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New York: Real-estate listing opens to public |
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Wednesday, 08 November 2006 |
NEW YORK - The New York Real Estate Board, consisting of the biggest broker members like Prudential Douglas Elliman and Corcoran Group, opens real asset listings to buyers in 2007 concluding distinctiveness in the most luxurious urban market in the U.S.
Steven Spinola, the group’s president, said that a certain Rebny organization will open to the public by March 2007 the viewing of its database listings that includes 10,000 to 12,000 properties for sale, and 2,000 to 3,000 units for rent. Spinola held that New York market is more complicated than anywhere else. He added that their market deals with the shared owned apartment units whose sellers seek to evade public disclosure.
The gateway to the database listing initiated by Rebny yielded to six years of battle to hold back public access to information on New York properties. Spinola Corcoran and Prudential Douglas Elliman, two of the biggest New York residential brokerages post their listings on the database which is now accessible only by member agents.
Manhattan brokerages unlike in the rest of the U.S., faltered in some unproductive efforts to generate shared system.
The confrontation in terms of making New York listings service started in August 2004, when Douglas Elliman and Concoran held their plans for a database in the wide city of New York and encouraged other real estate business to join. Two months following the announcement of the citywide database, the now defunct Brown Harris Estevens and Sotheby International Realty operated a separate website – www.nymls.com. The Manhattan Association of Realtors five years ago procured a multiple service listing when it was ignored by some largest brokerages.
Jenny Juliano
Real Estate News |
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