Broker-blogger Malcolm Carter chucks “lackluster” real estate career for Cambodia

TRD New York /
Nov.November 14, 2013 03:00 PM

Real estate broker and prolific blogger Malcolm Carter is getting out of Gotham. Formerly a broker at Charles Rutenberg Realty, Carter said he is fed up with a real estate market where, as he put it, agents only “open and close doors.”

Carter, who has made something of a name for himself with a personal blog that details auctions and other real estate news, said his business “never reached the heights that I had achieved in D.C., Maryland and Virginia,” he wrote in a Brick Underground blog post. “Moreover, the practice of real estate here left me yearning for the level of involvement that it requires in the Washington area, where agents and brokers complete contracts themselves, without a lawyer’s participation.”Malcolm first left Manhattan in 1995; he returned in 2006 after working as a broker in the Washington, D.C., area. As a New York broker he was only able to counsel buyers or analyze the market to a limited extent, he wrote.

Next up, Carter said, is relocation to Phnom Penh, Cambodia, where he says he plans to embrace retirement or semi-retirement. [BrickUnderground]Julie Strickland

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

From left: Sam Chang, 52 William Street and New York Hotel & Motel Trades Council's Peter Ward (Credit: Google Maps)

Multi-million-dollar suit against Sam Chang tied to hotel union drama

15 East 90th Street (Credit: Google Maps)

Lonely townhouse finds a match after years on market

From left: Jeff Cohn and Gary Keller

Gary Keller walks into Berkshire Hathaway’s back yard and takes its top team

RedSky’s Ben Bernstein and 182 Flatbush Ave (Credit: Google Maps)

RedSky sells building across from Barclays Center as partner liquidates holdings

Toll Brothers CEO Doug Yearley and 77 Charlton (Credit: iStock)

Toll’s profits plunge 20% amid housing slowdown