Takk TV August NYC Housing Market Update
Take the less traveled path to find the DEALS. Buyers are coming to me in droves asking me for DEALS amidst this COVID19 housing market. Is NYC DEAD? NO! Truth of the matter is, the only DEALS that are happening in right now in Manhattan are in areas where there’s less people looking. Watch the video to learn more! #TakkTV
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The State of the NYC Rental Market Amidst The COVID19 Pandemic | Dylan Pichulik XL Prop Management
New Episode on The Real Takk Pod: “The State of NYC Rentals Amid the Corornavirus Pandemic” After a little hiatus (sorry!) Dylan & I discuss the state of todays NYC rental landscape amidst the COVID19 Pandemic. In short, Manhattan is getting destroyed. And to be candid, nobody has a playbook for what seems to be an impossible task to manage these vacancies. (and dealing with the human aspect of the business has been nothing but a challenge)
NYU Alum Dylan Pichulik is the Founder & CEO of XL Real Property Management, a leading NYC property management firm that specializes in managing the assets of condos & coops owned by individual & institutional investors throughout the world. His real estate background started at the ripe age of 18, working as an agent at Citi Habitats. After a stint in being a broker & joining in on the Citi Habitats Marketing Group representing their larger developer clients at the time, Dylan then dove further into property management, joining Ziel Feldmans HFZ capital group. There he managed their several million square feet of condominium & new developments throughout NYC. (their projects include the Belnord, one madison, devon condo, seat, 45 wooster, seat, herald towers, tempo, the bryant to name a few. Dylan lives in with his wife, kid, and a 60 pound golden doodle. You may follow Dylan at @dylanpichulik & his website https://www.xl-rpm.com/
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Life in NYC Since Phase 2 Openings
A selection of our completed deals during quarantine. We've finally entered phase 2 of openings here in NYC. The last 15+ weeks have been an extremely challenging time for The Takk Team & our clients. Several of our sales deals fell apart during quarantine, & our investors in NYC are seeing a 14 year high in rental vacancy rates. Facing these uncertainties moving forward will not be easy, but one thing we will guaranty is our commitment & dedication to work through these tough times with our clients, each step of the way. It will take time, but NYC will come back.
"Worry is like a rocking chair: It gives you something to do but never gets you anywhere"
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Amir Korangy, Founder of The Real Deal: The Pandemic, Black Lives Matter Movement & NYC Protests
The Founder of The Real Deal Amir Korangy joins me on The Real Takk Podcast. The Real Deal is a media, publication & events company with a focus on covering residential & commercial real estate news, politics, & history of the NYC, South Florida, Chicago, LA, & the tri-state markets. (also important to note that Since the pandemic, The Real Deal's traffic has gone up 40% to over 4.2M visitors a month (2.8M uniques!)
We discuss his thoughts on COVID19 impacting NYC, The Black Lives Matters movement, where we stand in this historical period, and knocks out some tough questions thrown at him as head of the largest real estate publication firm.
Amir was born in Tehran, Iran. where his family left after the Islamic Revolution as political refugees and spent time in Paris and Madrid before settling in the Washington DC area. Amir started The Real Deal out of his Brooklyn apartment nearly 20 years ago, shortly before he was joined by his Editor in Chief Stuart Elliot. The Real Deal’s first hit the map when Donald Trump responded to an article from a previous issue by ripping out the page and hand wrote: “why all the anger, Stuart, love the Donald” to your Brooklyn office. (this was in response to an article about developers saying Donald wasn’t a “real developer” before the launch of his reality TV show) Amir has a lengthy list of accolades and to mention a few, he was listed in The New York Observer's Power 100 list of the most powerful people in New York Real Estate, in 2013, Inman News named Amir as one of the 100 Most Influential Real Estate Leaders in the Media category, & in 2012, he was named Entrepreneur of the Year by the YJP Young Jewish Professionals.
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Gabriel Stulman, Owner/Operator of 9 NYC Restaurants in the COVID World, Politics, Policy& Survival
Gabe Stulman is my guest on this episode of Real Takk. Gabe owns & operates 9 restaurants in NYC, the majority of them located in the West Village. We discuss the implications of SBA's PPP system to restaurants, the future of his restaurants, his actions to Congress, and what his relationships are currently like with multiple landlords.
Hailing from my hometown in Fairfax VA, Gabe moved to NYC post-college working as a bartender, and eventually became an opening partner at Little Owl & market table. in the west village. Today he’s the CEO of Happy Cooking NYC where is operates the restaurants he founded including the names of Joseph Leonard, Fairfax (formally known as Perla), Fedora, Jeffrey’s Grocery, Bar Sardine, Studio, the GW Bar, Simon & the Whale, & most recently The Jones, located on Great Jones Street. I encourage you all to follow Gabe and his recent initiatives during covid19 & information on these restaurants. Happy Cooking Hospitality
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Three Most Pressing Issues Facing in NY & State of the NYC Commercial Landscape [Real Takk Podcast]
Chris joins me on The Real Takk Podcast to discuss the 3 most pressing issues facing New Yorkers, in life & work today, the state of the commercial market in NYC, what he thinks the recovery holds for New Yorkers, & shares his come up in the cut-throat world of commercial real estate.
Chris founded Okada & Co in 2005 by himself. He rose to distinction during the financial crisis of 2009 and its recovery by using the market's lowered state to transact in nearly $1B commercial real estate sales and leasing transactions in Midtown and Downtown Manhattan. 2011 Christopher founded The Okada Acquisition Company to begin acquiring prime office, retail, and multi-family properties in the Midtown and Midtown South submarkets of Manhattan. His Acquisitions include a prime office building in the Herald Square section of Midtown, a brand new luxury condominium development known as 432 West 52nd Street, and few other office and retail properties like 894 Avenue of the Americas, 148 West 24th Street, and the retail at 135 West 52nd Street.
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Will the Housing Prices Drop in Denver Amid The COVID19 Crises? [Real Takk Podcast]
Jessica Northrop from Denver Colorado jumps on the Real Takk Podcast to discuss the state of the Denver Colorado's real estate market amid the Covid19 Crises. How strong or weak is the Denver market? Which areas are hot? Which areas are negotiable? How has business changed since the Nationwide shut down? She's here to reveal it all! Jessica is the founder of the Compass Denver office. Learn more about her back on episode 3. You may follow her on IG @jessica_northrop
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Philadelphia Real Estate Virtual Housing Market During COVID 19 [Real Takk Podcast]
I’m pleased to have Margaux Pelegrin of Philadelphia PA join us on The Real Takk Podcast to discuss the state of today's real estate market as we enter the 2nd full month of lockdown. Margaux entered the industry in 2005. Born & raised in Ritten House Square, she attended the University of Maryland, was our founding member of Compass Philadelphia back in 2018. Her team transacts about $67M worth of properties annually, & in 2018 closed around $72M! You may follow her team on IG @onthesquarerealestate and Margaux at @margauxpelegrin
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CA Neutral Housing Market, Medical Staff Support Through "Blue Ribbon Challenge" [Real Takk Podcast]
Pleased to join me in this episode are the leaders of our Newport Beach California market Dylan Mason & Mark Taylor of the Mason Taylor Associates. They come on to discuss their adjusted lifestyle amid the COVID 19 crises, how the market is faring, how they are getting deals done, as well as what they are doing proactively to help their community.
Dylan has been involved in the luxury real estate market since the age of thirteen where his mother was a real estate broker, & Mark was born in Northern California and moved to his current neighborhood of Costa Mesa 12 years ago.
These guys are a wealth of knowledge and were gracious enough to spare a few minutes to come on my podcast. Please give these guys a listen & follow them on IG @MasonTaylorAssociates as well as their website: https://www.masontaylorassociates.com...
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How The Real Estate Market in The DMV Is Faring Amid The COVID19 Crises [Real Takk Podcast]
Learn from reality & adapt. The Wydler brothers were gracious enough to join me again on another episode of Real Takk to discuss how the real estate market in the DMV is faring amid the COVID19 crises. These guys are a WEALTH of knowledge and we cover topics from open house foot traffic, inventory in the area, pricing, as well as some funny brotherly banter. The brothers have been featured in The Washington Post, WSJ, Washington Business Journal, Inman News, to name a few. I love their core principles that their team abides by which are:
1. Do the right thing.
2. Create positive, lasting memories in all our relationships.
3. Make tomorrow better than today.
4. Succeeding as a team while excelling as individuals.
5. Own it and act passionately on it.
6. Support and give back to our team and community.
Please follow them on Instagram at @wydlerbrothers & their website www.wydlerbrothers.com
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How To Close Deals Amid The COVID Feet Boston Real Estate Market [Real Takk Podcast]
Jillian joins The Real Takk Podcast to discuss how she's been closing deals amid the COVID19 crises! She's been working in Massachusetts Real Estate since 2009, and brings to extensive experience in Boston’s real estate and development markets with over $175M in sales volume since 2012, as part of the Kopman Adler team. Even in the state of the pandemic we’re in, Jillian’s sold 5 homes between South end, Brookline, & Jamaica Plain, while also collaborating with @americanprovisions & brought 80 lunches to the medical staff at Boston Children’s hospital. Some fun facts of Jillian: Received B.A. from the University of Massachusetts of Amherst & also ran the Boston Marathon in 2019 to support of the YMCA. She provides a wealth of knowledge to listeners on how to be successful during the mandated 'stay at home warning'. Follow her on @jillianleigh21 on Instagram, & her properties on https://www.compass.com/agents/jillian-adler/
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LA Real Estate Market Trends & Price Fluctuations Amid The COVID19 Crises [Real Takk Podcast]
Ari Afshar joins the Real Takk Podcast to discuss his current life amid the COVID19 Crises, the state of the luxury LA Real Estate Market, where prices have fluctuated before & after, how he's spending his time, how he recruits, manages, and his psychology behind operating a 20+ top producing team in LA. Ari the Founding agent in LA. A native of Beverly Hills he co-founded his own agency in 2008 focusing on the distressed property market. After negotiating thousands of notes with lenders, Ari was selected as one of 8 real estate agents nationwide on Bank of America’s Realtor® Roundtable. He’s also succeeded as the Founder and CEO of multiple social media marketing, real estate web development and mobile app building companies. Since 2014, Ari has been involved in hundreds of millions of dollars worth of real estate deals. Ari’s been featured in Forbes, LA Times, yahoo entertainment, Curbed LA, Architectural Digest, & the real deal. Please follow on IG at @ariafsharandassociates as well as his website: https://www.ariafshar.com/AriAfshar
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How National Restaurant Industry Is Affected During COVID19 [Real Takk Podcast]
Learn, adapt & adjust. The Restaurant Industry is in a state of emergency right now. I’m joined by the CEO of Emerging, Mathew Focht & the VP of Marketing for Buyers Edge Platform Andy Rosenbloom. They’re here to discuss how the COVID19 Crises is affecting our beloved restaurant industry on a national level.
About Emerging: EMERGING optimizes restaurant and entertainment concepts for sustainable growth and profitability. emerging.com
About Buyers Edge Platform: The Buyers Edge Platform, launched by Foodservice GPO entrepreneur and CEO John Davie, offers contracts, technology, data services and expertise to Manufacturers, Consultants, Group Purchasing Organizations (GPOs), and Operators of all sizes.
The Buyers Edge Platform: Launched by Foodservice GPO entrepreneur and CEO John Davie, offers contracts, technology, data services and expertise to Manufacturers, Consultants, Group Purchasing Organizations (GPOs), and Operators of all sizes.
You may follow Andy on Instagram at: https://lnkd.in/dXZXVvQ
& Mathew on Linkedin at: https://lnkd.in/dM5dkmC
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Chicago Real Estate Market Trends & Closing Deals Amid COVID19 [Real Takk Podcast]
Lauren jumps on the Real Takk Podcast to discuss what's been happening in the Chicago real estate market amid the COVID19 crises. Lauren is the Founder of Compass Chicago with almost 20 years of experience working with buyers, sellers, investors, & landlords in her market. She delves into how she's navigating today's climate, the ups & downs of working during Chicago's "stay at home" order, and how closings are still taking place amid office closures.
A Chicago native, Lauren is a third-generation Realtor® who grew up in a real estate family. Forbes Magazine and NAR selected her as one of their "30 Under 30s" from young professionals across the country. She was also named by Chicago Agent Magazine as one of their "Who's Who in Chicago Real Estate" in 2008, 2010, and 2018.
Lauren is a bright mind & a skilled broker. She generously shares her knowledge & insight in how to navigate & survive today's market. Follow her on IG at @LMitrickwood & her team @olive.well as well as https://www.olivewell.com/. Find her on FB @ Lauren Mitrick Wood. Thank you for listening!
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How COVID19 Is Affecting Real Estate Market & Advice From Compass CBO Rob Lehman [Real Takk Podcast]
Excited to announce Compass CBO (Chief Business Officer) Rob Lehman jumping on the Real Takk Podcast to discuss all things real estate, the current environment of the brokerage business, how COVID19 is affecting our outlook for 2020, how we're shifting & gearing up in the future, & advice he has for small business, brokers, & brokerages.
Rob Lehman joined Compass as one of its first 30 employees and has been promoted several times to now hold the title of Chief Business Officer. Today, Lehman runs all expansion, sales, M&A and strategy for Compass. Under Lehman's leadership, he's helped raised our newest round of $370 million in a Series G round that takes our valuation to $6.4 billion
Rob has been named one of Forbes 30 Under 30, was ranked #27 on the T360 list of the 200 most influential people in residential real estate, and graduated summa cum laude from Duke University.
Outside of work, Rob is an accomplished golfer, soccer player, table tennis athlete, & generally a jack of all trades. Give this one a listen!
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How COVID19 Is Affecting Healthcare Industry & First-time Home Buyers [Real Takk Podcast]
I'm pleased to have Surgeon Dr, Julien Dagenais MD join us on The Real Takk Podcast. Julien chips in on his thoughts on the virus, the effects on his business, and what it's like being a first time home buyer in this market. You may follow Julien on IG at @d0n.julio & Facebook Julien Dagenais. Search Real Takk on Spotify & Apple Podcast.
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How Does Covid Impact The Real Estate Market & Why Is It Different From 08 Crash [Takk TV]
Hey All! Why is this diff from 08 crash? There was an excess of leverage & underwriting standards in the mortgage market. WE did not go into this b/c of the realization or unraveling of a bubble. we went into this seeing high numbers in consumer confidence & manufacturing as well as high levels of employment. The fundamental numbers are good. This is an intersection of a 11-year-old bull market with some fragility built into it, experiencing two unanticipated events. 1st being the coronavirus, and the 2nd being the Saudi’s going after Russia and flooding the market with Oil & taking down the OPEC market. That’s how we got here. I cannot stress to everybody that we all have a responsibility to contain this virus, but we also have the responsibility to make this clear to market participants. We are not experiencing a breakdown of certain things, it is b/c we are seeing two separate, temporary shocks. That's it for today! Thank you for watching and speak to you soon!
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Secrets Behind How Westchester Real Estate Agent Closed Over $29M Deals in 2019 [Real Takk Podcast]
Pleased to have Lindsay Rothman (@lindsay_rothman ) join us today on The Real Takkk Podcast. Lindsay hails from Mt Kisco Westchester (NY). She joins me to discuss her childhood, the early struggles in life, and how she became one of the top agents in Westchester, closing over $29 Million in transactions in 2019 & how she’s grown her business to date. Lindsay obtained her Bachelors at Suny Oneonta, and obtained her Masters Degree from Mercy College. Lindsay is wife to Tim Rothman and her 2 kids Dylan & Cecelia. She is a resident of Dobs Ferry Westchester. This episode & all other episodes are available by searching “Real Takk” on Spotify, Apple Podcast, & Podbean. Thank you for listening! @whywestchesterny
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2020 Overall Market Prediction [Takk TV]
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Thoughts On Banning Tenants From Paying Broker Fee For NYC Rental Properties [Real Takk Podcast]
In this episode, we have our Chief Evangelist of Compass join in on my show to discuss the State Legislature's proposed new law of banning tenants from paying the broker fee for rental properties in NYC. He is a proponent of the brokerage community and an influential voice in our field. Here are his takeaways about his day written from his daily contemplations:
1. You have to show up. Whining and complaining about politics is useless. Sometimes you must roll up your sleeves and get involved and make an effort. Take the time needed to get involved and have an impact.
2. The squeaky wheel gets the grease: without fail, every politician said they listen and hear the loudest, most consistent voices most.
3. You have to be looking out for the greater good. Yes, some special-interest lobbyists succeed to cater to their own hyper-localized issues, but politicians care most about pleasing the majority of voters.
4. Rehearse your message and be CLEAR about what you want, and ASK how the politicians plan to address your concerns.
5. Make your concerns public. A letter is easily filed or thrown away. As is an e-mail. A TWEET or social media post tagging specific politicians is PUBLIC. You cannot ignore that as easily.
6. Numbers count. A handful of people's voices matter. Several hundred or thousand voices will get REAL attention. And action.
7. Politicians are BRILLIANT at making you feel like you've been heard, that they REALLY CARE. Don't rely on words and promises.
8. Don't rely on 'others' to speak on your behalf. Most times they have other interests at heart.
9. Politicians listen closest to their constituents. They want to succeed and be re-elected.
10. We hired a lobbyist. I abhorred lobbyists until yesterday: without this lobbyist, we would never have been able to as effectively identify whom to meet with and how. This lobbyist acted like a great agent and we all know how important a good agent is!
As a result, the New York State Justice Mackey temporarily blocked the state’s week-old ruling that had effectively barred tenants from having to pay a broker fee, issuing at least a short-term reprieve to an industry scrambling to respond The decision was expected to stay in place until at least March 13, when Justice Mackey has asked the Department of State to respond in court. However, this restraining order does not necessarily foreshadow that the broker fee ruling will be blocked for good.
If you're interested in real estate news & politics, this is certainly an episode for you! Thank you for subscribing & listening!
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Tenant-pays-broker-fee system Got Reversed In NYC [Real Takk Podcast]
This is an EMERGENCY POD! We delve into this last minute, unexpected addendum to the rental law regulation issued by the Department of State this week, where they reversed the tenant-pays-broker-fee system that’s been the norm in rental transactions in New York City.
The guidance is based on the DOS’ interpretation of the rent law passed last June, and notes that agents working for landlords will be penalized if tenants pay their broker fees.
My cohost Danielle Stout & I discuss the impacts of this in today's market, and we are also joined by our guest speaker Justin Rubinstein of Compass.
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Call To Action To Win $100 Amazon Gift Certificate & NYC To-do-list [Takk TV]
This is a CALL TO ACTION to win a $100 Amazon Gift Certificate. If you're not on our contact list & you follow me, please send me your name & email. If you're on my contact list, but have a friend interested in real estate, please send me their contact info (with their permission!) All submissions will be enrolled into a drawing at the end of Jan to receive the prize!
Bringing in my friend @justinrubinstein to the first 2020 episode of Takk TV discussing his NYC tips! Watch and learn from the best of them! CC: thanks for the cameo appearances by: @iliketdb @seanfnando @jeffreysgrocery @daniellestout12 @compassny @compass
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Subconscious Library of Influences Shapes Who You Are As A Business Person [Real Takk Podcast]
We’re kicking off 2020 in the best way possible on my platform. Last week, I had the opportunity to get my good friend Lane Johnson from Aspen, and today, we have our South Beach / Miami extraordinaire Levi Meyer joining me on what will be an awesome episode of Real Takk.
Like I said before, behind every business individual, there is a subconscious library of influences that shapes who we are. It’s easy to forget that our ideas are actually the manifestations of our life experiences. Our business work ethic & style is an outward expression of our past & current habits. Whether you’re running a real estate business engrossed in the fabric & culture of Aspen Colorado & its people, hiking up the Highland Bowl, hanging out at The Nell, taking clients out to Cloud 9, and skiing / fishing the back country while navigating the thousands of acres of White River National Forest like your back yard, or you’re a surfer broker that frequents Montauk & sips cocktails with clients at Gurneys , Real estate & any business in general is a summary of exactly that. And speaking of subconscious library of influences that shapes who you are as a business person, Levi is part of the cultural fabric of just that, but in Miami Florida. While he is a super broker in his own way, listing trophy properties like the Porsche Design Tower #2901, & closing waterfront lots & beachside homes off south beach, he can be seen hanging out at 1-800 lucky at The Wynwood, & taking his family on his boat through the ocean channels of Miami.
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Well-known Real Estate Attorney - Adam Bailey Shared Stories & Market Insights [Real Takk Podcast]
New Episode of The Real Takk Podcast is now up! I am honored to have on Adam Leitman Bailey on the show. Adam is one of the most distinguished real estate attorneys in America and the top real estate litigator in NYC. Born in Bayside Queens, Adam moved to California at the age of five and later moved back to NJ where he graduated with honors from Rutgers, then obtained his law degree from Syracuse University College of Law.
Adam is an author of NYT’s best seller Finding The Uncommon Deal.”, was selected by the Chambers & Partners publication as NY’s leading RE lawyers, and was named Super Lawyer by Law & Politics magazine. Adam has a long list of notable cases, but to mention a few he’s represented Developer Sharif El Gamal, who proposed an Islamic mosque & cultural center near the ground zero site, where his opponents were the families affected by 9/11, politicians, and conservative media pundits. (long story short it turned into 45 park place. Adam was responsible for obtaining the largest residential condo settlement in the history of NY, as well as successfully relieved purchasers from new developments like 20 pine, The Brompton, Trump Soho & Sky View Park. To date, he’s sued Donald Trump 7 times, he’s been on on-going litigations with Harry Mackelowe for 15+ years, and had represented the highest net worth divorce case in U.S. History between Linda & Harry Mackelowe in 2019. Adam is chock full of content, so do give this episode a listen!
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The Life & Business of Aspen Colorado Super Broker [Real Takk Podcast]
We closed out 2019 right with the last interview with my guy Lane Johnson. Every businessperson is comprised of a subconscious library of influences that shapes who you are as a business person. Lane is part of the cultural fabric of Aspen Colorado. While he is a super broker in his own way, listing a $24M compound that brings 8 homes on the property this year (2020), to $15M homes on red mountain, he’s also a dedicated skier, camper, raft guide, & a sponsored Lulu Lemon Athlete Ambassador. He teaches a skinning class in the morning, where he’ll lead a group up Buttermilk mountain in 7 degree weather, taking visitors on hidden shrine tours hidden tree runs of Ajax mountain, all while showing the most prime mansions & condos in the Aspen Core market.
Lane & I met here in Aspen in the summer of 2014 when we opened up our first Compass office in Colorado. If you're interested in the real estate market in the Aspen area, or simply want to explore what life is like in Aspen, Lane comes with a wealth of incredible knowledge & definitely someone you should speak to. You may follow him on IG at @lanerjohnson, or simply email him at Lane@compass.com
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The Takk Team 2019 Year End Wrap Up
It's been a pleasure serving and helping our clients throughout these past 10+ years
To summarize our team's accomplishments in 2019:
Over 130 transactions completed in NYC
$200M+ worth of real estate assets represented in our coop, condo, & townhouse sales, leasing & lease renewals department.
$2.8M worth of annual rent roll signed for our investors including our 1-10 unit coop or condo owners, and our legacy multi-family owners & operators.
We look forward to serving your needs in 2020!
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Utilizing Cars To Seize Luxury Property Opportunities [Real Takk Podcast]
If you don’t ask, you’ll never know. Not to sound cliche, but nothing is ever handed out. In most of any business, some things aren’t even in the open for you to grab in the first place. You have to seek it out and put yourself out there. In an industry where every listing, buyer, client, and business opportunity is extremely coveted, a high level of hustle is always required at any stage in your career. Who knows where Marty would have been right now if he didn’t make an effort to gather courage to get in front of a camera and create “Condos & Cars with Martin Newman”. The moral of the story is, whatever you don’t do, won’t come to life. You miss 100% of the shots you don’t take. What other metaphors do you need? It’s so universal because it’s so true. So be bold, spark that conversation, and show that enthusiasm that you have.
Martin & I met about 9 years ago in 2011 at Town residential. We were in our mid 20’s, both hustling our exclusive rental listings, running up walk ups, and figuring out ways on growing our business. Williamsburg wasn’t much of a neighborhood then, and the Hudson Yards was still a vacant parking lot for the MTA trains. Martin hails from CT, and moved to NYC after graduating Southern CT state university. His love for real estate began in his late teens after operating his own property management business. He joined Compass in 2018, and recently founded his own social media channel condos and cars. He lives in the west village with his girlfriend, but has also lived in North Williamsburg, South Williamsburg, & Union Square. You may follow him on IG at @martinnewman & his Youtube Channel “Condos & cars with Martin Newman.” @martinnewman @compassny search for the FULL POD of REAL TAKK on Spotify and Apple Podcasts!!
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How Does a Top 25 Real Estate Agent Team in the U.S. Run Business [Real Takk Podcast]
Welcome to the latest edition of the Real Takk Podcast. Today we bring on The Wydler Brothers, which consist of brothers Hans and Steve Wydler, along with 18 agents & 6 support staff. These guys have a brotherly banter that is infectious, a wealth of real estate & leadership knowledge, and an overall sense of integrity that they both bring to their business practice. Give this one a listen.
They’ve been selling residential real estate for almost 20 years in the DMV (DC, Maryland, Virginia) area. They’ve built the highest producing team in the DMV, & has become the top 25 teams in the U.S. according to The Wall St. Journal.
Hans has an M.B.A. from Harvard Business School and a B.A. from Yale University. He lives in Bethesda with his wife and their two children. He started his career as a Director of Online Classified for the WaPo in 1994, & after a few years working in other tech-related firms he joined Long & Forster in 2001. (& for those that don’t know they’re an affiliate of Christie's based near where we are in Chantilly VA & founded in Fairfax county.)
Steve is a reformed transactional lawyer turned real estate broker. He lives in McLean with his two daughters & an Aussie Doodle. Steve graduated from Dartmouth, was top of his class at New York City's International Bartenders School, and received a J.D. from Vanderbilt Law School. Upon graduation, he worked as an Associate at Pillsbury Winthrop, then become assistant general counsel for AOL in 1998 for almost 10 years. He joined the real estate in 2012 after founding FiveStreet, a real estate lead conversion tool that helps optimize real estate brokers' consumer interactions online.
Please follow them on IG at @wydlerbrothers & follow us on our social channels!
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2020 Market Outlook & Investment Options [Takk TV]
We want to give you a quick update as to what’s taking place as we get closer to 2020 and closer to the election, as far as the talk about THIS recession!
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South Florida Housing Investment Advice & Megan Probst's Stories [Real Takk Podcast]
It's my pleasure to have Megan Probst on my show today! Megan is a Broker-Associate at Compass representing out South Florida office! She joined our Compass team over two years ago after working as VP of sales & marketing for Florida developer "Invesca Development Group", where she spearheaded the launch of their sales & marketing platform, as well as experienced representing their new development as part of their in house sales team, representing over $500M worth of residential & commercial mixed-use projects along Pompano Beach & Plantation FL.
Megan was born in Jamaica but grew up in South Florida where she gained intimate knowledge of cities spanning across West Palm Beach, Broward, and Miami Dade. In this episode, we cover topics from how she got into our business, where she is going next, what you should invest in if you had an investment budget of $1M-$5M, and the up & coming areas of South Florida. You want to be in the know, so give this a listen! You may follow her at @meganrobst_compass on Instagram, as well as Megan Probst on FB & youtube channel.
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One of Top 3% brokers, Nick Svensson Shared His Successful Stories [Real Takk Podcast]
Nick Svensson has been a licensed Agent & real estate professional since 1996, when they used to show homes in carriages led by horses :) Upon graduation from UCSB in 95, Nick drew early success with his first agency Fred Sands Realtors, then later joining Sotheby's International Realty in Montecito as one of the top 3% brokers out of 43K brokers nationwide.
Born in Linköping, Sweden; Nick arrived in Santa Barbara at a mere 5 months old. While he has been excited to call Santa Barbara home since 1972; he still keeps his Swedish roots intact and is fluent in the language. Nick & I first met in Aspen Colorado during the summer of 2016 when we opened our first Colorado flagship office there. I'm proud to call Nick a friend, mentor, colleague, and as Reffkin our CEO would say, someone I am extremely proud to be on the same team with.
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NYC Attorney Transacted Buy Side & Sell Side Deals [Real Takk Podcast]
Andrew Jorges is our attorney representing the Takk teams' clients on both the buy side, sell side, & even litigation of certain aspects of a real estate deal. As a Penn State grad majoring in Accounting, he was employed with KPMG for a year before jumping back into law school at the Cardozo School of Law in 2009. Upon graduation, he practiced law at a small midtown shop that specialized in residential & commercial transactions and then transitioned to one of NYC’s premier real estate law firms known as ALB, PC. Ranked as super lawyers rising star, Andrew has transacted over a thousand buy side & sell side deals during his career. I can tell you from my personal experience, having dealt with a few dozen attorneys, most won’t compete with the level of skills Andrew can bring to the table. Just like brokers, NOT all attorneys were created equal. Some attorneys will disappear when the deal gets tough, or stop responding to emails once they get their retainer, or have their pride get in the way of closing a transaction. Andrews been a great resource for our clients and am happy to have you today.
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Compass Boat REtreat in Miami [Takk TV]
You can brag about your low-interest rate for the next 10 years. Lock that into your head now!
Also a quick wrap up of our Miami networking event! Thank you to our special cameo stars! 2020 is looking upwards.
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Year Over Year Affordability & Great Time To Buy Houses [Takk TV]
Hello ! This is Takk and today we’re talking about year over year affordability. Though the price of homes may be flattening or rising depending on location, the cost of purchasing a home is actually falling. It's true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to that equation: mortgage interest rates. Mortgage interest rates have fallen by more than a full percentage point from this time last year. Today’s rate is 3.75%; while it was 4.86% at this time last year. This has dramatically increased a purchaser’s ability to afford a home. When mortgage rates fall, the amount paid on interest falls. When borrowing 100,000 at 3.75% interest on a 30-year fixed loan, the monthly payment works out to $463.12. When borrowing the same amount at 4.86% interest, the monthly payment would be $528.30. The $65.18 savings gained by the lower interest rate can be used for your personal savings, or trade up to buy a more expensive home. If you’re thinking of buying your first home or moving up to your dream home, let’s connect so you can better understand the difference between the two.
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Compass Trading Software Engineer Vision, Team Workflow, Startup Value [Real Takk Podcast]
Excited to bring in my next guest Mr. Brian Renzenbrink! Brain is a software engineer by trade, an early engineer at Compass that now leads our Infrastructure Automation Team. At Compass, he’s responsible for technical infrastructure projects that build our internal flywheel to make our product and engineering better. We discuss a range of topics including early days with Rob Reffkin and his vision, how you should look at equity in a startup, what rights you have as a shareholder, defining Compass's version of "Dev Ops", and his role as managing the Engineering Teams workflow. Brain is a graduate from upstate NY, a transplant from Cincinnati Ohio, & desperately trying to retain his youth playing soccer every week & going to live shows. Brian is known as a role model at Compass, and the young Ethan Hawke look alike. Brian is proud to say he is both a big & little at Big Brothers Big Sisters, a national mentorship charity program. Please follow him @BrenzenB on IG! Check out the full Podcast here! https://podcasts.apple.com/us/podcast...
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Recruiting Agency Helps Match Filipinos to Poland [Takk TV]
Real Takk, October Edition feat. Andrew Saldana, Wall Street to Main Street, from The Philippines to Poland
I am pleased to interview my friend & client Andrew Saldana. After working at a Wall Street bank in NYC for 10 years & heading up their first office in Poland, he left to start a new venture, a Recruiting Agency that helps match Filipinos to Poland, where the country is facing a major workforce shortage. A true innovator & a New Yorker at heart. This is a great interview so please give my two minute YouTube video a watch!
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Compass Bridge Loan Program - Easily Upgrade to a Larger Space Without Downpayment [Takk TV]
We're pleased to officially announce the Compass Bridge Loan Program. A bridge loan is a short term loan that uses the equity from your existing real estate asset, to help you acquire your next one, without rushing to sell your current home. If you want to upgrade to a larger space, but don't have the downpayment yet, you can use the equity of your home to put towards the downpayment of your next residence. We will then work on selling your original home while we assist with the payment of the next six months of loan payments, including eligible closing costs for the next six months. This is a national program and we can service our clients in the major cities & markets we serve in. Please reach out if you are interested, or have any questions!
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The Rent to Own Program - Save Downpayment With Rents [Takk TV]
NYC new development condominiums faced with the prospect of empty units & static cash flow will open up sales to a new pool of buyers by offering the options to lease the unit for a year, and have your rental payments be applied towards your down payment. Please see all details in the video. Special thanks to our guests @fsuriano @brettmoney @jacobarussell @chofiforas thanks! @anne_in_nyc
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The Importance of Leveraging Social Media to Build Brand Compass LA [Real Takk Podcast]
Excited to host my guest Naomi Klein from Compass LA! Hailing from farm town Bakersfield California, Naomi is the founder of our Beverly Hills office at Compass. She has closed over $350 million dollars worth of residential, multi-family & investment properties, with an impressive portfolio of clients in both LA & NYC. Get the inside scope on her emphasis & importance of leveraging social media to build her brand & business, how she built her real estate network, & how she deals with professional athletes like Mercedes Lewis formally with Jacksonville Jags, Rickie Nolasco formally with the Dodgers & Angels & currently an Arizona Diamondback, as well as Chad Gaudan with the Yankees & entertainers like Juicy J with 36 Mafia. This is a fun one so please give it a listen!
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Chef Jack From The Jones NYC Speaks on Menu Concepts, Bar Styles [Takk TV]
It was my pleasure this month to feature my friend Chef Jack Harris, Parter & Executive Chef of Happy Cooking NYC. Chef & his team recently opened The Jones, located in the beautiful downtown NoHo district (54 Great Jones St., between Bowery and Lafayette Street) The Jones did a complete makeover from the original Jones Cafe, which stood in this place for more than 30 years. The new restaurant concept is more in line with Happy Cooking's modern, artistic, everyday brand that includes restaurants like Fairfax, Bar Sardine, Joseph Leonard & Jeffrey's Grocery & Bar Fedora. The Jones has already been featured in the NYT & Eater Magazine. Chef Jack speaks on his menu concepts, bar style, & and gives inside look on this brand new venture. Hope you enjoy the video! Check out their website at: https://www.thejones.nyc/eat/
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Longest-tenured Compass Agent Talks About 2019 Commercial Leasing Business [Real Takk Podcast]
Jake Velazquez is the longest-tenured Compass agent! Most recently acclaimed as Commercial Observer's top 30 under 30, Jake joined right before Urban Compass was officially launched with Rob, Ori, & Mayor Bloomberg back in 2012. We mix it up about the earliest days of Compass, and how the commercial leasing business is moving along in 2019. The full podcast episode is available on Spotify, iTunes & PodBean.
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October 2019 Economic Update & Housing Price Trend [Takk TV]
Would like to give you the October 2019 economic update!
The Wall Street Journal did a survey of economists and asked a question. When will the next recession begin? We don’t think the recession is going to cause much challenges in the market, but we are afraid it’s going to cause concern in the market. Meaning, I don’t think the recession is going to be anything like 2008. But, I’m a little nervous about people panicking over it since there’s so much talk to it, especially coming into a presidential election year. The Wall Street Journal did survey of over 36 economists, and we added their results to this chart. The chart shows 4 surveys done by the Pulsenomics survey, the Duke University survey, the National Association of Business Economics survey, and the Wall Street Journal survey 46.9 percent, think that the recession is going to occur before the end of next year, with another 28 percent saying it’s going to occur sometime in 2021, and much of that was early 2021. So, what we’re talking about is in the next 18 to 24 months, the vast majority of those analysts and economists surveyed think we’re coming to an economic slowdown. Now let's look at this slide. This is your home price change during the last five recessions. And obviously, in 2008, the recession was driven by a mortgage crises crash which is not what we are seeing today. If we look at the four of the five recessions prior to that, home values actually went up, and the only time they didn’t, they went down by less than two percent. If you are a buyer working with my team waiting for prices to come down, that will likely not happen. These six entities, the Home Price Expectations Survey, the Mortgage Bankers Association, Zelman and Associates, Freddie Mac, the National Association of Realtors, and Fannie Mae, are still looking at some at appreciation 2-4 years out. Please leave your thoughts & comments below! That's all for today. If you made it this far, I owe you a beer!
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Agents Pitch Concierge [Real Takk Podcast]
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Benefits of Home Ownership Part II [Takk TV]
This week Danielle covers the negative monetary impacts of being a renter & the benefits of building your wealth by owning real estate! Please follow us on our social channels!
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CEO & Founder of Contactually Talks About Story Leading into Developing Company [Real Takk Podcast]
A sit down with the CEO & Founder of Contactually, a top national CRM that Compass acquired in 2019. Zvi founded Contactually back in 2011. An engineer and a CEO, he has taken Contactually from idea to a fast-moving startup that now powers over 208 million relationships. Listen in on his story leading into developing his company, the acquisition from Compass, and what his future outlook of his team will be moving forward.
Listen to Episode 4: Interview with Contactually Founder Zvi Band from Real Takk Podcast in Podcasts: Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/episode/4fui... Podbean: https://www.podbean.com/eu/pb-auctt-c...
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Benefits of Home Ownership - A Forced Savings Plan [Takk TV]
Episode 5 Featuring our very own Danielle Stout! This week she covers the basics of homeownership 101. Why should you own? Find out what the biggest mistake millennials are doing that's stopping them from true wealth creation.
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Top Real Estate Professional Business Lessons Compass Denver Colorado [Real Takk Podcast]
New pod episode with Compass Denver Colorado founder Jessica Northop is OUT! Watch the shortened video clip here, and listen to the full podcast on Spotify or Podbean!
Who is Jessica Northop? She started her career at the age of 18 (before fax machines!) & built her real estate company from the ground up. Loved her quote 13 minutes in. "You gotta go through baptism by fire!". To become successful in this business, you must learn through your own mistakes. So much fun listening to her & full of content for those interested in getting in the minds of a top real estate professional who sells 75+ homes a year. Please like & comment if you care to do so!
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3 Tips To Get Apartments Finally Sold & Re-strategizing Your Expired Listing [Takk TV]
Thank you for watching. Here, I discuss with you how we can re-strategize your expired listing so that it finally sells!
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How the New NY Rental Laws Affect YOU [Takk TV]
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Let’s check out the listing video for 45 Tudor City Place 2002!
New listing video for 25 Tudor City Place 222 is here!
Will the Housing Market be the Trigger for the Next Recession? [Takk TV]
Will the Housing Market Be the Trigger for the Next Recession? The same experts who forecasted a recession happening within the next 18 months also claimed that the housing market will not be the trigger, and home values will still continue to appreciate.
When asked what would trigger the next recession, the three most common responses by those surveyed were:
1. Shift in the global trade policy
2. A stock market correction
3. A geopolitical crisis
A housing slowdown ranked #9 on the list of potential triggers for the next recession, behind such possibilities as fiscal policy and political gridlock.
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Defining What the Economic Slowdown Is [Takk TV]
WILL THIS RECESSION REPLICATE 2008 or 2001?
Define economic slowdown: In the last five recessions: out of 5, only two had an actual impact on the housing prices. Those two years were 2001 and 2008. What triggered those recessions were two things: in 2001, Inflation had reached its peak at 13.5% and the Federal Reserve raised interest rates which slowed money supply growth, which then slowed the economy and caused unemployment to rise.
The recession in 08 as we all may be aware were caused by Banks selling too many subprime loans. when home prices started falling in 2007, it signaled the onset of the subprime real estate crisis.
This recession is not going to duplicate 2008. It will replicate the 2001 recession. The 2001 recession, the stock market fell almost 25%, but the housing prices went up 6.6%, almost double the historic norms! It’s important to distinguish between the words recession today, vs the recession in 2001. In the Last 5 recessions since 1980, prices went up 6.1%, 1981, 3.5% in 1991, -1.9% in 2001, and -19% in 08
What’s the summary here? When markets get crazy, people pull out money and get into real estate.
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New Compass homepage is here!
A quick video explaining the benefits of brokers attending the Compass Retreat. Questions covered are:
1. How many REtreats have you attended and why did you attend?
2. Are REtreats important to your business?
3. Have you made a referral as a result of a REtreat?
4. In your opinion are REtreats worth the $1,000 ticket price? If so, why?
5. What is your favorite thing about Compass REtreats?
Let’s check out Compass 2019 first quarterly wrap-up!
Compass Colorado - Hey there, Colorado! Since we opened in Aspen in 2016 and Telluride in 2018, we've loved exploring the Centennial State. We're proud to take our mission on the move as we launch Compass Denver and Boulder.
Compass Year In Review 2018 - A landmark year at Compass, 2018 saw the #agentsofcompass grow from coast to coast, united by an entrepreneurial spirit and a dedication to our mission: to help everyone find their place in the world. Thank you to my family, friends, colleagues, and especially the #clientsofcompass – we can’t wait to dream even bigger with you in 2019.
Ask Me Compass Concierge - Are you looking to sell your home – but hesitant about how much it will cost to get it ready for market? That’s where CompassConcierge comes in! We’ll cover the upfront charge of cosmetic improvements so all you #clientsofcompass can focus on your next chapter.
Compass Seattle Campus - I’m excited to announce that Compass is opening a new Product and Engineering hub in Seattle! We’re hiring hundreds of product, engineering, and AI talent to build real estate's first-ever end-to-end platform.
Compass Houston Open House - Whether you’re stopping by the iconic ‘Open House’ exhibit downtown or attending a Compass open house, there’s so much to do in our newest city – Houston.
Amazon HQ2 - Have you heard? Amazon has found their newest places on the East Coast in Arlington and Long Island City.
CEO Robert Reffkin's Vision for Real Estate's Future
What’s connected, intelligent, and illuminating? The real estate sign, reimagined. Today at Inman Connect in San Francisco, our Chief Creative Officer Matt Spangler will reveal how we're continuing to rethink every aspect of the agent and client experience through this innovative release. Available for pre-order on July 30, you can sign up for exclusive product news and updates at sign.compass.com.
At a company REtreat in Washington DC, our Founder & CEO Robert Reffkin announced the Compass Principles of Entrepreneurship, eight values that will drive Compass' vision – achieving 20 percent market share in the top 20 US markets by 2020 – and unify our growing community.
