Manhattan real estate offers some of the most exclusive and desirable properties in the world. It is known as the leader in the financial markets, with the skyscrapers on Wall Street as one of its predominant features. Although the smallest of the five New York City boroughs, Manhattan is composed of many strikingly different and unique neighborhoods. Residents can opt between the Upper East Side, TriBeCa, SoHo, Harlem, and Greenwich Village among a few. Enjoy the fine dining and shopping or head to one of the many cultural institutions that call this area home. Whether you are buying or selling property in Manhattan this year, you will want to consider hiring a real estate agent to help support you with the process this year.
As soon as you have decided to buy or sell your property, your next step should be to hire an experienced and knowledgeable Manhattan real estate agent. Here is how to get started.
Here are some basic definitions to keep in mind as you begin the process of buying or selling a home in Manhattan.
Real Estate Agent vs. Broker
Realtor vs. Real Estate Agent
Buyer’s Agent vs. Listing Agents
How to Find a Real Estate Agent
There are different ways to find an experienced Manhattan real estate agent, including searching online and asking friends and colleagues for referrals. Here are some additional factors to consider.
What is Their Experience?
Will They Have Assistants Who Will Help Me?
How Much Commission Do They Expect?
Do They Have Good Reviews From Past Clients?
Things to Look for in a Buyer’s Agent
Your real estate agent will help find the best range of properties to suit your financial needs, preferences, and real estate goals. Buyers agents schedule showings of potential homes and notify you as new ones become available. Once you have found the perfect home, they then help you write the offer, negotiate any terms, assist with scheduling and attending inspections, and work through the closing process.
Things to Look for in a Listing Agent
A listing agent will help you set an appropriate listing price based on comparable sales in the area, also known as a comparative market analysis. They will suggest whether any home improvements or updates need to be made prior to the listing. They will also arrange open houses, meet other agents for showings, develop a marketing campaign to sell your home, and present offers to you. A listing agent will also handle any negotiations, as well as the final aspects of the sale.
Ready to Move Forward?
Understanding the basics of how to find a Manhattan real estate agent provides you with the best information possible as you move forward with the process. When you are ready for more information, contact the experienced real estate professionals with The Novo Team. They have more than 30 years of experience buying and selling New York real estate. Their innovative marketing and creative approach will provide you with a highly satisfying experience. Contact the team at Douglas Elliman Real Estate to learn more today.