Ryan Serhant’s Real Estate Advice
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Ryan Serhant gives real estate advice on Steve Harvey’s show. He addresses two viewer questions: one about buying a house with a long-term boyfriend, and another about pricing a house for sale. Serhant emphasizes protecting oneself legally when buying property with an unmarried partner, suggests buying real estate during the off-season for better deals, and advises sellers to prioritize price reductions to attract buyers quickly. He also explains the strategic importance of pricing a property to attract a wider pool of potential buyers.
Highlights
- 🏠 Buying with a Partner: Before buying a house with a significant other who you aren’t married to, Serhant strongly advises getting legal counsel to protect your interests.
- 📅 Best Time to Buy: Off-seasons (summer and winter) are ideal for buying real estate, as motivated sellers may be more willing to negotiate due to fewer buyers.
- 💰 Pricing Your House: Lowering the asking price promptly is crucial for attracting buyers in a competitive market. Pricing strategically within common buyer search ranges can significantly increase interest.
- 💲 Pricing Strategy: Pricing your home slightly below a round number (e.g., $549,000 instead of $550,000) can attract buyers looking at properties priced at or below the lower, round figure.
- 💼 Seller Mindset: Sellers should be proactive and present themselves as serious sellers willing to negotiate, rather than waiting for the perfect buyer.