Frequently Asked Questions

Turn Key Real Estate offers assistance in Selling, Investing, Purchasing, Renting, and Leasing Residential and Commercial Properties.  The Broker, Philip A. Raices, has 3 of the most crucial and critical certifications that the majority of Brokers, Associate Brokers, and Sales agents do not have, that are the elite and exclusive Designations as a Certified International Property Specialist (CIPS) sanctioned by the National Association of Realtors to be able to conduct and perform business Internationally, a Graduate of the Realtor Institute (GRI) also sanctioned by the National Association of Realtors and what is considered a “Master’s Degree” in Real Estate. Also, Philip A. Raices, Pres/CEO, Broker Consultant, holds the “Green” Certification sanctioned by the National Association of Realtors for Eco-Friendly Low Carbon Footprint Construction/3-D Printed Foundations/Solar Panels/Energy Cells for large Apartment buildings/Geo-Thermal HVAC/Heat Pumps and Water recycling for conservation and preservation.

Turn Key Real Estate serves Long Island, Nassau, Suffolk, Queens, NYC, the five boroughs, other U.S. states, and international markets, helping clients navigate both local neighborhoods and global property opportunities.

Yes, Turn Key Real Estate will guide first-time buyers, sellers, investors, renters, and those leasing residential and commercial properties through the sometimes tumultuous, arduous, and challenging process from the beginning through negotiations, financing, contract, suggested and recommended seller pre-inspections, purchaser inspections, the walkthrough, and final closing.  Turn Key Real Estate also offers suggestions and advice with numerous contractors from constructing a new home to repairs and upgrades of you heating, electric, plumbing, flooring, kitchens and bathrooms, HVAC, windows, painting, plastering, roofing, (gutters and leaders and leaf prevention systems),   landscaping (walkways, patios, driveways), handymen for small jobs,  explaining options, paperwork, and investments clearly while providing support for both local and international property purchases.

Yes, Turn Key Real Estate provides property management for residential and commercial spaces, including tenant screening, rent collection, maintenance oversight, and full administrative support for stress-free ownership.

Absolutely. Turn Key Real Estate helps clients find rental and lease properties locally, nationally, and internationally, assisting with lease agreements, tours, and selecting homes or offices that fit needs and budgets.

Yes, Turn Key Real Estate manages commercial listings, including offices, retail, and industrial buildings, helping investors and businesses locate, sell, or lease properties with strategic insight and global expertise.

We will provide you a “Free,” “No Obligation,” “No Strings-Attached,” Value Analysis to determine as accurately as possible a carefully thought-out listing and selling price.  This will be accomplished by utilizing what is currently on the market for sale, pending (under contract), sold (closed within the past six months), expired(most likely overpriced),  and those properties that were withdrawn and released, due to the seller not getting acceptable offers and not receiving what they thought was the correct price or deciding to stay and removing their listing from the market.

Clients start by completing the contact form with human verification. Turn Key Real Estate then reviews goals, shows listings, or evaluates properties, and guides clients step by step to closing.

The following is the process for sellers and purchasers to receive our professional and expert services:

Sellers:  We will create a value analysis by asking pertinent questions as to what repairs and/or upgrades the homeowner has completed in the last three to five years in order to ascertain the overall condition of the home, townhouse, condo or coop.  This will assist in painting a picture of the property to aid in determining a listing price at or just below the market value.  This will create an extremely competitive situation amongst similar properties within the immediate area.  This will generate a “ricochet” effect with new or previous purchasers who have not or have seen other similar properties to come out and view this new listing.  This in turn will potentially create a “bidding war” environment predicated and depending upon several variables, such as current demand, total available inventory and the number of months of available homes.  

Statistically, normal inventory is six to seven months, the lower the inventory the greater the demand potentially could be with increased prices (supply/demand economics 101) and the higher the inventory, most likely the lower the demand and prices tend to decrease  (supply/demand economics 102).  

We will explain and convey in a detailed description and analysis, how our selling process functions over the listing period.  We will walk through your home and point out any items that might impact the sale of the property and make suggestions to rectify any issues, if possible.  We do suggest and advise that a seller consider a pre-inspection if their home is twenty years or older to determine the overall condition of their home mainly to see if there are any major issues that the homeowner might not be aware of such as with their heating, plumbing, electrical, roof, foundation, etc.  This will allow the seller to either repair any issues or provide a credit to the future buyer.  However, the seller will, by law, have to fill out and complete a forty-eight questionnaire property condition form that must be provided to the buyer prior to signing the contract of sale.

We will market the property, through targeted advertising, flyers for our L.E.D. window display and throughout the neighborhood, internet exposure, virtual and drone tours (as needed) and photos, to open house traffic, and private showings.  This will hopefully and successfully lead to potential offers, an eventual “agreed and accepted” offer, with either a commitment letter from the buyer’s lender or a document showing “proof of funds” if paying outright in a cash transaction for their purchase.  Turn Key Real Estate and its’ associates will always strive for a seamless and stress-free process leading to a happy ending in the sale of the home.  This in turn will provide us future referrals from both sellers and buyers.

Buyers:   We will always qualify our purchasers as to their budgets, credit scores and debt to income ratios.  This will enable our associates to know in advance how strong their buyers are in the purchasing and/or renting process.  This will become crucial and critical when it involves the purchase of coops with the required board applications and the approval process.  Buyers generally will have to be in a much stronger financial condition in getting financing as well as passing and getting board approval.  Purchasing a single family home can be less stringent and invasive, but will still require optimum financials to receive the lowest interest rate.  We can advise and suggest  several mortgage professionals, home inspectors, attorneys, contractors etc. to aid them in the process of purchasing before, during and after the sale, from the initial research in finding quality or fixer-upper properties, to their inspection and the final walk-through prior to closing.  We will be with you from start to finish making the journey as simple, seamless, stress-free and successful as possible.  This too, will assist our real estate brokerage in gaining valuable future referrals from our buyer clients.

We provide Broker Price Opinions (BPOs) as well as standard appraisals,by Certified Appraisers, as and when requested and needed for bank financing or court requests when it involves Probate and Estate issues and/or conflicts in settlements.  We are also on Part 36 of the NYS Court System for indigent and/or nursing home individuals and/or those who have passed and require a qualified professional and expert Broker.

Yes, Turn Key Real Estate handles all documents and closing steps, ensuring compliance, smooth processes, and clear guidance for buyers, sellers, and investors locally, nationally, and internationally.

Yes, Turn Key Real Estate lists condos, co-ops, and houses, offering local, national, and international clients access to high-quality properties that meet lifestyle and investment needs.

Clients can call (516) 829-2205 or (516) 647-4289, or use the website’s contact form with verification steps to ensure human interaction, connecting quickly to a qualified agent.

Yes, Turn Key Real Estate includes beachfront and waterfront listings, helping clients find desirable coastal homes and investment properties that meet high-quality standards.

Turn Key Real Estate stands out for CIPS, GRI, and Green Broker certifications, global reach, and personalized support, helping clients find properties that match lifestyle, investment, and international goals.

1. We are a boutique brokerage offering more of a customized consultative hybrid form of service.
2. We are not into the typical “sales mentality,” but do our utmost best to listen to your “specific needs and wants in finding your next place to call home, whether selling and buying,investing, purchasing or renting.
3. We do not try to sell you the “favorite flavor of the month” but determine by performing as excellent listeners to what you require based on your budget, style of home, number of bedrooms and baths, locations, school district etc. One of our slogans is location, location, school district when most clients request to be in the best schools based on their affordability and budgets.
4. For buyers, we will customize your search based on specific details, features and characteristics and put you into our automated “prospect matching” system based on your specific requirements, needs and wants.
5. For sellers and investors, we will provide you with an extremely detailed value analysis and marketing strategy for  your property when selling, to search out and locate the most qualified purchaser and negotiate and  produce the best price and/or return on investment (R.O.I.)
6. We will hold your hand and carefully walk you through the processes always explaining in detail right from the start to the closing table, always having your best interests in mind.
7. We will always strive to represent our clients in the most transparent, fair, candid and upfront fashion as possible to create the rapport and solid and long term relationships that any successful enterprise would expect,  need, and want. 
8. Developing a long-term connection with our clients will require our associates to stay in touch periodically after a sale or rental to keep the relationship active and ongoing into the future and to never forget about why this is so important in the developing and scaling of their businesses for endorsements and testimonials which will lead to consistent future referrals. 
9. Our motto is “For Service, Before, During, and After the Sale”

Yes, Turn Key Real Estate offers both sales and rentals for residential and commercial properties locally, nationally, and internationally, providing clients with a wide range of investment and living options.