Seller’s Guide for Staten Island Real Estate

Property Types

Salmon Real Estate is the top resource for buyers and sellers in Staten Island and northern New Jersey.

Our real estate listings include:

• · Condos
• · Single-family homes
• · Townhomes
• · Multi-family properties
• · Commercial buildings
• · Residential and commercial land for sale

Preparing to Sell Your Property

Whether you’re planning to sell residential or commercial property, a little preparation goes a long way. Here, we’ve listed some best practices for sellers:

Do Your Research

You’ll feel much more confident if you go into the selling process equipped with information. First, calculate your home’s current value. Using Salmon Real Estate’s complimentary evaluation tool, simply type in your address and we’ll email you a report containing a property valuation.

It’s also a good idea to know how much equity you have in your home or business property. To calculate equity, subtract the total principal and interest owed on the property from the value of the home.

Select a Real Estate Agent

Next, you’ll want to find a real estate agent to work with. In a competitive market, it’s helpful to find an experienced Realtor who knows the area well. They’ll be best equipped to market your home strategically, provide insights into local trends, and measure it against other houses for sale. By performing a comparative market analysis (CMA) of similar property for sale, the real estate agent can help you set the right price for your listing.

Spruce up the Property

Get your home or business camera-ready. Cleaning and decluttering make a big difference when it comes to house listing photos. Your agent also may be able to recommend low-cost upgrades or repairs that can make your property more attractive to potential buyers. For example, you don’t need to do a full renovation of your kitchen. But if the walls are a bright color, consider repainting in a neutral tone that will have broad appeal.

For commercial and residential properties alike, think about curb appeal since a buyer’s first impression will be the property’s exterior. Trim back overgrown landscaping, pull out weeds, and sweep walkways and stoops. Add a few potted plants or flowers to the property entrance to make it more inviting.

Show the Property

Once your house is ready to go, your real estate agent will use Multiple Listing Services (MLS) to promote it online and in print. You’ll need to be prepared for showings on short notice, which means keeping your home organized and tidy.

If your Realtor determines that an open house would be valuable, they’ll work with you to schedule a date and prepare. They may work with you to compile a list of updates, renovations, or repairs you’ve made to the home, which can be shared with prospective buyers during the open house. Your agent also will help you set a timeline – some sellers accept offers on a rolling basis, others set a deadline and review all offers on a specific date.

Review Offers and Prepare for Closing

Once you’ve accepted an offer, there are a few more hurdles to be aware of during the closing process. Your buyer may schedule an inspection or choose to waive it. Your agent will help you get ready for the inspection and the property appraisal, which is completed by the mortgage lender. There may be several rounds of negotiations – for example, if the inspection report identifies a necessary repair or building code issue, the buyer may request a credit.

Fulfill Closing Obligations and Move Out

Once you’ve agreed on a closing date, you need to make arrangements to move out and make good on any legal obligations. This could include completing any repairs that were agreed upon after the inspection and providing any required property disclosures. You’ll also need to budget for closing costs.

The buyer will complete a final walkthrough on or around the day of your closing appointment. If the buyer is taking possession of the property immediately following the closing, you’ll need to be ready to hand over the keys at the closing meeting. In some cases, though, you’ll have extra time to vacate the property.

Your agent will be able to help you navigate any issues that arise throughout the negotiation and closing process. And if you’re also looking to buy, you can use a mortgage calculator tool to estimate your total monthly mortgage payment.

An Experienced Staten Island Real Estate Team

At Salmon Real Estate, we’ve worked with buyers and sellers since 1956. As one of the oldest independently owned real estate companies on Staten Island, we bring valuable local experience and resources to bear. We’re proud to provide personalized attention to each client, guiding you through each step of the selling process. And we’re invested in making Staten Island a great place to live and work because this is our home, too. Many of our team members were born and raised on Staten Island, and still live here today.

We’ll keep you in the loop at each step of the selling process to ensure you have the best experience possible and get the right price for your property. We draw on our deep knowledge of the local market, providing unbiased advice and guidance. We demystify the world of real estate and MLS listings, so clients feel empowered and informed.

Sell Your Property With Salmon Real Estate

If you’re ready to sell your commercial or residential property, the Salmon team is standing by to assist you. With local expertise and unparalleled knowledge, we go above and beyond for our clients. We take pride in the strong relationships we’ve built in the community over more than six decades. For more information about selling Staten Island real estate, check out our market snapshot insights or contact us today.