In this episode of Talking Manhattan, Noah and John sit down with Shaun Osher, powerhouse founder of CORE Real Estate (#1 Agent in NYC: The Thousand List: WSJ / Real Trends 2023), about the state of New York City’s housing market and the evolving landscape for brokers and developers. Shaun provides a positive outlook on NYC’s resilience compared to other markets, noting strength in both luxury and mid-level properties despite sticky rates. He highlights challenges developers face due to high costs and limited financing, which restricts new housing supply. Shaun also stresses the value of local expertise, emphasizing that agents succeed by focusing on client needs rather than self-promotion. Like other tiptop producers, Shaun's recommendation for new agents includes mentorship, niche specialization, and the power of saying "no". Woww! (the extra w is for extra wow!)

Highlights:

01:05 – NYC Market Resilience & Client Management During Volatility

02:50 – Luxury Market Trends

04:00 – The Secret Behind Unsold Inventory:

05:15 – Shifting Buyer Preferences & Challenges for Developers

07:45 – Housing Crisis Solutions

09:15 – Residential Conversion Challenges

11:00 – Foreign Investment

12:15 – Value of Local Expertise & Client-Centered Practices

17:20 – Advice for New Agents

19:25 – Knowing When to Say No.

Shaun's page at CORE:

https://corenyc.com/agent/shaun-osher/

Connect with Shaun on LinkedIn:

https://www.linkedin.com/in/shaunosher/

Follow Shaun's blog, Padkos:

https://www.padkosblog.com/

Follow Shaun on Instagram:

https://www.instagram.com/shaunosher

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