Fern Hamberger 646.660.0060 answered:
I am sellin my 57th Street Midtown 1 bedroom coop FSBO. Is it better to pay 4% commission or reduce sales price 4% to get buyer direct with realtor?
It is always best to list with a broker, because eventhough you will have to pay their commission whcihc is usually 6%, you will be able to sell your listing at a higher price, since yo
... more
Annette Levinson answered:
im a fist time buyer my credit score is 600 and i only have 5% down payment what my chances of buying a home in staten island ny
Camille,
You need a score of 640+ to get a mortgage. Go to Neighbor Housing Services in Staten Island for credit counseling. They are a great group. They will tell you what you need to
... more
Annette Levinson answered:
where to start?
You really need to work out a budget with a mortgage officer. There is a big difference between condos and coops.
The sellers are allowed to pay for your closing costs up to 6% of the
... more
Raoul Sodogandji answered:
Two remaining desks in our new location. If you are interested or know of other agents, please check us out @ www.plazagroupnyc.com. Good Day*
Elena,
The guy is a broker at Plaza Real Estate Group.
And he quoted: "Two remaining desks in our new location. If you are interested or know of other agents, please check us out
... more
Ron Zucher answered:
Should I get my real estate license to become a better real estate investor? I wish to become a real estate agent and mortgage broker! I want investo
A license does not make you a better investor. Good advice and calculation makes you the investor you want to be. If you like to invest in New York or Florida real estate than e-mail me
... more
Ron Zucher answered:
What is the crime like near 125th St Metro North stop? What is the crime like along Amsterdam Ave near City College campus?
we as agents are not allowed to answer such questions. Please go to your local precinct
Jerry Trudell answered:
Looking for a nice area in Brooklyn
If you want an affordable neighborhood, to find something larger than a studio , for 2000 dollars, you may have trouble finding what you want in what are sometimes referred to as "Prem
... more
Kaycee answered:
How do I report unethical behavior by a real estate agent?
We had a similar situation in Syracuse where everything was signed and accepted, on the 3rd day they decided to cancel offer due to someone else coming in with a higher offer and they
... more
Joseph C. Hastings answered:
What does no OP offered mean? I believe it has something to do with a commission offer or split between realtors?
Hi Joan. Just to reiterate, because sometimes six exact responses are simply not enough.
OP = Owner pays the brokers commission.
NO OP = YOU pay the brokers commission.
What do
... more
Marina Simonian answered:
I just got my salesperson license. Now I've got to choose a sponsoring agency.
Its best to get recommendations from your friends that are agents. I'm with VasTree in Los Angeles. I don't think they are taking agents in New York right now. Good luck!
Marina from
... more
Joan Rajalingam answered:
i am looking for an apartment 1or 2 bed, 1 or 2 bth but i am looking for a weekly or month by month contract
How many months are you looking to rent?
Elena Ravich, Manhattan Midtown West & UWS Sales and Rentals answered:
I presently live in FL AND RECENTLY INHERITED A PROPERTY IN NY I would like to sell.
Although it never hurts to do your own research, you can only rely on a professional advice that at the end of the day is going to save you money - you are risking too much by not havin
... more
Dom Pascual answered:
Condo in Manhattan or Multi Family in Brooklyn?
Truett is right. Decide what you want before talking to a broker.
Truett Hankerson answered:
If I want to sell a brownstone house that is 100 years old, has 4 bathrooms and bed rooms, and still stays in great condition, how much would I get?
That is a loaded question Sebastian. Harlem is an area that is undergoing changes right now so if I was your parents and could I would try not to sell the place but rather make it a ren
... more
Truett Hankerson answered:
What area of NYC is currently trending with investor purchases?
Right now the Upper East side is going thru major changes. Properties are undervalued and they will be rising. However it really depends on what you are looking for in a property. I can
... more
Sonia Virtue answered:
However, I just received my renewal and they are trying to raise my rent $100.
Unfortunately, or fortunatley (depending on which side of the market you are on ie renter vs landlord), the market has changed drastically in the last few years. Right now there is a l
... more
Roberts answered:
I do have a voucher section8 , and I would like to find a place in NYC. I will pay commotion
Please contact me for assistance. My name is Dennis and I can be reached at 212-714-1027 ext 12. Thank you and good luck.
Allan Erps BHG/Rand Realty ABR,SFR,E-PRO,REALTOR ยฎ answered:
I failed my course final exam, =-( Has this happened to anyone? Does this mean I should give up on my real estate dreams?
Give up? In our business we would all need to get another line of work if that were the case! Stay the course and keep your dream alive!
Joseph C. Hastings answered:
This is my first apartment. When I first moved in, i was told that my rent will not increase but about $5-$10.?
Hi Kamwsha. Check your lease to see if you are rent stabilized or free market rent. If you are stabilized the increase can only be the percentage allowed by the rent stabilization board
... more
KVNY Real Estate Expert answered:
saw listings at very low prices w/ month-to-month leases; are longer term stays typically available or are these tyically for only a month or two?
Dear Caroline,
Month to month leases are generally more expensive than a 12 month lease. Short term furnished apartments are generally 30-50% more when compared with a year long unf
... more
