StreetEasy

On June 3, StreetEasy hosted its third Experts Summit 🏔 About 50 leading Experts joined us for an afternoon of networking and presentations, including a state of the market talk by StreetEasy Senior Economist Kenny Lee and inspiring remarks from Juan Bendana, creator of the Confidence Cycle: a science-backed framework that has helped over 250,000 leaders including top CEOs, actors, and Olympians. Our Summit events are just one way the StreetEasy Experts program aims to provide value and support participating agents. If you're an NYC real estate agent interested in growing your business and expanding your network, find out what Experts can do for you: https://lnkd.in/epkEkVxr

StreetEasy recently held an in-person seminar for first-time NYC home buyers 🏡🏙🗽 in which we provided information, tools, and resources to guide them in their journey. Speakers included Kenny Lee, StreetEasy Senior Economist; Tony Jao, Vice President and Home Lending Officer at Popular Bank; Zillennial finance expert Haley Sacks (Mrs. Dow Jones); Carlo Romero, StreetEasy Senior Partner Engagement Manager; and StreetEasy Experts McKenzie Ryan of Douglas Elliman and Christopher Kromer of Brown Harris Stevens.   Missed the seminar? We have you covered with our recap.

When done right, open houses can not only bring in great offers — they're an opportunity to promote yourself as an agent and attract future clients.

A great newsletter full of beneficial, interesting, relevant content can help real estate agents turn contacts into clients. Make your agent newsletter more effective with these 10 content ideas.

We thoroughly enjoyed hosting our 2024 Agent Advisory Board at our annual spring dinner for an evening of networking with fellow board members and StreetEasy leadership 🤝🍽💼 The StreetEasy Agent Advisory Board (AAB) assembles top partners in NYC real estate to discuss industry matters, raise important questions, and exchange ideas. Members also provide StreetEasy with valuable feedback on resources, products, programming, and more. The AAB meets for regular in-person sessions as well as virtual discussions. Interested in applying for the 2025 Agent Advisory Board? Apply here: https://lnkd.in/ejCPuwW9 Thank you to all of our AAB and StreetEasy attendees!

April wouldn't have been the same without our fantastic team of experts. We appreciate your hard work and collaboration! 👏 💙 Collin Bond, Esq., Compass Avi Alkotzer, Compass Ante Jakic, Compass Kyle Champness, Compass Tova Bourque, The Corcoran Group Shimaa Anwar, Compass Matthew Bank, Bank Neary Inc Nicole Hay, Compass

In partnership with Tech:NYC, our recent analysis underscores the urgent need to address housing affordability for all New Yorkers amid a growing workforce. Even tech workers — whose wages are 52% higher than the city average — could afford just one in three rentals. And for those earning below the city’s gross annual wage of $88,647, the situation is even more challenging. Read the full report for a closer look, as well as our recommended policy solutions.

Thank you to LinkedIn News Editor Melissa Cantor for bringing attention to our recent NYC housing affordability report with Tech:NYC 🏙🗽💻

NEW: In partnership with StreetEasy, we took a look at NYC’s housing affordability crisis, and today we’re releasing data that sheds light on the links between accessible housing and a growing workforce. Our report analyzes citywide median rents relative to average wages, and found that tech workers could afford about one in three rentals on the market in 2023. For NYC to sustain its status as a top destination for talent – in tech and all other sectors – we simply must increase supply, decrease cost, and make housing more affordable. Get all of our findings, plus our recommendations for the path forward here:

NYC renters are struggling with affordability. Amid soaring rents and upfront costs, New Yorkers earning the city’s average annual wage could afford just 4.4% of rentals on the market in 2023 — that’s fewer than one out of every 20 available rentals. Even tech workers — whose wages tend to be higher than average in a competitive labor market — could afford just one in three rentals in the city, according to StreetEasy analysis in partnership with Tech:NYC. Essential workers were hit hardest by the worsening crisis in NYC. New Yorkers in occupations such as healthcare support, food preparation, and transport services earned less than $70,000 last year, enough to comfortably afford less than 1% of NYC’s rental inventory in 2023. Our analysis underscores the urgent need for action. See our policy recommendations in the report. I appreciate all the hard work that StreetEasy and Tech:NYC teams put in to shed light on such an important issue affecting all New Yorkers! #housing #affordability #rental