subject: Tips to Buy New York City Apartments [print this page] Tips to Buy New York City Apartments Tips to Buy New York City Apartments
Buying an Apartment in New York City without taking any help is going to tiring, difficult and exhausting process. To make your job much easier it is always advisable to hire an agent or find an agency which could provide you an experienced Buyer's Agent.
A Buyer's Agent is considered to be a licensed real estate professional who works for you not for the building owner or Seller. This agent works as an adviser for you and try to get better deals for you rather than a sales agent. The New York City Apartments for sales are purchased through a Buyer's Agent has to help only the byer to purchase the apartment not to sell the apartment. This Agent have no rights to push you to buy a particular apartment, he has to show you and give you information and advice you about the apartments and then you can make your own choice to decide which is right apartment for you and other basic facilities you are concerned about.
You should be aware of all the situations.
When you use this agent to purchase a New York City Apartments which are available for sale they should be concerned to put your interests than any others. A Seller's Agent also should show interest first on sellers and then their own personal interests. Sometimes agents act according to their wish so Consumer Advocates advises the buyers to use Exclusive Buyer's Agent for this reason.
Buyer's Agents must work for buyers only they are not supposed to put apartments for sale list so there will no clash of interest. The clash occurs when two real estate agents work in same office/agencies and they are representing both the buyer and seller. But with exclusive Buyer's Agent this conflict will not take place as he will not put any listings on New York City Apartments for sale and they never represent the Seller. Therefore it is very clear that the Buyer's Agent do not represent the Seller, they are free to show any listing where the NYC apartments are for sale.