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Old 06-04-2010, 04:52 PM
 
1 posts, read 1,216 times
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My wife and I are moving to the east coast in a couple months from LA. I'm trying to figure out where to practice real estate, either Westchester or Manhattan.

I'm believe Westchester has an active MLS system similar to most of the country. So that would be an easy transition. But even though Manhattan has an MLS I'm not sure if it is truly relevant. Aren't most deals done in house??Unless I'm with a big broker I may be at a disadvantage??? Plus dealing with the co-op boards?? Just not sure how it works so I can compare city realtor with suburban realtor.
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Old 06-26-2010, 07:29 AM
 
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Where will you be living, Manhattan or Westchester?

FYI, Manhattan does not have an MLS.
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Old 06-26-2010, 07:47 AM
 
Location: Beautiful Pelham Parkway,The Bronx
8,389 posts, read 19,643,310 times
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All real estate in NY( city and Westchester) is networking so you will be at a big disadvantage wherever until you get established,make contacts,etc.
There are lots of coops in Westchester too. Not like the city but still a lot.You can't just decide not to deal with coops because you don't want to deal with coop boards.It would be stupid.

It really depends on where you are planning on living.It would be very difficult(especially at first) to try to sell residential real estate in Manhattan while living in Westchester and just as difficult trying to sell houses in Westchester while living in Manhattan.

In any case,plan on a long period( a year or more) of no income while you learn whatever market you decide on. Real estate here is a very connections oriented,self starter,cut throat kind of business.Most brokers don't even want to hire you unless you already have customers and listings and they don't want to give you anything.It's all about what you can bring to them.That goes for the city and Westchester.
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Old 12-22-2010, 06:50 PM
 
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So what did you end up doing? Westchester or Manhattan?
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