February 18, 2020

Buyers ask, ‘Who needs brokers anyway?”

More and more folks searching for a new home are bypassing real estate brokers. According to research (shown in the table above) by the National Association of Realtors, 38 percent of buyers found the home they ultimately purchased from a sales agent last year. Contrast that statistic with

Even brokers sometimes need brokers

Consider the real estate broker whom I’ll call Seth, whose experience he recounted recently while my client was taking measurements of the condo that it is to be his in a month.   Seth and his wife recently went into contract to purchase for more than $5 million a Jersey City, N.J. property.   As […]

Let us all praise honorable brokers

A casual buyer to whom I’ve sent listings and shown apartments occasionally over the last year or two called me not long ago to say that he’s found the one he wants to purchase. It is in Fort Green, Brooklyn, and I have yet to see the studio. But he wanted me to represent him. […]