A look at the top 10 factors sabotaging sales and how brokers are combating them
From the August issue: Brokers these days have coined a term for a lawyer — or anyone else — who ruins a perfectly good real estate transaction: “Deal Killer.”
Despite the recent pickup in sales activity, the lingering recession and tough lending climate continue to kick up obstacles for both buyers and sellers — from obscure zoning problems to 11th-hour mortgage glitches.
This month, The Real Deal looked at these and other “Deal Killers” in the marketplace, examining the obstacles most likely to sabotage otherwise on-track transactions. Below is our list of the top 10 Deal Killers currently plaguing sales in New York, and a look at how real estate professionals are fighting back. [more]
