housePark Slope
527 3rd Street
Brown Harris Stevens
Sunday 1-3
$3,400,000
GMAP P*Shark

houseWindsor Terrace
19 Howard Place (Listing #5847)
Warren Lewis
Sunday 12-2
$1,325,000
GMAP P*Shark

houseSunset Park
443 45th Street
Corcoran
Sunday 12-2
$1,100,000
GMAP P*Shark

houseCrown Heights
44 Hampton Place
DHB Properties
Saturday 2-4
$859,000
GMAP P*Shark


What's Your Take? Leave a Comment

  1. Not to pile-on Warren Lewis – as they’ve a good reputation where we live in PS – but their official line re cobroking was too amusing to pass up.

    “As far as co-broking is concerned, Warren Lewis does co-broke, but not always, and not always immediately”.

    Guess yes means no until it means yes.

  2. The two houses in WT are very different. Both very nice homes but the more expensive one is larger and a two family so would command a higher price. (Whether you think the prices are right or not is a totally different issue)

    Im not a broker but a WT resident – Warren Lewis is a established agency that specialized in the WT, PS, etc.. I don’t see why anyone would have an issue with them as they seem to represent their homes as fairly as any sales agency does.

    As for cobroking – as a buyer and a seller (I am doing both now and it sucks on both sides of the fence), I don’t really see how its that important. It seems the venon around agencies not cobroking stems from the few very small agencies that can’t compete. Im not saying its fair but it doesnt seem to have a negative effect on Brooklyn real estate on either the buyer or seller side as evidenced by the large amts of money being made by all in the past decade. No one cares if an agency co-brokes except those very few people who use buyers brokers.

  3. Probably because over the last two weeks Brownstoner has identified two properties in WT as “open house picks” -basically neighboring houses, but significantly different prices. I guess people are confused on what places are really worth in WT.

  4. This is not directed at WL, because I haven’t had any experience with them, but as a buyer, I’ve found it disconcerting to walk into an open house to be told there was no co-broking. It has happened to me with Brooklyn Properties twice. It is tough for a buyer who has a pre-established relationship with a buyer’s broker. Obviously, buyers have to do what is in their own best interest even if that means dumping their broker when they find a no co-broke property they like, but if people selling these expensive places want Manhattan money, they maybe should consider doing business the way its done there, and most other places for that matter. The whole no co-broke thing probably worked a lot better when property was less expensive and in a bit less demand in Brooklyn.

    My broker tells me it is illegal, but I have no way to know if that is true.

  5. I was anon 4/1 7:05 and NO not a broker, although this made me laugh. I probably could be after the 9 MILLION open houses we’ve been to. What I was attempting to point out is that there is a real lack of family sized properties out there at “reasonable” prices. As soon as something nice comes on, people pounce, we’ve especially seen activity pick up since the holidays and it’s only got more heated in recent weeks. I think this will go quickly. As for Sherman Place, I still think that’s pretty over-priced, but we’ll see!

  6. I was anon 4/1 7:05 and NO not a broker, although this made me laugh. I probably could be after the 9 MILLION open houses we’ve been to. What I was attempting to point out is that there is a real lack of family sized properties out there at “reasonable” prices. As soon as something nice comes on, people pounce, we’ve especially seen activity pick up since the holidays and it’s only got more heated in recent weeks. I think this will go quickly. As for Sherman Place, I still think that’s pretty over-priced, but we’ll see!

  7. In response to a few entries…Warren Lewis is fortunate to have two houses in Windsor Terrace for sale, their appearance at the same time is coincidental. As far as co-broking is concerned, Warren Lewis does co-broke, but not always, and not always immediately. Most property we represent sells rather quickly. As far as exposure goes, it is pretty hard to believe that buyers will not find our ads on the NY Times web site, our website, our window or, most importantly, the NY Times print real estate section. In addition, after 21 years in Park Slope, Windsor Terrace, Prospect Heights and environs, our referral base is strong. The sellers we represent are most often happy with our service and the buyers who work with us are usually quite satisfied with our open bidding system and the opportunity they have to be informed of other bids, so they do not feel like they are bidding “blind,” as in “last and final” bids. Our buyers know that ALL bids are brought to the seller, as required by law. Our system is an option that buyers and sellers may, or may not, choose to work with. I believe that my staff, averaging 14 years experience, provides knowledge and individual service to both buyers and sellers. No system is perfect. We are not perfect. But our system is hardly criminal, or useless, as suggested by “Anonymous at April 2, 2007 12:31 p.m.” The two systems are merely different and buyers and sellers are free to investigate both and choose the one they prefer.
    And finally, Brownstoner is a great blog, and I only wish that people would lend credibility to their comments by not all sharing the name “Anonymous.”

1 2 3 8