shady brokers
Rent By-owner Ad on Craig’s List
(post by BT) This ad appeared on New York Craig’s List in July (we noticed it on July 22, 2008):
“THIS 2 BEDROOM APT. OFFERS A BRAND NEW BATHROOM EQUIPPED WITH ULTRA MODERN CORNER SPA TUB, AND SEPARATE SHOWER. BRAND NEW KITCHEN WITH GRANITE COUNTERS AND BACKSPLASH. LAMINATE FLOORING THROUGHOUT. EXCELLENT LOCATION, WALKING DISTANCE TO SHOPS [...]
Vulture Real Estate Brokers That Steal Your Property?
(post by BT) There is a real estate broker in my area that has been in the business for over 35 years. People hire him because they assume he has experience and time-proven service reputation… Wrong - more like disservice! This guy has a few bad habits that benefit only him: he doesn’t co-broke with [...]
2Jul2008 | | 0 comments | ContinuedCap Rates: Is Commercial Real Estate Also Falling?
(post by Dee) I recently read a blog post titled Slow Motion Crash that predicts commercial real estate is headed in the same direction as residential - down. He compares the life cycle of the housing market bubble to that of commercial properties, and points to higher vacancies and longer time it takes nowadays to [...]
20Jun2008 | | 2 comments | Continued
Stupid Brokers Part 1: Property Advertising Sign for Sale
(post by BT) It seems the longer I am in this business, the stranger the people I run into. This is what 2 moronic brokers asked me today: “Can we put our sign on your commercial listing and take yours down?” This is how it went. I get a call for a corner property / [...]
2Jun2008 | | 2 comments | ContinuedFive Things I Hate About New Luxury Development Brokers
(post by Dee)
1. They are obnoxious stuck-ups.
Yes, many of the more luxurious developments seem to be sold by the most stand-offish, fake, salespeople who measure you up and down when you walk in, ask you about your price range before saying “hello” and dismiss you the second they sense you may not be “serious” or [...]
Misrepresenting Square Footage of NY City Apartments
(post by Ardie) There may be many “reasons” for square footage being advertised incorrectly, ranging from ignorance (hello FSBOs!), to shadiness (hello grimy Realtor and greedy sellers), with confusion somewhere in-between. I won’t attempt to solve this problem. Just trying to expose the truth and help out a bit…
In Manhattan, where prices for apartments basically [...]
Top 7 Reasons I Dislike Brokers (Realtor’s Point of View)
(post by Dee) You hear everywhere that people dislike brokers. I happen to be a broker, and I happen to dislike many brokers myself. But, “lucky” for me, I HAVE TO work with them every day. Here are MY top reasons why other Realtors make everybody’s life difficult:
1. They don’t return phone calls! Even if [...]
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