Two days of making deals, Realtor-style

A two-day marketing and education session hosted by the Hudson Valley/Greater Capitol chapters of NYSCAR (New York State Commercial Association of Realtors) proved that Realtors aren”™t all out to get each other. In fact, they were downright chummy, bringing to the table a host of properties each is trying to sell or buy for their respective clients.
While no one was asked to choose a “door,” this two-day event  would have made Monty Hall proud. And NYSAR”™s Hudson Valley venue was the place to do it, with Realtors as far away as Massachusetts arriving at the Holiday Inn in Fishkill to participate. Properties were presented and interested parties got to bid by number to talk to presenters. From large private estates (zoned commercial, now residential, ready to roll) to large warehouse space waiting for buyers, Realtors spent the day hawking their wares and looking for buyers. They were also there shopping for their clients, trying to make a deal. Hold paper? “No problem.” Trade a property? “Talk to me.” And so the day went, with more than 50 Realtors participating in what they hope will become a yearly ritual.
“It is an unusual event,” said Charlie Frankel of Keller Williams in Central Valley. “We host meetings once a month locally but this is a first for the Hudson Valley.” Properties from Kingston, Poughkeepsie, Newburgh and other cities high on the radar screen were offered and bidders called out numbers to let fellow Realtors know they might be able to make a deal.
Cedric Carter, vice president of New York Business Development Corp., said the concept of getting brokers together to negotiate on properties is a win-win for both the property owners and prospective buyers. “This is the first time they”™ve held this kind of forum and the turnout was terrific. I think it will turn into a major event for brokers and buyers and it”™s a good way to move property that”™s been sitting idle and get business growing,” he noted.