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Some Helpful Hints
DO NOT work with multiple brokers. It is best to find a single broker whom you trust and are comfortable with. If you begin to work with multiple brokers, no single broker will put in the 100% effort required as the broker will believe (correctly) that you are not committed to him/her.
DO NOT view 20 apartments only to decide that you are not ready to move. Brokers spend a substantial amount of time scheduling viewings and do not get paid for this service. If you are unsure of whether you are ready to buy, disclose this to your broker (along with the reasons for your uncertainty) and your broker will be able to help you accordingly. The broker will be less inclined to help you if you do not disclose this until after the process has begun.
DO NOT submit very low bids. Though every apartment is negotiable and every transaction should be negotiated, there is a certain point at which a low bid can be embarrassing to both you and the broker. If you are contemplating putting in a very low bid because you cannot afford a higher bid, please make sure your broker knows this and he/she can then find more appropriate apartments for you.
DO NOT obsess about getting a "great deal." Buying an apartment is not about getting a great deal — it is about finding an apartment that you'll look forward to coming home to every evening. As we all know, New York can sometimes be a pain and being able to escape it all by coming home to an apartment you love is priceless. As far as we are concerned, that is the definition of a great deal.
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| 320 East 39th Street • New York City 10016-2106 | Phone (212) 370-1480 • Fax (212) 697-2180 |
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