Ads in NY Times -- Trust or not -- Bond, NY Living Solutions etc
Started by joedavis
over 16 years ago
Posts: 703
Member since: Aug 2007
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There are several ads in the NYT, typically from brokers affiliated with BOND or with NY Living Solutions They advertise some places (e.g., 111 Fulton St -- "District") for sq ft slightly different and prices quite a bit lower than the STreeteasy prices listed for any of the possible matching apartments. I suspect that these are just brokers who are listing other peoples listings so they can... [more]
There are several ads in the NYT, typically from brokers affiliated with BOND or with NY Living Solutions
They advertise some places (e.g., 111 Fulton St -- "District") for sq ft slightly different and prices quite a bit lower than the STreeteasy prices listed for any of the possible matching apartments.
I suspect that these are just brokers who are listing other peoples listings so they can recruit some business.
Still, are these prices the prices the developer is telling this broker to advert at or is this a fundamentally m isleading ad
check for instance
http://realestate.nytimes.com/sales/detail/1501-DAVIDE002S
-- doesnt seem to match the price of anything on streeteasy for this building
http://www.streeteasy.com/nyc/building/111-fulton-street-new_york
given the link 1501 I wonder if this is unit 1501 and is a resale -- in which case this is a spectacular discount from the original price
hmm -- checking again
I found it
http://www.streeteasy.com/nyc/sale/440157-condo-60-ann-street-financial-district-new-york#
but it says listed by the NYLS broker on July 24th and is now already unavailable..
weird
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Response by evnyc
over 16 years ago
Posts: 1844
Member since: Aug 2008
Both Bond and NYLS seem to have very slick ads and poor reputations. I don't know much about their business practices but I do note that both flood craigslist with ads. That's always a huge red flag to me. I would put both a notch below City Habitats, which does have its own listings but is a pretty sleazy outfit.
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Response by dirtyrotten
over 16 years ago
Posts: 27
Member since: Jul 2009
Agreed. NYLS is all over craigslist without actually displaying any actual pictures of the units that they are advertising. I've dealt with Bond and their agents seem professional but I agree their ads are often not accurate depictions of the property.
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Response by Fluter
over 16 years ago
Posts: 372
Member since: Apr 2009
There is a photo of MY apartment being used by an agent on Craig's List as an advertisement for an apartment for sale, he's been running it for almost 2 years now. My apartment is not for sale!!!, he swiped the photo off of my broker's website.
What's more, so far as I know, there are no apartments in my line for sale at all in my building. I get a little angry every time I see his ad, I would contact the brokerage and complain but I don't think that particular company gives a, um, hoot about such things.
BTW there are some websites that review NYC real estate brokerages, they make interesting reading.
{Manhattan real estate agent. 917. 365. 0876}
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Response by tenemental
over 16 years ago
Posts: 1282
Member since: Sep 2007
I've seen Bond carrying a few open listings, sometimes even multiple Bond brokers listing the same unit (look for a $529k 2br in co-op Village, 5XX Grand Street). In that case, why go though them if you can find the owner's FSBO listing as well, which is often the case?
For the most part, though, both firms look to be simply fishing for buyers w/ generic listings like Fluter described. A company with a similar business model, Homestead, went under earlier this year. joedavis, I'm sure you know more about your market niche than brokers at either firm.
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Response by joedavis
over 16 years ago
Posts: 703
Member since: Aug 2007
can you point us to some of the broker review sites -- I may want to enter reviews
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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009
When I used to search online ads pre streeteasy on the NYT website, I got to a point where if it was a Bond ad, I wouldn't even click it.
my impression(s) were they are fishing or bait and switch for your price point.
Use streeteasy search! It's not tremendously new user friendly but once you get used to it it's all you need.
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Response by NancyP
over 16 years ago
Posts: 9
Member since: Mar 2009
Thanks for this thread. I just noticed a new posting in my building with a Bond agent on the NYT site, but no apartment #, and the posting isn't on StreetEasy. I don't think it's someone else's listing, because I follow the listings closely in my building and haven't seen this one before. What gives?
Both Bond and NYLS seem to have very slick ads and poor reputations. I don't know much about their business practices but I do note that both flood craigslist with ads. That's always a huge red flag to me. I would put both a notch below City Habitats, which does have its own listings but is a pretty sleazy outfit.
Agreed. NYLS is all over craigslist without actually displaying any actual pictures of the units that they are advertising. I've dealt with Bond and their agents seem professional but I agree their ads are often not accurate depictions of the property.
There is a photo of MY apartment being used by an agent on Craig's List as an advertisement for an apartment for sale, he's been running it for almost 2 years now. My apartment is not for sale!!!, he swiped the photo off of my broker's website.
What's more, so far as I know, there are no apartments in my line for sale at all in my building. I get a little angry every time I see his ad, I would contact the brokerage and complain but I don't think that particular company gives a, um, hoot about such things.
BTW there are some websites that review NYC real estate brokerages, they make interesting reading.
{Manhattan real estate agent. 917. 365. 0876}
I've seen Bond carrying a few open listings, sometimes even multiple Bond brokers listing the same unit (look for a $529k 2br in co-op Village, 5XX Grand Street). In that case, why go though them if you can find the owner's FSBO listing as well, which is often the case?
For the most part, though, both firms look to be simply fishing for buyers w/ generic listings like Fluter described. A company with a similar business model, Homestead, went under earlier this year. joedavis, I'm sure you know more about your market niche than brokers at either firm.
can you point us to some of the broker review sites -- I may want to enter reviews
When I used to search online ads pre streeteasy on the NYT website, I got to a point where if it was a Bond ad, I wouldn't even click it.
my impression(s) were they are fishing or bait and switch for your price point.
Use streeteasy search! It's not tremendously new user friendly but once you get used to it it's all you need.
Thanks for this thread. I just noticed a new posting in my building with a Bond agent on the NYT site, but no apartment #, and the posting isn't on StreetEasy. I don't think it's someone else's listing, because I follow the listings closely in my building and haven't seen this one before. What gives?
http://realestate.nytimes.com/sales/detail/343-424-16163/new-york-ny-usa/PRICE-HIGH-sort/333-E-14TH-ST-address/185-158750--44-1543177--343-424-16163--56-1000937--46-1102820-ls/5-t