Selling a house in New York is not always easy, and unfortunately, there isn’t a secret formula that will produce a buyer.
Traditionally sellers attract buyers by making repairs to their home, cleaning and decluttering, and then staging their property before listing it. Also, figuring out a selling strategy like hiring a real estate agent or selling by an owner is usually a part of the process.
But even then, it can be challenging for your listing to stand out and to find a buyer for your property. So you may need to get creative and look for ways for your house to get more attention.
In this blog post, we will discuss some alternative ways to sell a home in NY and get the cash you deserve! So let’s get started!
Alternative Ways to Sell a House in New York
Whether you’re dealing with a slow time in the real estate market or fierce competition on your street, you may be looking for alternative ways to sell your house in New York.
Below are seven creative ways to sell your house fast:
#1 Using Social Media Advertising to Sell Your House
Almost everyone is on social media, and platforms like Facebook and Instagram offer great opportunities for advertising your home. You can target potential buyers by age, income level, and location. You can also target those who like “home improvement” and/or “real estate.” Just make sure to have a great listing description and professional photos of your home to add to your social media ad.
Social media apps are great tools to use to get your listing in front of more people, and more people means better offer opportunities.
#2 Offering One-Day Incentives to New York Homebuyers
Selling your house fast may be as simple as sweetening the deal with a one-day incentive or bonus offer. For example, you could offer a $500 gift card to a department store or a local grocery store for anyone who makes an offer on your home within 24 hours of it being listed.
This can be a great way to attract potential buyers and get your home sold quickly.
Other incentives include:
- Interest rate buy-down
- Closing cost credit
- HOA dues credit
- Broker incentives
- Including furniture or window coverings
- Providing upgrades and repair credits
#3 Turn Unused Space into Added Home Value
If you have some extra space in your house that isn’t being used, you can turn that into added home value. For example, if your house has an unfinished basement, this area might be best converted to an in-home office area or workout room. Likewise, if you have a detached garage, this can be turned into an extra living space as well.
Adding square footage is always a good idea. Not only may this attract more buyers but also increase the market value of your home.
Just make sure that everything is up to code and conforms with the city’s regulations if you decide to add on or change a space. Selling a house with unpermitted work can be challenging.
#4 FSBO in New York
For those who are looking to sell their home in New York without using a real estate agent, there is the option of selling it “for sale by owner” (FSBO). This involves putting an ad up on websites like Craigslist or Zillow, figuring out an asking price, hosting open houses, and dealing with buyers directly. There are some advantages of selling a house by owner and disadvantages to this approach: on the one hand, there are no listing agent commission fees to pay on the sale of your home. On the other hand, selling a house without an agent can be difficult, time-consuming, and may still include buyer agent fees.
The most challenging part for FSBO sellers when home selling is figuring out the sale price. There are some online calculators or home estimators tools, but they may not be trustworthy. Of course, you can always seek the advice of real estate professionals, but they may offer help with the intention of being the listing agent. Another option would be to have an appraisal done which could give you the information you need to price your home competitively.
#5 Sell the Area as Much as the House
Of course, first impressions are everything, like great curb appeal and a welcoming front door. But when selling your house in New York, it’s important to remember that you’re not just selling a structure; you’re selling an entire area. So make sure you mention the great school district, the close proximity to shopping or restaurants, the quiet street, and the great neighbors. Being close to a coffee shop, gym, or park may be important to potential buyers.
Remember, in today’s housing market; it’s not just about selling a house; it’s about selling a lifestyle!
#6 Sell the Amenities Too
Are you trying to sell a condo with door service and a parking spot? Does your property have a swimming pool, high-end appliances, all brick exterior, new high-efficiency windows? Those are significant amenities to mention about your home or condo. Of course, amenities and features vary if you’re selling in Brooklyn, Long Island, Queens, or Buffalo.
Here are some other amenities that are important to mention based on the area of New York.
New York City’s Most Popular Amenities
The home features buyers and renters searched for most in December 2020 and January 2021:
- In-unit washer and dryer
- Pets allowed
- Laundry in building
- Private outdoor space
- Central air-conditioning
- Shared outdoor space
- City view
- Internet available
- Skyline view
- Water view
Long Island’s Most Popular Amenities
- Energy efficiency (Appliances, Windows and Lighting)
- Smart house
- Laundry room
- Exterior lighting
- Ceiling fan
- Double kitchen sink (side-by-side)
- Walk-in kitchen pantry
- Front porch
- Hardwood floors in the main living area
- A full bath on the main level
- Eat-in kitchen
- Dining room
- Walk-in closet (Primary Bedroom)
- Garage storage space
If your home has any of these amenities you’ll want to make sure to mention them in your listing description and have your realtor point them out.
Including pictures of the amenities will also help attract buyers.
#7 Sell to a Cash Homebuyer
Instead of trying out any of the tips mentioned above, you can always sell to a local cash home buyer.
There are several companies that buy houses in Long Island and other NY cities, but one that comes highly recommended is Leave The Key Homebuyers.
Leave The Key Homebuyers is a family-owned company and was started specifically to offer another option to New York homeowners looking to sell their homes.
We buy houses in Brooklyn, Long Island, Buffalo, Queens, Nassau County, and Suffolk County. We have an easy three-step home buying process that starts with calling or requesting an offer online. There are no hidden fees, closing costs, appraisals, inspections, or mortgage contingencies, so we are able to close exactly when you choose.
Furthermore, repairs and upgrades are not necessary. And since you would sell directly to us, you won’t have to deal with selling by owner or finding a reputable real estate agent. That also means you can save money on expensive realtor commissions.
For a lot of NY homeowners selling to a cash buyer like Leave The Key Homebuyers is the best option because:
-It’s a simple process
-There are no hidden fees or closing costs
-We buy houses as-is, so you don’t have to make any repairs
-You can choose your own closing date
If any of these points sound appealing to you, we’d love the opportunity to work with you.
Selling a house in New York can be challenging, but it can be done with the right approach and using the correct tools. By following these tips, you’ll be well on your way to finding the perfect buyer for your home.
However, if you’d prefer not to spend the extra time or money investing in a home, you’re about to sell, that’s understandable. Plus, there is no guarantee that these tips will produce a buyer for your property.
Ultimately, if you’d like to find a buyer right away and avoid the hassle of making upgrades, offering one-day incentives, or selling FSBO, you’ll want to contact one of the cash home buyers in New York.