Selling a home in New York can be an exciting but complex process. From legal requirements to market conditions, it's important to be prepared before listing your property. Here are five key things to consider before putting your home on the market in New York State.
In New York, it is customary—and often necessary—for both buyers and sellers to be represented by an attorney during a real estate transaction. A seller’s attorney will:
-Draft and negotiate the contract of sale
-Address title issues
-Represent you at closing Having legal guidance helps ensure a smooth, legally sound transaction.
2. Understand the Local Market
New York real estate varies widely by location—what’s true in Manhattan may not apply in the suburbs or upstate. Before listing, research:
-Recent comparable sales (comps)
-Average time on market
-Current buyer demand Working with a knowledgeable real estate agent can help you price your home competitively.
3. Get Your Paperwork in Order
Be prepared to gather important documents, such as:
-The deed
-Property tax records
-Certificate of occupancy
-Recent utility bills If your home is a co-op or condo, you may also need board documents, financials, and bylaws.
4. Address Repairs and Curb Appeal
First impressions matter. Make necessary repairs and consider small upgrades or staging to maximize appeal. A clean, well-maintained home can help you sell faster and at a better price.
5. Plan for Taxes and Closing Costs
Selling your home isn’t just about profit—there are expenses to consider, including:
-Transfer taxes (especially in NYC)
-Broker commissions
-Legal fees
-Capital gains taxes (if applicable) Your attorney or accountant can help you understand what to expect and how to prepare.
Selling a home in New York involves more than listing and waiting for offers. Legal, financial, and market considerations all play a role. If you’re thinking of selling, contact the
Law Office Of Robert Howe
today for experienced legal support to guide you through the process.