Selling Teresa Alessandro Selling Teresa Alessandro

THE SALES PROCESS

What are the 3 phases of selling your home with Teresa? Below is a simple outline I usually talk through to those looking to list their home and sell it efficiently, stress-free, and for the right price.

Curious about what you're home is worth in this market? Reach out and speak with me personally.

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Buying, Selling Teresa Alessandro Buying, Selling Teresa Alessandro

AMAZON MOVING TO LONG ISLAND CITY - NOW EVERYONE IS REALLY TALKING.

Long Island City has had a lot of buzz surrounding it. Once a brownfield, home of the Pepsi Cola bottling factory, window manufacturers, and let's not forget the Five Pointz Grafiti Mecca, now the neighborhood is going to be home to Amazon Headquarters. From it's HUGE residential rental boom, over 7,000 new units hit the market in 2017, to the reveal of the grandiose plan to transform Sunnyside Yards into a "Hudson Yards of Queens" - the borough is experiencing remarkable rezoning and opportunity.

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Selling Teresa Alessandro Selling Teresa Alessandro

DOES STAGING HELP SELL AN APARTMENT?

Home Staging Statistics:

In 2015 the National Association of Relators conducted a survey on home staging interviewing 2,300 real estate agents. Among other statistics the survey focused on highlighting the benefits of staging and how often real estate agents recommended staging to their clients and finally, who pays for the staging costs.

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Buying, Selling, Co-op Teresa Alessandro Buying, Selling, Co-op Teresa Alessandro

BUYING SELLING WHAT IS A CO-OP?

According to Wikipedia, " A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise".

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Buying, Selling, Renting, Teresa Teresa Alessandro Buying, Selling, Renting, Teresa Teresa Alessandro

CHOOSING THE RIGHT AGENT TO REPRESENT YOU

Did you know there are 35,000 agents licensed to sell real estate in NYC?

Here's How I Make the Difference:

1) I'm backed by ELEGRAN:

We are a collective of young, tech-savvy people, with the entrepreneurial courage to offer a modern approach in an old industry. Through our proprietary platform, Elegran is changing the way sales agents generate and close business.

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Buying, Selling Teresa Alessandro Buying, Selling Teresa Alessandro

HOW WILL THE TAX BILL IMPACT NYC REAL ESTATE?

The U.S. Senate and House of Representatives on Monday began the grueling process of hashing out the disparities between their tax bills — a task that will require reconciling hundreds of billions of dollars in differences.

The two versions of the legislation are a bit of a mixed bag for the real estate industry — disproportionately favoring the commercial sector over residential. Limited liability companies (LLCs) and real estate investment trusts win big under both. Homeowners? Not so much.

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APPRAISING NEW DEVELOPMENTS

Developers today are pushing all of their closing costs onto the buyer, inflating the raw value of a unit.

Instead of a $1,200,000 price tag a buyer is expected to pay asking price, their attorney, closing fees (CLICK HERE to see a list of typical Condo Closing Fees) PLUS sponsor attorney fees.

In order to keep the value of their units expensive and make sure a high sale price is recorded as public record, sponsors will pay closing cost credits at closing. This becomes a separate deal or a rebate if you will for the buyer. The raw cost of the apartment is decreased for the buyer, but the public will never know this.

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Buying, Selling Teresa Alessandro Buying, Selling Teresa Alessandro

MORTGAGING THE PURCHASE OF YOUR NEW HOME

WealthFocus

Buying a home

Whether you’re a novice or you’re experienced in the home buying market, here are some things to think about as you move forward in the process

The benefits of cash In “hot” real estate markets, cash buyers often come out ahead. Even if you ultimately intend to put a mortgage on your new home, presenting a cash offer can be an important factor in determining whether the home becomes yours.

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OLD BONES ATTRACTING YOUNG RESIDENTS

New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. [1] Much of lower Manhattan's streetscape is not uniform and grid like as compared to upper Manhattan because of early settlers carving both roads for horse and buggy and dykes for ships and cargo. Much remnants of 17th century colonial life in New York City can be seen from existing g buildings and structures today.

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Selling Teresa Alessandro Selling Teresa Alessandro

MARKET VALUE VS APPRAISAL VALUE

So, you've decided to sell your home, now choosing a real estate broker is your next step. Teaming up with NYC’s #1 Real Estate Brokerage means your property, your investment, and your financial business is in the hands with an experienced, professional, and competitive Corcoran agent.

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Buying, Selling Teresa Alessandro Buying, Selling Teresa Alessandro

1Q 2017 WHAT'S GOING ON OUT THERE IN THE MARKET?

This month I continue to be confronted with the following conversations, “ Oh! You’re in real estate? So what’s the market like?” Not only am I now a living and breathing source of transactional data, market news, and reliable neighborhood recommendations but I wanted to take a moment to outline what exactly is, “going on” since the close of 2016

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Selling Teresa Alessandro Selling Teresa Alessandro

CONDO SPECIALIST READING MARKET DEMAND

As a Condo Specialist in your neighborhood we wanted to share some insight regarding 3 market indicators. Don’t worry – it’s not as complicated as it seems. Corcoran makes their data and market research hands on, allowing us to keep our pulse on the market’s shifts and furthermore being able to advise You.

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