Staten Island NY Spring Real Estate Market Information

Spring is usually a busier season for real estate. There are both an abundance of listings and buyers on the market. If you are considering buying or listing real estate, this article provides Staten Island NY Spring real estate market information

The Impact of Seasons

The Spring tends to be a less hectic time of year from a scheduling perspective. During the fall, children head back to school. Then arrives the winter season with gift shopping and social activities. The new year comes tax season. Only after that will schedules open up for many. There are longer daylight hours, the weather warms up, and people can achieve more during the spring and summer seasons. Because of this, Spring is a more active time of year for real estate.

Listing Abundance

Sellers often believe that their homes show better in the spring and summer and that this will lead to a higher selling price. They naturally start fixing up the outside of their home as the weather warms up and things begin to bloom. The longer days also provide a little more time for all of this. The Spring usually brings an influx of property listings as a result. This also leads to more competition, so sellers should carefully evaluate pricing their property correctly to accomplish a quick sale. They should also simplify the showing process. Buyers may pass by ones with difficult or inconvenient showing arrangements. With well thought out pricing and showing procedures, Sellers can take advantage of the Spring market.

Buyer Competition

Buyers also have more time to focus on their home search in the Spring and enjoy the availability of options on the market. It is essential for buyers to keep focused on their goal instead of looking to see each home for sale. The most desirable deals will go quickly because of the number of competing buyers. Those who stray too far from their primary criteria may end up missing out on the property of their dreams.

Staten Island NY Spring Real Estate Market Information

To make the most of the Spring real estate market, get information and guidance from a experienced real estate professional. For sellers, it is critical not to price too high or lose momentum. Buyers can remain up to date on newly listed homes with tools from a real estate professional and their direct access to the MLS system. It is also important for buyers not to lose focus and overloaded with the number of homes coming on the market. With a little guidance and support, you can achieve your real estate goals for this Spring. For more Staten Island NY Spring real estate market information, contact Gregory Diaz and Gina Guerriero at S.I. Premiere Properties by calling 718-408-1499 or emailing gregdsells@aol.com

Information on Negotiating Home Inspections For Staten Island NY Homes

Sellers are not obligated to address issues identified in a home inspection. It is a negotiation process. Before evaluating inspection results, keep in mind that they typically include both issues discovered in the residence and additional recommendations from the inspector on improvements that can be made. Focus on the issues and not the upgrades since it is unfair to ask a seller to upgrade a property. If upgraded, the seller would be able to sell for higher than the current asking price. You will find information on negotiating home inspections for Staten Island NY homes below.

Selecting Items to Negotiate

Buyers should assess the list of items and pick what they wish to negotiate, taking into account some strategy. Asking for ever single minor repair may alienate a seller and affect the chances for success. If there is a major repair and several minor ones, it may be better to request that only the major one be handled by the seller. In cases where there is a long list of moderate defects, perhaps asking for the most important ones would be more successful than submitting an overwhelming full list. Buyers should detail a list in writing when submitting a request.

Possible Negotiation Results

Sellers then have the ability to either...

• Agree to address everything before closing.
• Offer to address a few of the repairs before closing.
• Offer to compensate the buyer (via a credit towards closing costs or a drop in price) in exchange for the buyer repairing the items themselves after closing.
• Refuse to do anything.

The negotiation process may continue several times until both parties agree to the terms. In some cases, agreement may not be achieved at all. If both parties remain on cordial terms, both can be more willing in the negotiation process. Whereas if one party feels alienated, agreement may be extremely difficult.

Information on Negotiating Home Inspections For Staten Island NY Homes

Neogotiation strategies should be considered with your real estate broker and should take into account every aspect of the transaction. Keep in mind that inspection reports cover both problems and general suggestions, and that attempting to negotiate upgrades is rarely successful. Inspections are not an way to renegotiate price but rather to address serious problems that were previously unknown. Respecting how the process works and the potential outcomes will hopefully contribute to both parties treating each other with courtesy and respect,... leading to positive outcomes. The above information on negotiating home inspections for Staten Island NY homes was prepared by Gregory Diaz and Gina Guerriero at S.I. Premiere Properties. Contact Gregory Diaz for additional information on negotiating buyer inspections and other steps in the home buying process.