Manhattan Real Estate Market Update: March 24, 2025

Markets hate uncertainty, but it seems we've had nothing but uncertainty over the last few years. Is uncertainty the new norm?

Bill HerbstMarch 30, 2025#manhattanrealESTATE, #nycrealestate, #nyc realestatebroker, #nycrealestateagent, #realestatemarket, #manhattan, #compass, #compassny

Manhattan Real Estate Market Update - Mar. 19, 2025

The big story in the Manhattan real estate market last week? Buyers have a lot more choices.

Bill HerbstMarch 19, 2025#nycrealestatemarket #nycrealestate #manhattanrealestate, #nycrealstateagent, #nycrealestatebroekr, #gilmartinherbstteam, #beklow23rdstreet, #compass, #compassny

Why Don't More Buyers Make Offers?

A client once asked me a very good question: "Why don't more buyers make offers on homes they think are overpriced?"

Bill HerbstMarch 19, 2025#nycrealtor, #nycrealestateagent, #nycrealestate, #nycrealestatebroker, #below23rdstreet, #compassny, #compass, #manhattanrealestate, #brooklynrealestate

Our Client Experience Just Got Even Better

Meet Compass One, our cutting-edge client dashboard for buyers and sellers.

Bill HerbstMarch 12, 2025#compass, #compassny, #nycrealestate, #manhattanrealestate, #nycrealestateagent, #nycrealestatebroker, #brooklynrealestate

How Long Does It Take to Get a Real Estate Contract Signed in New York City?

At least ten days. That's generally the time required for the buyer's attorney to perform "due diligence." The purpose is to protect the buyer by making sure that there are no issues with the apartment or the building.

Bill HerbstMarch 5, 2025#nycrealestate, #nycrealestatebroker, #nycrealestateagent, #compassny, #compass, #manhattanrealestate, #below23rdstreet, #gilmartinherbstteam, #brroklynrealestate

We're About to Make Your Home Selling/Buying/Renting Experience A Lot Better

Compass has launched a platform designed strictly for our clients, Compass One.

Bill HerbstFebruary 12, 2025#compassone, #compass, #compassny, @nycrealestate, #nycrealestatebroker, #nycrealestateagent, #realestatetech, #retechnology

VIDEO: My Senior Seminar

I recently hosted a seminar covering services to help senior citizens take their next steps in life. Here’s the video.

Bill HerbstFebruary 6, 2025#nycrealestate, #nycrealestatebroker, #nycrealestateagent, #compassny, #compassplus, #seniorliving, #servicesforseniors

What Can We Expect for the NYC Real Estate Market?

This can be a frustrating time of year for homebuyers in Manhattan and Brooklyn. But...I'm sensing a brighter horizon.

Bill HerbstJanuary 29, 2025#nycrealestate, #nycrealestatebroker, #nycrealestatemarket, #nycrealestateagent, #manhattanrealestate, #brooklynrealestate, #compassny, #compassComment

Au Cheval, Tribeca

Au Cheval is a great restaurant for a cold winter's night.

Bill HerbstJanuary 16, 2025#nycfood #nycfoodie #nycrealestateagent #nycrealestatebroker, #tribeca, #nycfoodie, #nycfood, #compassny, #compass, #manhattan real estate agent, #manhattan real estate broker

Real Estate Agents are Cut Throats Who Stab Each Other in the Back

That's the common perception anyway, thanks to a few bad apples - and reality television. The real reality, at least the way I practice it, is very different.

Bill HerbstJanuary 9, 2025#nycrealestate, #nycrealerstateagent, #nycrealestatebroker, #manhattanrealestate, #gilmartinherbstteam, #compassny, #compass, #MDLNY

NEW! Our Q4 Manhattan Market Report

Here's some welcome news. Manhattan's real estate market wrapped up Q4 2024 on a positive note.

Bill HerbstJanuary 9, 2025#nycrealestate, #manhattanrealestate, #nycrealestatebroker, #nycrealerstateagent, #compass, #compassny, #below23rdstreet, #gilmartinherbstteam, #realestatemarket, #market report

Compass' Q3 Manhattan Market Report

We're pleased to present Compass' Q3 Manhattan Market Report, a comprehensive look at sales activity from July through September.

Bill HerbstOctober 8, 2024#nyc real estate, #nyc real estate market, #market report, #nyc real estate broker, #compass, #compassny, #q3 Manhattan Market Report, #below23rdstreet

Why Should Co-ops Sell for Less Than Condos?

Co-ops make up about 70% of the inventory in New York City. In certain neighborhoods like Greenwich Village, it's over 90%. Yet co-ops generally sell for about 20-25% less than condos. How can co-ops close the gap?

Bill HerbstSeptember 30, 2024#coop, #nycrealestate, #Manhattan Real Estate, #nycrelestatebroker, # coops vs condos, #nyc real estate agent, #compassny, #compass

Why Your Agent Should Go On Broker Tours

Bill spent this morning on a broker tour, visiting apartments in the Village and the East Village. We're always surprised more agents don't regularly do the same. There are so many benefits for both our buyer and our seller clients.

Bill HerbstSeptember 18, 2024#compass #real estate agent, #manhattanrealESTATE, #compassny #realestate #manhattanrealestate #nycrealestate #gilmartinherbstteam #below23rdstreet #greenwichvillage #nycrealestateagent, #compassny, #gilmartinherbstteam, #best real estate broker nyc, #nyc real estate, #manhattan real estate

How Does the NAR Settlement Affect NYC Home Sellers and Buyers?

The changes engendered by the NAR (the National Association of Realtors) went into effect on Saturday. To cut through the confusion caused by sensationalist headlines, here in a nutshell, is how they affect consumers.

Bill HerbstAugust 21, 2024#nar, #NAR settlement, #real estate, #nyc real estate, #nyc real estate broker, #nyc real estate agent, #manhattan real estate agent, #compass, #compassny, #gilmartinherbstteam, #below 23rd street, #buying a home, #selling a home

Why We Hired a Broker to Sell Our Vacation Home

After 27 years, we're selling our beautiful house in Fire Island Pines. Or, to be more specific, we have hired a local broker to sell it.

Bill HerbstJune 19, 2024#realestate, #nycrealestate, #fireislandpines, #fireislandpinesrealestate, #fireislandpineshomes, #nycrealestatebroker', #nycrealestateagent, #compass, #compassny, #bewlow23rdstreetComment

How Much is a Renovated Home Worth to a Buyer?

Buyers are willing to pay more for renovated homes, but not as much as they were a couple of years ago.

Bill HerbstMay 29, 2024#realestate, #nycrealestate, #compass, #compassny, #nycrealestateagent, #nycrealestatebroker, #gilmartinherbstteam, #renovation, #homerenovation

Compass' Q1 2024 Brooklyn Market Report

This week, we're pleased to present Compass' Q1 2024 Brooklyn Market Report, a look at sales activity from the first three months of the year.

Bill HerbstApril 18, 2024#brooklynrealestate, #brooklyn, #nycrealestate, #nycrealerstateagent, #nycrealestatebroker, #brooklynmarketreport, #gilmartinherbstteam, #compass, #compassny, #marketreport

Are All The Millionaires Really Leaving New York?

Was the whole "millionaires fleeing from New York" thing a hoax?

Bill HerbstDecember 18, 2023#millionaire, #nyc, #nycrealestate, #nycrealerstateagent, #nycrealestatebroker, #gilmartinherbsttea, #manhattanrealestate, #brooklynrealestate, #nycmillionaire, #compass, #compassny, #below23rdstreet

In the Manhattan Real Estate Market, September Was Slow - As Usual

In Manhattan, September is traditionally the month when the fewest number of home sales contracts are signed.

Bill HerbstSeptember 27, 2023#nycrealestateagent, #gilmartinherbstteam #compass #compassny #billherbst @nycrealestate #nycrealestateagent, #manhattanrealESTATE, #copassny, #compass, #compassny, #below23rdstreet, #nycrealestatebroker

Contact
Licensed Associate
Real Estate Brokers
billandralph@compass.com
M: 917.596.3743

Compass Global Headquarters
90 Fifth Avenue, 3rd Floor
New York NY 10011
212.913.9058

ContactLicensed AssociateReal Estate Brokersbillandralph@compass.comM: 917.596.3743

Compass Global Headquarters90 Fifth Avenue, 3rd FloorNew York NY 10011212.913.9058

Contact
Licensed Associate
Real Estate Brokers
billandralph@compass.com
M: 917.596.3743

Compass Global Headquarters
90 Fifth Avenue, 3rd Floor
New York NY 10011
212.913.9058