Advice

More Homes Listed 'For Sale by Owner' to Avoid Broker Fees

posted by Thomas Demsker

This was an article in DNA Info New York

What this article shows is the demand for FSBO (for sale by owner) selling in NYC and has some quotes in the article which under score why No Brokers Please, FSBO Consulting, solves all the issues that can arise while still saving FSBO tens of thousands of dollars.

Let's look at it by pulling some quotes from the article:

From FSBO Seller

"What if six people are standing there? What do you do? Those scenarios I don't know," Saturn said, adding, "I should be so lucky if that's my biggest problem."

That is why having a extremely experienced broker consulting with you on every step helps. We are able to help you with every question and put you on the right course. You have all the broker insights while not paying the hefty price tag. This happened with our client at 101 North 5th Street and with our help she turned the multiple offers into an over asking sale.

From a Broker Quoted in the Story

"Dealing with bidding wars, getting the highest and best offer and sorting qualified buyers to make sure a deal closes is where brokers' "added value" comes in to play"

Once again we help all of our FSBO consulting clients with all of these aspects and have been doing stuff like this since 2001. We help by providing our professional forms, helping FSBO's qualify offers, helping FSBO's negotiate offers and we help to close the deal by instructing the FSBO what needs to be done.

From a Broker Quoted in the Story

"After they've done all the work, at end of day," Cohen said, "they're not actually translating into the savings they think.

I would respectfully disagree. There is a lot of leg work at times and varies by person. Most people selling fsbo are willing to put in sweat equity because the savings means something to their future places. For 101 North 5th Street client, she put in work, 30 days to contract and some follow up for the next 2 months and saved $43,800, which to her was worth every minute. (I got the 43,800 from what I charge my full service customers at Demsker Realty - I do both full service brokerage and FSBO Consulting)

Should everyone sell FSBO - no. It is a viable option with our consulting for those who have the spirit and flexibility to undertake the venture. We help to simplify the process and offer contacts to the people and items I have used in my full service brokerage business, Demsker Realty, on the site. Plus you can tailor your experience as you need it from the packages to the al la carte menu. Also our direct feed to street easy provides the extra marketing muscle needed to sell.

We are recreating how brokerages sell their listings in a FSBO only site and creating a centralized marketing platform.

08 Sep
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No Brokers Please is a FSBO (for sale by owner) website, that provides professional broker consulting.

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Advice
  • 14 August

    305 West 52nd Street - 2G

    posted by Thomas Demsker

    Live in a brand new apartment. 542sf NET Sf, largest and only studio in the building facing South. Gut renovated bi-level apartment which has plenty of space for multiple set ups or to create a jr-1.

  • 05 October

    Street Easy FSBO Ads

    posted by Thomas Demsker

    Since the zillow take over , the price to place a fsbo ad on Street Easy has now climbed to a high of 595 per month. Originally it was 199 per month. What we look to do here is create a base for FSB

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The internet has drastically cut the cost of connecting buyers with sellers, but traditional New York brokerage fees are as high as ever. NBP gave us a solution that kept most of that money in our pocket, but still gave us access to expert advice from someone who knows the city. Pat
Upper West Side
I thought it must be easy to sell your apartment, till I started the process. Luckily I found NBP that made me a realtor over night. Lots of support and personalized guidance through the whole process. I sold my place above asking from listing to closing in less that 4 month. Loved it! Tim F. Holderbaum
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We sold our Jackson Heights apartment on our own, saving ourselves about $35,000 that would have gone to a broker. We could never have done it without Thomas's amazing, spot-on advice. He was there whenever we needed him, replying instantly to our many emails. He walked us through all steps of the process, and carefully reviewed and provided feedback for our buyers' co-op package. We highly recommend selling on your own, but only if you use No Brokers Please! Mark & Jennifer
Coop in Queens
We sold our coop in a tough building and with NBP's consulting service, the process was facilitated a lot. No Brokers Please's assistance with all the details, appraisal file and the board package got us a solid buyer and a closing. We highly recommend this very affordable and easy to use consulting service. Francoise and Jacques
I’ve used NBP twice and had amazing results both times. I got prices that were just as high as if I used a broker and saved a combined $80,000 in broker fees. NBP makes it easy and provides great service! JG
148 West 23rd & 45 Park Ave
the "secrets" booklet, the documents, Street Easy online ad and the constant email support are WELL WORTH the money to anyone out there doing this on their own Eric
425 East 79th St.
Tom, we closed on our sale of 11A yesterday. We think the price of 900,000 was fair for today's market and we got through a tough board process. We saved the broker's fee but-more importantly-we pushed for our own apartment to sell in a way that no broker would have-it was our sole mission. To be completely frank, there is absolutely no way in the world we would have done it without you. I can't thank you enough. Nina
420 East 72nd St.
No Brokers Please provided exactly the professional guidance I needed to sell my 3BR coop in Jackson Heights. Thanks for the help! Bob F
Coop in Queens
No Brokers Please was very helpful to me in selling my coop. Clear concise information about the process, and personalized answers to questions. Maryellen W. Tice
Coop in Brooklyn
We used the on-line listing service from No Brokers Please to sell our coop apartment in New York City with excellent results. Thomas provided terrific service to us and we were able to achieve a quick sale for a great price. Highly recommended with very competitive pricing for those willing to do the marketing work themselves. Jonas
201 East 21st.
No Brokers Please provides an excellent service- just enough help and advice, extremely prompt responses, and all the tools you need to confidently make it through this process on your own. If you're considering selling by owner but don't know where to start, you've found it. Katherine Ives
Condo in Brooklyn
Using NBP was the best decision we ever made!! Thomas was amazingly responsive throughout the process and guided us step by step. We did everything he told us too and ended up saving 9% because he encouraged us to list higher than we initially thought to! Thanks Thomas! Jill J.
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«Broker Thomas Demsker, who also counsels FSBO sellers through a website called No Brokers Please! (nbpny.com)»

«I decided I wanted a hand-holder to coach me through the process. After an Internet search landed me on No Brokers Please, a New York-centered for-sale-by-owner site, I signed up. No Brokers Please is run by Thomas Demsker, himself a licensed broker.»