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Buyer dressed like a butler presenting his co-op reference letters on a platter to the co-op board
October 11, 2018
Wondering how to write the perfect co-op reference letters? Find everything you need to know and sample professional and personal reference letters here.
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Buyer looking at an obstacle course that represents the complexity of a co-op purchase transaction
July 17, 2019
If you're looking to buy an apartment in NYC, you have to know all about co-ops. We answer all your questions (and then some!) in this post.
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Professor with chalkboard showing buyer agent commission rebates are the new way to buy NYC real estate
July 5, 2019
All NYC real estate buyers should know about buyer agent commission rebates, understand how they work and how to get one. Learn more with this guide.
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More articles from us
Nervous buyer surrounded by heads telling her mortgage rates are going up and she needs to buy now
October 8, 2018
Mortgage rates are very important for homebuyers and the overall housing market but the interest rates everyone on TV talks about? Not so much.
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Buyer looking at extremely small co-op apartment while flier says it is 1,000 square feet
December 11, 2018
Learn why co-op square footage is extremely unreliable and what you can do to protect yourself when buying and apartment in NYC.
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Buyer or renter pouring money down complicated slide with multiple routes
November 14, 2018
A simple guide for determining if buying or renting is right for you. Make sure to tick off these big items before starting the buying process.
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Shiny NYC new development building with a red bow on top
February 26, 2019
Yoreevo shows you the ropes for buying NYC new development. Worried about nuances and additional costs? Don't be, we explain it all!
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Ray gun labeled CEMA shrinking mortgage recording tax
November 2, 2018
A CEMA can save you thousands on your mortgage recording tax but they're a little complicated. We answer buyers' most common questions.
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Confident buyer holding up a published Buyer's Guide
December 12, 2018
Yoreevo's NYC buyer's guide walks you through each step of the home buying process. Learn what to consider before and during your search.
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Owner showing potential buyers his NYC FSBO listing in his pajamas
December 31, 2018
Selling your NYC apartment with a FSBO can certainly make sense but you need to understand the total picture before you do.
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Two first time home buyers stand in front of their new home
November 20, 2018
Quick tips for anyone considering their first home purchase in NYC. Make sure you know how the purchasing process works before you start.
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Vacuum labeled NYS and NYS sucking the transfer tax out a sack of cash the buyer is handing the seller
July 5, 2018
In New York City, a Real Property Transfer Tax (RPTT) is paid on all transfers of real property and co-op shares over $25,000. Learn more inside.
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Seller handing keys to buyer and others with hands out for seller closing costs
October 19, 2018
Closing costs are a material part of any NYC real estate transaction. Learn what to expect and how to minimize your closing costs.
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Rock'em sock'em robots toys fighting but with condo and co-op buildings for heads
September 26, 2018
Co-op or a condo? The first question every NYC buyer asks. Find answers to all your questions and make sure you know which one is right for you.
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Real estate broker with a big magnet sucking up real estate broker commissions in the form of cash
August 10, 2020
A lot has changed in the NYC real estate market over the last 10 years but if there has been one constant, it has been brokers' extremely large commissions.
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Buyer standing before three people, unsure which is a real estate broker, agent or Realtor
August 23, 2018
Understanding the difference between a real estate agent and broker is important for anyone buying or selling. Learn more in this guide.
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Building surrounded by scaffolding due to local law 11
August 3, 2018
Local Law 11 was designed to keep both NYC pedestrians and buildings safe. Learn how the law affects you as a New York City home buyer or seller inside.
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Cartoon Donald Trump letting the air out of a building to signify tax reform will weaken the NYC real estate market
February 1, 2018
NYC real estate will be negatively affected by the tax reform of late 2017 but numbers being thrown around in the media overstate the impact.
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Banker handing a buyer his mortgage with a government employee in the back looking for the NYC mortgage recording tax
July 10, 2018
The mortgage recording tax is one of the largest closing costs NYC home buyers pay. Inside find out how you can offset the tax and more.
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Confusing diagram used as a metaphor for the complicated way in which buyer's brokers get paid
August 27, 2017
The seller ultimately pays a buyer's broker. Sound weird? It should. Learn how your broker is getting paid, why and what you can do about it.
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Buyer and seller on trains heading to the closing but the buyer has a switch labeled Financing Contingency to change tracks and avoid the closing
July 24, 2019
While you hope you'll never need a financing contingency, you should always ask for one. Find out what it is and why all buyers should ask for one.
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Buyer looking at apartment and all the things he needs to check during the walkthrough
April 17, 2019
What is a walkthrough? What should you check? When should you do it? Find the answers to these questions and learn what to do if there's a problem.
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Buyers stand at game show podiums while the host reveals their best and final offers for their NYC apartment purchase
August 6, 2019
Best and final offer rounds in NYC can be tricky and stressful but there are some simple tips you can use to make the process as smooth as possible!
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Apartment building printing cash like a printing press
March 27, 2019
What should you watch out for when you're buying an investment property in NYC? Yoreevo walks you through all the basics!
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Buyer riding a rollercoaster over a wavy line chart showing NYC real estate transaction seasonality
April 29, 2019
Is there a best time of the year to buy NYC real estate? There is but the benefit is not as pronounced as it is nationwide.
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A seller and real estate broker are arm wrestling to negotiate the broker commission but the broker has a steel arm and can't lose
August 3, 2019
Tips and information to help you negotiate down the "normal" 6% broker commission when you're getting ready to sell your NYC apartment
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Buyer opening $0 property tax bill because of tax abatement
October 22, 2018
Yoreevo provides a step by step tutorial to verify NYC tax abatements and figure out exactly how much you'll be saving on property taxes.
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A tenant is looking at a WeWork while a Yoreevo agent shows them a desk that's available for a discount
February 19, 2019
Get half a month free on a one year lease by working with Yoreevo. Save on WeWork and any other co-working space nationwide!
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General pointing to presentation which outlines the asking price strategies to get the apartment sold. The options are Low, In-Line or High.
May 28, 2019
One of the trickiest parts of listing your NYC apartment for sale is setting the asking price. Learn the different approaches and which is right for you.
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Buyer looking at stands filled with identical buyer agent wondering which one to choose
September 5, 2019
Learn how to find a buyer's agent, what they do and if you need one when you're looking to buy an apartment in New York City
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A buyer is showing the seller his stacks of cash as proof of funds but they're actually bricks with one bill on the outside
August 24, 2019
Find out what proof of funds is and why you should be including it (in some form) with every offer you make on an apartment in NYC
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Buyer looking at a sponsor unit apartment with Sponsored By Yoreevo scattered around the room
August 21, 2019
Ever see "sponsor unit" when you're searching for apartments? Find out what this NYC specific term means and the advantages and disadvantages of buying one!
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Buyer putting his foot on the ground into his NYC pied-a-terre
July 10, 2019
Pied-a-terres are an important component of the NYC real estate market. Find out why they matter to your NYC apartment search, even if you're a local!
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Real estate broker winning the Annual Hourly Rate Award at top of Olympics stand
October 25, 2018
You're paying your broker hundred of dollars per hour to help you buy an apartment. Check out the math and what you can do about it.
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Woman trying to get past high security door by scanning the building's certificate of occupancy
December 20, 2018
Learn what a certificate of occupancy is, why it is required and what to do if you're looking to purchase an apartment without one.
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Homeowner cutting out a coupon to apply to the NYC STAR program
July 5, 2019
If you're a homeowner in NYC, the STAR program can save you a few hundred bucks a year! But first you need to register. Find out how and more!
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Seller trying to move from his building but there is a toll labeled Flip Tax he has to pay
August 15, 2018
The Flip Tax in NYC is a transfer fee imposed by a building. Despite the name, it is not actually a tax as it goes to the building. Learn more inside.
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Buyer reading a mansion tax bill for his new property
June 11, 2018
Click for the updated mansion tax rates following New York's 2020 budget as well as everything else you should know when buying a home over $1 million
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Excited seller looks their open house out window at a buyer showing up with cash
July 17, 2019
Find out the benefits of buying real estate with all cash and why sellers universally prefer it over buying with a mortgage
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Annoyed real estate agent holding her commission in sacks of cash giving a StreetEasy employee one coin as a rental fee
September 14, 2017
Streeteasy started charging for rentals in the summer of 2017 which caused an uproar from brokers. A year later, Streeteasy has clearly won.
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Real estate broker greeting a woman getting off the bus to NYC with a sign offering help to find an apartment and get her a broker fee rebate
September 29, 2019
Rental broker fees are enormous - learn how to reduce yours or even get cash back when renting an apartment in NYC!
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Diagram showing the steps involved in successfully listing and selling an NYC apartment
October 21, 2019
Whether you're thinking about selling your apartment with a broker or as a FSBO, Yoreevo runs you through the necessary steps
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Real estate buyer or seller is putting real estate comps into a cartoon machine and out pops an apartment's value
November 14, 2019
Real estate comps are critical to estimating the value of every property. Learn what they are and how to use them.
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Confused buyer looking at Aztec form, thinking of the Aztecs from ancient Mexico
October 3, 2019
Aztech Recognition Agreements (or Aztec Forms) are one of the quirkier parts of a co-op application. Find out what it is and why you need one.
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Inspector propping up a house on a jack looking at the pipes and other mechanicals
February 7, 2020
Doing an inspection when you're buying an apartment in NYC will certainly reduce the transaction's risk but make sure you approach it the right way.
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Buyer sitting at a table that's about to break because the offering plan on top of it is so big and heavy
March 20, 2020
Most NYC buyers only hear about an offering plan when it's being delivered to their attorney but they have a lot of good information you may want to read before submitting an offer on new development.
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Buyer walking into an apartment for her co-op interview. She's worried it's going to be intense but everyone is friendly.
April 3, 2020
Stop worrying about your NYC co-op interview and read our guide so you know what to expect!
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Buyer looking at a real estate contract with a magnifying glass to read the find print
April 11, 2020
While an accepted offer is a big step, it's not until the contract is finalized and signed until you're officially buying an NYC apartment
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Buyer looking at two lenders trying to decide whether she needs a pre-approval or pre-qualification
January 9, 2020
It can be easy to confuse a pre-approval and pre-qualification. Learn about the difference and which you should get.
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Buyer looks at two options - go direct to listing broker or use a buyer's broker and get a commission rebate
March 20, 2018
By using a buyer’s broker, you'll receive dedicated representation for free and if your broker offers commission rebates, it’s even better than free!
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Townhouse with price tag attached that has the price and additional buyer closing costs
October 17, 2018
Closing costs are a material part of any NYC real estate transaction. Learn what to expect and how to minimize your closing costs.
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Buyer juggling the loan application, building application and contract after reaching an accepted offer
March 5, 2019
Learn what steps need there are after your offer to buy a New York City apartment is accepted and how long the process should take
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A group of co-op owners nervously watching a bingo cage to see if their maintenance is going to go up or down
February 18, 2020
Co-op maintenance is an important part of your affordability math. Find out what is, how much it increases and how to find out a building's maintenance history.
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Buyer presenting a seller an offer of a suitcase full of cash with a letter wrapped in bow on top
March 20, 2020
Making an offer on an apartment in NYC can be nerve-wracking but it doesn't need to be! Here are the items and terms that should be included with your offer.
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Buyer stopped at a red light in a moving van with a sign that says "Need Board Approval"
March 28, 2020
The board approval process in NYC can seem black box but we do have some general guidelines that can help shape your buying timeline.
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Buyer dressed like accountant confused by REBNY financial statement
November 27, 2018
Learn about the REBNY financial statement, how to fill it out and why it's usually required when bidding on an apartment in NYC
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Real estate broker with a commission check sticking out of his briefcase. Zoomed in we see it is for "a lot of money!"
October 30, 2020
Find out what life is like for real estate agents that aren't on TV and why it affects what you pay to buy or sell your NYC apartment.
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Buyer walking into their NYC condo
May 11, 2020
Avoid these common mistakes and oversights when buying a condo in NYC
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Apartment owner looking out his window over a castle wall labeled "Title Insurance" where a contractor, heir and tax collector are waiting.
October 22, 2020
Learn what title insurance is, why you need it and how much it costs in NYC
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Coronavirus climbing the Empire State Building like King Kong
December 2, 2020
Learn about some of the many impacts coronavirus is having on the NYC residential real estate market
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Buyer looking at a long road paved with mortgage payments with off ramps with reasons she may pay it off early
May 13, 2019
Find out why a 30 year fixed mortgage almost never makes sense for NYC apartment buyers and what kind of mortgage you should get instead
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Nervous owners looking out their windows as a fuse labeled Land Lease attached to their building is burning
October 30, 2020
Did you find a listing in NYC that is too good to be true, but the maintenance fees are high? You are likely dealing with a land lease. Learn more inside.
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