A house is worth more in New Jersey than in New England.
A home is valued at more in Minnesota than in California.
A house in New Orleans is worth much more in California than in Florida.
But the numbers don’t tell the whole story, according to the real estate agent at the heart of the New York real estate market.
The New York market is built on a foundation of trust.
And trust is what has made New York a leader in housing finance, says David L. Garant, an attorney and managing partner of Garant & Associates.
Garant says New York’s trust system has given the state a leg up on other states when it comes to home-buying.
But the trust system is also a liability, because trust can be abused, and it’s easy for fraudsters to abuse it.
Gantas team is trying to make sure New Yorkers have the most up-to-date information about their property values and properties, he says.
In a nutshell, we’re working with brokers to keep a record of the value of each property and to verify that there’s no fraud.
“Real estate agents often offer people the opportunity to make a financial commitment to a home.
They’re also one of the few professional services companies that can offer people a way to make money if they decide to buy.
In the past few years, Garant’s company has been working with some of the best real estate brokers in the country to build trust with prospective buyers, says Michael Lipp, the executive director of the Real Estate Association of New York City.
They’ve been educating brokers about the process of selling and how to negotiate with potential buyers and sellers.”
The goal is to make them feel comfortable with what the real house is really like, because it’s not a one-size-fits-all experience,” says Lipp.”
What they need to know is that it’s a long process, and that it takes a long time to build a good property,” says Garant.
And as the trust process continues, so does the scrutiny that comes with the process.
Lipp says the trust has been a constant source of concern to him and his team.”
When you look at our portfolio, you see, it’s the most trust-oriented real estate portfolio in the world, he adds.”
The public’s never had an opportunity to see how we’re building our trust.”
When you look at our portfolio, you see, it’s the most trust-oriented real estate portfolio in the world, he adds.
But Garant says the scrutiny is a necessary part of the process for many people to buy or sell a home in New Yorkers’ neighborhoods.
“We have a great, solid history with people,” he says, “and we want to continue that tradition.”