Navigating the New NAR Settlement: What Queens Homeowners Need to Know

The recent settlement involving the National Association of Realtors (NAR) marks a significant shift in the real estate landscape, particularly for homeowners looking to sell their properties. The settlement has made it optional for sellers to offer compensation to buyer brokers, a practice that was previously standard in many real estate transactions, and this was […]

Most Common Title Issues in Queens NY

Title issues can be a real headache when purchasing property, especially in a bustling city like New York. Whether you’re buying your dream home or investing in real estate, understanding the most common title issues can save you time, money, and stress. Here are some of the top title issues you might encounter when buying […]

Queens Real Estate Market Report: Q1 2024

Last Updated on April 19, 2024 Queens Real Estate Market Report: Q1 2024, a quarterly report produced by the Queens Home Team at Keller Williams Realty Landmark II. Need Help? Contact Us Data Source: Market Snapshot Happy Spring from QHT! As we enter the Spring season, we are reviewing the first quarter activity […]

FAQs about the Amended Property Condition Disclosure Statement

On September 22, 2023, Governor Hochul signed into law an amendment to the Property Condition Disclosure Act (PCDA), affecting sellers’ property disclosure obligations regarding the sale of 1-4 family residential real estate properties in New York. As of March 20, 2024, home sellers must now provide purchasers with a completed property disclosure in accordance with […]

Queens Homeowner Newsletter: MAR 2024

Hi all, hope you’re all doing well! Below is this month’s edition of our Queens Homeowner Newsletter. In this month’s edition we cover recent changes to the Property Condition Disclosure Act, some information about squatters rights in New York, and some information on the recent NAR settlement regarding real estate agent commissions. A lot of […]

Navigating the Lock-in Effect, Tips for Queens Homeowners Considering Selling

In the world of real estate, there’s a phenomenon known as the “lock-in effect,” which occurs when homeowners secure a mortgage at a substantially lower interest rate than the current average. It’s a comforting position to be in, knowing that while market rates fluctuate, your mortgage remains at a lower, fixed rate. However, this advantageous […]

What is a Concession in Queens Real Estate?

In the world of Queens real estate transactions, negotiations are paramount. Buyers and sellers often engage in a delicate dance to reach an agreement that satisfies both parties. One of the key terms you may encounter during these negotiations is a “concession.” But what exactly does it mean in the realm of real estate? A […]

Do All Owners need to Sign a Listing Agreement in Queens NY?

In the realm of Queens real estate, the process of listing a property is a pivotal step for homeowners looking to sell their homes. One of the common questions that arises is whether all owners of a property must sign the listing agreement. The answer to this question lies in various factors that are crucial […]

A Comprehensive Guide to Getting a Free Home Appraisal in Queens NY

For homeowners in Queens, New York, understanding the value of your property is essential for various reasons. Whether you’re considering selling, refinancing, or merely curious about your home’s worth, getting an appraisal or home valuation is a crucial step. The good news is that there are ways to obtain a home appraisal or valuation in […]

Queens Real Estate Market Report: Q4 2023

Last Updated on January 26, 2024 Queens Real Estate Market 2023, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Need Help? Contact Us Data Source: Market Snapshot That’s a wrap for 2023. As we write this market update, we’re already in the new year (2024) and already off to […]