First Stockholders Meeting With Realtor To Sell House In New York
Description
Form popularity
FAQ
Key Takeaways As a potential buyer, learn your financing options or get pre-approved for a mortgage. If you are selling your home, study the market to have a good grasp of the prices of homes in your area. Prepare your home properly for the real estate agent's visit by cleaning and de-cluttering.
A Minority of Agents Are Closing the Majority of Deals This phenomenon aligns perfectly with the 80/20 rule in real estate, which states that roughly 80% of an agent's sales come from just 20% of their efforts.
While you'll want to cover the listing agreement as well as your agent's fees and marketing plan in that first meeting, the house itself likely will be the highlight of your conversation. Rosdail views this time with sellers as an opportunity to advise on decluttering, cleaning up, and making minor repairs.
Before you get into the transational nitty-gritty, start your conversation off on the right foot: Introduce yourself briefly. Explain how you got their information. Ask if now is a good time to chat. Ask what triggered their home buying or selling.
Unlike many states, New York requires sellers to involve a lawyer in the house-selling transaction. (N.Y. Jud. Law § 484), fulfilling the tasks described above.
If you are selling a home in New York state, you will need to hire not only a real estate agent to market and negotiate offers on the property, but also an attorney to prepare the contract of sale and to represent you at the closing.
Tips for a successful first meeting with a buyer Take Mental Notes During the Meeting and Make Transcribing. Set an Agenda. Discuss the Meeting with Relevant Staff. Prepare Questions for the Buyer. Treat the Buyer Like a Friend. Set Up a Virtual Data Room.
Ninety-nine percent of the time, attorneys are present on both sides of a real estate transaction in New York state: the seller's side and the buyer's side. That's because in NYS, all real estate contracts of sale need to drawn up by the principle or their attorney.
In New York, hiring an attorney to handle the closing of a real estate transaction is both highly recommended and legally required. This requirement is in place to properly address the complexity of property sales and to protect the interests of all parties involved.
Make follow-up calls Schedule a courtesy call to check in with clients one week after closing. Ask how your clients are enjoying their home and whether there's anything else you can do to help them out. Follow up again one month month after closing.
