Episode 21: Leonard Steinberg on Proposed Rental Broker Fee Ban & His Trip to The New York Supreme Court in Albany County

Episode 21: Leonard Steinberg on Proposed Rental Broker Fee Ban & His Trip to The New York Supreme Court in Albany County

In this episode, we have our Chief Evangelist of Compass join in on my show to discuss the State Legislature's proposed new law of banning tenants from paying the broker fee for rental properties in NYC. He is a proponent of the brokerage community and an influential voice in our field. Here are his takeaways about his day written from his daily contemplations:

1. You have to show up. Whining and complaining about politics is useless. Sometimes you must roll up your sleeves and get involved and make an effort. Take the time needed to get involved and have an impact. 2. The squeaky wheel gets the grease: without fail, every politician said they listen and hear the loudest, most consistent voices most. 3. You have to be looking out for the greater good. Yes, some special-interest lobbyists succeed to cater to their own hyper-localized issues, but politicians care most about pleasing the majority of voters. 4. Rehearse your message and be CLEAR about what you want, and ASK how the politicians plan to address your concerns. 5. Make your concerns public. A letter is easily filed or thrown away. As is an e-mail. A TWEET or social media post tagging specific politicians is PUBLIC. You cannot ignore that as easily. 6. Numbers count. A handful of people's voices matter. Several hundred or thousand voices will get REAL attention. And action. 7. Politicians are BRILLIANT at making you feel like you've been heard, that they REALLY CARE. Don't rely on words and promises. 8. Don't rely on 'others' to speak on your behalf. Most times they have other interests at heart. 9. Politicians listen closest to their constituents. They want to succeed and be re-elected. 10. We hired a lobbyist. I abhorred lobbyists until yesterday: without this lobbyist, we would never have been able to as effectively identify whom to meet with and how. This lobbyist acted like a great agent and we all know how important a good agent is!

As a result, the New York State Justice Mackey temporarily blocked the state’s week-old ruling that had effectively barred tenants from having to pay a broker fee, issuing at least a short-term reprieve to an industry scrambling to respond The decision was expected to stay in place until at least March 13, when Justice Mackey has asked the Department of State to respond in court. However, this restraining order does not necessarily foreshadow that the broker fee ruling will be blocked for good.

If you're interested in real estate news & politics, this is certainly an episode for you! Thank you for subscribing & listening!

Avsnitt(134)

Episode 86, Jordan Sachs, Founder of BOLD NY, On Real Estate Investments & Ground Up Brokerage Strategy

Episode 86, Jordan Sachs, Founder of BOLD NY, On Real Estate Investments & Ground Up Brokerage Strategy

Pleased to have Jordan Sachs on the Real Takk Podcast. Jordan was the co-founder & CEO of BOLD New York, a residential real estate brokerage in NYC that at its height, exclusively represented about 15...

8 Aug 202358min

Episode 85, Joe fox, Operator & Manager of NYC Multi Family Residential, Commercial Mixed Use, Coops & Condos.

Episode 85, Joe fox, Operator & Manager of NYC Multi Family Residential, Commercial Mixed Use, Coops & Condos.

Joe Fox is one of the most experienced operator & manager of NYC multi family properties, coops, and condominiums in NYC .  So what does an operator & manager of NYC multi family & commercial mixed us...

17 Juli 20231h 36min

Episode 84: Elizabeth Ann Stribling-Kivlan, On Stribling, Representing The Plaza, Acquired by Compass, & the State of the Brokerage Industry

Episode 84: Elizabeth Ann Stribling-Kivlan, On Stribling, Representing The Plaza, Acquired by Compass, & the State of the Brokerage Industry

I am pleased to have NYC real estate legend Elizabeth Ann Stribling Kivlan AKA EA Stribling on the the pod.  EA is a born & raised, through & though 5th generation New Yorker.  She attended the Chapin...

20 Juni 202357min

Episode 83:  What is Eagle 9 Title Policy? What does Compass buying Title Companies Mean?

Episode 83: What is Eagle 9 Title Policy? What does Compass buying Title Companies Mean?

This episode dives into all things Eagle 9 Title Insurance, standard title insurance, and Compass buying up Title Companies mean for the industry with Title Vest Titans Courtney Ronan & Joshua Bolden....

1 Juni 202359min

Episode 82:  15 Lessons in 15 Years.  Smooth Seas Do Not Make A Good Sailor!

Episode 82: 15 Lessons in 15 Years. Smooth Seas Do Not Make A Good Sailor!

To mark my 15th year in the real estate business in NYC, I hop on my pod to discuss 15 lessons that fellow small business owners, real estate brokers, & industry insiders can learn from.   Full episod...

17 Maj 202337min

Episode 81: Bob Knakal, A Legend Amongst a League of Legends.$20B+ Sold in Aggregate Volume, A NYC Storyteller & Master of The Deal

Episode 81: Bob Knakal, A Legend Amongst a League of Legends.$20B+ Sold in Aggregate Volume, A NYC Storyteller & Master of The Deal

(Recorded on April 2023). Had a great chat with NYC real estate broker & RE legend Bob Knakal on this episode.   We often abuse the word GOAT in the world of sports & business.  If one were to not use...

25 Apr 20231h 6min

Episode 80: Jackson Hole Wyoming Real Estate with Colby Murphy, Real Estate Agent & Professional BMX Rider

Episode 80: Jackson Hole Wyoming Real Estate with Colby Murphy, Real Estate Agent & Professional BMX Rider

Welcome to Jackson Hole!  I welcome my guy Colby Murphy on the Real Takk Pod to discuss all things Jackson Hole & Teton Village Real Estate.  The land of The Grand Tetons, Jackson Hole is not just a b...

28 Mars 202342min

Episode 79:  Jason Saft, Staged to Sell, the Beast Before the Beauty, from Untouchable to Unstoppable

Episode 79: Jason Saft, Staged to Sell, the Beast Before the Beauty, from Untouchable to Unstoppable

I truly believe what Jason is doing is one of the most important aspects of successfully selling real estate. Most sellers leave the staging out of the sales equation due to their brokers inexperience...

2 Mars 20231h 11min

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