Selling A House in New York Without A Realtor – What Do You Need To Know?

Share On

Do you need a realtor to sell a house in NY? No. You are not legally required to work with a realtor/broker/agent to sell a house, neither in the city nor in the state of New York. That said, most people still need a realtor to sell a house in NY because they don’t have the knowledge, experience, and time for the process and a lack in any of these aspects can prevent you from getting the best value on your house (in a given market). 

Selling A House Without A Realtor

If you are adamant about selling a house without a realtor or without a New York City broker, and if you are selling in NYC, you should understand the process and the time commitment it requires. It starts with listing your home. This process starts with taking good photos of your house. Professional photos are the norm, so if your photos don’t stack up against what buyers and buyers agents are used to, they will stand out but not in a good way.

Then you have to come up with an appropriate asking price. The best way to come up with one is to find out the closing price of similar properties sold in your vicinity, the more recent the better. They are called “comps,” short for comparable properties. Take market dynamics into account as well.

The next step is to find a good listing place. For people in NYC, Streeteasy is a great option. You can list your property as FSBO (For Sale By Owner) and they charge a flat fee of $599 (lowest price) for four weeks. Websites like Zillow might allow you to list your house for free.

Then, you have to field calls from agents or buyers themselves and negotiate. You may have to pay the buyer’s agent a fee of 2% to 3% of the sale to bring the buyer to you.


Follow Us

The Latest

Selling A House in New York Without A Realtor – What Do You Need To Know?
Blog
Selling A House in New York Without A Realtor – What Do You Need To Know?
NYC Property Prices: Dropping or Rising?
Blog
NYC Property Prices: Dropping or Rising?
Apartment Prices in NYC – Will They Go Down in 2025?
Blog
Apartment Prices in NYC – Will They Go Down in 2025?

BROWSE ARTICLES

contact brett

You May Also Like

Bag of money surrounded by stacked coins with green upward and red downward arrows, representing the fluctuating trends in NYC property prices and market dynamics.

NYC Property Prices: Dropping or Rising?

Written by: Brett Ari Fischer - The New York City Broker

Are NYC property prices dropping? The answer is both yes and no, and it depends on what you are buying and where you are buying. According to Zillow, the market rose by over 3% in the last year. Redfin, in contrast, showed a rise of 0.7% in year-over-year median sale price. 

Green house with a red downward arrow, symbolizing the fluctuations and potential decrease in NYC apartment prices.

Apartment Prices in NYC – Will They Go Down in 2025?

Written by: Brett Ari Fischer - The New York City Broker

Will New York apartment prices go down? That’s a question both buyers and sellers are asking as we start the new year. Sellers are looking to get the best deal for their assets, while buyers are hoping to snatch a good apartment at a bargain price.

Model of a house next to a gavel, representing the impact of new housing laws in New York on real estate transactions.

Understanding The New Housing Laws in New York

Written by: Brett Ari Fischer - The New York City Broker

Whether you are a homeowner, landlord, or tenant, it’s a good idea to be acquainted with the new housing laws. And if you are wondering – what are the new housing laws in New York? The answer is that there are multiple but two that might be relevant to many people.

Selling A House Without A Realtor in NYC – What Should You Know

Written by: Brett Ari Fischer - The New York City Broker

When you prepare to sell your house in the city and learn about the commissions (up to 6%), it’s natural to ask – Can I sell my house without a realtor in NYC? And the answer is, yes, you can. It’s called For Sale By Owner (FSBO), and many people go there. However, whether you should sell without a realtor is a completely different question.

Signpost with arrows labeled 'Buy' and 'Rent,' symbolizing the decision-making process of renting versus buying a home, set against a clear blue sky.

Renting vs. Buying: Making The Smarter Financial Choice

Written by: Brett Ari Fischer - The New York City Broker

It can also be evaluated in the context of Debt-to-Income and Rent-to-Income ratios. Let’s say your rent makes up 30% of your monthly income, which is a reasonable level and your income suddenly increases, enough to push the ratio down to 20%. You can now upsize and look for a better and bigger apartment or you have more cash to spare and save.

Person calculating costs with a house model on the desk, symbolizing the taxes involved in selling an apartment in New York City.

NYC Tax on Selling an Apartment

Written by: Brett Ari Fischer - The New York City Broker

What is the tax on selling an apartment in NYC? It’s a very important question to find an answer to if you are planning on selling your apartment in the city. The answer relies upon what kind of apartment you are selling.

Row of classic NYC-style brownstone buildings, representing the appreciation trends of apartments in New York City.

NYC Apartment Value Appreciation Trends 

Written by: Brett Ari Fischer - The New York City Broker

Have you ever wondered – do most people buy or rent in NYC? Over 8.8 million people live in this city and according to the NYC Comptroller office’s estimate, most of them rent.