Recently, there has been a lot of press about Streeteasy, its decision to charge for rental listings and the reactions from various brokers. NYC buyers may be wondering how the changes are impacting the for sale market.   Round One – Zillow Acquires Streeteasy We mentioned previously how Streeteasy has dramatically improved access to information over the...Read More

  With so much money to be made on every transaction, it’s surprising that commission rebates are virtually nonexistent in the NYC real estate market. Sure, just like you, brokers would prefer to make more money than less but why else aren’t more buyers collecting a commission rebate?   What Does Economics 101 Tell Us About...Read More

  Anyone that has considered buying an apartment has probably been told their broker is free. The seller is paying everyone’s commission so why not use one? Unfortunately, most buyers don’t stop to think why that may be the case.   How Does A Buyside Broker Get Paid? This is a seemingly simple question that...Read More

  A lot has changed in the NYC real estate market over the last ten years but if there has been one constant, it has been brokers and the extremely large commissions they siphon out of most transactions. Despite information being dramatically more available, brokers are as prevalent as ever and their commissions have increased...Read More