Forum: Brokers
July 24, 2008
Park Slope co-op realtor recc's?
I'm planning to sell my (South) Park Slope co-op. Does anyone have any specific realtor recc's? (Was thinking about talking to Corcoran, for the exposure...)
Also, is there now a coherent Brooklyn MLS that makes the realtor's firm-size less important? (When I bought there wasn't, but I heard rumors of one in the works...)
Corcoran and Citi - Reputable?
We thought we would share our story with all of you who are lovers of Brooklyn and use brokers for rentals and/or sales. We have dealt with very professional brokers like Urbanviewreality and Aguayo&Huebener but we thought we needed to share with you an experience with two large brokers - Corcoran and the Citi- Habitats - that was most unpleasant and should be noted for all who may be considering engaging them for representation.
The summary of our experience with Corcoran & Citi are that they expressed very little professionalism and neither broker upheld their obligations to us as renters. As a result of not ensuring that all of the tenets and requirements of our rental were upheld by the landlord (and subsequently not representing, in good faith, the interests of us as a renter), the resulting experience was one that was so acrimonious between my landlord and myself that we were ultimately left with finding a new apartment (only a few weeks after the start of the lease). The brokers were not knowledgeable about basic New York rental laws nor were able to understand the basics around the proper structure of a rental lease - two bare-minimum expectations when engaging an "agent" for my interests.
After sending emails to both companies (to executives) explaining the situation and expressing concern that as agents representing a "buyer", they should either offer to help us find a new apartment at no additional fee or refund the hefty $5K+ fee we paid, neither ended up happening. We ended up scrambling to find a new apartment on our own and were out a significant amount of money.
Reputable firms? I’m sure the CEOs of both firms make sure that their staff is trained and act with vey high ethics but I guess they should take a harder look at the people they hire and how they treat their customers. Bottom line, if you want a smooth and professional experience stay away from these 2 firms…
July 8, 2008
Seller sold builing without brokers knowledge.
This may be a silly question but any feedback would be appreciated. We made an offer on a brownstone in Bed Stuy, offer was accepted as we are working through the contract the broker calls to tell us the seller has sold the building to an all cash buyer without his knowledge. Do we have any recourse or is this just the NY real estate jungle?
June 26, 2008
Renting a Store
Who is the best broker in Park Slope to use for renting a storefront? I'm letting my tenants out of their lease at the end of the month and I'd like to get someone else in their as soon as possible.
June 16, 2008
Ditmas Park Realtors
Has anyone used Brooklyn hearth realty to sell a place or any recomendations would be appreciated.
May 26, 2008
Bklyn House Who do agents have to show to?
If I sign with Elliman are they obligated to show a Bklyn house if a potential buyer is interested but the contact is thru another agency? Also, is 4 percent a reasonable commission? Thanks.
May 9, 2008
need European/English broker
Would like to find a brokerto rep my building
outside of the city any contacts?
April 9, 2008
Vanguard 6
Anyone know who is currently handling the sales for Vanguard 6 in Park Slope?
March 20, 2008
WHY BROKERS DO IT?
Since everyone love sto bash a broker or two (especially Corcoran's) can anyone tell me why brokers will price something so out of price range of every freagin' comp in the area and GET THE ASK PRICE? So many FSBO's who can't attract w/ a better price than what an agent who has jacke up a price to cover the commission and still get the price they ask? Frankly I find it disgusting.
March 13, 2008
Making an offer
I'm sure some kind soul will comment about how idiotic this is, but how exactly do you make a formal offer? I'm not using a buyers broker, so do I just call up the sellers' and say "I offer $X"? Does all the contingency stuff only come up afterwards with the contract or do I need to specify things like that now? I have a lawyer and mortgage lined up, but realized I don't know how this step goes.