The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

What Is an Open Listing in Real Estate? (2025)

Real estate never ceases to amaze people with the sheer number of different terms they have as part of their day-to-day occurrences. One of the standard terms you might hear is an “open listing” agreement in New York real estate… Read More

Should You Add a COVID-19 Clause to a Real Estate Contract?

When the world saw COVID-19 first take hold in China, no one ever expected life to change drastically. 2020 marked one of the most uniquely terrible years in world history. The pandemic shut down the majority of businesses. Also, it… Read More

How Often Do Co-op Maintenance increase in NYC?

It’s no secret. Co-ops have a particular reputation among New Yorkers. They are known for being exclusive; people consider them a status symbol if you choose the right community. However, the price can be a drawback. While they may be… Read More

Memorandum of Agreement or “deal sheet” in NYC Real Estate

If you are looking into how a real estate transaction works, you’ve seen just how much paperwork it involves. It seems like there’s just document after document, and keeping track is hard. To help you out, we’ve compiled a comprehensive review… Read More

Is It a Good Idea to Refinance Your Mortgage? (2023)

Since the pandemic, mortgage rates have hit a record low. In 2020, a 30-year fixed mortgage rate was 3.86%, and now it has fallen to 2.96%, according to Bankrate. Many homeowners seek solutions to multiple debts and often turn to refinancing… Read More

The Top 10 building amenities That Buyers Care About in NYC

Are building amenities vital for you? Can you give examples of amenities in apartments? If you’re a discerning home buyer looking for luxury real estate in New York City and its five boroughs, what do you look for in a… Read More

Why Do NYC Real Estate Agents Not Give Commission Rebates

In most cases, NYC real estate agents do not give commission rebates. Their New York and Westchester brokerages have convinced them it’s not worth working with rebate customers. Also, their firm would not approve any rebate. The average salary of… Read More

2022 Guide Reverse Mortgage in New York City

A reverse mortgage may be just right for you if you need money to live comfortably after retirement or are approaching retirement. How does a reverse mortgage work? Where to find a reverse mortgage calculator? This instrument can be the… Read More

The UCC Financing Statement for a Coop in NYC

Are you considering buying a co-op in NYC? Make sure you’re ready to file a UCC-1 financing statement. In this article, we’ll explain what a co-op UCC Financing Statement is. We will describe what it looks like and why banks… Read More

What is a Contingent Offer on a property in NYC real estate?

When planning to purchase an apartment or home in NYC, you will hear about contingencies from your broker and your real estate attorney. A contingent offer on the house is an offer where the buyer discloses potential contract contingencies in… Read More

12 Creative Ways to Renovate a NYC Rental

Renting an apartment in NYC has a lot of perks. Renting offers flexibility, cost savings, and a low-maintenance lifestyle compared to buying a home. However, there’s one significant drawback to renting vs. buying. It’s tough to personalize a rental. To… Read More

What is MLS of Manhattan in NYC?

When buying and selling a home, what is Manhattan MLS in real estate markets? What is an MLS listing NY or an MLS number? Where can I search to buy a home in Hudson Yards? How do I list my… Read More

Can a Realtor in NYC Lie About Multiple Offers?

Are you looking for a property to purchase in NYC? Then you probably hope the real estate agent selling the property communicates honestly and fairly. But they can also try to do things to help drive the price up or to… Read More

What Is A Conventional Mortgage Loan in 2025?

Government programs do not directly insure conventional mortgage loans. Typically, these loans conform to specific requirements set by Fannie Mae or Freddie Mac. These government-sponsored enterprises purchase mortgages from lenders and sell them to investors, freeing up funds for lenders… Read More

Buying Your First Vacation Rental Investment – 2023

Are you interested in expanding your financial portfolio and building your nest egg by getting into real estate? Invest in real estate. Purchasing a vacation rental investment property is an intelligent strategy. Therefore, if you choose a booming market, you… Read More