On July 14, 2018 a
Exhibit,Appendix
was filed
involving a dispute between
Ellyn Berk,
Pamela Goldstein,
Paul Benjamin,
Tony Berk,
and
Houlihan Lawrence Inc.,
for Commercial Division
in the District Court of Westchester County.
Preview
FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018
EXHIBIT 57D
FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018
9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV
TOUR HGTV URBAN OASIS 2018 STYLISH SMALL SPACES CREATIVE PAINT PROJECTS OUR FAVORITE MAKERS FULL EPISODES
Home Design Real Estate
Learn the Pros and Cons of a
Buyer's Agent
A buyer's agent protects the buyer's interests during the crucial negotiating and closing
process.
MORE REAL ESTATE ON ZILLOW d Zillow
Jupiterimages On TV
By: Tammy Stoner
Property Brothers
Related To: Real Estate Nine out of 10 homebuyers use a real estate agent in the search
H
process, the National Association of Realtors estimates. While some buyers may
complain about their experiences with aggressive listing agents, they should not be
Up Next Property Brothers
confused with buyer's agents.
2pm | 1c
Both agents can set up house tours, but unlike the listing agent who represents the On Tonight Property Brothers
seller, a buyer's agent protects the buyer's interests the crucial and 8pm I 7c
during negotiating
closing process. The agent bargains with the seller on the selling price, facilitates the
home inspection, negotiates contingencies and assists the buyer through the closing
paperwark. Shopping without a buyer's agent is a littlelike grilling tenderloin without a SEE FULL SCHEDULE
meat thermometer; you might not know there's a problem until you're sitting at the table.
HGTV in Your Inbox
Exclusive vs. Dual Sign up forthe HGTV InspirationNewsletterPrivacy Policy
https://www.hgtv.com/design/real-estate/learn-the-pros-and-cons-of-a-buyers-agent 1/3
FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018
9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV
An agent can be both a listing agent and a buyer's agent. But during the past 15 years,
EnW emaH ahss • •
many agents have started specializing, dividing themselves more clearly into one of
agent,"
these two camps. This has given rise to the "exclusive buyer's who doesn't list
properties at all. This agent solely represents you and avoids potential conflicts of
interest with sellers. Watch Live TV
- f .
Don't miss your favorite
shows. Live stream HGTV
You can, of course, choose an agent who represents both sellers and buyers. But now.
agent"
proceed with caution ifyour "dual shows you a house he or she is listing for a
seller. The agent will need to balance your interests with the seller's, whereas an
Follow Us Everywhere
exclusive agent would only be concerned about you. A dual agent may knock a few
Join theparty!Don't miss HGTV in yourfavoritesocial
percentage points off the house price to get the deal but itmight cost you media feeds.
done, loyalty
and protection.
wer
Facebook
Pinterest
Who Pays?
Instagram
"con"
So what's the of going with a "pro"? Money. You may have heard that the seller
pays the buyer's agent commission (commonly 2.25 percent to 3.5 percent), but the fact
is that the commission is often wrapped into the house price. In other words, sellers
factor in the cost of commissions when they price their homes. Typically, the listing agent
and the buyer's agent split the commission from the transaction.
pays,"
"The funds come off the seller's side, creating the illusion that the seller says Jay
Reifert of the Excel Exclusive Buyer's Agency in Madison, Wis. "But you are the only one
table."
bringing money to the closing
How to Find One
Ifyou decide to use a buyer's agent, ask your friends and family for recommêiidations.
Remember, real estate agents make their living on their reputations!
Ifyou are new to the area or don't have any referrals, turn to your constant, glowing
friend: the Internet. You can read an agent's philosophy plus a listof local and
professional affiliations on the agent's website. E-mail a few. Set up a meeting with any
you like.
At the meeting come prepared with these questions:
Do you live in the area? Ifso, for how long? You want an agent who is quite familiar
"insider"
with the area. Ideally, you want someone with knowledge of commercial
trends, local schools and development plans.
How many people have you (not your firm) helped buy a home in the past three years?
Can you refer me to several mortgage brokers? Recommending ethical mortgage
brokers, especially after the recent mortgage crisis, is critical.
Do you prefer vanilla or chocolate? See how they respond to curveballs. A sense of
humor is a great asset during stressful situations!
Once you find the agent you like, you may be asked to sign a Buyer's Broker Agreement
committing you to a set amount of time with your agent (usually 3 to 6 months). As with
all paperwork, read the fine print. Make sure that ifyou become dissatisfied, you can
break the agreement without notice and/or opt-out penalty.
Whether you decide to go italone or go with a pro, don't forget to value your instincts
when hunting for your first house. After all, your buyer's agent isn't going to live there,
you are.
https://www.hgtv.com/design/real-estate/learn-the-pros-and-cons-of-a-buyers-agent 2/3
FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018
9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV
Projects That May increase Your Home's Value
Discover Personal Loans®
See the top remodel rooms and projects to get the
most of your renovation.
Click Here
.h9ty OOm/design/real-esta tellearn-th OS-and-cons-of-a-bu yers-agent 3/3
Document Filed Date
October 01, 2018
Case Filing Date
July 14, 2018
Category
Commercial Division
For full print and download access, please subscribe at https://www.trellis.law/.
Preview
FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018 NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018 EXHIBIT 57D FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018 NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018 9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV TOUR HGTV URBAN OASIS 2018 STYLISH SMALL SPACES CREATIVE PAINT PROJECTS OUR FAVORITE MAKERS FULL EPISODES Home Design Real Estate Learn the Pros and Cons of a Buyer's Agent A buyer's agent protects the buyer's interests during the crucial negotiating and closing process. MORE REAL ESTATE ON ZILLOW d Zillow Jupiterimages On TV By: Tammy Stoner Property Brothers Related To: Real Estate Nine out of 10 homebuyers use a real estate agent in the search H process, the National Association of Realtors estimates. While some buyers may complain about their experiences with aggressive listing agents, they should not be Up Next Property Brothers confused with buyer's agents. 2pm | 1c Both agents can set up house tours, but unlike the listing agent who represents the On Tonight Property Brothers seller, a buyer's agent protects the buyer's interests the crucial and 8pm I 7c during negotiating closing process. The agent bargains with the seller on the selling price, facilitates the home inspection, negotiates contingencies and assists the buyer through the closing paperwark. Shopping without a buyer's agent is a littlelike grilling tenderloin without a SEE FULL SCHEDULE meat thermometer; you might not know there's a problem until you're sitting at the table. HGTV in Your Inbox Exclusive vs. Dual Sign up forthe HGTV InspirationNewsletterPrivacy Policy https://www.hgtv.com/design/real-estate/learn-the-pros-and-cons-of-a-buyers-agent 1/3 FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018 NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018 9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV An agent can be both a listing agent and a buyer's agent. But during the past 15 years, EnW emaH ahss • • many agents have started specializing, dividing themselves more clearly into one of agent," these two camps. This has given rise to the "exclusive buyer's who doesn't list properties at all. This agent solely represents you and avoids potential conflicts of interest with sellers. Watch Live TV - f . Don't miss your favorite shows. Live stream HGTV You can, of course, choose an agent who represents both sellers and buyers. But now. agent" proceed with caution ifyour "dual shows you a house he or she is listing for a seller. The agent will need to balance your interests with the seller's, whereas an Follow Us Everywhere exclusive agent would only be concerned about you. A dual agent may knock a few Join theparty!Don't miss HGTV in yourfavoritesocial percentage points off the house price to get the deal but itmight cost you media feeds. done, loyalty and protection. wer Facebook Pinterest Who Pays? Instagram "con" So what's the of going with a "pro"? Money. You may have heard that the seller pays the buyer's agent commission (commonly 2.25 percent to 3.5 percent), but the fact is that the commission is often wrapped into the house price. In other words, sellers factor in the cost of commissions when they price their homes. Typically, the listing agent and the buyer's agent split the commission from the transaction. pays," "The funds come off the seller's side, creating the illusion that the seller says Jay Reifert of the Excel Exclusive Buyer's Agency in Madison, Wis. "But you are the only one table." bringing money to the closing How to Find One Ifyou decide to use a buyer's agent, ask your friends and family for recommêiidations. Remember, real estate agents make their living on their reputations! Ifyou are new to the area or don't have any referrals, turn to your constant, glowing friend: the Internet. You can read an agent's philosophy plus a listof local and professional affiliations on the agent's website. E-mail a few. Set up a meeting with any you like. At the meeting come prepared with these questions: Do you live in the area? Ifso, for how long? You want an agent who is quite familiar "insider" with the area. Ideally, you want someone with knowledge of commercial trends, local schools and development plans. How many people have you (not your firm) helped buy a home in the past three years? Can you refer me to several mortgage brokers? Recommending ethical mortgage brokers, especially after the recent mortgage crisis, is critical. Do you prefer vanilla or chocolate? See how they respond to curveballs. A sense of humor is a great asset during stressful situations! Once you find the agent you like, you may be asked to sign a Buyer's Broker Agreement committing you to a set amount of time with your agent (usually 3 to 6 months). As with all paperwork, read the fine print. Make sure that ifyou become dissatisfied, you can break the agreement without notice and/or opt-out penalty. Whether you decide to go italone or go with a pro, don't forget to value your instincts when hunting for your first house. After all, your buyer's agent isn't going to live there, you are. https://www.hgtv.com/design/real-estate/learn-the-pros-and-cons-of-a-buyers-agent 2/3 FILED: WESTCHESTER COUNTY CLERK 10/01/2018 05:13 PM INDEX NO. 60767/2018 NYSCEF DOC. NO. 236 RECEIVED NYSCEF: 10/01/2018 9/19/2018 Learn the Pros and Cons of a Buyer's Agent |Real Estate Tips | HGTV Projects That May increase Your Home's Value Discover Personal Loans® See the top remodel rooms and projects to get the most of your renovation. Click Here .h9ty OOm/design/real-esta tellearn-th OS-and-cons-of-a-bu yers-agent 3/3