718-304-0550

What should I know as a Homeowner selling my House?

  Goldberg & Chase LLP.

If you’re a homeowner selling a house, there are certain cost involved.  Some of these cost arise before you can consult me as an attorney and that probably involves fixing up a house to have it marketable.

In New York City there are transfer taxes for any house over five hundred thousand. Expect to pay 1.4% in transfer taxes in privilege of selling your home in New York City. The single biggest cost that a seller might have is the real estate broker commission.

If you use a broker and those range around 6 percent, I always recommend my clients try to negotiate that 6% is the maximum you  want to pay,  but hopefully you can get it down to 3-5%.

This blog was provided by Irwin Weinstein, one of our experienced Brooklyn Real Estate Attorneys.

Check out our Real Estate Education Series for free!

Address Icon

We Practiced Over 50 Years At
26 Court St.
Suite 1503
Brooklyn, New York 11242

Currently Practice Resides At
40 Wall Street, Suite 2744
New York, New York 10005

Phone Icon 718-304-0550
Clock Icon

Monday-Friday:
9:00AM – 5:00PM

About Us

The personal injury law firm of Goldberg & Chase, LLP. in Brooklyn, New York represents clients throughout the New York (NYC) metropolitan area, including the five boroughs: Brooklyn, the Bronx, Manhattan, Staten Island, and Queens. The counties we serve include Suffolk County, Nassau County, Westchester County, and Putnam County.