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Imam Hasan

Answers by Imam Hasan

6 answers · 30 pts

How do I know if the market is right for selling my property?

Asked by KerryAnne S | Oneonta, NY | 04-20-2026

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

The best time to sell really comes down to your situation first—your goals, timing, and needs—then the market helps guide the decision. A local realtor can show you recent sales, how fast homes are moving, and whether they’re selling at or above asking. If homes are moving quickly, it’s a strong market, but trying to time it perfectly is tough—so the smartest move is selling when it makes the most sense for you.

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

In NY, you typically only need to disclose issues that directly affect your property—not everything happening next door.

Why does the seller pay all the commission?

Asked by Adelina | Buffalo, NY | 08-09-2023

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

It might look like the seller pays everything, but really the commission is built into the sale price—so the buyer is indirectly covering it. Sellers usually offer a split commission to attract more agents and buyers, which can help them sell faster and for more. And now, everything is negotiable depending on the deal

Who pays for repairs?

Asked by Clive McJervit | Jericho, NY | 12-20-2022

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

You’re not required to fix anything unless it’s in the contract—repairs after inspection are negotiable. You can fix it, offer a credit, or say no. It really depends on how serious the issues are and how strong your position is in the deal. If the deal falls apart, you’re back to square one—and you’ll have to disclose those issues to the next buyer anyway. It’s usually smarter to just fix them now and keep things moving forward.

do you pay tax when selling a house?

Asked by Jill | Forest Hills, NY | 11-18-2022

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

If it’s your primary residence, you usually get a big exemption on captial gains. NYC $250,000 tax-free (single) $500,000 tax-free (married) 1. State tax The New York State Real Estate Transfer Tax 0.4% of the sale price 2. NYC portion The New York City Real Property Transfer Tax 1% → if sale price is under $500,000 1.425% → if $500,000 or more

Can I sell as is?

Asked by Richard | Cooperstown, NY | 08-03-2021

Imam Hasan
Imam Hasan05-05-2026 (4 days ago)

Yes, you can absolutely sell the property **as-is**. Just keep in mind you’ll still need to disclose the roof leak and any known damage. Most buyers—especially investors—will factor those repairs into their offer, so the price will likely be lower than market. If you price it right for the condition, it can still sell