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Unreal Estate

Because Real Estate in New York City often seems a little UNreal…

Tag: #boardapplication

Written by Eirik Davey-GislasonAugust 5, 2016

Purchasing an Apartment in New York City, Part 5: The Board Package

Welcome back to Part 5 of my home buying series, Purchasing an Apartment in New York City. It’s time to address everyone’s favorite part of the purchase process – The Board Package!!! OK I admit, an entire article devoted to the board package is not sexy and usually ends with an unhappy buyer, a lawsuit or a nap. Well, not this […]

Written by Eirik Davey-GislasonOctober 8, 2015

Purchasing an Apartment in New York City, Part 4: Beer-Wine-Champagne

Welcome back to Part 4 of Purchasing an Apartment in New York City.  The goal of this series is to help home buyers formulate a sound game plan to successfully purchase an apartment in NYC. In this installment, I will focus on the first of three major milestones in the purchase process – an Accepted […]

Written by Eirik Davey-GislasonJune 12, 2015March 15, 2016

Decoding Real Estate Ads: A Helpful Glossary of Terms

Every once in a while we need to poke a little fun at ourselves and our industry. This is especially true in stressful world of New York City real estate. Agents often act as Copywriter, Editor, and Designer for their own advertisements, resulting in extremely creative descriptions and interesting new “buzz words” or “catch phrases” […]

Written by Eirik Davey-GislasonMarch 27, 2015March 27, 2015

Purchasing An Apartment In New York City, Part 3: Perfecting Your Pick and Roll

Welcome back to Part 3 of Purchasing An Apartment In New York City.  The goal of this series is to help NYC home buyers formulate a sound game plan in an effort to maximize the possibility of “winning” an apartment.  A critical component of any successful game plan is creativity and “out of the box” […]

Written by Eirik Davey-GislasonFebruary 23, 2015February 24, 2015

A Response To Brick Underground’s, An Ex-Rental Agent Spills The Truth Behind Broker’s Fees

Normally, I try to keep my blog light and positive, and stick to giving helpful real estate advice.  That said, I feel the need to comment on a recent blog post I read on Brick Underground last week.  The article, An ex-rental agent spills the truth behind broker’s fees, is a must-read – for all […]

Written by Eirik Davey-GislasonFebruary 14, 2015February 14, 2015

Happy Valentine’s Day From Eirik and Unreal Estate!

I want to thank each and every one you for taking the time to read my blog and seek my advice.  It means the world to me when I get a call or email from someone who has read my blog and needs my help.  My hope is to give you the guidance you need […]

Written by Eirik Davey-GislasonNovember 28, 2014

Purchasing An Apartment In New York City, Part 2: Understanding Your Opponent (continued)…

The following is the conclusion to Purchasing An Apartment In New York City, Part 2: Understanding Your Opponent posted on November 26th, 2014… In every deal, both the buyer and seller assume some risk. In a Buyers’ Market, the risk tends to be shouldered by the seller who must do anything and everything to attract […]

Written by Eirik Davey-GislasonNovember 26, 2014

Purchasing An Apartment In New York City, Part 2: Understanding Your Opponent

If you haven’t read Part 1 of Purchasing An Apartment In New York City, I recommend doing so. In Part 1, I addressed Preparation. Understanding the market, financial requirements to purchase (from both a down payment and debt-to-income perspective), as well as your strengths and weaknesses as a buyer are essential to “winning” an apartment […]

Written by Eirik Davey-GislasonJune 6, 2014March 28, 2017

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 […]

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