Gea Elika's Blog, page 30

March 24, 2024

10 Reasons Why People Think Twice Before Buying a Home

Reasons Why People Do Not Buy a HomeIn the dynamic tapestry of New York City’s real estate market, purchasing a home is not merely a financial transaction but a multifaceted journey influenced by many factors. From soaring…

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Published on March 24, 2024 16:24

Mystery of Post-Closing Liquidity for Co-op and Condo Boards

Post-Closing LiquidityIn New York City real estate, navigating the complexities of co-op and condo boards is akin to traversing a labyrinth. Among the many considerations for prospective buyers, post-closing liquidity is…

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Published on March 24, 2024 06:25

March 23, 2024

Common Seller Questions and Concerns in the NYC Market

Common Seller QuestionsThe decision to part ways with your New York City abode can be a whirlwind of emotions – a bittersweet mix of excitement for a new chapter and nostalgia for…

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Published on March 23, 2024 08:36

Dreams Collide: The Ups and Downs of Buying a Home Together

Home Buying Argument CoupleConfetti rains down, you clink champagne flutes with your partner, and the gleaming “SOLD” sign sits proudly in your front yard. Buying a home – it’s the epitome of success,…

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Published on March 23, 2024 07:36

Unveiling the Emotional Triggers of Homebuyers

Emotional Triggers of HomebuyersThe process of purchasing a home unfolds as a deeply nuanced and profoundly emotional narrative. It transcends mere property acquisition; it represents a journey towards establishing sanctuary, weaving cherished memories,…

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Published on March 23, 2024 06:57

Buyer’s Agent vs. Going Solo: Mythbusting Your Home Purchase

Buyer's Agent or Go SoloThe recent settlement between the National Association of Realtors (NAR) and the Department of Justice has reverberated throughout the real estate industry. A significant change involves decoupling buyer agent commissions…

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Published on March 23, 2024 05:47

March 22, 2024

The Human Touch: Why Zillow Alone Can’t Sell Your Home

ZillowThe real estate market has radically transformed in an era dominated by smartphones and algorithms. Gone are the days of flipping through thick binders of property listings and newspapers; today,…

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Published on March 22, 2024 12:02

The Seller’s Edge: Why Buyer Agent Commissions Still Matter

National Association of REALTORS® settlementThe recent settlement, valued at $418 million, between the National Association of Realtors (NAR) has reverberated throughout the real estate sector. This landmark agreement stems from a protracted antitrust lawsuit…

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Published on March 22, 2024 10:10

March 21, 2024

The Intricacies of Cost Segregation Studies for Real Estate

Cost SegregationIn the tax code labyrinth, real estate investors constantly seek methods to minimize liabilities and maximize returns on their investment properties. A strategic tool gaining prominence is the cost segregation…

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Published on March 21, 2024 14:54

Manhattan Real Estate: Balancing the Benefits and Downside Risks

Manhattan Real EstateIn the concrete jungle of Manhattan, where sky-high towers punctuate the skyline and real estate prices often defy gravity, purchasing property can be both a lucrative investment and a daunting…

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Published on March 21, 2024 07:30