The buying and selling of Manhattan townhouses
is a complex matter. At first it might seem
that by checking local picture books or online
sites you could quickly find the right home
at the right price.
But a basic rule in Manhattan real estate is
that all properties are unique. Homes differ
and so do contract terms, financing options,
inspection requirements and closing costs. Also,
no two transactions are alike. In this maze
of forms, financing, inspections, rent controls,
marketing, pricing and negotiating, it makes
sense to work with professionals who specialize
in townhouses.
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How do I find the Townhouse Specialists?
Well obviously, we would like you to use our
services. But please check out the competition.
You can find townhouse agents by searching open
houses, local advertising, Web sites, referrals
from other REALTORS®, recommendations from
neighbors and suggestions from lenders, attorneys,
financial planners and CPAs. Or if that is too
much work, contact us and we will send you a list
of other townhouse specialists in your neighborhood.
In many cases buyers will interview several
agents before selecting one professional with
whom to work. These interviews represent a good
opportunity to consider such issues as training,
experience, representation and professional certifications.
What should you expect?
Once you select an agent you will want to establish
a proper business relationship. You likely know
that some agents represent sellers while others
represent buyers. Each agent should explain the
options available, describe how he or she typically
works with individuals and provide you with complete
agency disclosures (the ins and outs of your relationship
with the agent) as required in New York.
Once hired for the job, the agent will provide
you with information detailing current market
conditions, financing options and negotiating
issues that might apply to a given situation.
Remember: Because market conditions can change
and the strategies that apply in one negotiation
may be inappropriate in another, this information
should not be set in stone. During your time in
the marketplace agents will keep you updated and
alert you to each step in the transaction process. |
