Are Buyer Agent Commission Rebates Still Legal in NYC?Commission rebates were legalized in NYC in 2014. Hauseit offers NYC’s largest buyer rebate. Also available in Long Island & Hudson Valley.Sep 21, 2023Sep 21, 2023
How Commissions Work for New Developments in NYCThere are generally more rules around how commissions are paid to buyer’s agents for new development purchases in NYC, and sponsors are…Jan 6, 2020Jan 6, 2020
How to Reduce Your DTI Ratio When Buying a NYC Co-opMeeting the Debt-to-Income (DTI) ratio requirement for a NYC co-op apartment can seem like a daunting task. While not all New York City…Jan 4, 2020Jan 4, 2020
The Offer to Purchase Real Estate Form in NYCThe offer to purchase real estate form comes in various forms in New York, and can vary based on the brokerage firm. Furthermore, it’s…Jan 4, 2020Jan 4, 2020
Co-Purchasing a Co-op vs Using a Guarantor in NYCBoth co-purchasing a co-op and utilizing a guarantor when buying a co-op are viable options for a buyer who has shaky finances that the…Dec 16, 2019Dec 16, 2019
How Does Rent to Own Work in NYC?Rent to own is quite rare in NYC due to co-ops and banks having strict financial requirements around debt-to-income ratios and post…Dec 6, 2019Dec 6, 2019
Are There Condo House Rules in NYC?Yes, condo house rules exist just like house rules exist for co-ops. The original offering plan or bylaws typically authorize the condo…Nov 26, 2019Nov 26, 2019
Do I Have to Pay a Buyer’s Agent Commission?No, sellers are not required to do anything, let alone pay commission to a buyer’s agent. However, if sellers wish to list their home in…Nov 15, 2019Nov 15, 2019
What to Watch out for with Real Estate AgentsThe most important things when it comes to what to watch out for with real estate agents are high pressure sales tactics, lying, passivity…Nov 14, 2019Nov 14, 2019
Changes to NYC Rent Laws for 2019A number of new rent laws and regulations recently took effect in NYC following the passage of the Housing Stability and Tenant Protection…Sep 4, 2019Sep 4, 2019