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Agent2Agent in Brooklyn : Real Estate Advice

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  • Local Info198
  • Home Buying931
  • Home Selling89
  • Market Conditions34

Activity 68
Fri Jul 21, 2017
Kathy Burgreen answered:
Ignore Scott's reply because NYC agents need to work in a totally different environment than realtors elsewhere in the U.S. His link to Active Rain will not help you. I've been in your shoes and worked in this area. I know from experience. ... more
0 votes 3 answers Share Flag
Sun Jun 18, 2017
Britishjohn04 answered:
I think the best way to look at this is to consider how much per hour your time is worth. I think between $30-$50 an hour would be pretty standard. So if you do an hour driving, (in a rural location) and about an hour on the BPO form, your fee should be minimum $60 to $100. This doesn't of course account for gas and vehicle wear. If you do a serious number of BPOs then it is best to keep a chart/log of all driving so you can write of the miles on your taxes. That mileage deduction can add up when you are doing 10-20,000 miles.

My record for a BPO was $210 and it was in a rural area outside of my typical coverage area. With driving and form work it took me about 2.5 hours, so that breaks down to $84/hour minus gas and vehicle wear, plus some hefty mileage to write off at tax time.
... more
0 votes 36 answers Share Flag
Wed Nov 30, 2016
Kathy Burgreen answered:
As a former realtor, do NOT ask that question. It is a form of steering and will get you into trouble. The best way to ask the question is:

"Where do you live now?" "What is your current address?" This way it means you need their address for your records and does not indicate steering. ... more
0 votes 1 answer Share Flag
Mon Nov 14, 2016
Shawn Jennings answered:
STAY AWAY from this company, no matter what location in New York and stay away from agent Shanice Jones. I met with her on Election Day November 8, Tuesday 2016. I liked the apartment and filled out a credit report application and paid $ 55.00 for that application twice, for two adults. I should have stuck with my gut and left as I saw KIDS running around the business, adults on Facebook at work, and staff members eating in areas where business was being handled; on top of the unprofessional environment, Shanice could not figure out how to pull up the application on the computer, pitiful. Ms. Jones stated that a deposit of at least $500.00 was needed in order to take the apartment off the market, which did not happen even though paid, the ad was still active. On Thursday November 10, 2016 I received a text message from an unknown number , and they stated their name was Madeline, and she is Shanice's associate. She claimed to be showing the paper work to the owner, and then stated I needed to get a more expensive credit report and and my actual RETURNS from my taxes. I explained that I complied with EVERYTHING and have submitted our pay stubs, bank statements, and W2 forms, what more do you need ? Are you trying to steal my identity ? Madeline responded that if I was not moving forward with them, I would not be able to get my money order until Monday November 13 2016. I immediately called Shanice Jones who very unprofessional to the point I had to stop and ask her if she was going to continue, or should I because I want us to hear each other clearly. Shanice said that the owner is requesting the extra paperwork due to my credit, and I let her know that this is at his discretion, and those items are not stated on form she gave to us which is why I am not complying. Shanice claimed I would receive my money order back Today , Saturday November 11 2016 at 12:00 pm and I can meet her at the hillside avenue office. As of now, Shanice is not picking up her cell phone and forwarding my calls and holding on to my money that I need to put down for ANOTHER apartment.
Shanice text me today Saturday morning, and said due to Veterans Day there is a delay in receiving my funds, but there was no delay when she took it. She is now saying I can pick up my funds Monday from Madeline, someone I did not deal with or do I know.

I will not comply with giving more paper work because this company deals with third party programs like "Post Graduates", based in New York. "Post Graduates" finds housing for mentally unstable adults who have been medically diagnosed. These tenants pay anywhere from $100.00 to $300.00 a month, they do not work either , but this could possibly be my neighbor and this is why I am jumping through hoops ? To pay 1500.00 a month? The business is a scam. I have filed a complaint with Better Business Bureau.
... more
0 votes 22 answers Share Flag
Mon Sep 26, 2016
David Nurse asked:
Wed May 4, 2016
Dorene Slavitz answered:
Try to find the paperwork you signed when you joined the office of your previous broker. Usually the terms that outline how listings are handled will be there. I am reasonably sure you did sign, when you joined the office.
Any listing you take, or sell, belongs to the broker of the office so if you were still working out of that office, the commission split will belong to your previous broker. Your current broker should be aware of this so I would not be concerned.
If all you did was talk about it, but nothing was closed (in escrow) you have not made any money, so he/she cannot expect anything.
... more
0 votes 2 answers Share Flag
Thu Mar 12, 2015
Daria Kolomiiets answered:
I have tons of great deals in Bed-Stuy / Bushwick / Crown Heights locations.
0 votes 2 answers Share Flag
Wed Jan 14, 2015
Tristam Bielecki answered:
Try looking in craigslist. A lot of the low-fee brokerages advertise on there looking for new agents.
1 vote 1 answer Share Flag
Wed Jun 18, 2014
Ruth and Perry Mistry answered:
Right, as long as you can meet the BPO companies requirements of you carrying a
$1M in Liability Coverage.

Good luck

0 votes 9 answers Share Flag
Sun May 18, 2014
Yanoska Diaz answered:
I don't believe there is a whole bunch you can "capture" now a days and with the declining prices of the BPO mills who wants to pay additional fees?
0 votes 4 answers Share Flag
Fri Mar 21, 2014
Kisia asked:
I want to work with a commercial firm that does business in Brooklyn & Manhattan. Any suggestions?
0 votes 0 Answers Share Flag
Mon Feb 24, 2014
Christopher Crosby answered:
Start working your sphere like crazy, tell everyone you come into contact with what you're doing, start getting yourself to the top of everyone's mind. Postcards, business cards, door knocking, Facebook, Twitter, YouTube, emails, letters, fliers... And get even more creative. Host a party celebrating your new career (definitely don't assume people know what you're up to), sponsor something, host a business mixer... Outside of selling yourself, use this time to align yourself with the right people. Ask a bunch of your colleagues who "their people" are, research them, and start compiling your own preferred list. Lenders, title companies, inspectors, painters, contractors, cleaners, pest guys, sewer guys, you get the picture. I wish you the best of luck! ... more
0 votes 5 answers Share Flag
Wed Feb 19, 2014
mattbfrazier answered:
Hi Guys- I am the OP I am new to the site. Please answer my other question as I was actually able to add the details of my predicament there.

0 votes 1 answer Share Flag
Thu Jan 30, 2014
Bev West answered:
We all had to start out somewhere. You might be surprised how many contacts you have once you start writing down all the people you know. Best of luck to you. Wish you were in Colorado. I would love to have you with us. ... more
1 vote 13 answers Share Flag
Wed Jan 22, 2014
Kathryn Lilly answered:
It needs to be YOUR listing, you cannot list other Brokers listings!
0 votes 6 answers Share Flag
Wed Jan 8, 2014
Joseph Runfola answered:
Hello Stephanie, the best school is a matter of opinion, the NYS Salespersons class is 75 hours.
0 votes 3 answers Share Flag
Sun Dec 22, 2013
Amanda Christiansen answered:
Not sure why you would want or need to, but I don't think you can.
0 votes 7 answers Share Flag
Tue Oct 22, 2013
Tatiana Davis answered:
Good Day John,

The NY market has changed dramatically, so the costs of rentals in Brooklyn have skyrocketed. However, if the company has the listings, there are definitely people out there who are looking and who have the budgets to be able to afford the rent in that part of Brooklyn. I personally do sales and rentals, and have slowed up on the rentals lately. In a great month I have done 10. In a bad month I have done 1. It all really depends on the quality of your listings, the price and the qualified renters you can pull in to acquire them. All the best to you. Have fun! :-)

Tatiana Davis
Associate Broker/Office Manager
Davis & Associates Realty
... more
0 votes 2 answers Share Flag
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