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Life takes funny turns. I'm going to rent outhe "dream apt.' I spent a year gut renovating, and expected to live in forever,
A little background:
It's a 4-5 BR duplex just north of W96th St., west of Broadway, in a doorman condo. Some high end finishes including upscale kitchen, a terrific audio/video system with touch screen keypads in major rooms, and 3wired-in flat screen tv's, phone system,/intercom, new bathrooms with high end finishes, etc.
I'm looking for recommendations for a good broker for this caliber of apt. In a nice though not considered fancy pre-war condo.
I've seen recommendations on the board for good selling brokers -- are there qny out there you would recommend as neighborhood stars in rentals ofmthis caliber?
In advance, thanks to all.
Hello, please feel free to contact me privately at my e-mail.
Hi, uws_buyer. I'm sorry to see you having to change course. Hope the family is OK.
Rita Citrin seems like a good fit.
Of course, Rachel Realty would know the tenant pool. It depends on your comfort level with them, based on your own experience.
This is the kind of thing I would love -- I live in the neighborhood -- but we just took two new sales listings and I'd be concerned about overcommiting.
Maybe Klara Madlin or Rick Wohlfarth? Both are pretty fantastic, and I think they'd each do a "special" rental.
DG Neary Realty
Harvey Siegel at Fenwicks does a lot of classic X rentals on UWS. He has a 20k listing at the Apthorp right now.
nybits.com - why pay a broker for what you can get for free?
stevehjx, uws_buyer is looking for an agent to market this property.
I recommend Nan Shipley @ Rand Realty p: (917) 837-6225 e: email@example.com (note that I previously gushed about Nan on the "buy side" when she found/helped me close on MY dream UWS 2BR/2BA just about a year and a half ago).
Nan also does "specialty rentals" - which I would say yours is (if it were mine, I would want a "dream tenant" to match my dream apartment - that is, a tenant who will pay their rent early/care for the space as though it were their very own/leave when they say they will - and a broker who understands what that means). Nan was able to help my sister and brother-in-law in their quest for a rented pied-à-terre on the UWS earlier this year (and they were - by their own reckoning - "fussy").
Nan is great because: 1) she uncannily translates what the renter/buyer wants into what they see - no one is frustrated and you will see the right kind of traffic, 2) she knows virtually every building and unit on the market (and about to be on the market) - your comparables..., 3) she's a sophisticated and effective promoter of space she is representing (in addition to the buy/rent side, I have been to many of her open houses - just for fun!); 4) as far as I can tell, she is constantly "on the job"; and 5) she has a good rapport with LOTS of other realtors - in my case, that meant that Nan was able to get me in early to see the apartment I purchased, and I believe that my offer came with added credibility because I had worked with Nan.
Sorry for the ramble...but I hope that this helps. Good luck in renting your home - I hope that it goes well.
Both Kinnaird Fox and I would be happy to help you -- we're with Wohlfarth & Associates here on the UWS. Feel free to contact us
Rita Citrin is very nice and professional and does lots of $10-20k UWS apts. Julie Rose at Citi Habitats is a good one.
Wouldn't go with Rachel Realty
He can still list it on nybits.
Why bother? H/She is betting off listing with an agent and getting maximum exposure as well as pre-qualified prospective tenants. I've never had an exclusive that didn't end up becoming a a co-broke. Why? Because most of the people I got who came on their own had drama and I knew my LL's wouldn't be interested.
Hey uws_buyer. I would be happy to assist you in connection with your rental. I have many, many years experience working with inventory in this area. (25 years in residential real estate.) For a number of years, I helped to oversee the rentals within a portfolio of more than 100 rental buildings, personally leasing at least 1,000 units. I worked with a landlord who owned large upscale rental properties in a full-service prewar building on West End Avenue and 88th Street (some units were 1800+ sq. ft.) and 2,000 sq. ft. apartments in a nondescript elevator building on 99th Street and Broadway. I also handled numerous classic 6's in a prewar building on WEA and 104th Street and I recently rented a luxury coop duplex property on 95th Street between Columbus Avenue & CPW. I am associated with Halstead Property and would be delighted to work with you. Feel free to contact me at firstname.lastname@example.org (Jeff). Best of luck with the apartment and please feel free to contact me (Jeff) at email@example.com should you wish my assistance or if you have any questions concerning the rental value. All best, Jeff
UWS_buyer: I would be happy to take a look at your property and give you a realistic idea of what it can be rented for. Please do not hesitate to reach out to me at firstname.lastname@example.org.
Thanks to everyone for their comments. I really appreciate it.
Does anyone have any strong thoughts about Hedding Realty as good candidate for this job? (I've seen them recommended as selling brokers on these boards - how 'bout as rental brokers?)
Again, thanks to all!
Other than in Doug's own building (the Bromley), I don't recall encountering his firm as rental brokers. I'm sure he or Jennifer or Lori would do an excellent job for you, given the opportunity. They are all very good. The only negative would be that your deal isn't really in their wheelhouse.
Hello, if u r still looking may I offer my own services as I am an experienced realtor with Sotheby's International Realty and I live next door to the building you mention. You can find me a Diane.email@example.com.
>Because most of the people I got who came on their own had drama and I knew my LL's wouldn't be interested.
IMHO, marketing is not the issue here. All the brokers and firms mentioned are going to market your place basically the same way they would market a sale.
The main difference is that five-figure rental customers are going to want/need a little more "hand-feeding" than high-end sales customers would.
For example, if someone is paying big bucks on a rental, they'll want some customization done for them. I once had loft customers in Tribeca have their landlord take out sconces in the master BR and install a glass shower door in the master bath. (Purchase customers, on the other hand, would just make these changes themselves).
So you want to hire a broker you like, because you're going to have repeated contact with him/her about these small points.
A corollary to this is that you're never really done with a rental. If you just finished the reno of your dreams, you don't know what's going to break yet, but your tenants are going to find it, and they're going to chase you down to get it fixed.
This can be a pain, if say, you are trying to establish a new life in 15 CPW, or are working on your vacation house in another country (two more real-life examples).
The solution is to get the tenant off your back by throwing the broker(s) from the deal back in the middle -- in essence, to get your broker to do some property management for you for free, after she/he has already been paid.
Most good brokers will happily do this (remember, you own a fancy apartment and are thus worth sucking up to).
But again, what I'm pointing to is that you want to hire someone you're going to enjoy having recurring contact with.
An extremely thoughtful post by Ali.
Couldn't agree more with Ali. I had someone handle a $$$ short-term rental for me, and the amount of hand-holding required by client was unbelievable (even if something is working, if they don't know how to turn it on, who are they going to call?) My broker was great and I didn't have to answer too many questions. I'm not comfortable posting his info on here, but you can shoot me an email at nyc10023 a at yahoo dot com.
I'm sorry to hear that you're moving, but my voyeuristic side is happy that you're listing so that we can see some pics (I think I told you that I walked through your apt before it was reno-'ed, pre-sale, summer '07).
It does not matter who lists the property. It all goes in into the same database. You need to interview agents who are honest and will share the listings with other agents, market knowledge, well culturally savvy will do well renting your apartment. There are a lot of people from overseas looking to rent 1-2 years. Good luck.
Ben Vardi at 247 NYC REALTY / Charles Rutenberg Realty does a lot of classic X rentals on UWS.
Useless self-promotional shilling is not the same as a recommendation. Quite the opposite, in fact.
And this thread is 9 months old, so you're shilling to an empty house.
Alan, what's your issue with Classic X?
unknown variable: the same evil factor that causes brokers' square-footage expansion