NYC ral estate market this year

Rates are lower now than they have been for sometime due to this volatility. People have to put their money somewhere. I think by the spring or even now is a good time to sell.

what kind of advice is "you should price realistically" duh thanks. "No I want to price it unrealistically!..

Just remember hudsonhome although they will not admit it every sales agent is human and wants a quick sale. Their objective is to get you to list for as low as possible. This generates an offer in a week which of course they talk you into accepting. Now lets think about this. So an offer and contract is done in a week. Great for the agent(low advetising costs, quick commission) but what about you? You lose out by not giving enough time for ALL potential buyers out there to have a chance to bid. If an agent suggests a price and your stomach drops a little walk away trust your instincts and get another agent if you must or sell it by the up and coming FSBO Brokers. Good luck.

last sentence...If an agent suggests a price and your stomach drops a little walk away trust your instincts and get another agent. Or better yet use the up and coming FSBO Brokers out there to sell and save tens of thousands on commissions

price realistically" = broker who wants you to sell at the lowest price possible because he can't find buyer

Price realistically is good advice. The NYC prime residential RE market peaked some time in Q2 2015, as I called at the time and have said multiple times since then. Since we are now in a down market (the trajectory of down can be debated, but the downward direction can't be), pricing too high is likely to leave you with property on the market longer than typical, and by the time you get around adjusting your asking price to the then-realistic level, that then-realistic level will be lower than the current realistic level. This is not a rising market. Move your inventory fast.
Caveat Venditor

Pricing realistically is always a good thing; cause no one wants an old listing. The issue is what is realistic.

Show called Brain Games...talk about how the human brain works. One episode they baked two identical cakes. Listed one for $25 and listed the other for $50. Asked strangers which caked tasted better. Over 90% said the more expensive one. Just the idea that one was more expensive made them think they were getting a better deal. If I am going to error a little on the side of "realistic" pricing" then I will error on a higher list price.

Apartment = Cake.

Strangers = Sophisticated RE buyers.

hudsonhome volatility in the equity markets can actually be a good thing for real estate. why would anyone take their money out of the stock market to buy real estate if their stocks keep going up? Once the stock selling starts and stomach churning gyrations occur then many a stock owner will decide hey this up and down craziness is not for me I'm looking to invest elsewhere.

Listen to the apartment = cake guy.