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i really need some advice

Started by jms8
over 12 years ago
Posts: 110
Member since: Apr 2011
Discussion about
ues apt is on then market. we know there is a buyer out there. we would stay if we could buyout a neighbor but getting a no go. building is small charming self managed spa bathroom and fire place but no one wants to walk to second floor. loft like feel. exposed brick look iy up so youncan see. ishould my broker be targeting a particular group to look? sorry falling asleep. need real guidance. next stop brookyln
Response by West34
over 12 years ago
Posts: 1040
Member since: Mar 2009

Is this what happens when you chase a Xanax with a shot of tequila then post on Streeteasy?

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Response by jms8
over 12 years ago
Posts: 110
Member since: Apr 2011

Ugh yes :) not quite that drastic but something like that

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Response by selyanow
over 12 years ago
Posts: 132
Member since: Dec 2007

Not enough info to give advice. Have coffee and please give more details. I can tell you that the UES has been suffering compared to downtown and Brooklyn so listings up there will take a while to sell and without the same appreciation as other areas.

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Response by Nah
over 12 years ago
Posts: 85
Member since: Feb 2008

Selling an apartment on the upper east side has been at times, almost impossible. I've have witnessed beautiful apartments take months to sell. There seems to be a pattern that many upper east buyers are just flat out difficult. Swedish girl buys an apartment downtown and contract and check are signed in 48 hours. Some joker from Long Island buys an apartment on the upper east and they ask why the ceilings are 8 feet 6 inches and not 8 feet 8 inches as if had they built the building, they would have made all apartments have 8 foot 8 inch ceilings and not 8 foot 6 inch ceilings. You get the point. It's a mystery that I've asked myself for years. No one will argue this. I wish I could give you better advice, but the best I can say is that it probably isn't you or the apartment or even the broker.

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Response by NWT
over 12 years ago
Posts: 6643
Member since: Sep 2008

The listing looks good, and I like how you've done things.

If the reason to sell is a looming need for a third bedroom, that'll cost you hundreds of thousands no matter where you go. In another ten years your eldest will be gone, and there you'd be with too much apartment you paid through the nose for.

Anyway, five months sitting with no price cut is too long. You need to chop some off and generate new interest.

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Response by jms8
over 12 years ago
Posts: 110
Member since: Apr 2011

Thanks, this is all very helpful and just posting last night seemed to have brought a potential buyer back.

Nah - it's been a great apartment for the last 9 years - we stay forever if it wasn't for a third kid coming along and ruining the current apartment.

NWT - We will probably go with a price cut soon, the thought before was we had a few offers fall through with mid to low ball offers and wanted room to negotiate but that will matter less as we keep saving money while living here.

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Response by psinger
over 12 years ago
Posts: 9
Member since: Nov 2010

I am sorry for your trouble. I have had enormous success selling on the UES. I guess it depends on how good a negotiator you are. I don't think the broker should appeal to a particular group. The problem is usually in the pricing. Is it REALLY priced at market value? If it's not I would correct that first. Best of luck. Call/email me if you have any questions. I will be happy to help you.35 years as a broker. pat@singernewyorkrealestate.com 212-570-6095.

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Response by NYCMatt
over 12 years ago
Posts: 7523
Member since: May 2009

What's the quickest way to sell a home?

DROP THE PRICE.

It really is as simple as that.

The problem with the UES is that virtually every other Manhattan neighborhood is just *nicer*. Or more convenient. Or the buildings are nicer, with more character.

Downtown has *real* lofts, night life, and easy access to the rest of the city.

The Village is ... well ... the Village.

The UWS has nicer, older buildings with higher ceilings and more character, wider streets and sidewalks for a more spacious, less claustrophobic feel, and TWO subway lines.

Hell, even Washington Heights has those same advantages.

The UES is cramped, inconvenient to the rest of the island (unless you're going straight to Wall Street), ONE subway line (which subsequently happens to be the most congested), and the more "affordable" housing stock is nowhere near that one sad subway line.

The buildings are also just as bleak. Unless you're talking Fifth or Park, you're stuck with architecturally vapid postwar boxes with stiflingly low ceilings and drearily homogenized neighborhoods.

Since the UES can't beat the rest of the island in charm, space, or location, the only thing it can really compete on is price.

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Response by Consigliere
over 12 years ago
Posts: 390
Member since: Jul 2011

Quote of the day? "a third kid coming along and ruining the current apartment."

Those kids, they are known to ruin things. If there was only a way to avoid having them?

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