There is so much information on the internet, and with sites like StreetEasy, it’s so easy to see what’s on the market and tour homes. It might seem like you don’t need an agent and could probably save money by dealing directly with the seller’s agent, but not using a Buyer’s Agent could be a very costly mistake.1- A Listing Agent, who represents the seller, is legally obligated to try to get the best terms for their client, which means the highest price from you, the buyer. They may offer you an extra 1%-2% kickback from saving commission, but certainly won’t tell you the seller might have accepted 7%-10% less. A skilled Buyer’s Agent is obligated to get you the best terms, and should be able to negotiate a better deal on your behalf.2- When figuring out what a home is worth, we look at what similar homes have sold for recently. Except the most recent information available online is always months old by the time websites get updated. The NYC market is too dynamic for those numbers to stay relevant, especially as we are living through these unprecedented times of Covid19. As a Buyer’s Agent, my relationships with other agents, and my ability to charm them, allow me to get up to the minute information about market rates. I find out the prices for the newly under contract listings. That gives us the clearest idea of the current market value and puts us (you) in the best negotiating position.3- A Buyer’s agent is there to manage all aspects of your transaction, from helping you choose between a <a target="_blank" href="https://purplerealestatenyc.com/2021/01/09/co-ops-vs-condos-whats-the-difference-and-which-is-better/">co-op and a condo</a> to setting expectations, to making sure everything gets accomplished along the <a target="_blank" href="https://purplerealestatenyc.com/2021/01/09/a-nyc-home-buyers-timeline-8-steps-to-closing/">proper timeline</a>, to making sure your board package is presented in its best light to get you the highest chance of approval.4- You get a Buyer’s Agent’s contacts, referrals, advice, experience, and skills for FREE!! In most instances, the Buyer’s Agent’s fee is already negotiated into the Listing Agent’s contract. The seller pays for my services, but my loyalty, duty, and skills serve my client, the buyer.

There is so much information on the internet, and with sites like StreetEasy, it’s so easy to see what’s on the market

4 Reasons You Need A Buyer’s Agent

Learn how to grow and scale your online course business using our online course platform. EzyCourse blog is designed to teach you how to create and sell online courses.

4 Reasons You Need A Buyer’s Agent

4 Reasons You Need A Buyer’s Agent

Related Posts

A NYC Home Buyer’s Timeline: 8 Steps To Closing

Co-ops vs condos: what’s the difference and which is better?

Closing Costs For Buyers in NYC

3 Things you need to do RIGHT NOW if you want to buy a home in NYC…Someday.