277prosppl031107.jpgWhy do people continue to hire brokers who have zero presence on the Internet? It’s absolutely crazy. Take the owners of this place on Prospect Place. Maybe a slight stretch at its asking price of $1.5 million (“negotiable,” according to the broker) because of it narrowness, but they might as well be asking $3 million given how little exposure the place is getting. In addition to not even having a basic website, the broker has not, as far as we’ve noticed, put any ads on Craigslist or the NY Times online. When we asked whether there were any photos of the interior anywhere on the web, the broker responded, “Not at this time.” What a joke. So for the six percent the $90,000 or so they will end up paying this woman and her firm, they are getting a $30 sign in their front yard. Sounds like quite a value! This broker doesn’t deserve us even printing her number. Go knock on the owner’s door and offer them $1.3 million directly instead. We bet they’ll take it. GMAP P*Shark


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  1. Hey, Anonymous at March 12, 2007 11:36 AM, that place 273 Prospect Place sold for $860,000 in 2003. I don’t know if it has been resold since than, but the mortgage recording office does not have anything about a new sale, or at least it has not been recorded and posted yet.

  2. “Your advice… offer $1.3. Just what the neighborhood needs, lower comps…”

    yeah, 1.3 million for an ok neighborhood. what a travesty.

    in a more normal world, this house would be more like 800K.

  3. This house has been on the market for almost a year. It’s right across the street from me, and had a Century 21 sign out front for months. They were asking $1.7 million before, which apparently they didn’t get much interest with.

  4. This house has been on the market for almost a year. It’s right across the street from me, and had a Century 21 sign out front for months. They were asking $1.7 million before, which apparently they didn’t get much interest with.

  5. That is a disgrace and a disservice to those owners even if the broker is getting 1%. I would know. I am tempted to call the owners and tell them that they are getting ripped off but I’m sure they know by now. It goes to show that you get what you pay for.
    Choose your Broker wisely it can be the deciding factor on a lot of unnecessary headaches. Asking for references is a great way to see just how competent your broker is. I always recommend my agents carry at least 2 or 3 references with them to new or perspective customers. Moving is hard enough for many reasons and there’s no excuse to hire people and have their laziness or carelessness making it harder on you.
    There is no better feeling then making any move a stress-free and enjoyable experience for all the parties involved. Everyone deserves that.

  6. All that might have looked easy to you Brenda, but there may have been a lot of work behind that — such as getting the house ready to be shown, putting (and paying for) that ad in the Times (and who knows how many ads were paid for) and working with the attorney and owner to make sure the closing went smoothly. And maybe in your case it was easy, but trust me, more often it’s not.

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