financial statemetn

What is a REBNY Financial Statement?

What is a REBNY Financial Statement? A REBNY financial statement is used by sellers in New York City to evaluate the financial strength of buyers. Buyers should be prepared to complete a financial statement and submit it with their offers. Click here to view a REBNY financial statement. Why Do You Need a REBNY Financial […]

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Central Park North and its $150M Improvements

Central Park North and its $150M Improvements One of the greatest things about New York City is Central Park. It has just about everything you could want or ask for in a city park: a carousel, a zoo, ball fields, clay tennis courts, rowboats, restaurants, open lawns, playgrounds, fountains, statues, theaters, a castle, a garden, dirt […]

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Ride (and Drink) for a Cause | Friends of Digs Realty

Ride and Drink for a Cause with Friends of Digs Digs Realty Group is organizing a charity fundraising spin ride for the Crohn’s and Colitis Foundation at FlyWheel Sports in Lincoln Square on Saturday, September 21 at 3pm.  We’ve reserved the entire studio, so please come ride with us! There is no minimum donation – every […]

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Amazon and Realogy Real Estate Partnership | TurnKey

Amazon and Realogy Real Estate Partnership | TurnKey Today, Amazon and Realogy announced a new partnership called TurnKey. TurnKey will connect home buyers with real estate agents. What Do Home Buyers Get? Home buyers will get up to $5,000 to spend on certain Amazon home services and smart-home gear after they close.  The amount of […]

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Digs Realty Co-op Board Interview Prep

Digs Realty Co-op Board Interview Prep Generally, if you have made it to the co-op board interview prep stage, the board thinks you are a good candidate and wants to welcome you to the building.  Digs Realty has never had a client rejected after meeting the co-op board for an interview.  We wrote an article […]

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Digs Realty 2019 Q2 Newsletter

After a six-month hiatus, our Digs Realty newsletter is back!  I’m sure you’ve all been dying to hear about the 2019 market, so this newsletter is chock full of juicy updates.  I apologize for the break, but April and May were two of the busiest months that Digs has ever had – which set the […]

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State Increases Mansion and Transfer Taxes in New Budget Deal

State Increases Mansion and Transfer Taxes in New Budget Deal The New York State legislature and Governor Cuomo agreed to a state budget deal that created new progressive mansion and transfer taxes for residential real estate purchases and sales.  The changes went into effect on July 1, 2019. The so-called “mansion tax” – perhaps the […]

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Rejection from Co-op Boards

Rejection from Co-op Boards Buyer’s and seller’s real estate agents do everything they can to avoid rejection from co-op boards.  Before accepting an offer, a seller’s broker will scrutinize the buyer’s profile.  They will look at the buyer’s financial profile, including their debt to income ratio and their liquid assets after closing.  The agents will […]

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Choosing a Real Estate Broker to Sell Your Home

Choosing a Real Estate Broker to Sell Your Home Choosing the right real estate broker to sell your home can be a daunting task.  I always tell people if they have a warm referral, they should start their search there.  If you don’t have a solid referral and are reaching out cold, you should ask […]

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Track Record Proves Traditional Brokers Work with Rebate Brokers and Discount Brokers

Track Record Proves Traditional Brokers Work with Rebate Brokers and Discount Brokers At Digs Realty, we have been offering rebates and discounts to our clients since 2014.  Our track record of closing over 150 deals proves that traditional brokers have no issues working with good rebate brokers and discount brokers. Why? At the end of […]

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Getting Home Buyer Rebates with your Real Estate Agent

Real estate agents are allowed under New York State law to give home buyer rebates to their clients.  The New York State Attorney General encourages buyers and brokers to take advantage of commission rebates as noted here. Since 2014, Digs Realty Group has given huge broker commission rebates (over $3.25 million) to its clients.  Digs […]

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Digs Realty 2018 Q3 Newsletter | $2.85MM+ in Rebates

Digs Realty up to 2% of your purchase price cash back at closing Enjoy the Buyer’s Market…While It Lasts The news media continues to report on the dismal state of the NYC residential real estate market for sellers – from Crain’s: “Manhattan Home Prices Fall Again”, from Bloomberg: “NYC Home Sellers Are Cutting Prices Like […]

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The Perils of Price Per Square Foot

The Perils of Price Per Square Foot The NYC real estate market has never been more transparent than it is today.  This is due to the volumes of useful data available on free, user-friendly websites like Streeteasy, ACRIS and GIS Map. With all this data at their fingertips, homebuyers  have never been more well-informed.  With […]

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Digs Realty Q2 2018 Newsletter | $2.5MM+ in Rebates

Digs Realty up to 2% of your purchase price cash back at closing Happy Summer Everybody!  We hope you are all feeling good with the start of warmer weather and enjoying the World Cup!  Please enjoy our 2018 Q2 newsletter. A Tale of Two Markets We are in an unusual market right now.  According to a Streeteasy report, at […]

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Digs Realty Q1 2018 Newsletter

Is it Spring yet? The calendar says yes, but it sure doesn’t feel that way.  After two months of fairly icy market activity to start the year, things have started to pick up, and buyers are starting to shake off the cold.  The reality of the new tax law has set in, but uncertainty abounds, […]

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