I recently attended a luncheon for NYC agents/brokers recognized as top real estate professionals by REAL Trends and the Wall Street Journal. There was a panel discussion about the state of the market. Get in touch to hear the highlights or with any other real estate questions.
Enjoy the rest of your summer.
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LOVE THIS!
Buildings with pools. The new owners of this 2BR at Zeckendorf Towers will have access to this sky-lit year round pool, a sundeck, rooftop gardens, health club, sauna/steam room and many more amenities. See the condo for $1.995M that goes along with the pool here. |
FAQ Do I need a buyer's broker/agent? Some purchasers believe they can get a better deal without one & can navigate the process alone. Buyer's agents are paid by the seller of a property so it doesn't cost a buyer anything to have an expert in their corner. The process of purchasing is complicated (esp. new development or a co-op) and time-consuming. Lastly, there are a lot of details and intricacies involved throughout the process. Buyers' agents can actually SAVE a purchaser money!
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FROM THE DUMBO DESK
DUMBO Market, located at 66 Front Street, is a 16,000-square-foot grocery store that will offer a full deli, butcher and seafood department, a bakery, produce and fresh-cut flowers. From the owners of Brooklyn Harvest Market in Williamsburg, it's expected to open this year. |
Top 5 Misconceptions about Real Estate Agents |
- Real estate reality shows are an accurate representation of the industry -- as much as I love watching them, most agents do not meet their sellers over lunch to present offers. That is done via phone, email or very often, text messages.
- We make a lot of money quickly -- not true. It takes years to cultivate a business. The successful agents will put the time & effort in and work on building long-standing relationships with customers.
- Our job is easy -- goodness, no. It takes a thick skin to be in our business. A good agent will be hard-working, knowledgeable, always learning, detail-oriented, able to work with many types of people, can handle rejection and the ups and downs that come with real estate.
- Real Estate is a dog-eat-dog industry -- while it's definitely a competitive field, the smart agent will be friendly, helpful and respectful to the agent community. Being nice doesn't negate being a tough negotiator when on opposite sides of the deal. The real estate professionals I know are wonderful, smart and honest people.
- The agent keeps the entire commission -- we wish! No, the commission is paid to the brokerage firm and the agent gets a portion of the fee. If a deal has both a listing agent and a buyer's agent, the commission is shared by the two firms and their agents. Then the agent's "split" with their firm depends on the company's model and the agent's productivity.
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Prospect Lefferts Gardens |
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© Compass 2018 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker and abides by Equal Housing
Opportunity laws. All material presented herein is intended for informational purposes only.
Information is compiled from sources deemed reliable but is subject to errors, omissions,
changes in price, condition, sale, or withdraw without notice. No statement is made as to
accuracy of any description. All measurements and square footages are approximate.
Exact dimensions can be obtained by retaining the services of an architect or engineer.
This is not intended to solicit property already listed.
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