Finding a perfect apartment in New York City all by own can prove to be a challenging task. You might end up getting frustrated but will not be able to find a perfect living apartment for your own. It is because all such transactions are done through real estate agents and property management dealers.
One will have to approach them in order to find a perfect Apartment to stay. But in such transition, the buyers will also need to pay a huge commission to the agents for finding them a place to live. This consequently increases the burden on the buyers. “You will have to approach real estate agents to buy an apartment in NYC” such myths no longer prevail anymore. If you want you can buy an ultra luxury Manhattan apartment without paying anyone anything, here are some few vital information which you should know before buying or renting an apartment.
Do I really need a broker?
The straight forward answer to such question is a big, NO. You don’t need anyone to just show you a an apartment which is for sale or rent. All they do is walk you to the apartment and take thousands for such. It is of no use, you can directly land on various luxury NYC apartment buildings and talk to them about your needs thus skipping the agents.
How much an agent charge?
The commission can vary a lot depending upon the location. If you are seeking an apartment in the middle of the city, they certainly will cost you a lot. The commission can range from 10 percent to 20 percent depending on the cost which you are going to invest for your apartment. Thus it is advisable, if you are not left with any choice than to hire a real estate agent, then do not ever tell the amount which you are going to pay for the apartment. It is often seen that the agents enlightens you about a luxury apartment whose sale is due closing dates and many are willing to buy it at any cost. It is nothing but just a trap to increase the bidding rates, don’t fall to such things and stick to your offer rates.
What should I do then?
Instead of going to a brokerage firm, you can directly land into the office of any residential building apartment and seek assistance. There are plenty of apartment buildings in New York such Silver Towers and Manhattan Skyline who offers no fee luxury apartment NYC. You can also look for search engine sites which offer the considerable apartments buildings without any charges.