Prevu Insights

Prevu Insights

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Despite having to pay sky high prices for apartments in NYC, some buyers may not realize that there are additional closings costs they haven’t considered. The extra costs can really add up, especially for condos.
August 06, 2018
Imagine buying your dream apartment in New York City. You worked hard to save up for it, you search online and are assisted by an expert real estate broker to find the perfect place, you complete your purchase, then - SURPRISE - you get a large commission rebate check.
July 30, 2018
While it only used to be submitted for co-ops in NYC, this financial disclosure form has become a de facto document accompanying all offers for properties listed in the Real Estate Board of New York's Residential Listing Service (RLS).
January 08, 2018

Recent Articles

Trying to decide if you should sell your NYC apartment or rent it out? Ask yourself these helpful questions to make an informed decision.
August 10, 2018
We all wish we had an unlimited budget when buying a NYC apartment. Unfortunately, very few of us have endless resources to be able to afford any sale price.
August 09, 2018
NYC co-op sublet policies vary from building to building. Learn the right questions to ask so you can decide on the right co-op for you.
August 08, 2018
When you decide you want to begin your search for a NYC apartment, it’s important to understand what type of apartment buyer you are in order to succeed.
July 24, 2018
When you make an offer to buy an apartment in NYC, there is no guarantee that the offer will be accepted. Here are expert tips to increase your chance of success.
July 06, 2018
In addition to financial documentation, you will need to submit reference letters as part of your co-op board application. See what letters you'll need.
June 21, 2018
The last step before the closing table is a final walk-through of your NYC apartment. Be prepared with Prevu's final walk-through checklist.
June 19, 2018
Before you get too excited about your NYC apartment search, it’s important that you get a mortgage pre-approval first if you want to act quickly when you find the one!
June 19, 2018
Buying in a new development in NYC raises unique questions compared to other NYC condo purchases. Learn tips from a local expert.
May 25, 2018
Prevu’s Smart Buyer™ commission rebate has grown in popularity in NYC, and based on overwhelming demand has launched its commission rebates in Westchester County.
May 03, 2018
You’ve had your fun in city with many fond memories you’ll cherish forever, but you’ve decided it’s time to move to the NYC suburbs.
April 17, 2018
A personal letter included with your offer to buy a NYC apartment helps support an otherwise strong price or REBNY financial statement.
April 13, 2018
Thinking about buying a co-op in NYC? Check out the answers to the most common questions New Yorkers have about purchasing a co-op in NYC.
April 06, 2018
Getting more serious about buying an apartment in NYC? Here are a few helpful tips for attending open houses & showings in NYC.
April 04, 2018
Seller closings costs in NYC are very high, but they don't have to be. Learn how you can save when selling your apartment.
March 20, 2018
Use this free, interactive template to easily complete and save your REBNY Financial Statement.
March 20, 2018
If you are buying in a new development or a conversion, watch out - closing costs can be significantly higher than buying other apartments in NYC. Learn what you can expect to pay during your new development purchase.
March 08, 2018
Curious if you can get a better price if you pay all cash for your apartment in NYC ? Learn how you can get a better price and get cash back with a commission rebate.
March 06, 2018
If you are looking to buy a co-op in NYC, you are probably going to get a lot more for your money than if you were buying a condo. That said, you will also likely need more money in your bank account after you close.
March 06, 2018
Ready to buy an apartment in NYC but need a little help from family? Learn what you'll need to document that generosity with a gift letter.
March 05, 2018
The moment has arrived and you’ve decided to put your days of renting in the past! No more cancelled rent checks, no more lectures from your parents to get your act together, and no more FOMO watching your friends buy their own places.
February 13, 2018
The mortgage recording tax is one of the largest potential closing costs NYC homebuyers pay when buying with a mortgage. Learn if it will apply to your purchase.
February 12, 2018
When you are buying an apartment or home in NYC, it is not only recommended to hire a real estate attorney to advise you during the transaction, it is also important to fully understand what you will pay in real estate attorney fees.
February 10, 2018
Whether you are diligently researching the potential closings costs you will pay in NYC or simply familiarizing yourself with terms mentioned by your real estate attorney, one of the fees you are likely to encounter is title insurance.
February 09, 2018
Have you submitted an offer to buy a condo or co-op in NYC and discovered that you are in competition with other buyers? You will likely be asked to submit a “best and final” offer.
February 08, 2018
Search your customized property feed, make an offer with an expert agent, and receive NYC's largest commission rebate with these easy steps.
January 29, 2018
Buyer rebates in NYC save homebuyers money. Hear Prevu's mission in a recent discussion on the Real Estate Is Your Business podcast.
January 18, 2018
The NYC mansion tax is a real estate transfer tax imposed on property purchase of $1 million or greater and is one of the largest potential closing costs in NYC.
January 16, 2018
Fearful of engaging in a bidding war for a condo or co-op in NYC? Here are 5 tips that will give you an advantage in an NYC bidding war.
January 12, 2018
If a property in NYC is priced well, it sells and sells quickly. Serious buyers should be prepared to make an offer when they start looking to purchase a condo or co-op.
January 09, 2018
Meet Fraser Patterson - CEO of Bolster - who is focused on changing the NYC home renovation experience forever with the combination of technology & transparency to provide guaranteed pricing for home renovation projects.
December 22, 2017
The amount of closet space an apartment offers can be an attractive feature for homebuyers and renters when evaluating an apartment in NYC, but what are the tips and tricks to maximize the closet space you ultimately have in your apartment?
December 19, 2017
Real estate has been one of the later adopters of technology, but there is a burgeoning movement of motivated innovators that are re-thinking how different areas of real estate should change for the better.
December 14, 2017
New venture capital firms, like Fifth Wall Ventures, have begun a dedicated approach to investing in real estate technology startups that are transforming what they refer to as the "Built World".
December 06, 2017
The rise of tech-enabled real estate companies is providing homeowners and homebuyers with new approaches to residential brokerage.
November 30, 2017
The mortgage process can seem overwhelming, but it shouldn't be this way! Luckily, there are innovators like Better Mortgage who are creating solutions to make the process simpler, faster, and more transparent.
November 29, 2017
Thomas Kutzman, Co-Founder of Prevu, will co-host "Real Estate Is Your Business" podcast focused on how technology Is transforming the real estate industry.
November 29, 2017
Buying an apartment in New York City is expensive. When it comes time to select a real estate agent to help you with your purchase, what if you had the option of selecting an agent that gave you cash back?
September 29, 2017
Prevu launches end-to-end platform for homebuyers in New York City - enhancing its industry-leading Smart Buyer™ commission rebate service. Get more when you buy with Prevu.
September 27, 2017
One of the most common questions Prevu receives from homebuyers is “How is Prevu different from traditional real estate brokers in New York City?” The answer is simple. Prevu is on a mission to save you money when you buy an apartment in NYC.
August 15, 2017
Traditional brokers no longer hold the keys to the real estate castle. 98% of homebuyers search online when looking for a home and it is increasingly difficult for brokers to justify the high fees they are charging homeowners to sell their homes.
May 17, 2017