Thinking Of Selling Your Long Island Area House Yourself Or Going With A Limited Service Agent?
In the current market, smart homeowners look at all of their options to sell a house in New York. Dive in below to learn the differences when you hire Clear Coast Realty, selling for a quick cash sale to a cash buyer, trying to sell yourself for sale by owner (FSBO), or going with an iBuyer to see which option will actually help you best reach your goals.
Time to Sell
Selling with 
Less than the local average Days On Market. Our goal is to get you the best sales price and get you to the closing table as quickly as possible.
Discount Realtor
Depends on the level of package selected and the experience of the assigned agent.
For Sale By Owner
Depends on your ability and the time you have to negotiate.
Cash Buyer
Can be fast but at a heavily discounted price.
Typical Sales Price
Selling with
Our goal is to get you the Listing Price or more with the sale of your home. Our team is fully trained to negotiate for you.
Discount Realtor
Depends on the experience of the assigned agent. Most discount realtors are new to the industry so negotiation experience could be limited.
For Sale By Owner
On average, homes sell for 26% LESS than Agent assisted home sales.
Cash Buyer
Typically below market value.
Marketing
Selling with
We go beyond just putting your property on the MLS. We bring maximum exposure to your property with our in-house digital marketing experts.
Discount Realtor
Limited
For Sale By Owner
Depends on your ability to market. At the end of the day, to get the best, most qualified buyer you have to bring as much visibility to the property as possible. This type of marketing can be expensive, time-consuming, and overwhelming.
Cash Buyer
No marketing; you’re selling directly to them.
Work done by THEM
Selling with
Working with options other than a fully trained staff of experienced agents can be risky. Going with “cheaper” options can cost you more money and a lot of stress.
Discount Realtor
Less hands-on service and support throughout your sale.
For Sale By Owner
None
Cash Buyer
None
Work done by YOU
Selling with
None. We take care of it so you don’t have to!
Discount Realtor
Varies. Discount realtors/brokers offer many different packages. The less expensive they are, the more you have to take on.
For Sale By Owner
You’re responsible for all the work from start to finish.
Cash Buyer
None
Commissions/Fees
Selling with
No fees or commissions on short sales, they are paid by the bank at closing.
Discount Realtor
Flat fee or 2%
For Sale By Owner
Most people want to sell their property FSBO to avoid fees and commissions, but you still are responsible for all closing costs.
Cash Buyer
0%
Legal Advice
Selling with
A house sale is a legal transaction so have the best backing you up. We handle this 100% for you.
Discount Realtor
Typically handled by the assigned realtor.
For Sale By Owner
You’re legally responsible for the entire process, including making sure title work is done, all taxes are paid by each party, etc. You will need to consult with an experienced closing attorney or title company to make sure nothing is left undone.
Cash Buyer
None. You’re selling directly to the iBuyer.
Closing Costs
Selling with
Covered by bank and buyer at closing, you do not have to pay anything on a short sale.
Discount Realtor
Typically 3%
For Sale By Owner
Typically 3%
Cash Buyer
Typically 1%
Time to Close
Selling with
We push for the fastest closing and terms.
Discount Realtor
Typically dependent on the negotiation experience of the assigned agent.
For Sale By Owner
FSBO transactions can be faster but only if the buyer and owner already know each other.
Cash Buyer
7 days to 60 days
At the end of the day, we always advise our clients to put a value on the time and energy that it will take to sell a local Long Island house themselves. If it takes you 30 hours of your time (at minimum) and you value your time, that alone is thousands of dollars in real value. When you read up on the research showing how a full-service agent who is experienced in the local real estate market can help sell your house on average 20 days faster and for 13% more, it’s no wonder why so many home sellers turn to a local real estate broker like Clear Coast Realty to help them sell their homes.
Even if you’re stuck in a difficult situation that other realtors and investors won’t touch, give us a call today. We have a solution to help you sell your home on a schedule that works for you.
Ready to get started? Fill out the form below, give us a call at 631-759-5424, or connect with us on our Contact Page.
Less Hassle + More Money In Your Pocket
When selling a New York house or property, you should consider these 3 important factors:
- The true costs: Homeowners may look at an agent’s commission as a necessary evil to sell a house, but when you partner with the right Long Island real estate agents you’ll have an expert in your corner every step of the process. We have worked with hundreds of sellers in the last few years and know what it takes to properly list, market and sell a house for top dollar. If a property takes too long to sell, a buyer backs out at the last minute, you misstep because of a mistake in the contract… all of those things add up to the true cost of selling a New York house.
- Your time commitment: Do you want to be (and have the time to be) heavily involved in all aspects of your home’s sale? From marketing online to showing the house to strangers, purchasing and posting signs, setting up the escrow, and more, all so you can save 2 to 3% on the sale. When you calculate what your time and energy are worth, it becomes obvious where you should best focus your time. If you’d rather not hassle with the details of your house sale, work with a trusted agent like Clear Coast Realty.
- The “experience factor”: There are hang-ups that can throw your closing off or cost you thousands of dollars and hours of time. We help you avoid the pitfalls or we deal with them for you.
Ready To Get The Process Started With Clear Coast Realty? Give Us A Call At 631-759-5424 Or Get A FREE Home Valuation Report!
Sources:
* 2014 Profile of Home Buyers and Sellers, National Association of REALTORS®)
** Both the Northwestern and the Stanford studies mentioned in the Money section confirm just that: “The use of a broker does lead to an accelerated sale. In that respect, brokers appear to add value,” the Stanford researchers declared. The Northwestern study found that it takes on average 20 days longer to sell a house on a FSBO site versus the MLS or an agent.