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Selling your property
As the world's cultural and
financial epicenter, New York City is a top destination for
students and financiers alike. Consequently, real estate in
NYC is highly desirable as well as scarce. Despite the aforementioned pluses, there are other factors that can make selling more complicated than it might be elsewhere. The main factor is that Manhattan does not have a Multiple Listing Service, which is a general database that lists all available properties in a given area. Brokers use this database to find properties for the customers who call on their advertisements regardless of what they were originally calling on. Why is this important to you? First, agents cannot share their listings unless one agent has an exclusive. Exclusive is really a misnomer. It should be called an inclusive, because it's what makes it possible to include all potential buyers in the marketing of your property. Secondly, most sellers cannot spend the time nor do they have the experience or resources to market their property properly. In Manhattan real estate, maximum exposure = maximum price. Thirdly, even if you can market your property on your own, brokers generally will not bring their customers to your property since there is no guarantee they will be paid. This reduces the pool of potential buyers significantly, reducing the likelihood that you will receive the best possible price for your property. So you may now wonder why you should choose the Moss Real Estate Group? 10 Inexpensive Tips for a Fast and Profitable Sale |
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