
- How many rooms do you see? What would a broker say?
Granted you are more likely to worry about the amount of square footage in a co-op, condo or townhouse than the precise number of rooms when judging the price. But room count is neither irrelevant nor debatable in the eyes of the New York City Administrative Code.
Nor is it acceptable–legal or ethical–for a broker to misstate the number of rooms–either because of ignorance of the definition of a room or because of a desire to inflate a property’s characteristics.
Generally, a room must have minimum dimensions of (more…)
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The High Road: How many brokers count right?
December 7, 2010Granted you are more likely to worry about the amount of square footage in a co-op, condo or townhouse than the precise number of rooms when judging the price. But room count is neither irrelevant nor debatable in the eyes of the New York City Administrative Code.
Nor is it acceptable–legal or ethical–for a broker to misstate the number of rooms–either because of ignorance of the definition of a room or because of a desire to inflate a property’s characteristics.
Generally, a room must have minimum dimensions of (more…)
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Tags:Apartments, Broker ethics, Co-ops, Condos, Dining space, Foyer, Living room, New York City Administrative Code, New York Real Estate, New York State Consumer Protection Law, Real Estate Board of New York, REBNY, Townhouses
Posted in Brokers, Co-ops and Condos, Commentary, New York City, Real Estate, The High Road | Leave a Comment »