Best practices for getting your home seen by buyers - does this intimidate you? It doesn't have to be this way!

In the digital age, it is more important than ever to present your home in a nice light. The important of beautiful photos, social media, and well written descriptions should not be overlooked. Everything is out there for the public to see- friends, family, but most importantly, buyers who choose whether or not to bid on your home based on its presentation.

As part of a live Facebook segment, Broker and Co-Owner Anthony Licciardello is interviewed by PR Developer Hannah Jay on the best ways to market a home. You won't want to miss out on our many years of wisdom in this area, helping you avoid making the same mistakes we have seen so many…

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When you see a home for sale, how did the seller arrive at that value? How can we go about pricing our homes well? The answer lies in a human element- not just a computer.

RealEstateSINY.com broker and co-owner Anthony Licciardello discusses with correspondant Hannah Jay the nitty gritty of our custom value platform SI-Dex. We talk about local values and how you must have an in-depth understanding for the right data. Most importantly, transparency from smart real estate agents who are there for your best interests.

A computer might be smart, but simply can't know as much as a realtor who dedicates their life to walking the streets they sell homes on, listening to client needs, and holding their hands throughout the years. Markets change,…

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StreetEasy released data, pinpointing neighborhoods throughout New York City for first-time home buyers. The data gathered is determined from results based on the average age of first-time home buyers (ages 31 to 35 years old) and that age group's median income (ranging $66,738). Using that information, they identified the neighborhoods most viable for first-time home buyers in New York City.

Listed below are the 13 neighborhoods in Staten Island, perfect for first-time home buyers, based on the data from StreetEasy. These neighborhoods are based on sales in 2015, for all types of homes with two bedrooms. The numbers of homes for sale in 2015 are listed next to the neighborhood. 

  1. New Springville - Mid-Island, 36 affordable units 
  2. Arden…

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This past month's real estate numbers are notably less concerning than April's, but still strange upon detailed examination.

To begin, current days on the market averaged just 138, which is lower than we have seen in seven months, when the number fell to 135 in October. This beat last month's already low 149, and fell 25% from 183 days in May 2013. This is also among the lowest we have seen in several years; homes are selling so fast, it is difficult to keep them in stock.

This increase in sale speed is coupled with a slight price increase over the prior month. Homes in May fetched a median sale price of $380,000, compared to the previous month's $368,250. However, this number is far lower than last year's $415,000 by more than 8%. The percentage of…

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February 2014 Real Estate Market Statistics

This is the year to sell your home.  Selling your home in the spring is the best time because this is when there is the largest number of buyers.  Right now, sellers have very little competition! Serious buyers are looking for a home right now, and want to settle into the existing rate before it goes up.

There were only 10 more homes available compared to the previous month of January.  More homes were available on the market during February compared to January 2014, but fewer homes were sold.  February’s current inventory stood at 1877 with only 195 homes sold. 

In terms of speed, it took 123 days to sell 195 homes, and would take 9.62 months to clear out the 1877 homes that were available.  Last year…

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It’s amazing how many articles lay out a boilerplate strategy on choosing the right real estate company.  Which ones will accomplish the mission of selling your home in today’s market? Let’s get down to the nitty-gritty and understand who and why would be best fit to accomplish the sale of one of your greatest assets.

Look at how the company and agent presents themselves.

If it looks like a duck and quacks like a duck, it is a duck. Even a quick look into a company’s marketing will give you insight into how much effort they’d put into marketing your home.

The quality of the real estate agents or agency marketing materials should give you an idea of how serious they take the property marketing process. Homeowners often overlook the presentation…

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https://www.youtube.com/watch?v=Jz_c1Fk3h44

The overall market of 2013 attracted plenty of buyers but very few sellers.  In December, there were under 2,000 homes available to be sold, which is considered very low.  Now that we are out of the economic housing bubble crisis, people need to be more confident rather than timid, when selling their homes.  A key tip for potential sellers is to know who they are working with and how to obtain the information that is provided to them.  The bank will inform them on how much their home is worth; it is then the seller’s choice whether or not to accept this advice when setting the listing price.

 

 

The average listing and sale price has not drastically changed in the last four years.  The average annual…

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Last month alone, we saw some slight decreases in the monthly sales and monthly volume, the average listing and selling prices, the number of homes on the market, and the amount of time it would take to sell all the homes on the market in October.

The average cumulative number of days on the market for those homes rose just slightly, while the median sale price and the percentage homebuyers were paying from the listing price stayed the same.Si Market Report

With the revision to the amount of homes sold in October, the decrease for November is a bit less than what it could have been, but it is still much lower than we may have guessed.  According to the report, the number of homes sold in November was 264, which is a little more than eleven percent less than October’s…

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We thought it couldn’t get any better, but it did. The latest market statistics for the month of July really blew away those from June.

First, let’s take a look at the monthly real estate sales on Staten Island. We saw an increase of more than eight percent from June to July, with 321 homes recorded as being sold in the latter month. The great part about this is that home sales have been rising steadily since March—that’s four months of increasing home sales! If you compare this past month’s sales to those of last year’s sales in July, we see an increase of over forty-five percent.Staten Island's Market Report on Real Estate Sales

But hang on—let’s backtrack and compare it to when the sales started rising in March of this year. If you put March and July side-by-side, you’ll see an increase of almost…

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Understanding a CMA or Comparative Market Analysis vs. Relying solely on home sales data found online.


 
When many people look to find the value of their home on Staten Island, the first place they look for information usually begins online. It's not awful or even bad to do, but it's certainly far from a perfect science. The main reason is the highly subjective nature of what value is from a human perspective. After all, a computer cannot attain the specific and sometimes highly opinionated view that reflects the emotional aspects of a potential buyer.


Data alone, especially in today's real estate market, has a greater margin of error than at probably any point in the last five years.


 
One of the reasons, the volume of comparative sales today's…

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