All Forum Posts by: Da Zhang

@Abel Curiel Hi Abel, thank you for your reply. Now given parts of Queens and Bklyn back under restriction, it seems to make sense to wait for the restriction to lift before making any downward price adjustment, would you agree? My property happens to be in an orange zone and it seems to make no sense to drop the price now if nobody is coming out to see the property due to the fear of COVID. Jackson Height happens to be in the yellow zone. Do you experience a pause on the activities there too?

Hi, what is the velocity people are seeing for for-sale apartment in NYC? Pretty slow? I'm not surprised given people are fleeing the city. Mine is in Queens, a 2B1B, on market for 6 weeks and still no offer. It's priced about the middle and the condition is very good. Wondering if people have any tips for selling under the current circumstances.

@Mike D. @Steve Vaughan You guys still did the showings yourself, right? So you have to be physically in the area?

@Mike D. Thank you. Good advice.

Hi all, this is my first question on this forum, hoping I could get some insights into FSBO. I'm planning on selling my CO-OP apartment in Queens NY. I did some research and it seems the seller broker+buyer broker fee together will be 5%, and if no co-broking, the seller broker fee alone is 4%. This could be around $25K for me. I am thinking about doing a FSBO. I know there are a lot of websites where I can post my home, like Zillow, Craigslist, FB Marketplace, etc. I can do a nice video showing my place and post it. I even read in one of the previous discussions that there is a way to obtain numbers from all renters in my area code and send them a short voice recording at a reasonable fee, although I'm not sure how to do it. I can find a title company or attorney to help with the closing.

The caveat is I might not stay around and show my place to people for a few months if the apartment doesn't sell right away. I might be able to stay for two weeks, do some showing, then I have to be somewhere else.

Also I know I need to deal with the co-op board package, which can be a hassle.

Do people in this forum have experience dealing with a FSBO when the owner is not always available?

Or do people have other suggestions for FSBO? Or do you think it's a bad idea and will end up costing me more time/money/effort then just letting a broker handle it?

Thanks y'all in advance!

@Mike D. Hi Mike, if I offer a seller's commission to the realtor who brings me the buyer, wouldn't that be a dual-agency situation where I need to pay the realtor both the seller and buyer's broker fee?

Also how do I put it on the MLS?

Thanks to everyone for the response. So it seems FSBO is not recommended in my situation. Although I did notice everyone here is a realtor ;} But still, thank you very much.

Hi all, this is my first question on this forum, hoping I could get some insights into FSBO. I'm planning on selling my CO-OP apartment in Queens NY. I did some research and it seems the seller broker+buyer broker fee together will be 5%, and if no co-broking, the seller broker fee alone is 4%. This could be around $25K for me. I am thinking about doing a FSBO. I know there are a lot of websites where I can post my home, like Zillow, Craiglist, FB Marketplace, etc. I can do a nice video showing my place and post it. I even read in one of the previous discussions that there is a way to obtain numbers from all renters in my area code and send them a short voice recording at a reasonable fee, although I'm not sure how to do it. I can find a title company or attorney to help with the closing.

The caveat is I might not stay around and show my place to people for a few months if the apartment doesn't sell right away. I might be able to stay for two weeks, do some showing, then I have to be somewhere else. 

Do people in this forum have experience dealing with a FSBO when the owner is not always available?

Or do people have other suggestions for FSBO? Or do you think it's a bad idea and will end up costing me more time/money/effort then just letting a broker handle it?

Thanks y'all in advance!