Selling in New York: From Pricing to Closing

Before the listing

Choose your attorney and agent early, then assemble ownership, mortgage, building, alteration, permit, and occupancy records. Resolve issues that could stop diligence before a buyer discovers them. Prepare the home for the buyer you expect, not for your own taste: repair material defects, reduce clutter, improve light, and make every room's purpose obvious.

Pricing and launch

Price from recent closed sales, adjusted for property type, condition, floor, view, layout, outdoor space, carrying cost, and current competition. Active listings show today's alternatives; expired listings show what buyers rejected. Photography, floor plans, copy, and launch timing should all be ready before the listing appears.

Offer through contract

Compare price together with financing, down payment, contingencies, appraisal exposure, closing schedule, and the buyer's readiness. Once an offer is accepted, New York attorneys conduct diligence and negotiate the contract. An accepted offer is generally not a signed contract, so keep the process moving and avoid assuming the sale is final.

Contract through closing

Track the deposit, financing commitment, appraisal, title or building review, board package where applicable, final walk-through, payoff, and closing statement. Ask your attorney and accountant for a property-specific estimate of transfer taxes, building charges, mortgage payoff, commission, and other deductions before planning how to use the proceeds.

Educational information only; confirm legal, tax, building, and transaction requirements with licensed professionals.