go have a drink, and I can tell you some stories.
In terms of fees for purchase and sale transactions, we charge a flat fee. That fee is given to you before the process starts. There will not be any surprises at the closing table. I don’t charge for emails, phone calls etc, the process of buying NY real estate is not common sense. You may have many questions. You are being asked to write some large checks you deserve answers. I will have all of those answers for you. You may not always like my answers, but I will always be honest with you. I never want a client to feel as if they don’t want to call or email me because it will be an extra charge.
I have been practicing long enough to know that I haven’t seen it all, nobody has, I do know I am prepared to handle whatever comes my way.
I am lucky in that I have had many repeat clients, from the purchase of their first apartment, to their next apartment as new couple. To the larger apartment when their new child not longer live out of their hallway and for many their home in the suburbs.
I treat my clients and their transactions as if I was in their shoes. I ask myself what information would I want to know? What questions have they not asked that they should? Have they been explained the process?
If given the opportunity it would be a pleasure to represent and work with you on your transaction. Please do not hessite to reach out to me at aturk@fentingoldman.com or (212) 265-4900.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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20
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Can You Sign a Contract on a Property Remotely?
Chris at Hauseit (https://www.hauseit.com) goes over whether home buyers and sellers can sign a contract on a property sale remotely. Do you need to sign in-person and/or notarize your typical real estate purchase contract? Are wet ink, original signatures necessary for purchase contracts?
Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Yes, it's entirely possible to e-sign a purchase contract remotely, whether you're a buyer or a seller. You can be on vacation out of the city, state or country and still sign a contract. In fact, electronic signatures are valid in all 50 states.
With that said, as a buyer you may wish to stick around because you may want to personally attend the home inspection if you choose to get one, or you may simply wish to see the property again before signing a contract, or after the contract but during the inspection period in Florida.
Furthermore, buyers and sellers should make sure that anything that does need to be physically signed or notarized be attended to prior to leaving for vacation out of the country. This includes a Power of Attorney if you don't plan on being able to make it to closing in-person, or if a remote notary closing isn't feasible while on vacation. You may also need to notarize certain documents in a condo or co-op's purchase application. So please make sure to get all of this done prior to departing the country.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
_
#hauseit #hauseitflorida #floridarealestate #floridahomebuyer #miamidaderealestate #southfloridarealestateagent #howtobuyinflorida #hauseitbuyerclosingcredit #hauseitfl #hauseitrealestate #floridarealestateagent #browardcountyrealestate #earnestmoney #contractdeposit #realestatecontracts
18
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Do NYC Condos Have Subletting Restrictions?
Nick at Hauseit (https://www.hauseit.com) reveals whether condo buildings in NYC have subletting restrictions. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Subletting restrictions for NYC condos varies by building. Some condo buildings may enforce a minimum 30-day term for any lease in order to deter people from engaging in Airbnb type activity.
In rare instances a condo may stipulate a minimum one year term, but this is much less common. Many buildings don't like Airbnb, and if they don't like it they will put some sort of rule in place to discourage you from doing Airbnb.
In general, if you have a condo in NYC you are essentially free to rent it out as long as you follow the procedure outlined in the bylaws with respect to seeking the waiver of the right of first refusal: https://www.hauseit.com/how-does-a-right-of-first-refusal-work-nyc/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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10
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How To Find a Rent Stabilized Apartment in NYC
Nick at Hauseit (https://www.hauseit.com) explains the process for finding a rent stabilized apartment in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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NYC Rent Stabilized Apartments FAQ: https://www.hauseit.com/rent-stabilized-apartment-nyc-real-estate/
The first thing you want to do is go ahead and type in “rent stabilized” in the advanced search filter on any rental website. This should come up with a few results, but otherwise what you can do is you can actually find a list of rent stabilized buildings maintained by the city and you can actually cross-reference this with available listings online.
There are certain neighborhoods which simply have a greater number of rent stabilized units, so you may want to direct your efforts to an appropriate neighborhood to increase your odds. For example, Inwood or Washington Heights in Upper Manhattan.
Even if you do find a listing in a rent stabilized building, it doesn't necessarily mean that unit is subject to rent stabilization. This is because prior to 2019 it was possible for rent stabilized units to be deregulated if rents exceeded a certain threshold or if rents exceeded the threshold and the tenant's income exceeded a certain threshold as well.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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How to Upload a Single Family House Sale Listing to the Miami MLS
In this Hauseit® (https://www.hauseit.com) tutorial video for real estate agents in South Florida, we'll explain how to upload a new single-family house for sale listing into the Miami MLS (also known as the Southeast Florida MLS).
Real estate agents in South Florida can use Matrix to access the Miami MLS and upload listings, edit listings and so on. Matrix is a software used by many MLS systems across the country to provide MLS listings search, upload and syndication tools to their member agents.
You'll find that it's quite easy to upload a new single-family house sale listing into the Miami MLS, and that it takes only a few minutes to do!
Hauseit® is the only brokerage firm that offers both buyer and seller leads and referrals through our proprietary lead generation platform.
Learn more and join us: https://www.hauseit.com/careers-florida/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit®. Available in NYC, Long Island, the Hudson Valley and South Florida. Visit https://www.hauseit.com, send us an email to team@hauseit.com or give us a call at (888) 494-8258 to learn more. Established 2014.
1% Full Service Listing: https://www.hauseit.com/1-percent-full-service/
Rental Listing Service: https://www.hauseit.com/rental-listing-service/
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Save 2% When You Buy: https://www.hauseit.com/buyer-closing-credit/
Save 6% When You Sell: https://www.hauseit.com/agent-assisted-fsbo/
Hauseit Group LLC, Licensed Real Estate Corporation
Tel: (888) 494-8258 | https://www.hauseit.com
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16
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How to Upload a Condo or Townhouse Sale Listing to the Miami MLS
In this Hauseit® (https://www.hauseit.com) tutorial video for real estate agents in South Florida, we'll explain how to upload a new condo, co-op or townhouse for sale listing into the Miami MLS (also known as the Southeast Florida MLS).
Real estate agents in South Florida can use Matrix to access the Miami MLS and upload listings, edit listings and so on. Matrix is a software used by many MLS systems across the country to provide MLS listings search, upload and syndication tools to their member agents.
You'll find that it's quite easy to upload a new sale listing into the Miami MLS, and that it takes only a few minutes to do!
Hauseit® is the only brokerage firm that offers both buyer and seller leads and referrals through our proprietary lead generation platform.
Learn more and join us: https://www.hauseit.com/careers-florida/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit®. Available in NYC, Long Island, the Hudson Valley and South Florida. Visit https://www.hauseit.com, send us an email to team@hauseit.com or give us a call at (888) 494-8258 to learn more. Established 2014.
1% Full Service Listing: https://www.hauseit.com/1-percent-full-service/
Rental Listing Service: https://www.hauseit.com/rental-listing-service/
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Save 2% When You Buy: https://www.hauseit.com/buyer-closing-credit/
Save 6% When You Sell: https://www.hauseit.com/agent-assisted-fsbo/
Hauseit Group LLC, Licensed Real Estate Corporation
Tel: (888) 494-8258 | https://www.hauseit.com
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How to Save Money on Broker Fees When Selling in NYC
Nick at Hauseit (https://www.hauseit.com) reveals how you can save money on broker fees when selling in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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You’ve probably that the norm is 6%, but there are alternatives. One method is what we call Hauseit Agent Assisted FSBO. It’s akin to a Flat Fee MLS Listing. Using this method, you can save up to 6% in broker commission.
Hauseit Agent Assisted FSBO: https://www.hauseit.com/agent-assisted-fsbo/
Another less expensive option is what we call Hauseit 1% Full Service. This is a traditional, full-service listing for a highly discounted commission rate.
Hauseit 1% Full Service: https://www.hauseit.com/1-percent-full-service/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseitagentassistedfsbo #hasueit #fsbonyc #nycrealestatecommissions #brokerfeesnyc #nycrealestategaent #onepercentlistingfee #savesixpercent #nycrealestatebroker #discountrealestatebroker #reducedcommissionbroker #sellingnycrealestate #buyingnycrealestate
What Are the Disadvantages of Living in a Doorman Building In NYC?
Nick at Hauseit (https://www.hauseit.com) discusses the disadvantages of living in a doorman building in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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The obvious disadvantage of living in a doorman building is that somebody will constantly monitor your day-to-day activities: when you come into your apartment, when you leave, who you're coming in with, who you're leaving with, and so forth. Everything is basically being monitored by some third party or a group of individuals. Many buyers don't necessarily like that level of scrutiny.
Another disadvantage of living in a doorman building is the fact that the people who assist you will eventually expect to get paid and tipped at the end of the year. If you don't tip them or if you lowball the tip, they may hold that against you and reduce the level of service they provide to you going forward.
Another risk of a doorman building is that you might just not get along with somebody who works downstairs. There's nothing worse than seeing somebody you don't like every time you go into or leave your NYC apartment!
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #nycrealestate #fullservicebuilding #doorman #fulltimedoorman #nycbuildingamenities #nychomebuyerfaq #nycrealestatefaq #livinginnyc #nyclifestyle #manhattanapartment #brooklynapartment
16
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What Are Anti-Competitive Practices in NYC Real Estate?
Nick at Hauseit (https://www.hauseit.com) shares examples of illegal, anti-competitive practices in the NYC real estate brokerage industry. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Read full blog post: https://www.hauseit.com/anti-competitive-practices-nyc-real-estate/
Anti-competitive practices include any actions taken by an individual agent or brokerages or a group of agents which seeks to keep commission rates artificially high by suppressing or discouraging competition.
Anti-competitive practices also include the failure to disclose all information to consumers, as this lack of transparency may deter or otherwise discourage a consumer from seeking the best possible terms when it comes to commission rates.
What are some obvious examples? If two or three brokerage firms agree that none of them will allow any broker to charge less than say 5.5% commission that is an anti-competitive practice. If a broker or a group of agents refuses to work with discount brokers, that is an anti-competitive practice, and if an agent tells a buyer that buyer agent commission rebates are illegal, that is an anti-competitive practice.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #nycbrokerage #realestatebrokerageindustry #nycrealestateagent #manhattanagent #queensagent #brooklynbroker #realestatecommissions #buyeragentcommission #commissionratesnyc
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Why Are There So Many Bad Real Estate Agents in NYC?
Nick at Hauseit (https://www.hauseit.com) reveals why there are so many bad real estate agents in NYC. Buying, selling or renting in NYC? Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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There are lots of bad real estate agents in NYC because it’s very easy to become an agent. You can literally go online and take a quick course, pass an easy test and just like that you are a Licensed Real Estate Salesperson in New York. This allows you to represent buyers, sellers, landlords and tenants even though you may have no experience and even if you’re potentially incompetent or unfriendly. As a result, be very careful when hiring a real estate agent in NYC. Who you hire needs to be experienced, honest, and most importantly a good person.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #savesixpercent #hauseitagentassistedfsbo #hauseitbuyerclosingcredit #sellingnycrealestate #buyingahomenyc #homebuyernyc #sellingbrooklyn #sellingmyhome #sellingmanhattan #nycrealestate #nyclandlord
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What is the Official Multiple Listing Service (MLS) in Queens?
Nick at Hauseit (https://www.hauseit.com) demystifies the confusion surrounding the Multiple Listing Service in Queens. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Queens Flat Fee MLS Listing: https://www.hauseit.com/agent-assisted-fsbo/
So what is the correct MLS or Multiple Listing Service in Queens? The answer is not as straightforward as we'd like. Unlike other parts of the country where there's one clear dominant MLS per region, here in New York City metro and in Queens there are multiple different MLS systems or what we'll simply call broker databases.
We have the RLS (REBNY Listing Service), which is operated by the Real Estate Board of New York. This database is a little bit more Manhattan-centric. A little bit more of a focus in say Brownstone Brooklyn, but it does overlap into Queens. So you do need to list in the RLS if you’re selling a home in Queens. However, listing in the RLS alone is not adequate for property in Queens this is because there is an additional broker database called the OneKey MLS: https://www.hauseit.com/onekey-mls/
The OneKey MLS was formerly known as the Long Island MLS prior to its merger with the Hudson Valley MLS, so the collective name now is the OneKey MLS. If you're in Queens you do also need to have your property listed in the OneKey MLS.
To recap, you need to be in both the RLS and the OneKey MLS if your property is located in Queens.
If you are considering a Flat Fee MLS Listing, steer clear of any sort of generic or national type of Flat Fee MLS company that don't specify clearly that you'll be put in both the RLS and the OneKey MLS. If you see any sort of landing page that just simply says they’ll list your home in “your local MLS” you should run for the hills because your local MLS to them might be the New York State MLS, which has little to no relevance for properties in Queens.
Here at Hauseit we offer a RLS and OneKey Flat Fee MLS Listing for home sellers in Queens. We call this Hauseit Agent Assisted FSBO: https://www.hauseit.com/agent-assisted-fsbo/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitagentassistedfsbo #hauseitqueens #queensflatfeemls #onekeymls #flatfeemls #discountrealestatebroker #rebnyrls #rls #nycflatfeemls #fsbonyc #savesixpercent #longislandmls #hudsonvalleymls #longislandboardofrealtors #libor #hudsongatewayassociationofrealtors #hgar
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How to Get Free Advice from Brokers in NYC
Nick at Hauseit (https://www.hauseit.com) reveals how you can get free advice from brokers in NYC if you're thinking about selling. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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If you are selling your property in NYC, the easiest way to get free advice is to contact a bunch of agents and ask them for a pricing evaluation of your home. You'll likely get a multitude of different numbers and there are many reasons for this. Some agents are perhaps a bit too optimistic to try to win your business, and other agents might be too conservative.
Obtaining a large sample size of opinions will help guide you in the right direction. In short if you simply tell an agent that you're thinking of selling they'll probably show up at your front door within minutes!
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitagentassistedfsbo #hauseitonepercentfullservice #cma #brokerpricinganalysis #sellingnycrealestate #sellingmanhattan #sellingbrooklyn# sellingqueens #hauseitnyc #nychomesellertips #realestatevaluation #homepricinganalysis #homeappraisal
What Is the Purpose of a REBNY Financial Statement in NYC Real Estate?
Nick at Hauseit (https://www.hauseit.com) explains why home buyers in NYC are often asked to submit a REBNY Financial Statement as part of an offer. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Full Blog Post: https://www.hauseit.com/sample-rebny-financial-statement/
If you’re buying a co-op in NYC, you’ve likely been asked to fill one out a REBNY Financial Statement. This document tells the seller whether you have a sufficient debt-to-income ratio for the building and whether you have a sufficient post-closing liquidity reserve in line with the co-op’s specific requirements.
These are co-op specific requirements, so you are usually only asked to fill out a REBNY Financial Statement if you’re buying a co-op. However, listing agents often request it even for a condo or a townhouse. But in the latter two instances it is much more common to be asked to submit a ‘Submit Offer Form’ along with your offer terms as opposed to a REBNY Financial Statement.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #hauseitbuyerclosingcredit #rebny #rebnyfinancialstatement #submitoffer #buyinginnyc #nycrealestate #nychomebuyertips #nycfirsttimebuyer #homebuyerguidenyc #howtosubmitanoffernyc #manhattanrealestate #nychomeowner
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Why Are Rent Controlled Apartments So Hard to Find in NYC?
Nick at Hauseit (https://www.hauseit.com) reveals why it's practically impossible to find a rent controlled apartment for rent in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Full Blog Post: https://www.hauseit.com/rent-controlled-apartment-nyc-real-estate/
Rent controlled apartments in NYC are hard to find is because they're not making any more of them. There are only 16 000 or so of them left in NYC, and the only way you can get one is if you are a qualifying family member with succession rights of an existing rent-controlled tenant.
If you are looking for a good deal on a rental in NYC, you need to stick to rent stabilized apartments which are still out there. You can find one online and there's also a list that you can cross-reference from the city which has a list of rent stabilized buildings.
Rent stabilized apartments are different from rent-controlled units, but they're all part of the rent regulation program here in NYC. Also check out affordable housing lotteries. These lotteries are for apartments in new buildings where developers are getting tax breaks and in exchange they agree to provide highly advantageous pricing for a handful of rentals in the building.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #rentcontrol #nycrentregulation #rentcontrolledapartmentnyc #rentstabilizedapartment #rentstabilization #nycaffordablehousinglottery #affordablehousing #nycrentalmarket #rentalsearchnyc #nycrentalmarket #nycrentalagent #discountapartmentrentalsnyc #rentinginnyc #buyvsrentnyc
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What Does a NYC Real Estate Agent Do at the Closing?
Nick at Hauseit (https://www.hauseit.com) demystifies the role of agents during a NYC real estate closing. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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NYC real estate agents don’t have any real role or responsibilities during a closing. Prior to COVID-19, NYC real estate agents would literally show up to the closing just to collect their commission check. During and after the pandemic, this has largely transitioned to wiring commission funds and potentially mailing checks to the broker's office.
As in-person closings resume, you may see a broker at the closing, but they really don't do anything. They may mention something that came up at the walk through. Maybe a light bulb was out. But as it relates to solving walkthrough issues, that discussion is exclusively between the attorneys. In conclusion, don't expect to see your real estate agent at the closing of your NYC real estate transaction.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #nycrealestateclosing #buyingnycrealestate #nycrealestateagent #hauseitbuyerclosingcredit #listingagentnyc #realestateagentduties #finalwalkthrough #queensrealestate
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Why Does the Quality of Your Attorney Matter When Selling in NYC?
Nick at Hauseit (https://www.hauseit.com) reveals why the quality of your real estate lawyer is so important when selling in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Your attorney matters because your attorney is the one who will actually take your transaction from an accepted offer which is non-binding to a fully executed binding transaction. If your attorney is slow, you run the risk of the buyer backing out before the deal comes to fruition.
If the attorney is difficult to get along with you, run the risk of your lawyer getting into an argument or otherwise burning the bridge with the attorney on the other side. So really be careful in terms of what attorney you select. Make sure they are competent. Make sure they are responsive. Make sure they are experienced. Most importantly, make sure that they are a nice person.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
_
#hauseit #hauseitnyc #nycrealestatelawyer #realestateattorneynyc #hauseitagentassistedfsbo #sellingnycrealestate #homesellertipsnyc #sellingnycfaq #nycbroker #realestateagent #realestatecontractnegotiation #manhattanrealestate
How to Add, Edit or Remove an Open House in the Miami MLS Using Matrix
In this Hauseit® (https://www.hauseit.com) tutorial video for real estate agents in South Florida, we'll explain how to add, edit and remove an open house in the Miami MLS (also known as the Southeast Florida MLS).
Real estate agents in South Florida can use Matrix to access the Miami MLS and upload listings, edit listings and so on. Matrix is a software used by many MLS systems across the country to provide MLS listings search, upload and syndication tools to their member agents.
You'll find that it's quite easy to add, remove and update your listing's open houses in the Miami MLS, and that it takes only a few minutes to do!
Hauseit® is the only brokerage firm that offers both buyer and seller leads and referrals through our proprietary lead generation platform.
Learn more and join us: https://www.hauseit.com/careers-florida/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit®. Available in NYC, Long Island, the Hudson Valley and South Florida. Visit https://www.hauseit.com, send us an email to team@hauseit.com or give us a call at (888) 494-8258 to learn more. Established 2014.
1% Full Service Listing: https://www.hauseit.com/1-percent-full-service/
Rental Listing Service: https://www.hauseit.com/rental-listing-service/
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Save 2% When You Buy: https://www.hauseit.com/buyer-closing-credit/
Save 6% When You Sell: https://www.hauseit.com/agent-assisted-fsbo/
Hauseit Group LLC, Licensed Real Estate Corporation
Tel: (888) 494-8258 | https://www.hauseit.com
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#hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitre
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How to Change a Listing's Sale Price and Status in Miami MLS
In this Hauseit® (https://www.hauseit.com) tutorial video for real estate agents in South Florida, we'll explain how to update the price and status of a residential sale listing in the Miami MLS (also known as the Southeast Florida MLS).
Real estate agents in South Florida can use Matrix to access the Miami MLS and upload listings, edit listings and so on. Matrix is a software used by many MLS systems across the country to provide MLS listings search, upload and syndication tools to their member agents.
You'll find that it's quite easy to edit your listing's sale price and status in the Miami MLS, and that it takes only a few minutes to do!
Hauseit® is the only brokerage firm that offers both buyer and seller leads and referrals through our proprietary lead generation platform.
Learn more and join us: https://www.hauseit.com/careers-florida/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit®. Available in NYC, Long Island, the Hudson Valley and South Florida. Visit https://www.hauseit.com, send us an email to team@hauseit.com or give us a call at (888) 494-8258 to learn more. Established 2014.
1% Full Service Listing: https://www.hauseit.com/1-percent-full-service/
Rental Listing Service: https://www.hauseit.com/rental-listing-service/
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Save 2% When You Buy: https://www.hauseit.com/buyer-closing-credit/
Save 6% When You Sell: https://www.hauseit.com/agent-assisted-fsbo/
Hauseit Group LLC, Licensed Real Estate Corporation
Tel: (888) 494-8258 | https://www.hauseit.com
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#hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitre
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Why Should You Consider Applying With Two Lenders When Buying In NYC?
Nick at Hauseit (https://www.hauseit.com) reveals why you should consider applying with more than one lender when buying a home in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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When I buy a property, I am in love with the property and I really want to make sure that I get it. If I apply with just one lender, there are a multitude of reasons why that lender might not come through. They might not even get me to the commitment letter stage, or potentially they might give me the commitment letter and they might not actually fund the loan at the closing.
To mitigate the risk of losing the property and potentially your deposit, you really should consider applying with two lenders. There will be a small additional cost to doing this in the form of the extra appraisal, but in terms of the big picture it's really not a lot of money to insure yourself and to make sure you close on your dream home.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitnyc #nycrealestate #newyorkrealestateinvesting #manhattanrealestate #nycrealestateagent #nychomebuyer #nycapartmentsearch #househuntingnyc #hauseitbuyerclosingcredit #buyingahome #nychomebuying101
Can You List on the OneKey MLS Without an Agent?
Nick at Hauseit (https://www.hauseit.com) shares the most cost effective options for getting listed on the OneKey MLS. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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You’re watching this video because you likely understand the value and importance of being on the MLS. Most most buyers are represented, so even if you're a FSBO (meaning you don't want to pay a percentage commission to a listing agent) you still understand the importance of offering some sort of compensation to buyer's agents.
You're unable to do this effectively when listing it on a random public-facing website because it's not going in the MLS, and the MLS provides the member buyer's agents with that contractual assurance that they will in fact be paid the commission if the property closes.
Brokers aren't out there to take the word of a random FSBO seller who they don't know. They need to have commission papered. They need to have that contractual protection and that's what the MLS offers. The OneKey MLS, much like any other MLS in the country, is run by an association that is affiliated with the National Associate of Realtors. You must be a broker or an agent to be a member of the MLS. Therefore, individuals non-agents are not able to join this required association or access the MLS.
You actually cannot list on the OneKey MLS without an agent, but does this mean you have to pay 6% just to get on the MLS? In other words, do you have to hire a full-service listing agent just to get MLS access?
You can simply pay for a Flat Fee MLS Listing. Under this type of arrangement, you're paying a nominal fee and some agent or broker will list your property in the MLS. Here at Hauseit, we do offer a Flat Fee MLS Listing for the OneKey MLS. We call our service Hauseit Agent Assisted FSBO. You can learn more and sign-up here: https://www.hauseit.com/agent-assisted-fsbo/
Unique to Hauseit, we do not require you pay any money upfront. We only collect our small flat fee at closing if and only if you close. If for whatever reason you delist, you cancel you just don't want to move forward, you hire another agent, etc. you would not owe us anything.
Our service is completely free to try, and you can cancel at any time without any sort of penalty or obligation.
At Hauseit, we will list your property in the OneKey MLS which is the appropriate database both for Long Island as well as the Hudson Valley. As part of our service, we will also syndicate your listing to all major real estate websites and the listing will also appear on the websites of the various brokerage firms that receive a data feed from the MLS.
You’ll be getting the same comprehensive exposure that you would have having hired a traditional full service agent but of course only for a flat fee which is payable only if you close. Nor do we charge anything for updating your listing.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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#hauseit #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitre #onekeymls #longislandboardofrealtors #libor #longislandflatfeemls #hudsonvalleyflatfeemls #onekeyflatfeemls #hauseitagentassistedfsbo #multiplelistingservice #nycmultiplelistingservice
41
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