REBNY doubles member firms in 72-hour program last year.For the first time in Manhattan Manhattan, indigenous people of North America Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages). history, 200 residential brokerage firms are now sharing their exclusive listings through the REBNY REBNY Real Estate Board of New York Listing Service. The listing service, unprecedented in the Big Apple, had 92 participating firms when it launched last year. The REBNY Listing Service increases accessibility to the Manhattan residential marketplace by providing REBNY brokers, representing buyers and sellers, instant access to exclusive listings. In order to streamline the process, REBNY instituted a universal co-brokerage agreement and an email list available to participating members on the organization's website. The 72-hour sharing of exclusive listings program enables REBNY brokers to pool their listings within three days of receiving them. This allows members to access a large number of listings, while assuring clients that their properties are receiving the most market share possible. A list of member firms participating in the program can be obtained at www.rebny.com. Residential brokers that are not members of REBNY cannot access the system. "This is a historical accomplishment for Manhattan's residential market. Never before have we had 200 firms sharing exclusive listings in the manner they are now," said Steven Ste´ven n. 1. Voice; speech; language. Ye have as merry a steven As any angel hath that is in heaven. - Chaucer. 2. An outcry; a loud call; a clamor. To set steven to make an appointment. Spinola Spinola may refer to:
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . "'We look forward to the day when every residential broker in New York becomes a REBNY member and has access to the system, which fosters a sense of collaboration Working together on a project. See collaborative software. among the residential community, while enabling them to take their ability to service clients to another level." "We have heard a lot of positive feedback about the program and how it allows clients to see a full picture of the residential market, making it more convenient for buyers, sellers and brokers," said Diane DIANE Diversified Information and Assistance Network (Tennessee Valley Authority) DIANE Direct Information Access Network for Europe DIANE Digital Integrated Attack and Navigation Equipment M. Ramirez Ramirez may refer to:
LLC - Logical Link Control . "As a participating broker myself, I have seen first hand how it benefits everyone on all sides of the deal making process." The mandatory 72-hour rule was proposed by REBNY's residential division to better serve the public interest and to improve relations among member firms. It was approved by the division in October 2002, and the REBNY Board of Governors formally adopted it shortly after. Any residential brokerage firm that is a member of REBNY and receives 51% of their business from residential resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales. RESALE. or rental brokerage transactions is required to participate. As the oldest and most influential real estate trade association in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , The Real Estate Board of New York represents major commercial and residential property owners and builders, brokers and managers, banks, financial service companies, utilities, attorneys, architects, contractors and other individuals and institutions professionally interested in the city's real estate. REBNY is involved in crucial municipal matters including tax policy, city planning city planning, process of planning for the improvement of urban centers in order to provide healthy and safe living conditions, efficient transport and communication, adequate public facilities, and aesthetic surroundings. and zoning, rental conditions, land use policy, building codes and legislation. In addition, REBNY publishes reports providing indicators of market prices for both the residential and commercial sectors.
CONDOMINIUMS
Average Sales Price
2003 2002
studio $325,174 $317,149
1-bedroom $509,511 $489,117
2-bedroom $913,990 $857,608
3-bedroom $1,518,748 $1,479,472
4-bedroom $2,463,627 $2,374,909
& larger
TOTAL $787,081 $731,183
CO-OPS
Average Sales Price
2003 2002
studio $232,693 $231,622
1-bedroom $431,729 $430,047
2-bedroom $997,572 $1,027,122
3-bedroom $2,013,313 $2,007,718
4-bedroom $3,982,397 $3,818,450
& larger
TOTAL $884,230 $880,628
Source: Real Estate Board of New York
CONDOMINIUMS
Average Sales Price
2003 2002
studio $325,174 $317,149
1-bedroom $509,511 $489,117
2-bedroom $913,990 $857,608
3-bedroom $1,518,748 $1,479,472
4-bedroom $2,463,627 $2,374,909
& larger
TOTAL $787,081 $731,183
CO-OPS
Average Sales Price
2003 2002
studio $232,693 $231,622
1-bedroom $431,729 $430,047
2-bedroom $997,572 $1,027,122
3-bedroom $2,013,313 $2,007,718
4-bedroom $3,982,397 $3,818,450
& larger
TOTAL $884,230 $880,628
Source: Real Estate Board of New York
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