N.Y.C. Broker Fees Are Here to Stay. Why Do They Exist in the First Place?

Many renters seeking to move in New York City have to pay up to 15 percent of an annual lease to brokers — regardless of whether they helped find the apartment. After a legal battle, the state affirmed this week that broker fees were legal.

#landlords, #new-york-city, #real-estate-and-housing-residential, #real-estate-board-of-new-york, #real-estate-brokers, #renting-and-leasing-real-estate

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How to Navigate a Hot Housing Market

Competition for homes in many cities is leading potential buyers to take steps they may not have considered a short time ago, including waiving the inspection.

#content-type-service, #mortgages, #national-assn-of-realtors, #personal-finances, #prices-fares-fees-and-rates, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #realtor-com, #united-states

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‘A Land Grab’ for a Piece of New York’s Marijuana Business

Cannabis companies and brokers are rushing into what could be a $4.2 billion industry, but for all the excitement, there are significant challenges.

#cannabis-foods-and-products, #cresco-labs, #marijuana, #medical-marijuana, #real-estate-commercial, #real-estate-brokers, #regulation-and-deregulation-of-industry, #renting-and-leasing-real-estate

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They Want You Back at the Office

Commercial real estate brokers tend to be chest-thumping optimists. Post-pandemic corporate life is putting that to the test.

#cb-richard-ellis, #coronavirus-2019-ncov, #cushmanwakefield-inc, #real-estate-commercial, #real-estate-brokers

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Selling Your Home in a Seller’s Market

Sorting through multiple bids can be harder than it seems. Choosing the highest offer isn’t always the smart way to go.

#appraisals-and-valuation-property, #mortgages, #national-assn-of-realtors, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #renting-and-leasing-real-estate

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How to Win a Bidding War

Here are some tips on navigating today’s supercharged real estate market, where inventory is low and other buyers can be cutthroat.

#banking-and-financial-institutions, #content-type-service, #mortgages, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers

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Realtors Want to Sell You a Home. Their Trade Group Backs Evicting Others.

The National Association of Realtors is advocating an end to a pandemic-era order meant to keep renters in their homes.

#coronavirus-2019-ncov, #evictions, #national-assn-of-realtors, #real-estate-brokers

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Curtains Up for the One Percent

While many Americans were stockpiling toilet paper and Clorox, the rich bought houses, sparking a gold rush in the decorating trades.

#beverly-hills-calif, #design, #high-net-worth-individuals, #home-appliances, #home-repairs-and-improvements, #interior-design-and-furnishings, #luxury-goods-and-services, #palm-beach-fla, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #san-antonio-tex, #sea-island-ga

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Talk Politics? Some Brokers Are Only Too Happy to Do So.

Some real estate agents seem eager to post their political views on social media. But, especially in the last year, some of those messages veered toward hate speech, leading the industry to sharpen its ethics rules.

#discrimination, #ethics-and-official-misconduct, #george-floyd-protests-2020, #national-assn-of-realtors, #real-estate-and-housing-residential, #real-estate-brokers, #social-media, #storming-of-the-us-capitol-jan-2021, #united-states-politics-and-government

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‘She Wants Well-Qualified People’: 88 Landlords Accused of Housing Bias

A lawsuit by a watchdog group claims that its undercover investigation found widespread bias against tenants receiving federal housing assistance.

#carr-aaron, #commission-on-human-rights-nyc, #discrimination, #housing-rights-initiative, #landlords, #new-york-city, #public-and-subsidized-housing, #real-estate-and-housing-residential, #real-estate-brokers, #section-8-housing, #suits-and-litigation-civil

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In the Pandemic, Online Home-Buying Picks Up Speed

First-time buyers have the tech-smarts and now the tools to do all or part of their purchase online, sometimes even before seeing their new houses in person.

#computers-and-the-internet, #millennial-generation, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #united-states

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Branden and Rayni Williams, Power Brokers of Beverly Hills

Branden and Rayni Williams sold $700 million of real estate for Rick Hilton’s firm in 2019. Now they’ve left to start their own agency.

#beverly-hills-calif, #content-type-personal-profile, #los-angeles-calif, #real-estate-and-housing-residential, #real-estate-brokers, #williams-branden-real-estate-broker, #williams-rayni

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The Island Brokers Are Overwhelmed

The wealthy want to escape the pandemic to a private, isolated paradise. The people who sell islands have to explain: It’s complicated.

#coronavirus-2019-ncov, #real-estate-and-housing-residential, #real-estate-brokers, #renting-and-leasing-real-estate, #travel-and-vacations, #travel-warnings

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Virtual Tours Are Here to Stay. This Is How to Do Them Right.

The open house is dead. Long live the open house.

#3-d-devices-and-effects, #content-type-service, #new-york-city, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #video-recordings-downloads-and-streaming

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Manhattan Vacancy Rate Climbs, and Rents Drop 10%

There were more than 67,300 units available in July across the city as it tries to rebound from the coronavirus outbreak.

#amazon-com-inc, #douglas-elliman-real-estate, #economic-conditions-and-trends, #facebook-inc, #landlords, #miller-samuel-inc, #miller-jonathan-j, #modern-spaces, #new-york-city, #real-estate-brokers, #recession-and-depression, #renting-and-leasing-real-estate, #streeteasy

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A Final Listing for a Beloved Manhattan Broker

The estate of Robby Browne, a top real estate broker who died of Covid-19, is selling his Central Park West condo, where celebrities and friends once mingled.

#browne-robby-1948-2020, #corcoran-group, #coronavirus-2019-ncov, #real-estate-and-housing-residential, #real-estate-brokers, #upper-west-side-manhattan-ny

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The Biggest Bedroom Is No Longer a ‘Master’

The term’s racist and sexist undertones lead New York’s real estate community and others to rethink outdated industry jargon.

#black-people, #discrimination, #houston-tex, #manhattan-nyc, #race-and-ethnicity, #real-estate-and-housing-residential, #real-estate-brokers

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Real Estate Agents Return to Work as City Reopens

In-person showings are back with coronavirus protocols, but potential buyers or renters may continue to prefer virtual tours.

#coronavirus-reopenings, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers

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Home Prices Are Rising, Along With Post-Lockdown Demand

The real estate market is challenging this spring — all the more so because lenders are checking, and rechecking, borrowers’ finances in response to the economic turmoil of the pandemic.

#coronavirus-2019-ncov, #interest-rates, #mortgages, #national-assn-of-realtors, #new-york-state-assn-of-realtors, #personal-finances, #real-estate-and-housing-residential, #real-estate-brokers, #realtor-com, #subprime-mortgage-crisis

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Homebound Buyers Ask: Is a Picture Worth $1 Million?

The coronavirus outbreak has exposed how the real estate industry’s reliance on face-to-face deals can be a weakness.

#appraisals-and-valuation-property, #condominiums, #coronavirus-2019-ncov, #new-york-city, #real-estate-and-housing-residential, #real-estate-brokers, #renting-and-leasing-real-estate, #shutdowns-institutional, #video-recordings-downloads-and-streaming

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