Comments for BrokerTales.com http://www.brokertales.com True Real Estate Broker Stories from Real New York City Brokers Sat, 22 Nov 2008 08:51:30 +0000 http://wordpress.org/?v=2.6 Comment on Get Me Out Of My Mortgage in FLORIDA! by Port Saint Lucie, FL - #9 on Fastest Losing Value | BrokerTales.com http://www.brokertales.com/2008/get-me-out-of-my-mortgage/#comment-2271 Port Saint Lucie, FL - #9 on Fastest Losing Value | BrokerTales.com Wed, 19 Nov 2008 05:16:19 +0000 http://brokertales.com/?p=80#comment-2271 [...] their properties. Not suprisingly, Port Saint Lucie, FL came in the top 10! Recall our post about BT’s house in Port St Lucie, that is falling in value and draining him? Well, now we know he’s not the only one suffering there. He recently told [...] [...] their properties. Not suprisingly, Port Saint Lucie, FL came in the top 10! Recall our post about BT’s house in Port St Lucie, that is falling in value and draining him? Well, now we know he’s not the only one suffering there. He recently told [...]

]]> Comment on Banks Trying to Bring Down the Real Estate Market? by Robby http://www.brokertales.com/2008/banks-trying-to-bring-down-the-real-estate-market/#comment-2218 Robby Mon, 10 Nov 2008 05:41:46 +0000 http://www.brokertales.com/?p=556#comment-2218 sounds like a paranoid and jilted broker complaining about a deal that didn't go through because he believed his own lie about the property being worth 850k when the market is tanking. Its in the appraisers best interest to make the deal match the appraisal and force the deal to go through so everyone can continue with their business. so the lender can loan the money and so the borrower can own the house. sounds like a paranoid and jilted broker complaining about a deal that didn’t go through because he believed his own lie about the property being worth 850k when the market is tanking.
Its in the appraisers best interest to make the deal match the appraisal and force the deal to go through so everyone can continue with their business. so the lender can loan the money and so the borrower can own the house.

]]> Comment on Rent Stabilized Buyout in NYC by Rovaal Eromont http://www.brokertales.com/2008/rent-stabilized-buyout-in-nyc/#comment-2178 Rovaal Eromont Thu, 06 Nov 2008 18:02:08 +0000 http://brokertales.com/?p=72#comment-2178 No, I've never been offered a buy-out or taken one, but quite a few people in the Raleigh area have. There is a section of Raleigh inside the belt line (the 440 loop around Raleigh) with old houses built in the 50' and 60's that once renovated sell for $500,000 or more. Investors look for rented properties like that, but them low from the current owners and then, instead of evicting the tenants, they offer them cash to move out, renovate the property and sell it for a pretty penny. No, I’ve never been offered a buy-out or taken one, but quite a few people in the Raleigh area have. There is a section of Raleigh inside the belt line (the 440 loop around Raleigh) with old houses built in the 50′ and 60’s that once renovated sell for $500,000 or more. Investors look for rented properties like that, but them low from the current owners and then, instead of evicting the tenants, they offer them cash to move out, renovate the property and sell it for a pretty penny.

]]> Comment on Another Terrible, Discriminatory Craig’s List Ad of the Month by Anonymous http://www.brokertales.com/2008/terrible-discriminatory-craigs-list-ad/#comment-1932 Anonymous Tue, 28 Oct 2008 05:16:30 +0000 http://www.brokertales.com/?p=523#comment-1932 thanks! i was convinced horrible craig's real estate ads was a NYC "disease". whew! thanks! i was convinced horrible craig’s real estate ads was a NYC “disease”. whew!

]]> Comment on Another Terrible, Discriminatory Craig’s List Ad of the Month by Asheville Real Estate http://www.brokertales.com/2008/terrible-discriminatory-craigs-list-ad/#comment-1865 Asheville Real Estate Sat, 25 Oct 2008 21:59:56 +0000 http://www.brokertales.com/?p=523#comment-1865 It's not just NY. I'm suprised the fair housing folks don't just screen capture the Craigslist listings each morning and start addressing landlord/home seller fan mail. We just wrote a "How To" post about this stuff - bad Craigslist ads - drawing on the ads in our Asheville, NC area. The aim is to educate about how to write a better Craigslist ad. http://www.ashevillerealestate.net/2008/10/how-not-to-write-a-craigslist-apartment-ad/ It’s not just NY. I’m suprised the fair housing folks don’t just screen capture the Craigslist listings each morning and start addressing landlord/home seller fan mail.

We just wrote a “How To” post about this stuff - bad Craigslist ads - drawing on the ads in our Asheville, NC area. The aim is to educate about how to write a better Craigslist ad.

http://www.ashevillerealestate.net/2008/10/how-not-to-write-a-craigslist-apartment-ad/

]]> Comment on Open House is a Scam by Sarah http://www.brokertales.com/2008/open-house-is-a-scam/#comment-1672 Sarah Wed, 22 Oct 2008 04:02:03 +0000 http://brokertales.com/?p=7#comment-1672 i'm a realtor and used open house successfully to sell and rent my properties. this is not true. maybe where you are from it does not work, but in NJ we hold open house and get great serious people. i’m a realtor and used open house successfully to sell and rent my properties. this is not true. maybe where you are from it does not work, but in NJ we hold open house and get great serious people.

]]> Comment on The Emmerson - 1810 Third Avenue, NYC - New East Harlem Rentals by live across the street http://www.brokertales.com/2008/the-emmerson-1810-third-avenue-nyc-new-east-harlem-rentals/#comment-1340 live across the street Tue, 14 Oct 2008 17:25:44 +0000 http://www.brokertales.com/?p=451#comment-1340 This building is hilarious... I've lived up the street for a few years, and although the neighborhood has changed SLIGHTLY, there is nothing that warrants these rents. I pay a full thousand LESS than the minimum, and that's for a 2 bedroom! For new tenents at the Emmerson: keep in mind: 1) that lot was the biggest rat fest I've ever seen before the building was built 2) the halfway house is the reason I never walk up 3rd past dark alone 3) there are still gunshots/fights at least once a week in the area (despite the police station down the block) This building is hilarious… I’ve lived up the street for a few years, and although the neighborhood has changed SLIGHTLY, there is nothing that warrants these rents. I pay a full thousand LESS than the minimum, and that’s for a 2 bedroom!
For new tenents at the Emmerson: keep in mind:
1) that lot was the biggest rat fest I’ve ever seen before the building was built
2) the halfway house is the reason I never walk up 3rd past dark alone
3) there are still gunshots/fights at least once a week in the area (despite the police station down the block)

]]> Comment on The Emmerson - 1810 Third Avenue, NYC - New East Harlem Rentals by frank s http://www.brokertales.com/2008/the-emmerson-1810-third-avenue-nyc-new-east-harlem-rentals/#comment-1195 frank s Fri, 10 Oct 2008 03:57:18 +0000 http://www.brokertales.com/?p=451#comment-1195 they are now asking 2200 for 1 bedrooms in old buildings on west side in the 100s, too. walk ups, man! walk ups in morningside heights for well over 2K!? when did this happen? they are now asking 2200 for 1 bedrooms in old buildings on west side in the 100s, too. walk ups, man! walk ups in morningside heights for well over 2K!? when did this happen?

]]> Comment on Misrepresenting Square Footage of NY City Apartments by renter in NYC http://www.brokertales.com/2008/misrepresenting-square-footage-of-city-apartments/#comment-1194 renter in NYC Fri, 10 Oct 2008 03:53:18 +0000 http://brokertales.com/?p=85#comment-1194 finally someone brings up this scam. i hope all the shady realtors in NYC who lie about square footage wasting my time are now sitting on some stuff they can't sell. when you play dirty games, sooner or later you will fall. good post. why doesn't someone come up with a standard for this thing!!! finally someone brings up this scam. i hope all the shady realtors in NYC who lie about square footage wasting my time are now sitting on some stuff they can’t sell. when you play dirty games, sooner or later you will fall. good post. why doesn’t someone come up with a standard for this thing!!!

]]> Comment on Slimy Realtors Made It Hard for Other Brokers by laurie mindnich http://www.brokertales.com/2008/the-uphill-battle/#comment-1158 laurie mindnich Wed, 08 Oct 2008 21:18:26 +0000 http://brokertales.com/?p=49#comment-1158 Dedication, at least in NY, is what it's going to take if you want this attitude to be manageable. That, while concurrently putting your energy into fixing the problem- buyers are eventually sellers, and those buyers who found themselves unrepresented in NY, and on the short end of having bought a horrible market, are pissed. How, as a new seller, can they possibly be OK with the real estate contingent, when there's a vague feeling of having been "set up" to the extent that they didn't have any representation in a purchase? Even though it may well have been available to them? No value in their initial transaction. That this wasn't the intention of the real estate community is irrelevant, if it is the perspective of home sellers/buyers. Start representing the first link, so that when they move on the chain, they've had what to them is an ethical experience. Dedication, at least in NY, is what it’s going to take if you want this attitude to be manageable. That, while concurrently putting your energy into fixing the problem- buyers are eventually sellers, and those buyers who found themselves unrepresented in NY, and on the short end of having bought a horrible market, are pissed.
How, as a new seller, can they possibly be OK with the real estate contingent, when there’s a vague feeling of having been “set up” to the extent that they didn’t have any representation in a purchase? Even though it may well have been available to them? No value in their initial transaction.
That this wasn’t the intention of the real estate community is irrelevant, if it is the perspective of home sellers/buyers.
Start representing the first link, so that when they move on the chain, they’ve had what to them is an ethical experience.

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