Saturday, April 26, 2008

For Sale By Owner or Real Estate Broker

I'm often asked by clients who are preparing to sell a property if I recommend that they try to sell on their own or use the services of a Real Estate Broker.
While it is tempting, in a seller's market, to try to save the commission and with such tools as Craigslist available, the "FSBO" is possible.
It must be noted, however, that brokers do, often, provide a series of important services.
Brokers are familiar with all the intricacies of "open houses". They know how to "pre-qualify" potential purchasers which is especially important in Coop sales because of the coop approval process.
More useful are brokers the day after the open house. A seller who is selling on his/her own must resist the overwhelming temptation to call prospective purchasers, not wanting to appear too anxious. Brokers, on the other hand, are expected to follow up with these potential purchasers.
Sellers probably would find it awkward to inquire of their prospects as to financial details such as income and cash reserves. Brokers happily perform this function as well.
The bottom line: For most sellers, I believe the use of a well recommended Real Estate Broker is a good idea.

NEXT TOPIC: Client News

I will happily use my Blog to, like a proud Papa, tell the world of some of my clients' accomplishments.
My first one...

I am fortunate to represent such a broad array of clients many of whom are in the entertainment field. One of my absolute favorites is Sarah Blaze, a tremendously talented mezzo-soprano who has done as much for Rossini and Handel as she has done for Rogers and Hammerstein. Sarah has performed in all four corners of the globe and now, we have the unique opportunity to experience one of her rare New York City performances.
On Sunday, April 27th, at 2:30pm, Sarah will be giving a recital at The Church of St. Francis Xavier located at 46 W. 16th St, between 5th Ave. and 6th Ave. in Manhattan, at which time she will be performing, with soprano Rebecca Semrau in a program featuring works by Sondheim, Bernstein, Donizetti, Dvorak, Weill and Mozart.
$10.00 donation at the door is requested.
I look forward to seeing many of my friends and colleagues there!

Bob Dubno

Disclaimer :-)

Having dipped my toes into the world of blogging this week, I learned, the hard way, that the world is filled with critics, many of whom are well meaning friends. I truly believe that some of my critics, would go apoplectic trying to read the works of recognized authors such as e. e. cummings, with whom I shall quickly add, I am not comparing myself.
Suffice it to say:
If I were a math or science whiz, I'd probably be in Silicon Valley.
If I were capable of creating literary perfection, I'd be a writer for the New York Times.
Lacking all recognizable skills, I am,therefore, relegated to life as a lawyer.
So, I shall apologize, in advance, to those of my readers who catch an occasional misspelling, grammatical misstep or other malapropism.
Remember, even Caruso hit an occasional "clunker".

Friday, April 25, 2008

My new Blog

This is my inaugural attempt at blogging. At frequent intervals,time permitting, I'll endeavor to share my thoughts as a real estate attorney in the New York real estate market.
I do maintain a website, which I hope provides some information to those interested in our little corner of the world. It can be found at http://www.bobdubno.com/