Back by popular demand, I bring you the second edition of Decoding Real Estate Ads! Every once in a while we need to poke a little fun at ourselves and our professions. This is especially true in stressful world of New York City real estate. Agents often act as Copywriter, Editor, and Designer for their […]
If April 1st is the day to tell a tall tale or play a crafty joke on someone you love, than April 2nd should be a day of truth and transparency don’t you think! So here we go… On a daily basis, I come into contact with clients who simply accept the notion that it […]
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 […]
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 […]
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 […]
Thank you for supporting my blog! Real Estate is not only my career, but my passion as well. Sharing what I know in an honest and transparent way is the goal, so feel free to catch up by reading my past articles, and subscribe to my blog to receive future posts! Happy Thanksgiving, Eirik
I recently had a good friend ask if it was OK to “pick my brain” about buying an apartment in NYC. He was concerned that he was wasting my time, and didn’t want to take too much of my morning. I told him, regardless of whether you purchase in two months or two years, reaching out […]
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 […]
I am often asked by clients and friends, why should I use a broker to find an apartment? Early on, I developed my 30 second “elevator pitch” defending myself and my industry, and extolling the benefits of working with a broker. Not surprisingly, my pitch didn’t land. I quickly realized the question was loaded, and I […]
The Ever Upward BLOG 