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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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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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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What are some tips for searching for home buyers in NYC? Is a listing available just because it's not "in contract?" How can you tell if it's available?

Tips for Searching for Home Buyers in NYC

It’s important to realize that buyers can access almost every listing available through popular real estate search websites such as The New York Times, Realtor.com, Zillow, Trulia or StreetEasy. Moreover, the search functionality on some of these sites is extremely effective such that buyers can receive saved search alerts whenever a new listing that matches …

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What are closing costs in NYC for home sellers? What about New York City real estate closing costs for buyers? Read our comprehensive guide to learn more!

New York City Real Estate Closing Costs

What are closing costs in NYC for home sellers? What about New York City real estate closing costs for buyers? Read our comprehensive closing costs guide below! Real Estate Broker Commission It is important for consumers to understand that commission rates are negotiable and there is no legal or mandatory commission rate. However, home sellers …

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