another first time buyer
I went to an open house yesterday at 284 Clermont Ave in Ft. Greene. The sign outside said Prudential, and the shady guy inside claimed he was a Prudential broker “who just dressed casually”. He also seemed unfamiliar with sign-in sheets, and kept trying to tell us he could be our contractor if we ever…
I went to an open house yesterday at 284 Clermont Ave in Ft. Greene. The sign outside said Prudential, and the shady guy inside claimed he was a Prudential broker “who just dressed casually”. He also seemed unfamiliar with sign-in sheets, and kept trying to tell us he could be our contractor if we ever needed one. Anyway I had another broker look into it and it seems the property isn’t in the listings, so probably FSBO. I called and left a message with Prudential to look into it. I want to put in an offer but seems suspect, has anyone run into anything like this before? To be avoided I assume?
REBNY is a trade assoc. most of the major firms: Corcoran, Prudential D Elliman, Halstead, and many other mid level and smaller companies belong to. In addition to the rules all licensed NYS brokers have to adhere to. Rebny has additional protocols regarding sharing exclusive listings, advertising, and open houses etc etc. It’s supposed to make co-broking between member brokers more consistent, professional, and honest – in theory anyway.
Banks will definitely see the recent sale at #288 (365/sq ft; making 284 around 700k) so eventual buyer stands good chance of being asked by the bank to put down a much bigger down payment in order to get a mortgage.
800k is good price relative to listings out there current. However given econ is still weak, similar or better deals will pop up more & more.
i’ve heard there is a full price offer and 2 at 800 so i may to be moving on to other pastures…
Ok folks here are the details about this place:
The broker Anant Chetram is a subsidiary of Prudential who runs his own major agency out of Queens…very successful business (> 50 agents) so he hardly ever comes out to FG. Instead he lets one of his guys show the place and in this case the place is shown by his Asian buddy who leaves in the hood…still “in training” and clueless but nonetheless a nice guy 🙂
The house in question is a gut but was in far worse condition last year and the owners from Long Island were asking a delusional $1.2m before the market tanked. Now Anant has done some minor sprucing up and the ask has been reduced significantly with room to bargain. Last year we offered $900K pre-Lehman and was told to NO WAY JOSE 🙂 We even had an estimate on redoing the facade like the house next door that belongs to the model….Wow how happy now that our offer wasn’t considered. Someone else placed a down payment but reneged when the DOW nosedived… triste mais vrai.
Hey ran this can be a great single family or 2 family pad and @ $775K this would be an excellent deal in prime FG but meanwhile good ole PDT has moved on to other pastures:)
Recently that other white painted house (288?) 2 doors away sold quickly and relatively inexpensive (~$365 / sq ft) so it’s not helping the comp’s. if banks look at that transaction as comp, they’ll appraise this at no more than $700k (ie 365 x 1900 = 694k).
There must be maybe title issues, or tenant issues, or he wants some crazy amount of money, or something else going on there, because as I said, the house appears to have been for sale forever, yet it sits. That’s not normal in the market of even the last year.
If this is the house with white paint (over brownstone), it has been in danger of foreclosure for many, many years. About 12 years ago, we had an accepted offer through a real estate agent and waited a while for a signed contract — which we never got. It was a very shady deal and I was tempted to report the real estate agent . . .
also, what is Rebny mean as opposed to other firms?
He also said he did all the work on the house himself. I called him to ask him if I submit an offer through a broker will the broker get paid and said I was ready to put in an offer and he never called back.