LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Vikki Garby has been promoted to President of Green Team Realty, the Warwick-based full-service brokerage firm reported recently.
“It is time for us to take the next step in terms of growing our organization,” says Green Realty Team founder Geoff Green. “We have proven over the course of time that we can deliver a great environment for real estate agents to thrive, and for them to, in turn, deliver an exceptional experience to all of their clients. Promoting Vikki Garby to President of Green Team Realty will allow us to seek out new opportunities for more Sales Associates in new locations. Vikki is definitely the right person to help us achieve the intended growth we are seeking.”
Green is also the co-founder and CEO of Nuop, Inc., a digital marketplace where members make money by exchanging business opportunities with one another. With more growth for NuOp on the horizon, Garby’s appointment as President of Green Team Realty will provide him with more time and energy to focus on building a second business. Garby will not only continue what has been created with Green Team Realty but will focus on enhancing and growing its influence in the region. Green will remain as the Real Estate Broker of Record for all Green Team agencies and continue to oversee all related operations.
“I am extremely excited to take on this new and challenging role. I have learned so much from him (Geoff) since joining his brokerage and I intend to exceed his expectations with this incredible opportunity.” Garby stated.
Garby graduated from Cornell University in 1997 with a focus on Finance. After graduation, she began her career in Investment Banking as an Analyst with Deutsche Bank. With a drive for success, she worked up the ranks to Associate and soon after, Vice President of the Structured Capital Markets division. In 2007, still with Deutsche Bank, she shifted over to their Longevity Derivatives Group where she joined as a Vice President and was soon promoted to Director. Here she structured, negotiated, and executed multi-dimensional programs for the origination of premium finance loans and annuities which led the team in obtaining approval to sell longevity/mortality products in over a dozen countries. Later, she formed her own consulting firm called VAG Consulting acting as CEO/Founder.
In the meantime, Garby and her husband pursued real estate investments. With multiple properties purchased and subsequently rented, they decided it would make the most financial sense for Garby to obtain her real estate license. Since joining Green Team Realty, Garby has become a top salesperson, developed a desired reputation, and is the recipient of many sales awards. She has been a top 10 finisher for the past six years at Green Team New York Realty. She is also the most prolific commercial real estate producer in the history of Green Team Realty.
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