Chris Zhou, Principal Broker at Mont Sky®

Chris Zhou is the Principal Broker at Mont Sky Real Estate and is involved in the daily management of the firm and its team of agents. Prior to his full-time involvement in real estate, Chris sourced, executed and managed transactions in structured finance and leveraged finance at multiple investment banks across Wall Street. Chris has 7 years of experience in closing complex transactions ranging from syndication of a portfolio of aircraft lease equity to commercial financing for a ski resort.

The Coronavirus shutdown means all in-person activities such as showings and open houses are no longer permitted. Tips & actionable advice for agents now.

What Real Estate Agents Can Do During the Coronavirus Shutdown

Dear friends and colleagues, these are challenging times for us in the real estate industry. As of 8pm on Sunday March 22nd, 2020, all non-essential gatherings of individuals must cease until further notice per Governor Cuomo's New York State on PAUSE executive order. This means all in-person business activities including open houses, showings, walk-throughs and …

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What are permissible seller contributions towards real estate closing costs in NYC? What are interested party contributions?

Seller Contributions Towards Real Estate Closing Costs

What are seller concessions, seller contributions and interested party contributions? It’s commonly referred to as a Seller Concession (or seller contribution), but the industry term is actually “Interested Party Contribution”. Interested parties to a transaction include, but are not limited to, the property seller, the builder, the real estate agent or broker, or an affiliate …

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How to submit an offer in NYC is as easy as sending an email to the listing agent, but buyer's agents should be thorough when submitting an offer to buy.

How Buyer’s Agents Should Submit an Offer in NYC

Table of Contents: Submitting an offer in NYC as a buyer's agent is generally pretty easy. Offers are typically submitted by email, meaning there are no contracts, agreements or official forms to sign at this preliminary stage. However, as a buyer's agent, your role is to present your client's offer in the strongest and best …

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About to accept an offer during a home sale in NYC? What do you do next as a seller or listing agent? Here's a step by step guide of what comes next.

How the NYC co-op and condo closing process works

The NYC co-op and condo closing process is surprisingly easy as long as you have accepted an offer from a qualified home buyer.  Assuming you’ve worked with a Mont Sky Real Estate agent on your home sale, you’ve already cleared the toughest part of selling your home in NYC which is properly engaging the 90% …

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Agent centric vs broker centric models for real estate brokerages. What's the best real estate agent commission split in NYC? Alternatives, hybrids & more.

What’s the best real estate agent commission split in NYC?

Agents looking for the right brokerage to work with have always been focused on the best real estate agent commission split in NYC. It’s no surprise that the traditional “Agent Centric” and “Broker Centric” models both fail to provide true value to agents. How the Broker Centric model works This is the traditional brokerage model …

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Looking for a sponsoring broker? What's the best real estate company for new agents in NYC? Which brokers will give you leads to work on? Learn more.

What’s the best real estate company for new agents in NYC?

Choosing a real estate brokerage to work for is a real dilemma for new agents in NYC. They are confronted with two main types of firms to choose from. Type 1: The traditional “brand name” full-service brokerage The first type of real estate company is a traditional, “brand name” full-service brokerage that offers new agents …

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Just getting started with your property search? Read our guide on Condo vs Co-op Apartments and Other Property Types in NYC!

Condo vs Co-op Apartments and Other Property Types in NYC

Whether you're just getting started with us as a new agent or just beginning your property search, it's important to have a full understanding of the various property types available in New York City. For example, how are condo vs co-op apartments different? What about townhouses and multi-family properties? Condo vs Co-op Apartments in New York …

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What disclosure forms and listing agreements in NYC do agents need to worry about? Are you responsible for the purchase contract and other closing docs?

Disclosure Forms and Listing Agreements in NYC

What forms do you need to be aware of as a new agent? Are you responsible for the purchase contract and other closing documentation? What disclosure forms do you need to present to clients? This may seem like an intimidating subject to new real estate agents in NYC; however, you will learn that there is …

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