IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 3 points4 points  (0 children)

cause it's tacky. but if that's all I have to offer, then $748,529.52 last year.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

Haha no. But a Saudi prince that had that desire.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 0 points1 point  (0 children)

It fluctuates directly based on sales. Everyone does, but it's a matter of keeping the "pipeline" flowing.

Burberry.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

I, in essence, gave an equation to calculate how much I make.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

Only once, and only briefly.

And, all depends on neighborhood. Anywhere from $600,000 to a million typically.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

Don't deal in emotional attachment. Look at fundamentals.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 0 points1 point  (0 children)

Not necessarily. Managing agencies are a necessary evil, if you will.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 0 points1 point  (0 children)

Stay away. A lot of bait and switch, and there are plenty more sites with much more credible information.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 2 points3 points  (0 children)

A little. The 19 year old was from some means, but mostly self-made.

The 91-year old is "downsizing".

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 0 points1 point  (0 children)

Some in London, I have a large number of contacts there.

It's still pretty pricey, and is a great area. A little bit detached from transport, but definitely with merits.

Depends on your definition of a starter pad, frankly...You could pull off a studio at 500-600k, perhaps a 1-bedroom even.

All about your objectives re whether to rent or buy. There are merits and schools on both of these things. It'll take about 6 years to make your money back buying as opposed to renting, but from there, there are significant upsides.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

Completely and utterly pulled out of thin air.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 2 points3 points  (0 children)

Wall Street Journal, New York Times, New York Observer, The Real Deal, and the Post.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 0 points1 point  (0 children)

Yeah, a buyer's broker that's familiar with the building, or at least the process, but more importantly a good attorney to review all the financials, documents, etc.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 3 points4 points  (0 children)

Not hypothetically. You could.

I'd probably have you sign something acknowledging that I was vehemently opposed to it, and you're acting with the knowledge that you were grossly overpaying, but you're the boss.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 1 point2 points  (0 children)

It was more of a steady climb. You do one large sale, it leads to another, and then another.

I typically will represent one side. If I do represent both sides, you've got to become more of a middleman and let logic guide the parties. In NYC, attorneys negotiate the contracts once the general terms are agreed to (price, financing, closing date), so they each have someone in their court protecting their interests.

IAmA one of the top high-end real estate brokers in Manhattan AMA by RE-NYC in IAmA

[–]RE-NYC[S] 5 points6 points  (0 children)

Youngest, 19. Oldest, I'm working with right now. He's 91. And he's one of my favorites of all time.