When you've just started dating someone, Valentine's Day is more awkward than romantic! It might even force a couple into discussions on exclusivity. An exclusive relationship is a mutual decision between two people that agree to not pursue other's. Exclusivity arises in NYC real estate as well as dating!
On the sell side - a seller hires one agent to represent them and their best interests...including investing in professional photos & floorplan, online advertising campaigns, staging, printed marketing materials, etc.
On the buy side - a buyer works with one agent to represent them and their best interests...including market analysis, making an offer, recommending real estate attorneys best suited for their deal, and finding lenders & inspectors (if applicable).
How long should you date before becoming exclusive in real estate? My advice is when you know, you know. I have met buyers at open houses who have claimed me on the spot! Recommendation of a friend or colleague can also impact the speed of exclusivity. If you are looking to buy, sell or rent, you are just my type! 😉
Contact me at: [email protected] & 330-936-7928!
Coming Soon & In-Contract!
COMING SOON: Two years ago, I sold a charming one-bedroom at 308 Mott Street in Noho. It needed a full renovation and measured around 350 square feet and sold for $530,000. I will be listing a two-bedroom in the building with original pine flooring and high ceilings & will be asking $650,000. If you have interest in seeing it, please contact me!
IN CONTRACT: Emerging markets like Crown Heights, Bushwick and Bed-Stuy have a shortage of high quality, unique product. There is an oversupply of cookie cutter condos mostly from wood frame houses torn down on 20x100 foot lots. Unique products like 253 Tompkins will continue to push pricing to new records — I’m excited to announce the 2 bed / 2 bath penthouse measuring 1,150 interior square feet is in contract asking $1,250,000!
Last year, I achieved a record price at 1 Grand Army Plaza, which was built in 2008 with a 35 year tax abatement. Flash forward 12 years, the Brooklyn real estate market has doubled in many neighborhoods, and even more in others. The city isn't as generous with tax abatements, which are mostly now found in existing 4 family houses that are converted to condos as a J-51. I'm especially looking forward to the launch of sales at One Prospect Park West - which is the newest condo being built on Grand Army Plaza. Its a conversion from an existing building that will be 63 condos consisting of two to four bedrooms and launching this spring. Starting prices are $1,995,000, or $2,000 per foot, and will not have a tax abatement. I think this will have a positive impact on the Prospect Heights / Crown Heights areas as well as Park Slope townhouse sales for owners who will want to downsize and move into the building. One Prospect Park West was originally built in 1925 by the Knights of Columbus as a posh hotel and club for members, boasting a bowling alley, ballroom, theater, and rooms for cards and billiards.