For Sellers

List with CMB Reality

EXPOSURE AND ADVERTISING

  • Rather than a single approach, we adjust our strategy with the changing market conditions. CMB Realty constantly studies currency values and emerging markets to pinpoint the ideal buyer.
  • We advertise using numerous online and print venues including: Every CMB Realty listing is featured on key real estate sites.
  • With our REBNY membership, every brokerage in NYC will be notified of your property the moment we list it. Moreover, every CMB Realty listing is featured in key real estate sites such as nytimes.com and streeteasy.com.
  • Our database has access to every sale in NYC. Combining that with our experience and smart, efficient approach, CMB Realty will net you the maximum price, in the minimum amount of time, with the least amount of hassle.
  • Professional board package preparation.
  • Expert negotiation tactics and pricing strategy adjusted to always changing market conditions.

Breakdown of Seller's Closing Costs

Condominium Closings Costs

Own Attorney $1,600 + up *
Stock Transfer Stamps $.05 per share
NYC Real Property Transfer Tax 1% of purchase price if $500,000 or less of the entire amount
1.425% of purchase price if over $500,000 of the entire amount
NYS Transfer Tax 0.4% (.004) of purchase price
Flip Tax (if applicable) Determined by co-operative building
Payoff Bank Attorney (if applicable) $450 + up
Managing Agent Fee $500 – $750
Move-Out Deposit $500 – $1000 (usually refundable if no damage)
Broker Commission 6% of purchase price
Estate Fees Coop may impose additional fees for estate sales
Lost Stock and Lease Fees $250 – $750
E Tax Filing (ACRIS) 50
Gains Tax Withholding (out of state seller) 7.7% of gain
Non-US Resident (FIRPTA) 10% of price withheld or paid

Co-Operative Closing Costs

Own Attorney $1,700 & up *
NYC Real Property Transfer Tax 1% of purchase price if $500,000 or less
1.425% of purchase price if over $500,000 of the entire amount
NYS Transfer Tax .4% (.004) of purchase price
Payoff Bank Fees (if applicable) $450 *
Managing Agent Fee $250 – $750
Move-Out Deposit $500 – $1,000 (usually refundable if no damage)
Broker Commission 6% of purchase price
E Tax Filing (ACRIS) 50
Gains Tax Withholding (out of state seller) 7.7% of gain
Non-US Resident (FIRPTA) 10% of price withheld or paid

Listen to Our Advice on Selling Your Apartment