Your closing fees will be covered by the sale profits once any outstanding mortgage has been paid off. For brokerage fees alone, seller closing costs in Brooklyn usually fall between 5% and 6% of the sale price. In addition, you will be liable for legal fees, other miscellaneous expenses, and transfer taxes in both New York State and New York City, which can add up to 8% of the sale price. 

A successful transaction can be greatly influenced by an experienced real estate agent. Setting the proper price, marketing your house, and negotiating with purchasers are some of the main duties of an agent. In order to assist you sell more quickly and for a higher price, they also handle the paperwork and showings.

Although the length of time it takes to sell a house can vary significantly based on the state of the market, New York properties typically remain on the market for 59 days, with the full sale process taking roughly 94 days from listing to close. A reasonably priced house in a desirable neighborhood in Brooklyn may get offers in a matter of weeks, particularly following the initial open house. Overpriced, badly presented, or specialized homes may take longer—typically 60 to 90+ days.

Both offline and online strategies are used in a successful marketing plan. To make your house stand out online, you'll need pictures and videos that are professionally taken, virtual tours, and a strong listing description. In order to assist others who are unfamiliar with the region in finding your house, an experienced broker may also produce neighborhood guides. They may also launch social media campaigns and advertise your house on well-known real estate websites.

You should collaborate with an agent to perform a Comparative Market Analysis (CMA) in order to determine the appropriate price for your house. Similar properties (also known as "comps") that have recently sold in your neighborhood are evaluated by a CMA, who then modifies the price according to variations in location, square footage, age, and unique features. Avoid listing your house for too much because this will make it less appealing to buyers and may cause it to remain on the market longer, requiring you to make a bigger price reduction later.

Although it is not required, moving out can greatly facilitate the selling process. Without interfering with your everyday routine, a vacant property is simpler to prepare and offers more flexible showing times. Living in your house while it's being sold, however, spares you the money strain of managing two properties at once and keeps the house from seeming "cold" and empty. 

There are seasonal tendencies in the Brooklyn real estate market. The best time to sell is usually in the spring, from March to June, when buyers are drawn to open houses by the nice weather and full gardens. Multiple offers and higher sale prices are frequently the results of this increased demand. Because buyers are typically more serious during the fall months of September through November, this is also a terrific time to sell.

It is strongly advised to stage your home. It entails setting up furnishings and décor to improve the appearance of your house and make it easier for prospective purchasers to picture themselves living there. Compared to an unstaged home, a staged home frequently sells faster and for more money. One study found that when a property is staged, 81% of buyers find it simpler to see it as their future home.

Your house must be prepared for sale. Start by organizing and personalizing your workplace to attract clients. The entire home has to be completely cleaned, along with basic cosmetic fixes like patching up small areas and fixing light fixtures. Adding potted plants, power washing the outside, and cleaning the front door are ways to improve the front of your house.  It's a good idea to get your house examined before listing it for sale so that any problems may be fixed before the buyer sees it.