Queens Real Estate Market Report SEPTEMBER 2017

Queens Real Estate Market Report SEPTEMBER 2017, by George Herrera, Realtor and Listing Specialist with the Queens Home Team at Keller Williams Realty. September 2017 Market Update Home sales and home prices both rose again in August. This is the third month in a row with double digit year over year price increases. It seems […]

What is the Value of Having a Queens Real Estate Agent?

“What is the Value of having a Queens Real Estate Agent?”, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. I have wanted to write this post for a while now because as times and technology continue to change, I continue to ask myself the same question, what is […]

Queens Real Estate Market Report: August 2017

Queens real estate market report: August 2017, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty Landmark II.  Queens Market Update Home sales and home prices rose in July. Inventory on the other hand, shrunk slightly. All in all, this summer has been very busy and it seems that […]

Queens Real Estate Market JULY 2017

“Queens Real Estate Market JULY 2017”, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Market Update Month’s supply climbed up to 6 months in June. This is the highest month’s supply we’ve seen since October of 2015. Month’s supply is the number we look at to gauge whether […]

Queens Real Estate Market: June 2017

Queens real estate market June 2017, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty.  Queens Market Update May and June have been much more active then the previous months in 2017. In both May and June we had a lot more calls from homeowners looking to sell their […]

How to Sell a House with Tenants

How to Sell a House with Tenants, by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. If you own a tenant occupied property in Queens, then at some point you may have tossed around the idea of selling. Cash flow is nice, but at some point people get tired […]

Queens Real Estate Market Report: MAY 2017

May 2017 Market Update As we mentioned last month, the market is changing a little, but listings are still moving and selling for high prices in general. Interest rates came down again so that spurred some new activity in the market. Right now we’re noticing that different neighborhoods are getting different reactions depending on their […]

Which Month is Best to Sell a House in Queens?

“Which Month is Best to Sell a House in Queens”, by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. This is something that comes up a lot during our consultations with Queens homeowners, and while it may seem like a simple answer (Spring/Summer) the truth is that the Fall […]

Which Month is best to sell your House in Queens

“Which Month is Best to Sell your House in Queens”, by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. This is something that comes up a lot during our consultations with Queens homeowners, and while it may seem like a simple answer (Spring/Summer) the truth is that the Fall […]

Documents Required for Sale of Property in Queens NYC

Documents required for Sale of Property in Queens NYC, by George Herrera, Realtor/Co-Owner of the Queens Home Team at Keller Williams Realty. If you’re thinking of selling your home in Queens NY, you’ve probably wondered about the documents required for sale of property in Queens and when you will need them by. Fortunately for you […]

How to Sell a House in Queens when Someone Dies

“How to Sell a House in Queens when Someone Dies”, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty.  We do a lot of property sales related to estates here in Queens, and while they can very sad and sensitive situations, they can also be some of the most […]

24 Steps to Selling your House in Queens NYC

How to sell your house in Queens NY, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. If you want to know how to sell your house in Queens NY, you’re in the right place. Whether you’re thinking of selling now or in the future, you’ve probably wondered what […]

How to find Queens County NY Property Records

By George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. Whether you’re a homeowner, absentee owner, estate executor, or potential home buyer, you may need to access Queens County NY property records for one reason or another. Lucky for you, many property records are public record here in Queens and […]

Seller Concessions: What are they and How do they Work?

by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. Supporting content provided by Robert Kaplan, P.C. What is a Seller Concession? Put simply, a seller concession is when the buyer and seller of a property agree on a purchase price and then also agree to an additional amount (the […]

What Nobody Tells you About Selling a Coop in Queens NY

by George Herrera, Realtor and Listing Specialist with the Queens Home Team at Keller Williams Realty. We sell a lot of properties here in Queens, and being that we’re in New York City, a lot of them tend to be Coops. Whenever we meet with first time Coop sellers, we always let them know, selling […]

Free Movers Guide to Selling your Stuff in Queens NY

Moving can be a stressful time, especially if you’ve been living in your home for many years. Over time, your closets fill up and the basement clutters up with holiday decorations, and extra furniture. Now that you have made the decision to sell your home it might be time to sell or donate some stuff. As you […]

5 Ways to Sell your Home for Top Dollar in Queens NY

by George Herrera, LIsting Specialist and Co-Owner of the Queens Home Team at Keller Williams Realty. If you own or live in Queens, then you already know that we do things differently here. Not only are we the most diverse county in the world, but we also are part of New York City which means […]

Minor Home Repairs and Improvements that Make all the Difference in Queens

   by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty.   Whenever we meet with Homeowners who are thinking of selling, we usually give them some homework before putting their property on the market. Reason why is because there are always little things that can be done in order […]

Queens Real Estate Market: 2015 Year in Review

   by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty   Queens Real Estate Market 2015 Year in Review Welcome to our first edition of the “Queens Real Estate Market: Year in Review”. Rather than comparing one month to the previous month and the same month of the previous […]

How Much does it Cost to Sell a Home in Queens?

We meet with homeowners & potential sellers every week, and one of things we always do is go through their estimated net seller proceeds once we have appraised their property. This is extremely important because there are several closing costs associated with selling real estate here in Queens NY. With that said, below is a […]

Home Seller Closing Costs in Queens NYC: COOP

Coop Seller Closing Costs in Queens NYC We meet with Coop owners & potential sellers every week, and one of things we always do is go through their estimated net seller proceeds once we have appraised their apt. This is extremely important because there are several closing costs associated with selling Coops here in Queens. […]

Home Seller Closing Costs in Queens NYC: CONDO

Condo Seller Closing Costs in Queens NYC We meet with Condo owners & potential sellers every week, and one of things we always do is go through their estimated net seller proceeds once we have appraised their apt. This is extremely important because there are several closing costs associated with selling Condos here in Queens. […]

Home Seller Closing Costs in Queens NYC: RESIDENTIAL

RESIDENTIAL 1-3 Family Home Seller Closing Costs in Queens NYC We meet with homeowners & potential sellers every week, and one of things we always do is go through their estimated net seller proceeds once we have appraised their property. This is extremely important because there are several closing costs associated with selling real estate […]

Free Property Appraisal

For a free no obligation appraisal of your Home, just fill out the form below and we’ll contact you to schedule an appt. We offer this as a complimentary service to Queens’ homeowners because we know that good decisions are based on good information. Please be advised that we are not a licensed appraisers, however, […]

Queens Real Estate Tax Guide

by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. Selling Queens real estate can be a very complicated process—just as complicated as purchasing real estate in Queens—particularly from the perspective of taxes and exemptions. So, the following is a list of various potential queens real estate taxes and exemptions […]

Queens Real Estate Market Update: December 2015

  by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty.   December 2015 Queens Real Estate Market Update Home sales slowed again in November as inventory remained tight and prices continued their steady increase. As the end of the year approaches, consensus among economists was that the Federal Reserve […]

Basics of a 1031 Exchange: What is it and How does it Work?

  by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. If you’re a Queens real estate investor, or if you’ve bought & sold properties here in the past, then you’re probably already familiar with the concept of a 1031 exchange. If you’re just starting out on Queens real estate […]

How Much is your Queens Home Really Worth?

by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Every house has value, regardless of it’s condition. The question is, how much value? There are several factors that affect the value of 1-4 Family Homes here in Queens, and it’s important to note that Appraised Value is different than […]

Queens Real Estate Market Update: NOV 2015

by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. November 2015 Queens Real Estate Market Update The pace of existing home sales dipped in October, both month over month and year over year. As chatter about the eventual rise in interest rates becomes more pervasive in the media, a […]

Queens Real Estate Market Report: OCTOBER 2016

Queens Real Estate Market Report: October 2015 The pace of existing home sales rose in September, but remains slightly below the pace from the same month last year. Demand for existing homes appears to remain high even after rebounding to post-recession highs this summer. Prices have not begun their usual seasonal decline for the latter part of […]

Queens Real Estate Market Update: SEP 2015

Queens Real Estate Market Update  Existing home sales hit a high for the year in August, however, year-over-year sales were still down. Inventory remains tight on a county level as the increased demand for homes continues to outpace the number of homes coming onto the market. The pace of year-over-year price increases slowed somewhat in August, and […]

Queens Real Estate Market Update: AUG 2015

Queens Real Estate Market Update: AUG 2015 The pace of home sales continued to slow in July according to the Long Island Board of Realtors. July marked the highest year over year decrease in home sales this year at 11%. In other words, last July there were 736 home sales in Queens, while only 655 […]

You’re being Taxed as a Two Family, but is your House a Legal 2 Family?

Many times we meet with homeowners who claim their property is a two family home because they are being taxed as a two family, however, legal use is determined by the NYC Department of Buildings, not the Department of Finance. Therefore, you may be getting taxed as a two family, but in reality, your property […]

This Month in Queens Real Estate: JUL 2015

  June 2015 Queens Real Estate Market Update The pace of home sales rose in June, but were still below the pace of sales last June. The combination of buyers looking to take advantage of low interest rates before they increase further coupled with less homes being on the market than the same time last year has […]

Queens Home Staging Tips

Staging & preparing your home before hitting the market is extremely important. We’ve seen first hand what staging, de-cluttering, and rearranging of furniture can do for a home. The showing inquiries are always greater, offers are much higher, and negative feedback is minimal because believe it or not, buyers nitpick at the small things. The […]

Price to Sell

Getting ready to get into the Queens real estate market? You may be nervous and unsure for one of many reasons. After all, selling a home is a very big decision regarding one of the most valuable assets in your life. Rest assured that the right agent with a strategic sales plan for your home […]

Seller’s Etiquette

Once you decide to put your home on the market, it is important to practice good seller’s etiquette. After all, selling a home, condo, or coop is a business transaction, therefore, there is an expected protocol to how sellers should interact with outside parties. For help or advice on how to practice good seller’s etiquette […]

Understanding the Buyer

As the seller, you can control three factors that will affect the sale of your home: The home’s condition, the asking price, and the marketing strategy. However, it’s important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the sellers’ market. […]

12 Steps to Selling a Coop in Queens NY

In Queens we have Residential homes, Coops, and Condos. Selling a Coop can vary from selling a Condo or residential 1-4 family home, therefore, we have come up with the 12 basic steps involved in selling a Condo in Queens. Being that Coops have management companies and boards, some steps may vary depending on the […]

11 Steps to Selling a Condo in Queens NY

In Queens we have Residential homes, Coops, and Condos. Selling a Condo can vary from selling a Coop or residential 1-4 family home, therefore, we have come up with the 11 basic steps involved in selling a Condo in Queens. Being that Condos have management companies and(or) boards, some steps may vary. For help or […]

8 Steps to Selling a Residential Home in Queens NY

Selling a residential 1-4 family home in Queens can be quite different from selling a typical residential home in other parts of the country. When referring to one family homes, the process may be more common, but even then, it is significantly different because of the NYC specific variables that are a factor. When selling […]

1031 Exchange Info for Queens Home Sellers

If you’re a seasoned real estate investor in Queens, you’re likely familiar with the concept of a 1031 exchange. If you’re just starting out on Queens real estate investment, then you’re probably eager to learn about the tax-deferral option. We’ve prepared a primer on this important tool for your investment-planning purposes. A 1031 exchange, also […]

Real Estate Closing Costs for Seller in Queens NYC

Condos Brokerage Fees: Typically 4-6% in Queens Own Attorney: $850+ Processing Fee: $450+ NYC Transfer Tax: Up to $500,000 = 1% $500,000+ = 1.425% Condo Deed Transfers: $75 NY State Transfer Tax: $4 per $1,000 of price NYS Equalization Fee: $75 Pick-up/Payoff Fee: $250 – $500 UCC-3 Filing Fee: $100 Miscellaneous Condominium Charges: Vary by building PLEASE NOTE:  For condominiums in new developments, the […]

How to Estimate Queens Home Values

What to know about Queens Home Values Why should I estimate my home’s market value? Establishing your home’s market value gives you greater control over your property taxes, insurance premiums, and the sale or refinancing of your home.  Many people hire professional appraisers to estimate their home’s market value.  However, there’s no reason why you can’t […]

Biggest Home Seller Mistakes…

Recently ActiveRain asked 1,000 real estate professionals to rate the top three mistakes made by home sellers when selling their home. These were agents from all over the US so while they were not all Queens County agents, we believe that these mistakes are the most common and fairly universal. What do you think about […]