Hauseit Blog | Tips for Buying, Selling and Renting in NY and FL

Buying a Condop Apartment in NYC

By Sonja Gosine, Spokesperson at Hauseit® / May 5, 2017

For most people, buying a condop apartment in NYC is no different than purchasing a regular co-op apartment. The primary difference will be an additional layer of due diligence necessary by the buyer’s attorney. Don’t listen to listing agents trying [...]

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How can buyers who need to sell before they can buy protect themselves during contract negotiations? Is an offer with a Hubbard Contingency less attractive?

What is a Hubbard Contingency for NYC Real Estate Transactions?

By Sonja Gosine, Spokesperson at Hauseit® / May 2, 2017

A Hubbard Contingency is another way to describe a sale contingency in a purchase contract. A sale or Hubbard contingency allows a set amount of time for a buyer to obtain a fully executed contract of sale on their existing

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Do NYC home buyers have to pay for their buyer’s broker? How does a Realtor get paid when you buy a house in New York City? How much are Realtor fees?

How Does a Realtor Get Paid When You Buy a House in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / April 26, 2017

Do NYC home buyers have to pay for their buyer’s broker? How does a Realtor get paid when you buy a house in New York City? How much are Realtor fees? Do buyers have to pay for their broker? No.

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What are a buyer’s agent duties in NYC? What is expected of them vs the listing agent? Who puts together the purchase application?

Real Estate Buyer’s Agent Duties in NYC

By Sonja Gosine, Spokesperson at Hauseit® / April 19, 2017

What are a buyer’s agent duties in NYC? What is expected of them vs the listing agent? Who puts together the purchase application? Discover your property search criteria and goals Your experienced buyer’s agent will have a frank discussion with

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Seller Concession Towards Closing Costs

By Sonja Gosine, Spokesperson at Hauseit® / April 8, 2017

What does a seller concession towards closing costs entail? Can the broker commission be used to "buy down" the buyer's mortgage interest rate? A seller concession on closing costs is commonly referred to as a seller contribution, but the industry

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How is an open house by appointment only different versus a normal open house in NYC? What will happen if I just stop by without scheduling in advance?

What is an Open House by Appointment Only in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / April 7, 2017

How is an open house by appointment only different versus a normal open house? What will happen if I just stop by without scheduling an appointment in advance? An open house by appointment only is a block of time a

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Is it necessary to sign a FSBO commission agreement before a broker shows your home? Do I need to sign a new agreement every time?

What is a FSBO Commission Agreement?

By Sonja Gosine, Spokesperson at Hauseit® / April 6, 2017

A FSBO commission agreement is a bilateral contract signed between a FSBO seller and a broker representing a buyer which will obligate a FSBO seller to pay an agreed upon commission if a deal is consummated with the buyer. Is

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Hiring a buyer’s broker in NYC and requesting a NYC commission rebate from your buyer's broker is the most important first step when buying in NYC.

Should You Hire a Buyer’s Broker in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / March 31, 2017

Hiring a buyer’s broker in NYC and requesting a NYC buyer agent commission rebate is the most important first step when buying a property in New York City. Sellers in NYC have agreed to pay the same total commission whether

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What are traditional listing agent duties in NYC for a full service real estate broker? Are they responsible for the professional photographs and floorplan?

Typical Listing Agent Duties in NYC

By Sonja Gosine, Spokesperson at Hauseit® / March 21, 2017

What are the traditional listing agent duties for a full service real estate broker? Is there any difference between the level of service I will receive through a 1% for Full Service Listing? There is absolutely no difference in the

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Sample Co-op Financial Statements in NYC

By Sonja Gosine, Spokesperson at Hauseit® / March 20, 2017

What do sample co-op financial statements in NYC look like? Who’s responsible for analyzing and doing financial due diligence on your behalf? What can you learn about a building from just its financial statements? It's normal to ask for co-op financial

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