Sonja Gosine, Spokesperson at Hauseit®

Broker solicitation is one of the biggest complaints from NYC home owners trying to sell their property For Sale By Owner FSBO.

How to Deal with Broker Solicitation When Selling FSBO

By Sonja Gosine, Spokesperson at Hauseit® / February 7, 2020

The only way to completely eliminate any and all broker solicitation is to sell via a discounted full service listing with a REBNY Member Firm. This will cost 1% in commission to your listing agent vs. the traditional 6% paid in [...]

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Reviewing condo and coop board meeting minutes in NYC is a critical step of the due diligence process. Where can you find them? How far back do minutes go?

Condo and Coop Board Meeting Minutes in NYC Explained

By Sonja Gosine, Spokesperson at Hauseit® / February 7, 2020

Reviewing condo and coop board meeting minutes is a critical step of the due diligence process. We’ll explain everything you need to know about board meeting minutes from where to find them to how far back they go in this

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Here are 5 things you have to ask yourself before you try to sell your own home in NYC. Make sure you don't make these common FSBO seller mistakes!

How to Sell Your Own Home in NYC

By Sonja Gosine, Spokesperson at Hauseit® / February 7, 2020

So you’ve decided to sell your own home in NYC. Congratulations, but where do you start? Here are 5 things you will need to ask yourself if you’re serious about going the “for sale by owner (FSBO)” route. Do I

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New York Department of State clarifies position on new rent laws. Landlord's agents no longer allowed to charge tenants a broker fee. Text of ruling & more.

Tenants No Longer Required to Pay Broker Fee per NY DOS

By Sonja Gosine, Spokesperson at Hauseit® / February 6, 2020

On January 31st, 2020, the New York Department of State (DOS) released revised guidance for real estate professionals concerning the new rent laws enacted in NYC in 2019. In the revised guidance, the New York DOS clarifies that a landlord's

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Listing agents often try to get direct buyers to agree to dual agency. But is a seller's agent or dual agent better? Does agency affect commission splits?

Is a Seller’s Agent or Dual Agent Better for Direct Buyers?

By Sonja Gosine, Spokesperson at Hauseit® / February 4, 2020

Listing agents often mistakenly think that the only way they can work with a direct buyer is by acting as a dual agent. Some might even think that the only way for them to earn both sides of the listing

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How much money you need to buy an apartment in NYC depends on whether you’re buying a condo or co-op, the amount of your down payment and whether you’re financing the purchase.

How Much Money Do I Need to Buy an Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / January 29, 2020

You need to have 22% to 26% of the purchase price saved for a condo and 21% to 22% of the purchase price saved for a co-op (assuming 20% down) to buy an apartment in NYC. These figures exclude mortgage

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The average down payment for an apartment in NYC is 20% of the purchase price. Most co-ops and some condo buildings in New York City have minimum down payment requirements for buyers.

What Is the Average Down Payment for an Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / January 29, 2020

The average down payment for an apartment in NYC is 20% of the purchase price. While it’s possible to put down 10% or less on many condos in the city, most co-op apartments have stricter financial requirements which require a

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How to Make an Offer on a Condo in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 29, 2020

Knowing how to make an offer on a condo in NYC is something you should learn well in advance of finding your dream apartment. Preparing your condo offer documents at the beginning of the search can put you in an

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The Smoke-Free Air Act, Local Law 147 & other NYC smoking laws for apartments explained. What do apartment and building owners need to do to comply?

Understanding NYC Smoking Laws for Apartments

By Sonja Gosine, Spokesperson at Hauseit® / January 28, 2020

NYC smoking laws for apartments are quite strict. The Smoke-Free Air Act of 2002 prohibited smoking or e-cigarette use in indoor common areas, while Local Law 147 which went into effect in 2018 required buildings to create, share and post

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REBNY Financial Statement Template

By Sonja Gosine, Spokesperson at Hauseit® / January 24, 2020

The REBNY Financial Statement is almost always required when submitting an offer on a co-op apartment in NYC. The REBNY Financial Statement is a high-level summary of your assets, liabilities, income and projected expenses. Submitting a REBNY Financial Statement along

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