NYRAC New York Residential Agent Continuum - a podcast by Vince Rocco

At this hour: Last September, five of New York’s top brokers met to brainstorm a new idea. Collectively, the agents and their teams —had closed more than $1 billion in sales in 2016.
But despite their individual successes, they felt the industry was lacking consistent standards and proper transparency: They formed a group. (NYRAC), New York Residential Agent Continuum. To join this elite club, only top-producing brokers will be eligible to join. Prospective members must be endorsed by three active members and have at least five years of experience in residential sales in the city.
Additionally, they must have at least $10 million in annual sales volume over the previous five years.
Heather McDonough Domi and Cathy Taub are here with me this morning.

Also at this hour The first week of the year was a slow one for the Brooklyn luxury market.
Only three contracts have been signed so far in 2019, but the average contract price is up from last week’s holiday slump.
So let’s get at it.

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