In this episode of Talking Manhattan, Noah Rosenblatt, and John Walkup sit down with top, top, top Elliman broker Ann Cutbill Lenane to discuss the current New York City real estate market. Ann explains how the market is experiencing low transaction volume, particularly due to pricing challenges and the complexities of pre-war apartments that need renovations. She emphasizes the importance of accurate pricing and the value of experienced brokers who can guide sellers through pricing adjustments. Ann also covers changing industry norms and how brokers must adapt and go above and beyond to stay relevant. Finally, Ann dishes out advice for new agents, stressing the importance of working with seasoned professionals and always providing exceptional service. Annie gets it done!

Highlights:

00:45 - State of the Market

01:50 - Impact of Renovation Costs

02:40 - Pricing Challenges

05:00 - Broker Experience and Knowledge

08:00 - Adapting to Change

10:00 - Importance of Service

14:10 - Advice for New Agents

17:00 - Mental Challenges in a Tough Market

Ann's home page:

https://anniegetsitdone.com/

Ann's page at Elliman

https://anncutbilllenane.elliman.com/

Connect with Ann on LinkedIn:

https://www.linkedin.com/in/ann-cutbill-lenane/

Follow Ann on Instagram:

https://www.instagram.com/anncutbilllenane/

** Need a price cut? Want to wow a seller? Use UrbanDigs Advisor! **

Our customized pricing service closes deals faster and makes you look like a hero. Plus, subscribers get a big discount, so the ROI is literally OFF. THE. CHART. Email [email protected] and let us know what you need!

https://www.urbandigs.com/advisor/

Got questions? We got answers! Visit our forum:

https://www.urbandigs.com/forum/index.php?forums/main-forum.2/

Track the New York City real estate market with real-time data and charts:

https://www.urbandigs.com/

Link to our overview of Manhattan or Brooklyn real estate stats:

https://www.urbandigs.com/marketwide-charts/

For more Manhattan and Brooklyn real estate conversations:

http://www.talkingmanhattan.com/