highest and best at the majestic!!!
Started by AgentRachel
almost 17 years ago
Posts: 275
Member since: Nov 2008
Discussion about
Ok sideliners, here it is. We have a listing in a PRIME co-op that we are selling Thursday for highest and best. See below and email me if you are interested. This is a SICK deal. REALLY! http://www.nytimes.com/2009/03/08/realestate/08deal2.html?_r=1&ref=realestate
UWS8883 (whoever you are) - if you're serious, read bender1961's comment in this thread. It captures the problem quite nicely.
The 2200 in BHS's ad probably originated as Toback-family legend, and the BHS people didn't bother to check. I don't think Rachel should take the gas pipe over it. Nobody buys at 115 CPW as if they were purchasing fabric or office space.
15K would be difficult to price, as 14K is the only exact comparison.
mobdent, that short hallway is shared only by the J, K and L apartments. When one of those owners wants to spiff it up, they will. If the neighbors won't share the expense, you do it yourself.
this is not name calling....this woman has identified herself as a broker attempting to sell an apartment that she claims is 2,200 sq ft. it is clear that it is at least 25% less than that. when numerous posters pointed this out to her, she claimed they were wrong, that she didn't know the sq ft, that someone else made her do it, etc.
for $ 2 million it seems to many here that she might be more diligent than telling us that this is a sick deal.
no one is quibbling with the pricing...let the market decide...do not, however, represent that a place is 2,200 sq ft if it isn't even close.
Hello uwsmom. Perhaps you are my neighbor. Maybe I'm too kind for this site. I have several children so perhaps that is why I am a bit sensitive to name calling. I do think you are crucifying this women who none of us have ever met and frankly, I'm just not comfortable with this. It would be nice if she would fess up to her mistake but perhaps as she says she "isn't at liberty" to. I hope people don't judge all of us this harshly in our careers. I'm reading the other posts and it is a little upsetting how you are hanging this woman for trying to do her job. "May he who is without sin cast the first stone." Perhaps, the joke is on me though and this is all fun and games on this site.
huh?
why is it ok to represent a property at an inflated (might I add significantly) size? why are you feeling sorry for this liar? this is not fun and games...she is representative of a very unfortunate group of people who have made a living by lying to honest people who want to purchase or rent a home.
why are you defending her?
Columbia, the bottom line is, I do not think she was trying to lie and I think you are being cruel. Honesly, I really think I must be missing something.
:)
First rule of StreetEasy - generally NOT a broker-friendly site. Unfortunately, Agent Rachel is just adding fuel to the fire with this thread.
Agreed, name calling is not nice and to be perfectly honest, I was a bit appalled by the way people conversed when I first started reading these threads (actually, I do feel like pulling a few ears from time to time). Eventually, you warm up to it. Such is (anonymous) life on the internet, for most :(.
hey---how do you know if she wasn't lying? yep---you are missing something...it is absolutely, positively, not OK to lie. why did she continue to insist? hey--how about poor bernie? i'm sure you feel for him as well.
uws8883: reality is this, she drew first blood. She never should have posted the OP without being honest about it. She should have backed down when she realized she was completely wrong. You didn't see the other brokers come to her defense did you? Burkhardt, digs, front porch, nshipley. They wanted no part of this, she buried herself. Very few threads get this nasty unless politics are involved. Find the threads that discuss apt valuations, much more interesting, and civil...peace.
UWS8883: I think you are right, so do me a favor and ignore all my posts, because clearly you can't handle it, and the last thing I would want is to cause you discomfort. Welcome to the internet...
And one more thing, it's clear she's a young inexperienced broker who puts no thought into her questions and posts. And I'm sure I go over the line, oh, 75% of the time, but you know what, I've been jerked around by so many brokers and I'm finally sick of it.
UWS8883 - It's a tough, but generally smart, crowd...
but what about the children!?
heh heh
UWS8883, it's a never-ending theme here. How many square feet, how to calculate, whether it matters, and on and on and on. It's definitely not chalked up as just something else a broker is allowed some hyperbole over. The fact is that 15K's rooms run smaller than most in that building. That and its other defects will be the real factors. Its real asset is that there're still people who really want to be in 115 CPW and need five rooms. One or more of those people is going to see this as a relatively cheap way to get that. When and for how much, we'll see.
UWS8883, I tend to be the defender type, but if you're a broker on this site you ought to be careful and well-informed if you don't want some major heat.
What got me was that anyone who had spent any time at all looking at floor plans would have come up with something in the neighborhood of 1500-1700 sf just looking at it. Any number of responses to the error would have been so much better.
I think she is young, unseasoned, and overly eager. I am uncomfortable with some people's need to tear her down repeatedly, but she shouldn't be using this site for broker research and sales attempts without a modicum of restraint, knowledge and care.
It doesn't seem anyone agrees with me which I find interesting. I'm simply speaking about respect and giving someone the benefit of the doubt. It does post 2200 on the company site. I don't know if she wrote that or not. I just think it is wrong to crucify someone like that. Has she cause harm to anyone here? I did not know brokers weren't welcome here so forgive me.
Wow... Rachel got WORKED in this thread. Tough crowd, kids, tough crowd.
I'm slightly horried. Perhaps I'm too much delicate for this site.
everyone is welcome here including brokers. why are you continuing to defend this woman? she was given the benefit of the doubt and remained adamant. for goodness sake, i hope you're not one of those people who feel that measuring square footage is like setting up a moon shot. length times width. if i tell you that 10 times 20 is 3,000 --- will you give me the benefit of the doubt? particularly, if i have a financial incentive to do so?
what is your issue?
SE saved me from buying last september. It gave me the information I needed to protect myself from broker that was trying to convince me to buy or be priced out forever. Since I I live 5.000 miles away, it was a bit hard to understand the market. UD and several Streeteasy users gave me good advice.
I keep what I want to, and try not to get annoyed easily...I definitely know a lot more about NY RE now!
CC- the issue is the harsh tone...it's not difficult to comprehend UWS8883's issue. One can disagree with it, but enough already...
As the voice of reason, THREAD IS CLOSED!
Agentrachel is UWS8883. Poped put of nowhere, never saw SE before...checked the company site....
totally, she's doing more market research! this time her question is: "why do people hate me"
sorry P09, I couldn't resist!
Plus, being the 125th comment is fantastic...
watch out mimi...patient had laid down the law. in all caps, in case we didn't catch it. at least agent liar has the brains to change identities.
hahah, 126th post! Beat ya to it
yes, its gone there...
cc, you're like some Marvel cartoon avenger character. have a glass of wine.
wait, don't leave us hanging...which one?
Hawkeye? (he was an Avenger, right?)
Poor Rachel. I've met her, she's really nice.
It's pretty standard to go by whatever square footage is on the tax records. When you measure useable square footage, it's always less. And I think condos/coops can divide up a portion of the common areas and add that square footage to your individual apartment's.
My personal experience has been that condos/coops useable square footage is 100-200 square feet less than the tax records, and I've been looking all over NYC and LA. I do agree that an unexplained 800sf missing is ridiculous when the place is supposed to be 2200sf but I don't think it's Rachel's fault. If that's what's on record, that's what's on record. Not her job to go to the assessor and have the measurement changed.
SE is being hijacked by someone trying to pull down all this treads about AR, suddendly ressurecting old threads by the milisecond. Any thoughts?
Rach - what doesn't kill you makes you stronger, no? This may have been a very good thread for you after all. Please, just don't use the term "sick deal" in professional situations...unless, of coure Lindsey is your client ;)
Best.
Mimi, someone is trying to hijack SE, but it's not to pull down the threads about AR.
How do you know?
Oops, meant to post this here. This one's called "Broker's Lament" - it goes out to Agent Rachel
Interest rates have dropped to zero
Ben Bernanke, he's my hero
To one and all, my price won't last
(And that's because it's falling fast!)
So bring your kids and bring your spouses
To unattended open houses.
I'll bring the cookies, I'll bring the beers
And I'll be smiling through my tears.
Oh God, what will become of me?
Seven months, and just one fee.
Selling homes, there's no enjoyment -
And now I'm facing unemployment.
I'm at the point where I would kill
To have a single mark'table skill.
So now my only lasting thrill:
To be Streeteasy's resident shill.
So come on tech_guy, L-I-C-C -
Sing of naive denial with me!
Come on waverly, come on alpine -
Here's to flat prices in 2009!
Juiceman and spunky, SteveF and Ali -
We all know the market is ready to rally!
But blindfolds and earplugs can't stop me from thinking
Not all is okay, as values keep sinking...
Because this has been done before. Same types/subjects of threads resurrected with one line tags.
sticky, a co-op unit's square feet aren't in the building's tax records. It's recorded nowhere.
nor of course, despite the fact that many people say it, are common areas to be included in square footage. I must admit I have always found that concept to be hilarious...how much of the lobby, basement, hallways, etc. would you append to each unit? Answer, as much as you need to come to the number you want to quote.
" But, hey I must have made it up out of thin air! Not sure how they measure in Columbia County but i'll bet your place isn't the exact square footage that the county clerk has on record."
Actually, AgentRachel, that is exactly what they do outside of NYC. When I go to sell my house, the agent will ONLY list it with the square footage on file with the tax assessor, which excludes my 3 car garage, all interior closets and hallways, the finished 1500 sf walk-out basement with a full bath, kitchen, etc. So outside NYC, square footage is NOT inflated, you get MORE than you pay for.
I really think they should make it a crime to lie like you and your firm are doing, with a fine of $10k per listing that is inflated as badly as yours.
AgentRachel, you have a reputation to defend. sellers like this are joking at your expense. why don't you measure the place to double check before losing face about a fact that would only trick (if so) a russian ex-billionaire? it's very easy to see that the whole floor plan can be contained in a rectangle of 54x31, which is less than 1700 like everybody said before... it just takes 2 seconds, a quick loss of credibility that is.
Agent Rachel: "I am not at liberty to offer a number other than the one I've been given."
You sound a lot like the Madoff and Stanford fraud intermediaries (feeder funds & employees) who ignored the obvious and were complicit in the fraud. Like it or not, you are complicit in advertising what everyone seems to think is a fraudulent square footage. Just because you think others might do it does not change your culpability either.
why all the hate? talk about a mob mentality.. everyone knows sqft estimates are inflated..move along, nothing to see here..
Wrong: everyone does not inflate the sq ft estimates. Some people do, others do not. There's a choice.
Right, some people do not inflate the square footage and are put at a disadvantage to those people who do inflate their numbers. I congratulate the people at StreetEasy for hammering home the truth. It doesn't have to get so nasty and personal, repeating the truth is sufficient. With enough complaining, we will change the world and agents will think twice before publishing such lies.
I don't buy the 'everyone knows' argument. Everyone knows the square footage numbers are inflated, Everyone knows the tax numbers are fake. Everyone knows the tax deductibility percentage is a lie. Everyone knows the address is wrong. Everyone knows the dice are loaded. It is a slippery slope. The numbers should be accurate.
This thread has probably generated as many posts as the one I started on my agent-based competition, who had posted their apartment on the Times website using the wrong zip code, in order to show up in three neighborhoods. I still laugh when I think of how the agent's misrepresentation was defended by a third grade teacher. I guess you now know who teaches your kids to lie.
interesting point. what motivates the defenders? "oh, poor bernie didn't mean to ruin everyone's life. he was just trying to be a good guy." or "poor bernie...he was just doing what everyone else was except for a lot more and he got caught." and then the scolders, "who are you(YOU!!!) to accuse Bernard"
why the defense?
A friend of mine told me a story about a school that wanted to introduce a class in order to try to teach kids to be honest. The parents complained, saying that they didn't want their kids to be taught to be 'suckers'. So, people are caught in a bind. When the lies can provide a person with some edge over a competitor, people tend to defend the lies with the idea that the ends justify the means.
Someone on my zip code thread taunted me by saying that the agent-based place would sell before mine sold. What do I do if all my competitors lie?
I read somewhere that over 60% of the resumes in circulation contain lies and misrepresentations. It is a depressing thought. How do we go about building a more honest society?
Start by getting rid of the brokers...
Unless owners start getting the nerve to sell their own properties, we will always have brokers around. For some reason, people are generally reluctant to sell their own homes, I am not sure why. It is a lot of work to sell a piece of property, maybe that is what keeps a lot of people from going it on their own.
There are honest and dishonest brokers, as well as honest and dishonest owners. I tend to think that brokers get pushed into shading the truth so as to close more deals. Agents have to turn volume or they don't eat. I'm only selling one piece of property and am not dependent on selling apartments for my income.
One of the reasons I will not hire an agent is because I will not be able to hear how my property is being represented or misrepresented. I refuse to think that the misrepresentation of the property is not mine just because I have hired some broker to do the speaking for me. Other owners are able to look the other way.
407 - there are many reasons that people employ brokers to sell their properties, not just the amount of work that is required. I know from personal experience as a shopper that property owners don't do a very good job representing their properties. Plus, it's always a little awkward scoping out the property with the owner there. They either hover too much, or are washing dishes, or something else that just throws me off. I typically can't get out of the place fast enough. Given the fact that even brokers engage other brokers to represent their properties, there must be something to it.
I will add that I think the Rachel-bashing was necessary and healthy. She should not have supported the 2200 number when it was clearly so off.
"Given the fact that even brokers engage other brokers to represent their properties, there must be something to it."
This is not what I have observed. I think most agents represent their own properties. I have seen agents use the "owner/agent" code word to tell their agent friends to not harass them to death about the listing.
I agree with your other comment, the one about the dishwashing, etc. I make sure that no personal activities are going on during the open house. My wife and I dress up, everything is cleaned and put away. I try not to hover but I feel I need to show the potential buyers the place and not ignore them.
We get people who stay and ask a lot of questions so I guess we're not scaring them away too quickly. Finding a buyer is tricky. Some people are in the beginning of their search, others have mom and dad helping with the purchase and they can't agree on what they want, still others figure out that they want the two bedroom pied de terre after looking at a one bedroom. Everyone has different needs. Selling is hard work and it takes a lot of time. There is no magic in it.
With that said, at least you get your apartment cleaned up and looking spiffy once a week. No agent is going to clean my place before the open house.
we have all had the hovering owner or sick relative in the bedroom (come right in...oh them?....not to worry...they shouldn't be dying in the next ten minutes) experience. as well as the idiot broker---and, here we have the kitchen and that's the stove and that's the sink.
but nyc has been such a insular, peculiar market for so long--it has clearly created an intolerable situation with pushy, shady, uneducated brokers making absurd amounts of money. as herb stein once said, "that which cannot go on forever, won.t" lets see if perhaps there will be a small silver lining.
Wait, I've got it. I'll drop dead during the open house so that the potential buyers scream: "Estate Sale!"
beatyerputz, you're an artist. You should have sent one to the NYTimes, too. They were collecting poems on the economic debacle.
407 - Nice! That just may work!! I agree that there's a lot to be said for (and saved from) representing your own property, and certainly some will do a better job than others. Mine is only one opinion. We have bought twice and sold once - didn't use a broker on either purchase, and used a broker on the sale who was FANTASTIC and worth every penny.
Why would they contact Agent rachel if the apartment is offered by Wendy Maitland at Brown harris??
I will work on my pratfalls. My last words will be: "Look, I'm dying to sell this apartment."
Well I will just stick this here, 407 weren't you looking for a wood shop you could use?
http://treehouse-nyc.com/about
Very cool, thanks burkhardt. I may check that place out if I have some free time in the near future.
nice woodworking but lets get back to business. a google search for agent rachel i.e. rachel glazer yields the following:
http://profiles.friendster.com/18643266
ok...time to shoot the messenger.
"Wrong: everyone does not inflate the sq ft estimates. Some people do, others do not. There's a choice"
I didn't say everyone inflates. I said everyone KNOWS they are inflated. If you are buying an apartment and you go by the published sqft numbers as gospel without actually doing your own homework (looking at the floor plans, visiting the apartment to get a "feel" for size, etc.), then I got a bridge to sell you.
It's the same thing when an ad says "convertible 2" or "convertible 3" - a majority of the time it's a stretch. There's a "mob rule" type mentality here, and the fact that a broker used inflated numbers for some reason gets everyone riled up - and my point was basically, what's the big deal??
bernie feels the same way "whats the big deal?" a lot of people got paid. oh well, some people didn't. "what's the big deal?"
jsmith9005, you said it all. The $psf thrown around is useless as a metric if one of the factors is unreliable. Absent a square-foot czar, very approximate is the best we're going to get.
Are you seriously equating Madoff with a broker who uses inflated sqft numbers?? That's like saying a guy who pickpockets is the same as one of the 9/11 terrorists.
so why mention st feet at all?
more provacative comp is bernie vs. 911 terrorists. ask the 70 and 80 year old s who are wiped out who they feel was worse.
lets follow up...if i pick your pocket and you don't know...oh well.
if i hold you up with a gun?
if i shoot you and take your money?
ridiculous.
read earlier posts about honesty. no one cares any more about it. say whatever you want, whenever you want and it's all ok.
i don't buy it.
cc, you're right, for a co-op it shouldn't be mentioned at all. That's why brokers don't anymore, unless they can back it up. The occasional naif like Lisa will slip up, but getting all het-up over an exception seems like waste of energy. (I'm just as bad, for continuing to read this and throwing my oar in.)
cc, you must know some warped Madoff punters. How old do you have to be to not know you're paying the price for plopping too much of your money in one place?
Save the ethics lecture for somewhere else besides a RE board. Of course everyone should be honest, but in the real world, there are dishonest people (and if you are a buyer of RE and don't know this, you're naive and shouldn't be buying). But to say that a broker who exaggerates can be compared to Madoff is just plain ridiculous.
part of our problem is that no one cares anymore. is it ok to sell a car where you know that the odometer hasn't worked for tens of thousands of miles? is it ok to sell a car where you know the brakes are faulty? is it ok to sell a house where you know that the roof leaks whenever it rains?
i am not trying to be a scold or holier than thou. i am talking about practacality. if everyone assumes that everyone else is always lying, that slows down the wheels of commerce. isn't that exactly the problem we now have with the banks? they went from loaning money to anyone who wasn't slobbering on themselves to requiring triple liquidity, etc.
trust is a key part of commerce. people who willfilly abuse need to be called on that.
agent liar did not back down when you was told (quite politely to start) that she had make a mistake. i, for one, wish that more people called each other on their lies, publicly and relentlessly so that the rest of us don't have to suffer the consequences.
it has been clearly documented that bernie was called on his larceny but the powers that be looked the other way.
time for us all to stop accepting this on every level.
what better place for an ethics talk? or should i go to foxnews.com instead?
agent liar walked into it and deserved to be shot down, harshly...her choice.
ethics or not.
welcome to the internet, have a nice day
cc: lying isn't nice. neither is being a bully. nor is lynching. I'm not a big one for moral relativism, but this is going too far. She's a kid. As a parent, I can only cringe at your treatment of her. At the end of the day, she did not insist that she had been right, she, for whatever reason, was unable to grovel for forgiveness the way you wished. What harm, really, has she caused, other than to herself? She has offended your sense of right and wrong, so she deserves to have you do google searches on her, and publish the results on a real estate board?
There are many admirable traits in human beings, they include tolerance, kindness. What you've turned this into can only be called cruel, unyielding, and overly judgmental. I'm sorry if you've had negative experiences before, but this is like kicking a dog who growls at you because you've been bitten before. Have you never been young and stupid?
NYT--how young do you have to be to not remember that there was a time that people actually cared about their word and doing the right thing---again not because of some holy holler crap but because it was a practical, way to live. the golden rule is not about religion its about commerce.
banks are not lending because they don't trust anybody anymore. and your answer is ?
yes...indeed I certainly was young and stupid and hope that I may still retain some of that energy. I was, however, never a liar when it came to business. And this is all about business. If she wants to be taken seriously, the best lesson she can learn is to stop lying.
nasty cc, very nasty! I'm now embarrassed for you.
AR - good luck with your auction. Best.
wamp wamp, as a parent...be more scared of the world your kid is going into because of dirty stinking liars.
I agree with CC whole-heartedly, even if he's a little like an attack dog.
Change it one person at a time, and if agent rachel walks away saying: wow, i messed up and have to be honest, what am i doing...then it was worth it
hell, even way it was worth it!
hahahah
I'm not denying that she should be truthful. You're turning something that has shades of grey into absolute black. There is no need to be so vindictive. You've made your point, now you're trying to punish her as well. This isn't a court.
day 2, 2nd try. As the voice of reason, THREAD IS CLOSED!
I'm turning red!
hahahah,
welcome to the internet
Where you can be anonymous (if you so choose......)
sorry, you're right, i'm done
too much scotch
hahahah
You can NOT still be talking about this!
Man. This thread tapped into something that ought to seriously unnerve RE agents. Right or wrong the sentiment the public holds against the industry is hugely negative and crosses well over into anger, even hatred. I think things exploded here because of what the agent's response to the misrepresentation that started all this represents. It as if it were a cypher for all the self-dealing, the ignored conflicts of interest, the casual disregard of the truth and the industry willingness to see this indifference to truth as a reasonable way to do business. I don't personally believe realtors will survive in their current carnation over the years ahead--I think their business model is so out-of-step with the computer age that the value they add gets less and less each passing open house. Unless they can drastically change how they are perceived and better articulate the real value they add to deals, I predict their industry will change drastically just as the web forever changed the world of travel agents.
It is just startling to see the depth of the pent up anger out there for RE agents--a situation they really have no one to blame but themselves.
First -- lets leave name calling off the blog please. Now...
I read the Times article and found the listing on the BHS website. I calculated approximately 1750 sf, not the 2200 in the article. I even contacted the broker to ask about the discrepancy. (The response that I received was "why don't you come see the apartment".)
(CAPS = ITALICS)
NOW HERE IS WHY IS NECESSARY FOR A BROKER TO LIST THE ACTUAL SQUARE FOOTAGE, not some grossly inflated value, EVEN IF IT IS FROM THE OFFERING PROSPECTUS.
We the buyers demand to know the price per square foot so that we can have accurate comparisons with other units. Brokers who do us the disservice to quote inflated square footage are _wasting_ _our_ _time_, as we are screening this market looking for value for our money.
I believe that this gets down to what I believe is an unfortunate mindset: selling brokers purposefully make comparison information difficult to get without "digging". It is as if their motto is: "An ignorant consumer is our best customer." This is treating the buyers as if they are children who can be fed inaccurate data and then somehow be convinced, based upon emotional gut appeal, that this is "THE APARTMENT" (the lollipop) that I WANT. I personally dislike this approach. I am a numbers person. I would like to know "how big", and "how much" so that I can quickly filter in or out the apartment from my search. To do otherwise is to do the buyers a disservice. And although that seller might be to you the broker the main customer, without buyers, you don't have a commission.
The excuse that "we are prohibited from posting accurate square footage" is just an excuse intended to perpetuate the ignorance of the buyer in the hope that the selling broker will get traffic viewing the apartment. If I call a broker and they cannot quote a reasonable estimate of square footage, I know that I am wasting my time.
well put, as always.
there is another problem here. why are so many upset by my so called relentless attack? why are so many uncomfortable with my insistence that as you so elegantly put it "the casual disregard of the truth" is a significant impediment to doing business?
my belief is that we (and I am speaking beyond these postings) are uncomfortable with anything that makes anyone uncomfortable.
I am certainly not advocating attacking for the sake of attacking ever....but if I may continue to quote "the industry willingness to see this indifference to truth as a reasonable way to do business." no longer works in this very difficult atmosphere.
Buyers and sellers with often significant pieces of their net worth on the line are desperately trying to figure this all out---it doesn't help to have so called professional layering on even more uncertainty. Nor does it help to continue to apologize for their behavior.
I'm sure that UWSmom is now beyond embarassed for me. oh well.
I'll take the under on 1700SF (let alone 2200), and I'll take the under on $2MM.
Not to kick a dead horse here, but in addition to misrepresenting the size of the apartment, I find the pictures misleading, especially the main picture showing a view on the Dakota and Central Park. The Majestic is on the SW corner of CPW and W 72; the Dakota is on the NW corner of the same block. In order to get the view of the main picture, you would have to ENTIRELY lean out of the window and turn to the right ... this picture is not a view that you could possibly get from standing inside the apartment. But OK ... Another charming 'touch' is the picture showing a fraction of the fireplace. Should I assume that the other part of the fireplace is demolished?
Overall, not a very convincing presentation in the BHS ad. If I were the seller of this apartment, I'd be disappointed. As a potential buyer, this ad does not entice me to pursue this further.
References to Madoff aside, what this really reminds me of is the stock analyst scandal that turned Eliot Sptizer into a household name. Investment banking analysts were recommending stocks to their clients in which they had no confidence. The positive recommendations were quid pro quo for lucrative fees from the companies whose stocks were recommended.
Like in that case, you had an entrenched industry that insists that its practices are just business as usual, and they claim that "everyone is doing it." They refuse to acknowledge that their practices basically amount to fraud. With everything else on it's plate, I doubt the attorney general's office has the resources to look into this in the near future. However one day--perhaps in a civil lawsuit--this will blow-up in a big way and make the big brokerage houses wish they had been more vigilant in policing their employees.
P.S. Rachel, did you get any $2mil bids in yet?
BHS' estimate of 2200 sqft overstates the actual space by at least 20%. This seems like an attempt to entice buyers who place bids on a pure per sqft basis to bid 20% too high.
I see why people are angry and offended with brokers trying dirty trick after dirty trick. In finance brokers who misstate material facts are subject to criminal penalties. Seems that Real Estate is a different game. Caveat emptor indeed.
Hey, we're back!
Who's embarrassed for me?
It seems BHS has removed AR's profile.
I see it on their website.
I should have stated on the actual listing.
407PAS..damn... I was smirking as I thought maybe she lost her job... oh well.... and b/f anyone gets their g-string all in a bunch... I feel for the families living in motel rooms cause they lost their job at Best Buy... not a drop a tear for a lying RE broker who gets drunk on $25K of free drinks and liquor to troll for clients.... its' right up there with yacht brokers .... :) IMHO
just noticed her profile got taken down from BHS as well.
google cache still has the following:
RACHEL GLAZER
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RACHEL GLAZER 2 Fifth Avenue
New York, NY 10011
Tel: (212) 317-3661
Fax: (212) 319-3688
rglazer@bhsusa.com
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Rachel Glazer works alongside power broker Wendy Maitland and her team of established agents. As a Brown Harris Stevens agent, Rachel strives to obtain the best possible outcome for her clients. She is a skilled negotiator, with vast knowledge of the city's neighborhoods. Whether you are buying or selling. Rachel will do everything possible to ensure you are pleased with the end result.
Rachel is a graduate of the Fashion Institute of Technology. Prior to becoming a real estate agent, she sold advertising for the New York Post and other publications. She resides Chelsea and is involved with several charities.
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BROWN HARRIS STEVENS
I love you guys...w67thstreet, I couldn't agree more.
I was hoping the same thing...justice
But time will take care of that one for us...no way she makes it in the long run.
And what a hilarious friendster page...why would she use her real name on this site?!
Stupid and naive
picture...
http://www.imagesofsociety.com/webready_core32707/ppages/ppage12.htm
"She has offended your sense of right and wrong, so she deserves to have you do google searches on her, and publish the results on a real estate board?"
This thread is just an extreme example of the same mob-mentality/i-can-do-anything-on-the-internet behavior I lamented about in this thread - http://www.streeteasy.com/nyc/talk/discussion/8694-its-starting-to-get-interesting-ugly
I'm all for public records and looking up info for your own private inquiries (presumbably it's for legit reasons to understand a seller's motivation, etc.) But once you start posting random stuff and speculating on a person's situation in the court of public opinion, you're going over the line of civil decorum.. let's get back to a RE discussion..
jsmith9005.... ugggg.... why did she have to use her real name on an anonymous blog? Didn't her parents teach her better? I agree let's get back to NYC RE....
Agentrachel... I was a young and impressionable banker at one point, but please do all of us a favor and be the voice of reason on the team... say I know, I'll get a measuring tape.... and verify the numbers.... just b/c you work for someone that is older than you and has more experience/money doesn't mean you get to lose your moral compass... (my dad taught me that.)
jsmith9005: With regard to the thread you just linked, I think reasonable people can disagree about how far it's appropriate to go in documenting - or even speculating about - the situation of a seller. You and I draw that line somewhat differently, but I believe there's a civil midpoint where the board can share information that might be pertinent to a sale without gratuitously embarrassing the principals.
I've taken to simply noting, for example, that the sellers of a property are in finance, or dead, or whatever. I think that's pertinent information, because for months this board has debated the effect that distressed, banking-related liquidations will have on the Manhattan market. Estate sales too. If those questions were worth asking in the first place, the first step toward answering them is to identify the listings that fit these categories.
I think it might be a stretch to equate that kind of information with links to personal photos of the listing broker's assistant, although I do see your point about the slippery slope.
lets remember...she identified herself.
i think w67th has it exactly right.
p.s. if discussions of sq ft are not about real estate, what is?
"why did she have to use her real name on an anonymous blog? Didn't her parents teach her better?"
A professional posting on a blog or forum isn't in the same position as us amateurs. I would argue that anyone in the real estate business has an obligation to identify themselves in their StreetEasy posts. I note that virtually all of the pro's here do use their real name. And, of course, if you are going to publish your name, you'd be well advised to get rid of all of those photos of you carousing and partying in your college days.
In any case, the main culpability for the square footage fraud lies with the brokerage houses and the senior brokers, not the assistants who've just bought into a corrupt system.