Wednesday, April 17, 2024

Real Estate Agents In The Bronx

Bronx New York Real Estate And Homes

Real Estate Agents Report Many New Yorkers Relocating To The Bronx

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What Do Real Estate Agents Charge

Real estate agents typically dont charge a set rate to their clients, but rather earn a commission on the price of the final home sale. In traditional real estate, there is a buyers agent and a sellers agent. The two agents receive 5 percent to 6 percent of the final home sale price and split it evenly, meaning they each earn roughly 2.5 percent to 3 percent of the total home sale. If you are a home seller, you may have fees associated with the sale that are above and beyond the commission the agents earn. The real estate agent may have you pay marketing fees, MLS fees, early cancellation fees, or more. Always ask pricing details before signing a contract so you clearly understand your financial obligations. Here are some of the average costs that can arise when selling a home:

  • Home inspection: $200-$350 or more, depending on region.
  • Home appraisal: $250-$400 or more, depending on region.
  • Professional real estate photography: $275-$550 or more, depending on photographer, square footage of house, and special requests like sunset shots.
  • Closing costs: Often split between the seller and buyer. An average range for the buyer to pay is between 3 percent and 4 percent, with the seller paying a lower fee at 1 percent to 3 percent of the homes price.

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Christina Was A Teacher Working In The Nycdoe When She Began Dabbling In Real Estate

Her business began growing organically as a result of a constant stream of referrals. She decided to leave teaching after almost 15 years. She is now proud to be the Broker of De Luca Realty Group Inc.

De Luca Realty Group prides itself on being a small brokerage that provides big service. DRG gives each client one on one guidance throughout the process of a sale or renting an apartment. The secret to Christinas success, and the success of DRG, is really no secret. Christina leads all her clients with full transparency and clear communication.

What Does A Real Estate Agent Do

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Real estate agents help their clients buy, sell, and rent commercial and residential properties. There are also real estate agents that sell industrial and agricultural real estate, but the majority sell residential properties. To become a real estate agent, you must be at least 18 years old, successfully complete real estate courses, and pass a real estate exam. Be sure to check for any required licensing, too. Often real estate agents will earn 5 percent to 6 percent of the total home sale price for their work in representing their client. Typically this commission is split equally between the buyers agent and the sellers agent. Here is an overview of what a real estate agent does, according to the United States Department of Labor:

  • Represent clients who are looking to buy, sell and rent properties.
  • Stay knowledgeable about regional real estate prices, mortgages, market conditions and related information, and advise clients accordingly.
  • Determine competitive market prices by comparing properties.
  • Create and publicize lists of properties for sale, including details such as location and features.
  • Show prospective buyers or renters properties.
  • Present purchase offers to sellers for consideration.
  • Mediate negotiations between buyer and seller.
  • Ensure that all terms of purchase contracts are met.
  • Prepare documents, such as loyalty contracts, purchase agreements and deeds.

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What Should You Look For In A Real Estate Agent

When youre hiring a real estate agent you want to find a qualified pro who can negotiate the best deal for your home whether youre buying or selling. Reading reviews will help you weed out obvious bad operators you want to work with someone who treats their clients with fairness and respect. That said, you also want someone who can play hardball and maximize your real estate deal. Ask for references from recent clients, and be sure to call them.

Experts encourage you to interview more than one prospective real estate agent before hiring. A home sale or home purchase is a big deal sometimes the biggest deal in a persons life and you want to find an agent who will work hard for you. In todays market, having a real estate agent who is social media savvy and has an attractive online presence is critical. Ask the agent how they plan to market your house. Review their listings, and ask yourself if they have professional photos with homes that are professionally staged. If the answer is no, they might not have the marketing savvy youre looking for. Ask what price they would list your house at and why. Pay attention to how they communicate with you during your initial interviewing phase. Are they too busy to respond for several days? Are they clear and helpful? This information is a clue to how theyll engage during the entire process.

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Westchester Riverdale Bronx And Manhattan Ny Real Estate

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Welcome to, your one-stop source for Westchester, Riverdale, Bronx and Manhattan NY real estate.

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in Westchester, Riverdale, Bronx and Manhattan NY. These listings are updated daily from the MLS.

Or, use our Community Guide to help you in your search for Westchester, Riverdale, Bronx and Manhattan real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need it’s fast, easy, automatic and FREE! With a Property Tracker account, you’ll be among the first to know about the newest homes for sale in Westchester, Riverdale, Bronx and Manhattan NY.

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What’s The Difference Between A Real Estate Broker And An Agent

Real estate agents and real estate brokers both help clients buy, sell, and rent residential and commercial properties. According to the U.S. Bureau of Labor Statistics, real estate brokers are licensed to manage their own real estate businesses. Real estate agents cannot have their own real estate office and must work under a broker. Real estate brokers often have real estate firms and employ real estate agents. Those real estate agents may be employees of the firm, or they may work on contract and earn part of any commission they bring into the firm.

If you are a homeowner ready to sell or a buyer in the market for a new home, either a real estate broker or a real estate agent can help you achieve your goal. What is more important than their title is their track record and client success stories. When interviewing real estate agents or brokers to help you buy or sell a home, ask about their recent sales history as compared with the original listing prices. If youre selling a home, ask how they would market your home and what price they would list it at. Whether you hire an agent or broker, you want a professional who will have your best interests at heart.

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We make the process of renting, buying, or selling property as smooth and as straightforward as possible for our clients.

De Luca Realty Group can help you by performing a property and market analysis. If you are buying or renting, we will work tirelessly to locate the right property for you and your budget. If you are selling or listing rentals, we know exactly how to position and advertise your property to match you with the qualified buyer or renter. Plus, with De Luca Realty Group, we have many ongoing relationships that we may already have a client in mind.

Whether selling, purchasing, or renting an apartment, the team of well-trained and knowledgeable agents at De Luca Realty are standing by to provide you with exceptional service, information and advice.

Please feel free to contact us with any question, any time.

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