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Best Real Estate Agents in Brooklyn

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AmeriHomes Realty of NY Inc. logo
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License Verified:

License: 10391200810

New York State Division of Licensing Services

AmeriHomes Realty of NY Inc.

2568 East 17th Street, Brooklyn, NY 11235
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  • Buyer Agent
  • Seller Agent

Business Description

AmeriHomes Realty of NY Inc. is a real estate company in Brooklyn that has been providing its services since 2002. Its agents represent buyers, developers, and sellers using the experience and industry knowledge they have accumulated throughout the years. The company abides by several principles, allowing it to continuously move forward and become one of the area leaders of the real estate market in quality of service. Its specialties include residential and rental properties and open houses. It also serves the community of Staten Island.

License Verified:

License: 10391200810

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (116)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Andrew Rose - Union Square Office logo
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License Verified:

License: 10401253858

New York State Division of Licensing Services

Andrew Rose - Union Square Office

110 5th Avenue, New York, NY 10011
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  • Buyer Agent
  • Seller Agent

Business Description

Andrew Rose is an independent and licensed real estate professional that serves clients in Brooklyn and nearby areas. He offers a variety of real estate and property management services such as high-end insurance relocation services, residential and property sales, real estate consulting, as well as tenant and buyer property placement services. Andrew's expertise in real estate and property management enables him to provide a higher level of visibility to clients that require specialized marketing strategies for their properties.

License Verified:

License: 10401253858

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Yelp
5.0 / 5 (49)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Brick & Mortar logo
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License Verified:

License: 10991210197

New York State Division of Licensing Services

Brick & Mortar

135 N7th Street, Brooklyn, NY 11249
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  • Buyer Agent
  • Seller Agent

Business Description

Brick&Mortar is a full service real estate brokerage that serves clients in NYC with concentration on Brooklyn. First-time buyers can get help with finding a new home, whereas sellers can rest assured to get the best price for their property. The firm holds the clients' hands from the first encounter until closing. B&M can also provide professional valuations of clients’ properties. The Principal Broker of B&M has 30 years of RE experience.

License Verified:

License: 10991210197

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.9 / 5 (115)
Yelp
4.5 / 5 (86)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Destination Real Estate logo
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License Verified:

License: 109923000

New York State Division of Licensing Services

Destination Real Estate

540 Court Street, Brooklyn, NY 11231
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  • Buyer Agent
  • Seller Agent

Business Description

Destination Real Estate is a family-owned agency that caters to customers in the Brooklyn metro and the surrounding areas. It offers representation to individuals who are looking to purchase a new apartment or home, helping them achieve their dreams of homeownership. It also handles rentals for commercial properties, such as office spaces. In addition, the firm works with landlords and provides consulting and management services. Destination Real Estate has been serving the community since 2001.

License Verified:

License: 109923000

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.9
Google
4.2 / 5 (173)
Yelp
3.5 / 5 (152)
Facebook
4.0 / 5 (40)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Empire Fine Homes logo
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License Verified:

License: 10991218865

New York State Division of Licensing Services

Empire Fine Homes

98-05 Astoria Boulevard, East Elmhurst, NY 11369
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  • Seller Agent
  • Buyer Agent

Business Description

Empire Fine Homes is a real estate firm that serves the people of Brooklyn. It helps future homeowners and property sellers connect through various services, including aggressive digital marketing and demographic targeting. The company also has a customer support team that helps clients remain updated on relevant information about their property listings, such as leads and sales. Its owner, Alejandra Fermin, is a real estate broker with over 19 years of experience serving customers in New York.

License Verified:

License: 10991218865

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (27)
Facebook
4.8 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
EXR logo
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License Verified:

License: 10991228673

New York State Division of Licensing Services

EXR

109 N 12th St, Ste 505, Brooklyn, NY 11249
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  • Buyer Agent
  • Seller Agent

Business Description

EXR delivers real estate brokerage services to the Brooklyn area. It guides individuals throughout the buying, leasing, and selling process. It also assists landlords, real estate developers, and property management companies in creating listings for their properties and attracting tenants. The company's portfolio consists of apartments, new developments, retail spaces, and offices. Since its inception in 2014, EXR has sold residential and commercial properties amounting to over $1 billion. It has worked with companies such as Goose Property Management, Related Companies, and The Moinian Group.

License Verified:

License: 10991228673

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.0 / 5 (248)
Facebook
4.1 / 5 (39)
Yelp
4.0 / 5 (35)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Groome Realty logo
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License Verified:

License: 10991236667

New York State Division of Licensing Services

Groome Realty

456 Central Ave, Brooklyn, NY 11221
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  • Buyer Agent
  • Seller Agent

Business Description

Groome Realty caters to customers in the Brooklyn metro and the surrounding communities. It offers representation to clients planning to buy different types of properties. These include apartments, condominiums, coops, and commercial properties. The firm also assists individuals through the home selling process and helps them address budget and location matters. Moreen Daus, one of the agents, brings more than 15 years of experience in the real estate industry. She can provide her services in Hebrew.

License Verified:

License: 10991236667

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.5 / 5 (67)
Facebook
4.4 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Highline Residential - Bedstuy logo
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License Verified:

License: 10391201362

New York State Division of Licensing Services

Highline Residential - Bedstuy

144 Decatur Street, Brooklyn, NY 11233
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  • Buyer Agent
  • Seller Agent

Business Description

Highline Residential is a real estate agency that serves clients across Brooklyn. It was established by three principals in 2012 and has over 140 agents that can attend to clients during and after their real estate processes. It also specializes in finance, design, as well as property management, construction, and online marketing. It is acknowledged by its clients for providing stress-free and easy transactions. The agency also provides housing and lifestyle tips to its clients, such as how to create more space in their apartments.

License Verified:

License: 10391201362

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.6 / 5 (65)
Facebook
5.0 / 5 (36)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
M.N.S Real Estate NYC logo
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License Verified:

License: 10401225334

New York State Division of Licensing Services

M.N.S Real Estate NYC

40 N 6th St, Brooklyn, NY 11249
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  • Buyer Agent
  • Seller Agent

Business Description

M.N.S Real Estate NYC is an agency that helps in the lease and sale of properties in Brooklyn. Its new development platform includes providing analysis and neighborhood pipeline data and guiding clients on profitable architecture and designs. The team creates renewal plans for buildings in on in-house leasing platform. The company's CEO, Andrew Barrocas, oversees over a billion dollars' worth of properties. He has been featured in The 30-Minute Interview by The New York Times.

License Verified:

License: 10401225334

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.1 / 5 (163)
Yelp
3.5 / 5 (43)
Facebook
4.8 / 5 (16)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Massada Home Sales Inc logo
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License Verified:

License: 109937781

New York State Division of Licensing Services

Massada Home Sales Inc

389 Nostrand Ave., Brooklyn, NY 11216
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  • Buyer Agent
  • Seller Agent

Business Description

Massada Home Sales Inc is a full-service real estate brokerage firm that helps individuals and families in the Brooklyn metro sell, buy, or rent properties. It lists an extensive inventory of various home types in the communities of Brooklyn and Queens. The firm's team of agents negotiate transactions, check property listings and make recommendations, and educate clients in the real estate process. Massada Home Sales has been serving the community since 1987.

License Verified:

License: 109937781

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.4 / 5 (43)
Facebook
5.0 / 5 (31)
Yelp
2.5 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Melanie Kishk Realty logo
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License Verified:

License: 10491206622

New York State Division of Licensing Services

Melanie Kishk Realty

436 Avenue P, Brooklyn, NY 11223
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  • Buyer Agent
  • Seller Agent
  • Photography & Videography Offered

Business Description

Melanie Kishk Realty helps home buyers and sellers in Brooklyn make informed decisions. It offers full-service real estate solutions, such as selling, renting, decorating, and moving services. It assists clients in the home buying process and works with mortgage brokers, escrow companies, and home inspectors. It was recognized as the Top Century 21 Team in New York City. Melanie Kishk, its owner and realtor, has over 20 years of experience in the real estate industry.

License Verified:

License: 10491206622

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (75)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Old Brooklyn Real Estate Inc. logo
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License Verified:

License: 109941376

New York State Division of Licensing Services

Old Brooklyn Real Estate Inc.

943 4th Avenue, Brooklyn, NY 11232
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  • Buyer Agent
  • Seller Agent

Business Description

Old Brooklyn Real Estate, Inc., is an agency established by Mike Ryan. It serves individuals in the Brooklyn metro and assists them with their home selling and purchasing transactions. Ryan is a real estate agent and broker who has been in the industry for more than 15 years, specializing in residential real estate. He represents his clients in Sunset Park, Bay Ridge, Marine Park, Park Slope, and downtown. He strives to provide high-quality resources and information in delivering his marketing strategies.

License Verified:

License: 109941376

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (141)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Pear logo
Visit WebsiteWebsite

License Verified:

License: 10991235025

New York State Division of Licensing Services

Pear

1100 Bedford Ave, Brooklyn, NY 11216
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  • Buyer Agent
  • Seller Agent

Business Description

Pear is a boutique real estate brokerage that focuses solely on sales and rentals. It helps clients in and around Brooklyn who want to sell their properties or find tenants for their apartments. The agency was founded by Richard Garland, a real estate broker who pursued a career in the field after moving to New York in 2011. Prior to founding Pear, Garland started with a roommate matchmaking business and co-founded a startup called Roomeze.

License Verified:

License: 10991235025

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (115)
RE/MAX Edge logo
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License Verified:

License: 10991226185

New York State Division of Licensing Services

RE/MAX Edge

1812 Bath Avenue, Brooklyn, NY 11214
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  • Buyer Agent
  • Seller Agent

Business Description

RE/MAX Edge helps clients navigate real estate transactions in Brooklyn. Its agents work closely with homebuyers to understand their goals and requirements, which can aid in finding the ideal house for them. They help negotiate offers, search for financing, and close on purchases on clients' behalf. The team also assists sellers in promoting and marketing their homes on platforms where they can find potential buyers. Some of the properties it handles are single- or multi-family homes, condominiums, townhouses, and rentals.

License Verified:

License: 10991226185

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
4.6 / 5 (122)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
REAL New York - Williamsburg logo
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License Verified:

License: 10391201817

New York State Division of Licensing Services

REAL New York - Williamsburg

165 Graham Avenue, Brooklyn, NY 11206
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  • Buyer Agent
  • Seller Agent

Business Description

REAL New York - Williamsburg is a Brooklyn-based real estate firm assisting clients in navigating through the time-consuming and rather impersonal process of buying or selling a home. Familiar with the bustle of lives in New York, the firm understands the needs of its clients to have an agent by their side throughout the whole ordeal. Using its combined experience and diversified local backgrounds, the firm is dedicated to providing quality service to all its buyers and sellers.

License Verified:

License: 10391201817

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
5.0 / 5 (41)
Facebook
4.8 / 5 (39)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Real Street Real Estate Group logo
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License Verified:

License: 10991230600

New York State Division of Licensing Services

Real Street Real Estate Group

337 Tompkins Avenue, Brooklyn, NY 11216
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  • Seller Agent

Business Description

Real Street Real Estate Group serves clients in the Brooklyn area. This full-service brokerage caters to individuals looking to buy, sell, or rent a property and guides them throughout the entire process. Sully Klein, the firm's founder and principal broker, holds extensive experience in real estate transactions throughout New York City, with an emphasis on Brooklyn properties. He has been in the industry for almost ten years. Klein established the firm in 2019.

License Verified:

License: 10991230600

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.6 / 5 (60)
Facebook
5.0 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Smith Hanten logo
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License Verified:

License: 10991201704

New York State Division of Licensing Services

Smith Hanten

152 Smith Street, Suite B, Brooklyn, NY 11201
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  • Buyer Agent
  • Seller Agent

Business Description

Smith Hanten is a boutique real estate brokerage serving clients in the Brooklyn area. Its professionals offer owners advice and assistance throughout the selling process and help them maximize their real estate opportunities. They also work with buyers to help them find their ideal homes. The company's listings include co-ops, condos, townhouses, brownstones, vacant lots, and foreclosures. Rentals and commercial properties are available. Smith Hanten has assisted thousands of landlords and sellers for more than four decades.

License Verified:

License: 10991201704

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Yelp
4.5 / 5 (51)
Google
5.0 / 5 (34)
Facebook
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Stuyvesant Heights Realty logo
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License Verified:

License: 10991216358

New York State Division of Licensing Services

Stuyvesant Heights Realty

509 Halsey St., Brooklyn, NY 11233
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  • Buyer Agent
  • Seller Agent

Business Description

Stuyvesant Heights Realty offers its services to customers in Brooklyn. Its team uses its knowledge about the area and the market conditions in helping individuals find and purchase their dream homes. It also assists clients who are looking to sell their homes. It provides them advice and complementary analyses of their asset's approximate value. Some of the property types it handles are condominiums, lots, and multi-unit residences. Stuyvesant Heights Realty covers the areas of Bushwick, Clinton Hill, and Williamsburg.

License Verified:

License: 10991216358

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (46)
Top Nest Properties logo
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License Verified:

License: 10991221664

New York State Division of Licensing Services

Top Nest Properties

762 5th Avenue, Brooklyn, NY 11232
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  • Buyer Agent
  • Seller Agent

Business Description

Top Nest Properties caters to customers in the Brooklyn metro and the surrounding communities. It offers representation to individuals who are looking to purchase their new homes or expand their investment portfolio. It helps them address various aspects, such as the location, budget, mortgage pre-qualification, and offer negotiation. The firm also serves clients selling their properties by providing various marketing solutions. These include advertising, massive web exposure, and networking. Some of the property types it handles include condominiums and empty lands.

License Verified:

License: 10991221664

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Weichert, Realtors® - The Franzese Group logo
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License Verified:

License: 109910881

New York State Division of Licensing Services

Weichert, Realtors® - The Franzese Group

1524 86th Street, Brooklyn, NY 11228
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  • Buyer Agent
  • Seller Agent

Business Description

Established in 2007, Weichert, Realtors® - The Franzese Group is an independently owned and operated real estate agency that has been serving clients in Brooklyn for over 40 years. The agency specializes in luxury real estate, multi-family homes, condos, and commercial properties with a focus on neighborhoods in Clinton Hall, Coney Island, Bay Ridge, Dumbo, Brooklyn Heights, and Bath Beach. Founder and president Anthony Franzese has 19 years of experience in the real estate industry. He is a lifelong Brooklyn native and a member of The Brooklyn Board of Realtors and National Association of Realtors.

License Verified:

License: 109910881

New York State Division of Licensing Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (210)
Facebook
5.0 / 5 (37)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

Introduction

Real estate agents help property owners and clients who want to buy real property realize their goals. They offer services, guidance, oversight, and expertise regarding the legalities of real estate transactions.

Some common real estate agent tasks and services include listing homes, showing properties to prospective buyers, holding open houses, and negotiating property sales prices. Agents also find homes available for sale that meet their clients’ needs and desires. They explain the sales conditions and draw up transactional contracts.

Agents work with mortgage lenders, property appraisers, home inspectors, and other professionals in the field. Real estate agents can act as a liaison for their clients, explaining complicated legal processes while acting in their best interests; it may be getting the best price for a homeowner who’s selling or negotiating a lower sales price for a buyer. 

Are all real estate agents Realtors?

No. All real estate agents are not Realtors. Realtors are members of the National Association of Realtors. This membership allows these professionals to use this trademarked designation. But membership is not required to provide real estate services. Therefore, real estate agents who haven’t joined a NAR trade association are not Realtors.

How do real estate agents get paid?

Real estate agents are paid when they make a sale. Sales pay on a commission basis. Brokers and the agents who buy and sell properties receive a percentage of the total sales price. The brokers collect the commissions from the sales funds, then pay their agents a set percentage established by contract agreements.

What is a fair commission for a real estate agent?

The typical rate for residential sales is 5% to 6%. For example, a 6% commission on a house that sells for $400,000 is $24,000. Commercial property sales may pay up to 10% on commission. However, the agents split the total commission with the listing broker and the purchasing broker.

How do you pick a real estate agent?

Homeowners who want to sell their homes with the help of a real estate professional choose selling agents, also called listing agents. Aspiring home purchasers use the services of a buyer’s real estate agent. Some real estate agents work for both buyers and sellers, but they usually only represent one or the other at a time. The exception occurs in states that allow dual agency. This arrangement is not recommended.

Get referrals for a buyer’s or listing agent from friends, family, and coworkers, and do some online research. Then, interview agents at different real estate agencies before deciding. Ask about their experience, workload, specialties, commission rate, and marketing approach.

Do buyers pay commission to the real estate agent?

The commission that compensates real estate agents for their services is paid out of the final sales price. It’s the seller who delivers the funds in the end. Since those funds come from the money that the purchaser provides to acquire the home, it could be argued that ultimately, it’s the buyer that pays.

Can a felon become a real estate agent?

The laws and regulations that govern the real estate profession vary from state to state. So, while a felony may prevent someone from obtaining a real estate license in Arizona, an aspiring agent in Florida with a felony on their record is far more likely to get one. Many states allow real estate licensing for people with felonies on a case-by-case basis if the circumstances meet specific guidelines.

Can a real estate agent work without a broker?

Real estate agents may not work independently with homeowners and buyers to list, sell, or purchase homes. A real estate broker must provide oversight. But agents may become brokers after completing special training and/or academic courses and meeting state-specific broker licensing requirements. Though agents may need to work under a broker’s firm for a set period first.

Is it required to hire a real estate agent to sell a property?

In all 50 states and the District of Colombia, property owners may sell their real property without contracting with a real estate agent. These are “For Sale by Owner” arrangements. But many FSBOs eventually turn to an agent to sell their home or commercial property due to the legal complexities of real estate transactions.

How much do real estate agents make?

In May 2021, the average annual income for a U.S. real estate agent had reached $90,687. Agents working in markets with houses that sell for prices far higher than the national average may earn more. On the other hand, lower markets may generate smaller incomes. Sales frequency and commission rates and splits also impact earnings.

How do you become a real estate agent?

Real estate licensing requirements are state specific. But aspiring agents must attend classes to meet their state’s educational requirements. After completing their courses, they must pass an exam that tests both state and federal knowledge of real estate laws and regulations. They also need to find a broker to work under and pay various fees to gain a state license to practice real estate. 

How long does it take to become a real estate agent?

It’s possible to complete self-paced online real estate courses, take the exam, and receive a real estate license in as little as two to three months. But four to six months is a more realistic time frame. At a slower pace, the process typically takes no longer than a year.

How much do real estate agents make per sale?

That depends on many factors, including the commission rate, the agent's split with their broker, and the home's sales price. For example, the average sales price of a new house in the U.S. hit $408,800 in 2021. With a 6% sales commission, that equals $24,528. After splitting that with the listing agency and the sales agent’s broker, the agent may earn about $6,000 to $7,000 on that single sale. Pricier homes earn greater commissions.

How much money do the top earning real estate agents in the world make?

In the U.S., top earners make an average of about $80,000 to $112,000 annually in real estate markets in Alaska, Massachusetts, Connecticut, and New York. For international agents in the U.S., the average annual real estate agent income is $77,264. Higher earners make nearly $140,000 each year. Some rare “star” agents earn half a million or more annually.

How many hours does the average real estate agent work per week?

Successful real estate agents put in full work weeks. A 40-hour commitment is typically necessary. Those hours are likely to include evenings and weekends. Most agents continue working those hours throughout their careers. They split their work hours between office hours, travel time, and time spent advertising and marketing, generating leads, and showing properties.

What are the best tools and technology for real estate agents to use?

Technology and tech tools are a huge part of a real estate agent’s profession. Customer relationship management tools are essential for quality customer service that attracts repeat and referral businesses. Other helpful tech tools include marketing apps, virtual 3D tours, and technology that assists with lead generation, transaction management, bookkeeping, and accounting. Even graphic design technology can be helpful, allowing clients to visualize their new homes.

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