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
Thursday, April 2, 2009
Wednesday, March 25, 2009
Attention Home Buyer’s Why Are You Paying For A Service You Aren't Getting??
Attention Home Buyer’s
Why Are You Paying For A Service You Aren’t 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
Why Are You Paying For A Service You Aren’t 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
Thursday, March 19, 2009
Mortgage Rates drop to the lowest they have been in 50 Years
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.
Monday, March 2, 2009
Plainview, NY House Closings For February 2009
Plainview houses that closed for the month of February 2009
Address / type/ sale price
1) 18 Agatha Dr. Split, $422,000
2) 6 Milben Ct. Hi Ranch, $469,000
3) 4 Debra Dr. Split, $480,000
4) 68 Glenwood Rd. Split, $635,000
Address / type/ sale price
1) 18 Agatha Dr. Split, $422,000
2) 6 Milben Ct. Hi Ranch, $469,000
3) 4 Debra Dr. Split, $480,000
4) 68 Glenwood Rd. Split, $635,000
Tuesday, February 3, 2009
How To Determine The Price Of Your Home
Why is it that some homes sit on the market for a year while others sell like hot cakes? Frustrated sellers will blame a bad market, while a good real estate professional will tell you that many times, a slow sale is often attributed to the listing price.
If a home is overpriced, buyers will stay away. But, if the price is competitive with similar homes in the area and “shows” better than the competition, it will have a better chance of being sold quickly.
The secret is perfecting a technique that’s as American as apple pie: comparative shopping.
Although comparing houses with different styles, square-footages and locations is challenging, real estate professionals still feel it’s one of the best methods to use when determining a home’s market value.
A responsible real estate agent will effectively evaluate a home’s worth through a process known as Comparative Marketing Analysis (CMA). Taking a look at assets, such as a swimming pool, bigger than normal living spaces, a fantastic view, adjacent city parks and other attractions, the agent will begin to compare your home with similar properties, called “comparables,” that have sold in the area within the last six months. Typically, the agent is able to recommend a realistic price range that will ensure you top dollar and a reasonably
However, factors such as the amount of time needed to sell your home can alter the agent’s price recommendation dramatically.
Typically, people should check with real estate offices in the community to determine the typical duration that listings are on the market. Sales associates will explain that the marketing “norms” vary with prices and properties. Based on this criteria, the agent feels confident that he or she will be able to sell it for a price that both you and the buyer will be happy with. However, if you’re under time constraints because of unexpected job changes or moving agreements you’ve made on another property, this will narrow your chances of selling the home for top dollar in the market.
Assuming you have sufficient time to market the home, here are a few small steps you and your agent can take to finding the right price for your property.
The best comparisons can be made with similar homes that have been sold within the last 45 days as opposed to the standard six months. Any longer and other factors, such as the economy, could cloud your view of how much your home is really worth.
Another good benchmark is to review the selling prices of homes that have just been sold and are pending closes. Most MLS services provide information on deals pending that most real estate agents should be able to shore with you.
A good rule of thumb before setting a price is to make 20 comparisons of comparable properties within a one-mile radius of your house. Once completed you can feel comfortable that the price you’ve picked is a good gauge of the home’s worth and won’t discourage qualified buyers.
Being open and honest about what you see as the home’s greatest strengths and biggest weaknesses will also help an agent get a better feel for how to best evaluate (or assess) and market your home. Think of your home as if you were the buyer. If your home is listed at the right price, you’re well on your way to a speedy and fruitful sale.
If a home is overpriced, buyers will stay away. But, if the price is competitive with similar homes in the area and “shows” better than the competition, it will have a better chance of being sold quickly.
The secret is perfecting a technique that’s as American as apple pie: comparative shopping.
Although comparing houses with different styles, square-footages and locations is challenging, real estate professionals still feel it’s one of the best methods to use when determining a home’s market value.
A responsible real estate agent will effectively evaluate a home’s worth through a process known as Comparative Marketing Analysis (CMA). Taking a look at assets, such as a swimming pool, bigger than normal living spaces, a fantastic view, adjacent city parks and other attractions, the agent will begin to compare your home with similar properties, called “comparables,” that have sold in the area within the last six months. Typically, the agent is able to recommend a realistic price range that will ensure you top dollar and a reasonably
However, factors such as the amount of time needed to sell your home can alter the agent’s price recommendation dramatically.
Typically, people should check with real estate offices in the community to determine the typical duration that listings are on the market. Sales associates will explain that the marketing “norms” vary with prices and properties. Based on this criteria, the agent feels confident that he or she will be able to sell it for a price that both you and the buyer will be happy with. However, if you’re under time constraints because of unexpected job changes or moving agreements you’ve made on another property, this will narrow your chances of selling the home for top dollar in the market.
Assuming you have sufficient time to market the home, here are a few small steps you and your agent can take to finding the right price for your property.
The best comparisons can be made with similar homes that have been sold within the last 45 days as opposed to the standard six months. Any longer and other factors, such as the economy, could cloud your view of how much your home is really worth.
Another good benchmark is to review the selling prices of homes that have just been sold and are pending closes. Most MLS services provide information on deals pending that most real estate agents should be able to shore with you.
A good rule of thumb before setting a price is to make 20 comparisons of comparable properties within a one-mile radius of your house. Once completed you can feel comfortable that the price you’ve picked is a good gauge of the home’s worth and won’t discourage qualified buyers.
Being open and honest about what you see as the home’s greatest strengths and biggest weaknesses will also help an agent get a better feel for how to best evaluate (or assess) and market your home. Think of your home as if you were the buyer. If your home is listed at the right price, you’re well on your way to a speedy and fruitful sale.
Home Sales For Plainview January 2009
Address Style Colsing Price
- 53 Nassau Ave, Cape, $286,140
- 60 Jamaica Ave, Exp Cape, $300,000
- 88 Jamaica Ave, Split, $330,000
- 8 Jano Pl, Hi Ranch, $ 385,000
- 68 Jamaica Ave, Split, $ 380,000
- 105 Knickerbocker Rd, Ranch, 420,000
- 48 Sunrise St, Cape, $416,500
- 10 Gates Ave, Split, $427,300
- 26 E Cedar Dr, Exp Cape, $440,000
- 14 Virgina Ave, Colonial, $440,000
- 23 Opal Dr, Split, $534,000
- 66 Joyce Rd, Split, $640,000
- 25 Southwick Ct, Ranch, $682,000
- 16 Ruth Pl, Colonial, $820,000
Saturday, January 24, 2009
Face Book I Need To Sell/Buy my House Real Estate Tips and Discussion Group
Just started a new Face Book group to help everyone that wants their real estate questions answered. Post a question, make a comment, or just check it out.
"I Need sell/Buy a House, Real Estate Tips and Discussion Group. http://www.facebook.com/group.php?gid=51202751850
Log onto Face Book for more info
Mark Schreier
Licensed Realtor
(516)263-9094
"I Need sell/Buy a House, Real Estate Tips and Discussion Group. http://www.facebook.com/group.php?gid=51202751850
Log onto Face Book for more info
Mark Schreier
Licensed Realtor
(516)263-9094
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