Equal Housing Opportunity

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170-40 Highland Avenue, #603

Jamaica Estates, NY 11423

Status: Available


Mint Condition One Bedroom Coop Located On The Top Floor Facing The Front Of Windsor Terrace. No Pets Or Smokers. 20% Down Payment Required. Monthly Maintenance Fee of $932 Plus A One Year Assessment Of $104 Which Expires 10/19. This Unit Has Been Freshly Painted, Hardwood Floors, Updated Kitchen And Bath, Granite Countertops, Dishwasher, Ceiling Fan And Window A/Cs. Convenient Location. Call Now To Schedule An Appointment.

List Price: $215,000

MLS Number: 3087128

Property Type: Co-Operative
Sub Type: Attached
Style: Mid Rise
County: Queens County

School District: Jamaica Estates
City/Town: Queens
Zip Code: 11423
Complex Name: Windsor Terrace
Floor Number: 6

Total Rooms: 4
Bedrooms: 1
Baths Full: 1
Year Built: 1937
# Levels: 1

Features: Dishwasher, Elevator, Hardwood Floors, Renovated Kitchen and Bathroom, Common Laundry

Maintenance Fee Includes: Heat, Hot Water

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Sellers Agents and Brokers Agents

Wow the person at the open house is so nice…

Sellers Agent and a Brokers Agent are hired to represent the seller. Their total loyalty belongs to the seller.

These are often the very same people a customer may meet at an open house.  A customer is a person who visits the open house to see the home.

The Sellers agent or Brokers Agent working at the open house is required to first explain Agency to the customer before anything of substance is discussed. This is because a customer may accidentally disclose information that they normally would not want the seller to know. They may say something like, “This house is amazing. I will pay anything for it and failure is not an option.” Since the person working at the open house is obligated to share this information with the seller the seller might decide to raise the price since you already showed your hand.  



Buyers Agents

A Buyers Agent is required to provide her or his loyalty to the buyer.


They are not legally bound to the seller in any way. It is a Buyers Agents job to make sure the buyer has representation. They can act on behalf of the Buyer to try and get the right price and find out what the buyer needs to know.


They cannot share any information that can potentially hurt the buyer in the transaction.   


Their “Poker-face” might be what it takes to save a few thousand on the purchase and to keep the sellers guessing.


Dual Agency

When the Brokerage firm who is selling the home is also the same brokerage firm that is acting as a representative of the buyer the sale is said to be in “Dual Agency”.


Because of this the Broker who owns the brokerage has a potential conflict of interest. They are supposed to help the seller and they are also contracted to help the buyer. This conflict needs to be known and agreed upon by all parties. Even when agreed upon, the Broker is now expected to act as a neutral party and not take sides.


One way to minimize the effects of Dual agency is to designate separate representatives from the brokerage firm to each represent the buyer and seller separately.  This is called “Dual agency with designated sales agents”.  Water cooler talk is a no-no and meetings in the firm could be awkward but in the end the buyer and seller may have an extra bit of help to look after them and still deal with the same firm.  


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6800 Jericho Turnpike
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Syosset, NY 11791

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All rights reserved.  Highlite Homes Realty Corporation fully supports the principles of the Fair Housing and Equal Opportunity Acts.