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Analysis of Multiple Transactions

 
DID YOU KNOW?

An analysis of multiple transactions involving iBuyers shows that their offers would net their customers, on average, 11% less than owners who choose to sell their homes on the open market, when fees and other costs are considered, translating to tens of thousands of dollars lost. (MARKETWATCH)

DID YOU KNOW?

Compass now has an office in Rye Brook, a true gem of a neighborhood in the Westchester area just 40 minutes north of Manhattan by train....and a designated Tree City Town.

  • Rye Brook is a warm and inviting town around 3.5 square miles in size with just around 10,000 people.
  • The public school feels like a private school and is one of the area's big draws. 
  • The residents of the unincorporated area voted on June 23, 1982 to create the Village of Rye Brook. It was the first village created in New York State in 54 years. 
  • Sandwiched between Greenwich, CT & Rye it provides exceptional shopping & dining options in Rye Ridge Plaza, on Greenwich Avenue in Greenwich & on Purchase Street in Rye. 
  •  Rye Brook exudes a laid back vibe. The town itself has 2 fantastic parks, great sports fields, close by beaches, a famed downtown concert hall, and beautiful golf, pool and tennis clubs. 
Thanks Kori Sassower for these insights whose team has 18 listings in the area! Here is one of them.

DID YOU KNOW?

The majority of consumers think it's much harder to qualify for a home loan than it actually is, according to a recent Fannie Mae survey of more than 3,000 people. Respondents thought they needed much higher credit scores and bigger down payments than necessary. They also didn’t know much about the minimum debt levels lenders require. 14% thought their FICO score needed to be higher than 680, and 32% thought it needed to be higher than 620. The minimum FICO score is actually 550. Both current homeowners and renters were equally uninformed. (CNBC)

DID YOU KNOW?

We have our 8th official Compass 'Tech Talk' posted to Learning @ Compass! This relatable story is from DC Agent and top searcher, Andre Perez, where he shares how learning to maximize Search is a lot like learning to ride a bike - it's really easy once you get the hang of it, and the payoff is that you'll get much farther with less energy when you commit to learning.



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