HOTD: If You Can't Do It Yourself, Ask Corcoran
It always makes us scratch our head a little when we see an owner fail at selling his place on his own turn around and hand it off to a broker at a much higher price–the logic presumably being that he has a certain number he wants to net on the deal and he doesn’t…
It always makes us scratch our head a little when we see an owner fail at selling his place on his own turn around and hand it off to a broker at a much higher price–the logic presumably being that he has a certain number he wants to net on the deal and he doesn’t care how he gets there. Now, we happen to think that in general brokers can fetch a slightly higher price than an owner for a variety of reasons. In the case of this house overlooking Greenwood Cemetery that was a FSBO HOTD last November, it’ll be interesting to see whether Corcoran can get the 12% premium over an asking price that the owner was unable to get for nine months, part of which time was during a much stronger overall market. Maybe they will because we were surprised that the owner did not get his price to start with.
307A 23rd Street [Corcoran] GMAP
307A 23rd Street [By Owner]
FSBO Off Greenwood Cemetery [Brownstoner]
One issue with this house might be that’s it’s a one family that was apparently converted to a two without changing the C of O. I imagine getting a mortgage could be a problem and if you rent out an illegal apartment, you do so at your peril!
still, a cemetary is a little creepy…
Green-wood was designed by Olmsted (the same guy who designed Central Park, so saying that Green-wood is park-like is right on. You should visit sometime.
Hey, 3:43, do you know Green-Wood? It IS park-like – before Prospect Park was built, people used to picnic here, and it really is a beautiful place. Nothing at all like the horrors you see driving through Queens.
…”park-like views of Green-wood Cemetery”.bahahahahahah that is priceless. How do they do come up with such pifle!
Why ask Corcoran? Dunno. That happens to be what this seller did.
Is it possible to do a page of all the unsold HOTDs for sale that you have featured.
HOTD= House of the Day
yeah what does HOTD mean?