Sunset Park Brownstone Broker?

Thank you all for your comments/advice. I have another question. My mom's house is actually 4 floors (I forgot about the basement) but is in need of a great deal of repair work: rewiring, central air, new kitchen, etc. That being said, it has all the original wood paneling and fireplaces, and is structurally sound. Are buyers willing to spend $850K-$900+K for a brownstone that would require this type of investment? I live in D.C., so I don't know what the real estate market looks like in Brooklyn these days.

Posted by: dalyd at September 15, 2009 5:02 PM in response to Sunset Park Brownstone Broker?

Send the address and the pictures.

Posted by: Crooklyn at September 15, 2009 5:06 PM in response to Sunset Park Brownstone Broker?

A brownstone on 44th street between 5th and 6th ave. was sold for $800k in 2007 and it needed work so you would be in the ballpark.

Posted by: janko at September 15, 2009 5:18 PM in response to Sunset Park Brownstone Broker?

Some good real estate companies in Park Slope would be:
Corcoran
Brown/Harris/Stevens
Betancourt
Warren Lewis

I would say those are your 4 best bets

Posted by: gemini10 at September 15, 2009 5:21 PM in response to Sunset Park Brownstone Broker?

See this Brownstoner House of the Day post for more info on current sales prices in Sunset Park:

http://www.brownstoner.com/brownstoner/archives/2009/08/house_of_the_da_748.php

Posted by: mopar at September 15, 2009 5:30 PM in response to Sunset Park Brownstone Broker?

I agree with the other posters. I've bought and sold using both Corcoran and Brown Harris Stevens in Brooklyn Heights, and, in my experience, Corcoran did the superior job. I recommend Gail Morin at Corcoran (ggm@corcoran.com).

Posted by: CKDexterHaven at September 15, 2009 5:31 PM in response to Sunset Park Brownstone Broker?

I would recommend Aileen Truesdale at Brown Harris Stevens. She is very professional and understandable when it comes to a house that has been in a family for a long time. Where is this house located? Good Luck!

Posted by: dragontales at September 15, 2009 5:38 PM in response to Sunset Park Brownstone Broker?

"(don't go higher than 6%)

Posted by: gemini10 at September 15, 2009 3:36 PM"

Is that the going rate for commission now? For comparison, the rate in the UK is 2.5% for sole agency with a big-name agency (2% for most places) and even that is considered meaty with a lot of calls for it to be lowered.

Posted by: the chicken at September 15, 2009 5:50 PM in response to Sunset Park Brownstone Broker?

here's an article talking about it earlier this year:

http://business.timesonline.co.uk/tol/business/law/article5933639.ece

Posted by: the chicken at September 15, 2009 5:52 PM in response to Sunset Park Brownstone Broker?

6% was standard before the real estate meltdown. But I have heard (from brokers themselves) that even "name brand" brokers (Corcoran, Brown Harris) were accepting 4% a few months ago.

Posted by: pmmtenement at September 15, 2009 6:05 PM in response to Sunset Park Brownstone Broker?

6% and you're being robbed. You can easily negotiate 3% in the current market.

Posted by: Zarathustra at September 15, 2009 6:29 PM in response to Sunset Park Brownstone Broker?