Category: Brokers
Chag Sameach From Unreal Estate
Chag Sameach from Eirik Gislason and Unreal Estate.
Good Faith Deposits: A Part of the Process or a Despicable SCAM?
Originally posted on Unreal Estate:
I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the deposit is…
Letters of Recommendation: A Little Board Package Levity
Whether you’ve had the “pleasure” of purchasing an apartment in NYC or not, it seems everyone knows the horrors of putting together a co-op (or even condo) board package. What is asked for in terms of down payment, post closing reserves, debt-to-income ratio and pedigree is the stuff of legend in New York City real […]
Good Faith Deposits: A Part of the Process or a Despicable SCAM?
I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the deposit is being paid to the broker, your skepticism is well founded and you should be prepared to ask MANY questions. I will prepare you for both scenarios…
The Dysfunction and Dishonesty in NYC Real Estate: An Insider’s Advice on Navigating the Rental Market
My name is Eirik Davey-Gislason and I work in real estate in New York City. There, I said it. Real estate in NYC has a horrendous reputation; a well-deserved horrendous reputation. I didn’t intend to have a career in this field and the fact that I am still in the “business” 7+ years later is amazing to me. […]
