The vast majority of buyers and sellers in New York City use a real estate broker for their transactions. Or do they use a real estate agent? Realtor? Brokerage? These terms are often thrown around interchangeably but represent different parts of the real estate industry and each is a slightly different type of real...Read More
While searching for an apartment, buyers sometimes find a listing that’s too good to be true. It’s very similar to all the others except it’s dramatically cheaper. Upon further review, they notice the maintenance is much higher than other listings. What’s going on? Chances are, they’re dealing with a ground lease. What is a...Read More
After a little bit of homework, most buyers and sellers learn the basic taxes associated with buying, owning and selling real estate in New York City. There’s the mansion tax, transfer taxes, mortgage recording tax and property taxes. The one “tax” that is often a surprise is the flip tax. All buyers, especially co-op...Read More
A common fear across New York City, especially in the summer, is an improperly installed window air conditioner unit falling out of the sky and crashing onto the sidewalk below. While that’s certainly something everyone would like to avoid, nobody seems concerned about the millions of bricks dangling above their heads. For that, you...Read More
How Does Yoreevo’s Low Commission Business Model Work? One of the most common questions we get from clients is, “How do you guys make money?” Yoreevo is charging commissions significantly less than other brokers in a market where the #8 NYC residential real estate broker, Town Residential, shut down its residential resale and rental...Read More