Buyer Broker Commission Rebate NYC Archives

Waiving the Mortgage Contingency Clause When Buying a Property in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 25, 2021 January 31, 2021

Waiving the mortgage contingency clause when buying a property in NYC can sometimes be the only way to compete with all-cash or non-contingent buyers. We define the concept of a mortgage contingency clause in NYC and explain the risks of …

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How to Choose a Real Estate Agent in NYC If You’re Buying a Home

By Sonja Gosine, Spokesperson at Hauseit® / January 21, 2020 January 21, 2020

Most articles on the internet about this subject will offer basic and obvious suggestions like “don’t work with friends and family” or “make sure the agent is experienced.” In this article we’ll give you concrete tips for how to choose …

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What are the steps to getting a NYC real estate commission rebate on your home purchase? Can sellers and buyers both get rebates when they buy or sell?

Guide to Getting a NYC Real Estate Commission Rebate

By Sonja Gosine, Spokesperson at Hauseit® / January 6, 2020 January 7, 2020

While the average NYC real estate commission for sellers is still 5-6%, it is possible as a buyer to save money on your purchase by getting a NYC real estate commission rebate. In this article we will delve specifically into …

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How do you find a great buyer's agent in NYC? What are the most important criteria for evaluating a buyer's broker? Will your broker offer you a rebate?

How to Find a Great Buyer’s Agent in NYC

By Sonja Gosine, Spokesperson at Hauseit® / November 11, 2019 November 11, 2019

Finding a buyer’s agent in NYC is the easiest part of your home search. You’ll be bombarded with requests from buyer's brokers the moment you start your search online and begin attending open houses. However, finding an experienced buyer's agent …

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The Housing Stability and Tenant Protection Act of 2019 restricts apartment deregulation in NYC and strengthens tenant protections for rent-stabilized and market rentals.

Changes to NYC Rent Laws for 2019

By Sonja Gosine, Spokesperson at Hauseit® / September 3, 2019 September 25, 2019

A number of new rent laws and regulations recently took effect in NYC following the passage of the Housing Stability and Tenant Protection Act of 2019 by the New York State Legislature. Changes were made to rent stabilization laws, real …

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What is the financing contingency in NYC real estate? What does a financing contingency clause look like? Financing and funding contingencies, explained.

The Financing Contingency in NYC Explained

By Sonja Gosine, Spokesperson at Hauseit® / August 29, 2019 January 25, 2021

The financing contingency is often misunderstood when it comes to NYC real estate deals. The financing contingency is actually a rather broad term for a contract contingency that can include many negotiable parts, such as an appraisal contingency or minimum …

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Low rental yields, new rent regulations and difficult tenants are just some of the reasons why buying a multi family home in NYC is a bad investment.

Why Buying a Multi Family Home in NYC Is a Bad Investment

By Sonja Gosine, Spokesperson at Hauseit® / July 23, 2019 August 29, 2019

Buying a multi family home in NYC is a bad investment because rental yields are extremely low, opportunity costs are high, dealing with bad tenants is mind-numbing, evictions are impossible, local rent laws are stifling and labor and maintenance costs …

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Does the Pocket Listing Exist in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / June 20, 2019 November 13, 2019

Yes, pocket listings do exist in NYC although they are far less prevalent than on the West Coast, where the real estate market is overly heated and has been for a very long time. In NYC, the overwhelming majority of …

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Buying an apartment in a mixed used building comes with many special risks such as unequal sharing of common charges, assessments, utilities and more.

Buying an Apartment in a Mixed Use Building

By Sonja Gosine, Spokesperson at Hauseit® / June 19, 2019 November 13, 2019

Buyers should be careful when buying an apartment in a mixed use building where the commercial units are separately owned because the offering plan can give unfair advantages to the commercial unit owner. Buyers should be especially wary if the …

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Getting a buyer agent commission rebate in NYC is as simple as signing-up to work with a buyer’s agent who has agreed to credit you back a portion of the buyer broker commission paid by the seller.

How Do I Get a Buyer Agent Rebate in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / June 14, 2019 October 21, 2019

Congratulations on getting this far. Most home buyers in NYC are not even aware that they can save money and reduce their buyer closing costs by legally receiving a buyer agent commission rebate. Getting a buyer agent commission rebate in NYC …

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