Sell with/without realtor - sell in 2015 or 2016?

[markjames68]

Originally Posted by Elke Mariotti

Less than 4%? I doubt it. If someone is willing to take the listing for less, the (lack of) efforts will reflect that.
Of the 4%, 2% is for the selling broker, which leaves 2% for each side, listing and selling. Keep in mind that the 2% still gets shared between the agent and the broker/company. No windfall here, even though it may look that way at first glance

There are few areas on Long Island where it's still a buyers' market. In "good"/desirable areas with updated homes it's at least neutral if not a sellers' market.

What are these "good" and desirable areas that you speak of?

I'd argue that geographically, most of LI is at best a neutral market. Anything east of Huntington is a buyer's market except for the most desirable school districts, and then it's still all about price - i.e. mostly $600K and under with under $12K taxes.

The seller's markets are in western Nassau where commuters will snap up anything that's not condemned.

[babysladkaya]

You do realize that by moving back to Queens, you are going to become subject to NYC tax which you were not paying as a non-resident while living in the New Hyde Park? So, that $500 extra that you are now spending on the commute is $6,000 per year-take your combined taxable income, multiply by 4% and see if you come to a much lesser number, keep in mind, if you will be buying in NYC, you will be paying property tax as well, so a more realistic comparison would be to take LI property tax+LI commute cost and compare it to the NYC commute cost+NYC property tax+NYC resident tax.