Real Estate Investing in New York by Christina Kremidas

Attention NYC Tenants & Landlords! What to Know About Proposed Broker Fee Legislation

Douglas Elliman Podcast

Welcome to Episode 50 of REAL ESTATE INVESTING IN NEW YORK!!
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Email: christina.Kremidas@elliman.com
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Are you purchasing in NYC?  I would love to answer your questions!


In this Episode, I’m summarizing the main ideas of a proposed bill called Intro360 which aims to delegate who is responsible for paying Real Estate Broker fees for rental transactions in New York City. In order to decide for yourself what your opinion on the legislation is, and how this will affect you if the bill is passed, you’ll need a fundamental understanding of the state of the market that got us here, the ‘business-as-usual’ methods that are currently implemented for moving rental listings, and the effects that this legislation would create. You’ll learn everything in this episode. I hope you find it informative. This is important and timely information, so please share it with a friend who would benefit from hearing about this!  

I hope you find this information helpful, and please reach out to me if you have any questions!
 
 I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me.

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Description: 

In this episode, I’ll teach you how to renovate your NYC residence for maximum return on your investment. I’m explaining which home improvements are money-makers, and which you’ll end up taking a loss on. The key to renovating an apartment with the intent of selling is to achieve a modern, clearly ‘renovated’ aesthetic, while omitting unnecessary features and expenses that will not increase the price your home sells for.   


I hope you find this information helpful, and please reach out to me if you have any questions!