In this episode of Talking Manhattan, Noah Rosenblatt and John Walkup of UrbanDigs sit down with Kane Manera, a top producer at Corcoran, to discuss the current state of the New York City real estate market. With over a decade of experience, Kane shares his insights into market trends, the dynamics of high-end and new development properties, and the unique challenges and opportunities present in today’s environment. Kane talks about the intricacies of the rental market, the importance of strategic pricing, and the critical role of relationships. Good stuff inside for both seasoned pros and new agents looking for insights about the current market.

Highlights:

00:57 - Current state of the NYC real estate market

01:40 - Rental market trends and their impact on sales

03:35 - Cash-rich buyers and the luxury market

05:30 - NYC vs the world

08:45 - Shifts in buyer preferences

12:45 - The importance of pricing

15:10 - The significance of understanding personal circumstances

17:35 - Strategies for sellers

21:00 - Negotiating prices and creating urgency

24:00 - Brokers as trusted advisors

25:55 - The benefits of building brokerage community relationships

Kane's Page at Corcoran:

https://www.corcoran.com/real-estate-agents/detail/kane-manera/17174/regionId/1

Connect with Kane on LinkedIn:

https://www.linkedin.com/in/kane-manera-4078a289/

Follow Kane on Instagram:

https://www.instagram.com/kanemanera

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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/