The forms spell out who is representing whom — namely that the listing broker has only the seller’s best interests in mind. However, rare is the listing broker who complies with a statutory requirement to explain the form in more than a few words before buyers sign the thing.
What some brokers working for sellers apparently don’t understand is Continue reading
Clean windows, polished floors, organized closets and sleek kitchen all communicate positive aspects of any home being considered by buyers.
One characteristic that is not usually noticed at once also can have a decided impact on first impressions and subsequent appreciation of properties on the market.
That is the walls, especially in pre-war apartments and townhouses. The shape they are in speaks volumes. They thereby affect prices in ways that can elevate or depress the selling price.
Consider the photo above. Perhaps you can Continue reading
Anyone planning to undertake major renovations in a co-op apartment faces a forbidding task. Without the building’s prior written consent to undergo structural alterations of an apartment, count on trouble ahead.
If you are a brave soul with plans to expand the kitchen you soon will acquire, add a bathroom or take down a wall, there is no guarantee that the co-operative will approve the alteration request.
Many boards won’t even consider Continue reading
I frequently am asked why I publish this weekly feature. Well, not frequently. Actually, not at all.
But I thought you might permit me to indulge myself with an explanation.
It happens that I (among others) believe it is essential for real estate agents to get to know their market intimately. That means not merely reading listings online but kicking the tires, as it were.
Not to toot my own horn too loudly, let me express my sense that only a minority of us go to the trouble of checking out listings personally just because they exist. In other words, we don’t look at properties that might interest only a particular buyer but properties that may fit the needs of the next buyer as well.
The process of thereby learning the market takes a fair amount of time and uses up an unholy amount of shoe leather. One week, I counted Continue reading