So you've submitted your listing details what's next?
We’ll demystify this topic in the following video. My name is Chris at Hauseit.
Hauseit is the largest assisted For Sale By Owner and Buyer Commission Rebate Company
in New York City, established 2014.
The first step after submitting your listing details is to make sure that you have paid
for your purchase.
You are actually able to select a flat fee listing package at the end of the listing
submission form.
If you did not select a flat fee listing package and only submitted your listing details please
go back to http://www.hauseit.com, spelling is below.
Go to our shop, choose a flat fee listing package and check out.
After you have taken care of the payment and submitted your listing details please wait
for our team to send you in flat fee e-listing agreement which will usually come during
the same business day.
If you've submitted your listing details towards the end of the business day or after hours
then please wait until the next business day for our team to send you the listing agreement.
Please note that our office hours are generally from Monday through Friday from 9:00 a.m.
to 5:00 p.m. Eastern Standard Time.
Once the listing agreement has been signed you can expect your listing to be processed
and uploaded by our team and syndicated to all third-party websites as well as the relevant
MLS or RLS for New York City within 2 business days.
Our partner brokerage will notify you by email once your property has been listed in the
local MLS or the RLS.
Please note that once a property is listed in the MLS or RLS it takes up to two business
days as discussed for the listing to syndicate fully to all the third-party websites so please
be patient.
Please also note that our team is unable to provide you with a list of links of all third-party
websites where your listing is posted.
If you are curious you can of course always Google your property address and the most
popular sites that have already been indexed by Google will show up and you'll likely find
your listing on a variety of third-party websites such as StreetEasy, Zillow, Trulia, homes.com,
perhaps realtor.com, The New York Times, etc.
Keep in mind when looking at your listing for the first time on many of these third-party
websites that it may appear that another listing agent is marketing your property, that is
not the case.
Remember that many of these third-party websites make money through agent advertising.
Essentially, they sell advertising space on your listing and all listings to the highest
bidder, random agents who have paid to advertise on their website.
However, despite this, it is usually still possible to contact the actual listing agent.
Once your property is listed remember to be patient.
The volume of inquiries will greatly depend on the pricing of your property and whether
you have professional photos and a floor plan for your listing.
If you have professional media such as professional photos and a floor plan but you still aren't
getting many inquiries please do take a look at pricing.
The pricing of comps in your neighborhood listings in your building perhaps your pricing
is too high.
Again, pricing is the most important factor which determines how many enquiries you will
receive.
Also, keep in mind, the general market conditions in your area for example in New York City
as of this filming, the average days on market is approximately four months from listing
to in contract.
Once you have negotiated and accepted an offer from a buyer or a buyer's agent the next step
is to send out what's called a deal sheet.
The deal sheet is essentially a transaction summary typically an excel file with the relevant
contact information of all parties in the transaction as well as general terms for the
transaction.
The relevant parties will be the buyer, the seller, the buyer's agent, the seller’s
agent, the buyer's attorney, the seller’s attorney.
Once you have asked the buyer's agent to complete his or her side of the deal sheet you will
fill in your side and then circulate the deal sheet to the buyer's attorney, the seller’s
attorney and the buyer’s broker and of course, yourself.
The main point of doing this is to put the attorneys from both parties together so that
the seller’s attorney, your attorney, can send a draft contract to the buyer's attorney
and so that the buyer’s attorney can begin due diligence on your property.
Remember to consult your attorney if you have any questions throughout this process and
remember that in order for us to keep the service essentially free for all customers,
we cannot offer phone or email support from either Hauseit or partner brokerages.
If you would like additional support or advice you can always upgrade to our 1% for full-service
listing where a partner broker will handle all aspects of your sell and if will of course
be available to answer questions at all times.
If you'd like you can also order broker consulting a la carte on our website and of course you
can always check out our Houseit and customer support forum where all manner of questions
have already been asked.
And of course, if a question hasn't been asked yet we ask you to please submit it and a member
of the community or one of our customer support representatives will get back to you within
one business day.
We hope you found this video helpful and if you did please hit like or subscribe.
We do come out with content on a regular basis.
If you have any questions you can leave a comment below or send us an email team@hauseit.com.
And remember if you're buying a property after you sell, we can help you as well.
We can help you save up the 2% of the purchase price with the Hauseit Buyer Closing Credit.