Michael L. McVinney | Real Estate Broker

Category: Real estate agency

Address: 23 E 3rd St #100, Jamestown, NY 14701, USA

Phone: +17166400104

Opening hours

Sunday: 9:30AM–5PM

Monday: Open 24 hours

Tuesday: Open 24 hours

Wednesday: Open 24 hours

Thursday: Open 24 hours

Friday: Open 24 hours

Saturday: Open 24 hours

Reviews

Andrew Graziano

Oct 8, 2021

Michael’s knowledge and connections within the WNY market are a great asset to anyone looking for help in with commercial or residential real estate. Michael is well known for excellent communication and tenacity in negotiation. He has worked harder for us than any broker we have worked with in the past. I would highly recommend Michael to anyone!

Peter Johnson

Sep 29, 2021

Mike has been nothing but professional, diligent, and hard working to help my business partner and I in finding our next multifamily residential investment property. He has outdone himself, and we look forward to continuing to work with him in the future. He has his thumb on the pulse of the market, and continues to be a highly valuable resource. I hope I don't regret blowing this best kept real estate secret weapon! Can't recommend him enough.

Marius Butas

Jul 17, 2021

Worked with Mike recently he helped me with a few multi family purchases , I am a realtor myself but don't have a license in his area . I couldn't have picked a better partner to help me and have my best interest at heart. He always responds to me, he is really hands on goes out and does visits , walks videos and connects me with resources I need . He handles everything on time and it doesn't matter day of week. I am really happy to have found this firm and Mike. I will only use this firm.

Mark Wood

Jun 1, 2021

Mike is ABSOLUTELY AWESOME. Talk about going "above and beyond"! I live long distance and he went right over to the building I was interested in on SEVERAL occasions to shoot video, virtually walk me around the entire property, met with contractors... everything. Can't say enough about this guy... do yourself a favour and work with him you won't be sorry!

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Questions & Answers

Are real estate prices negotiable?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

Yes, yes, yes! Negotiation is something that I love! One of my jobs as a Realtor is to negotiate for my clients ultimately keeping or making as much money in their pockets as possible. Some people and agents are afraid of negotiations…don’t be.

What is an agent’s commission fee?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

Agents usually only get paid when a house sells at closing, from the proceeds of the sale. Typical commission is around 6%, but, they may have a minimum for a low projected selling price. The commissions are typically split 50/50 between Buyer Agent and Seller Agent. Then Buyers Agent and Sellers Agent split again with their Brokers…commonly also 50/50. Whats left covers expenses, taxes & profits.

Is there a reason my home’s assessed value differs compared to the market value?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

Yes, assessments are done by tax assessors who are paid to find value that can be taxed. They typically only do a drive-by of the house and have no idea whats inside. The market value is a price for the home that is agreed upon by a Buyer and Seller. A good Realtor can do an analysis that can predict the market value based on other homes that have sold in the area.

What is the selling price of my home?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

The value of your home depends on many factors like location, maintenance, size, amenities, etc. It is important to get an objective assessment of your house, an assessment that isn’t influenced by emotion. As a Realtor, I would be happy to help you with this.

How long will it take to sell my home?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

The time it takes to sell your home is influenced by many things like the real estate market, price for the home, type of home, maintenance of the home, school district, etc. You could list two houses for sale on the same street and one could sell overnight and the other could take weeks. A good house that’s listed right may take 4-6 weeks to go under contract and take several more weeks to close.

Should I order a home inspection?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

Ordering a home inspection before listing your home for sale isn’t a bad idea. Most Buyers will have a home inspection done and they will look for ways to negotiate. If you get an inspection, you will be able to correct any issues before they become known.

How should I prepare my house before selling it?

Michael L. McVinney | Real Estate Broker | Oct 28, 2021
Michael L. McVinney | Real Estate Broker | Oct 28, 2021

Home Buyers are paying attention to every little detail and looking for reasons to walk away or negotiate a lower price. You will want to create a list of all the little details that you can easily fix…broken or mission switch plates, painting a room, repairing a wall. If Buyers see some small things, they will start looking harder! Also, minimize knickknacks and furniture. Your Realtor can help you prepare.

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