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Buildings are withholding listings to prevent price drop.
Conversation Starter
I’m still in the industry, but do not do resi leasing
Have noticed street easy doesn't have great coverage anymore. Try adding apartments.com and also the actual building website / Google the building and check out realtor pages to get a more fulsome view of what's really out there
Right? Think someone else said it already, but I heard it's because street easy increased their prices so they lost a bunch of market share
Think they refresh listings at the start of every month also
Guessing this is the case
Pro
Could also be because end of month next wave of units will not firdt of month
Pro
Will hit first of month*
Streeteasy just made it very expensive for brokers to list their listings too
Conversation Starter
“Very expensive” is relative.
Is it more than it was last summer, yes. Is it more than it was two summers ago, no.
It is $4.50 a day (a 50% increase from the temporary Covid pricing Streeteasy offered of $3), or $135 to list for a 30 day month. They claim it is designed to keep the system updated with good listings instead of the brokers who just sit there and use old listings to bait and switch you. Personally, if a broker is good and has a good product that is priced right, I believe it should move in a month. At $2,500, that would mean they spent ~5% of their commission on listing on Streeteasy.
Conversation Starter
Places getting snatched up. Now is a common time / seasonal high to move (college kids).
I understand prices goin up for sure. Surprised by how few apts are available is all
I paid an extra month for June back in mid-May to secure my place now
It’s not all about cost right? There are less inventory now thus less choices