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.

What is an Aztech Recognition Agreement?

If you bought a coop in New York City with a mortgage, you have heard of the Aztech Recognition Agreement. People also call it “Aztec form”. The buyer who applies for a co-op apartment with a mortgage has to produce… Read More

Buy a House for Sale by Owner (FSBO) in New York in 2025

In a nutshell, homes “For Sale By Owner” in New York (FSBO in real estate terms) mean homeowners sell their properties directly. Owners are not using listing agents to sell their homes, and sellers are motivated to sell their houses… Read More

What Is Conditional Coop Approval In NYC?

Well, you’ve done it. After you hunted for a fantastic co-op in New York City, put together an application, and got your finances in order, you got approved. Well, kind of. According to the paperwork and the news your excited… Read More

What Is a Sponsor Unit? What You Need to Know

Did you know that the starting price of renting a condo in New York City is over $3,400 per month? It is no secret that New York City is one of the world’s most expensive real estate markets. Some people… Read More

Impact of 2024 NAR Settlement on NYC Real Estate Commissions

The recent NAR settlement impact does not prevent NYC sellers from paying a commission to buyer agents, which means immediate, widespread changes to the brokerage commission structure in NYC are unlikely. Since the implementation of the NAR settlement on 8/17/24, operations… Read More

What is a NY Disclosure Form?

In the real estate market, we talk about the real estate NY Disclosure Form, also known as the New York State Disclosure Form for Buyer and Seller. This document is an agency disclosure form that brokers and agents must give… Read More