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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
Personal and Professional Co-op Reference Letter Tips With Samples
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, 2018
Buying a Co-op in NYC: Everything You Need to Know
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 model - 1% commissions instead of 3%
July 5, 2018
The Authoritative Guide to Buyer Agent Commission Rebates in NYC
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
Buyer or renter pouring money down complicated slide with multiple routes
November 14, 2018
Buy Versus Rent - Practical Advice For NYC
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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Seller handing keys to buyer and others with hands out for seller closing costs
October 19, 2018
Everything You Need To Know About NYC Seller Closing Costs
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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Townhouse with price tag attached that has the price and additional buyer closing costs
October 17, 2018
Everything You Need To Know About NYC Buyer Closing Costs
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
What's The Difference Between A Co-op And A Condo In NYC?
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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Ray gun labeled CEMA shrinking mortgage recording tax
November 2, 2018
CEMA - What Is It And Should You Look For One?
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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Buyer dressed like accountant confused by REBNY financial statement
November 27, 2018
REBNY Financial Statement - What Is It And Why Do You Need It?
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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Buyer looking at extremely small co-op apartment while flier says it is 1,000 square feet
December 11, 2018
How To Avoid Co-op Square Footage Pitfalls
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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Shiny NYC new development building with a red bow on top
February 26, 2019
Guide To Buying New Development In NYC
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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Owner showing potential buyers his NYC FSBO listing in his pajamas
December 31, 2018
The Costs and Savings of a FSBO in NYC
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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Confident buyer holding up a published Buyer's Guide
December 12, 2018
NYC Buyer's Guide - What Do You Need To Know?
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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Two first time home buyers stand in front of their new home
November 20, 2018
Helpful Tips For NYC First Time Home Buyers
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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Nervous buyer surrounded by heads telling her mortgage rates are going up and she needs to buy now
October 8, 2018
How Does the Fed Rate Affect Mortgage Rates?
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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Vacuum labeled NYS and NYS sucking the transfer tax out a sack of cash the buyer is handing the seller
July 5, 2018
A Comprehensive Guide to the NYS and NYC Transfer Tax
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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Real estate broker with a commission check sticking out of his briefcase. Zoomed in we see it is for "a lot of money!"
September 19, 2018
How Much Do NYC Real Estate Agents Make?
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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Real estate broker with a big magnet sucking up real estate broker commissions in the form of cash
August 9, 2017
Are NYC Real Estate Broker Commissions Too High?
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
Real Estate Agent vs Broker: The Real Difference
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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Buyer riding a rollercoaster over a wavy line chart showing NYC real estate transaction seasonality
April 29, 2019
When Is The Best Time To Buy An NYC Apartment?
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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Cartoon Trump letting the air out of a building to signify tax reform will weaken the NYC real estate market
February 1, 2018
How Badly Will Tax Reform Impact NYC Real Estate?
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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Nervous owners looking out their windows as a fuse labeled Ground Lease attached to their building is burning
August 20, 2018
Ground Lease: An Authoritative Guide for NYC Buyers
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 ground lease. Learn more inside.
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Building surrounded by scaffolding due to local law 11
August 3, 2018
Local Law 11 and FISP in NYC: A Comprehensive Guide to the Safety Program
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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Banker handing a buyer his mortgage with a government employee in the back looking for the NYC mortgage recording tax
July 10, 2018
The Complete Guide to the NYC Mortgage Recording Tax
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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Buyer looks at two options - go direct to listing broker or use a buyer's broker and get a commission rebate
March 20, 2018
Why Should You Use A Buyer’s Broker And Not Go Direct?
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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Confusing diagram used as a metaphor for the complicated way in which buyer's brokers get paid
August 27, 2017
How Does A Buyside Broker Get Paid And Why?
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
What Is A Financing Contingency And Do You Need One?
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 To Do At A Walkthrough + Checklist
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 cheer New York's Attorney General writing a letter clarifying commission rebates are legal
March 6, 2018
Are Commission Rebates Legal?
Learn about the legality of commission rebates and why the New York Attorney General's office encourages all buyers to ask for one.
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Buyer looking at stands filled with identical buyer agent wondering which one to choose
September 5, 2019
What is a Buyer's Agent and How Do You Find One?
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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Buyers stand at game show podiums while the host reveals their best and final offers for their NYC apartment purchase
August 6, 2019
How to Navigate a Best and Final Offer Round in NYC
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
Guide to Buying an Investment Property in NYC
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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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
How To Negotiate A Broker Commission When Selling In NYC
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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A tenant is looking at a WeWork while a Yoreevo agent shows them a desk that's available for a discount
February 19, 2019
Half A Month Free! Get Your WeWork Discount
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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Excited seller looks their open house out window at a buyer showing up with cash
July 17, 2019
Buying a House with Cash vs. Mortgage in NYC
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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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
Strategies For Setting NYC Apartment Asking Prices
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 a long road paved with mortgage payments with off ramps with reasons she may pay it off early
May 13, 2019
Why A 30 Year Fixed Mortgage Rarely Makes Sense In NYC
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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Buyer opening $0 property tax bill because of tax abatement
October 22, 2018
NYC 421a Tax Abatements - What Are They And How To Verify
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 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
Understanding Proof of Funds in Real Estate with Sample Letter
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
What Is A Sponsor Unit?
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
Why Pied-à-Terres Matter For All NYC Buyers
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
Think Your Broker Is Worth $700 Per Hour? You Better
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
Guide to Understanding a NYC Certificate of Occupancy
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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Confused buyer looking at Aztec form, thinking of the Aztecs from ancient Mexico
October 4, 2019
What is an Aztech Recognition Agreement and Why Do You Need One?
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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Buyer reading a mansion tax bill for his new property
June 11, 2018
Mansion Tax NYC: Everything You Need To Know
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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Homeowner cutting out a coupon to apply to the NYC STAR program
July 5, 2019
Understanding the School Tax Relief (STAR) Program in NYC
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: Everything NYC Buyers Need To Know
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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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
How To Lower Your NYC Rental Broker Fee
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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Annoyed real estate agent holding her commission in sacks of cash giving a StreetEasy employee one coin as a rental fee
September 14, 2017
What’s Changed At Streeteasy And Will It Affect NYC Buyers? 2018 Update
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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Diagram showing the steps involved in successfully listing and selling an NYC apartment
October 21, 2019
NYC Seller's Guide - How To Sell Your Apartment
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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Buyer juggling the loan application, building application and contract after reaching an accepted offer
March 5, 2019
What Happens After Your NYC Apartment Offer Is Accepted?
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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Real estate buyer or seller is putting real estate comps into a cartoon machine and out pops an apartment's value
November 14, 2019
How To Use and Understand NYC Real Estate Comps
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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