Do I need a real estate agent in NYC?

In New York City, real estate attorneys are required for transactions because the purchase and sale contracts and transactions are generally more complex than a suburban single family home.

Why do I need a real estate agent?

Why choose a real estate agent? The majority of people choose real estate agents because they provide expertise, knowledge, and skills that are vital in property sales and negotiations. They know how to work the market, what buyers are looking for in your area, and how to improve your chances of a greater profit.

Do you need an agent to buy an apartment in NYC?

You can buy a home without a real estate agent or broker, but it’s probably better that you hire one, especially considering the highly competitive market in New York. Your broker will help you secure the best possible deal, and can assist you in bargaining for concessions.

Is a buyers agent worth it?

An agent can offer real value when it comes to valuing the property and securing the deal. However, a buyer’s agent may be able to save you time and help you secure a property at the right price, which may be a money saver for those who don’t know what a property is worth and are susceptible to overpaying.

Can you sell property without an agent?

The short answer is yes. In our many years of experience, we’ve found that anyone can sell property without an agent. We have worked with a variety of vendors since 2007, more than 6,500 in total and each seller has their own motivations for wanting to sell without an agent.

Is it worth it to buy property in NYC?

It is an excellent time to purchase a property in New York City. Interest rates are still low, and the New York market has historically always rebounded. Sellers have also become much more realistic about values and are oftentimes negotiating (even if their listing is well-priced).

Does Section 8 pay NYC brokers?

Section 8 tenants pay 30\% of their income or their Public Assistance shelter allowance towards rent. Section 8 does not pay a security deposit, broker’s fee, or any rent upfront.