YourAustralianProperty is one of the biggest financial decisions you’ll make in your lifetime. You want a professional on your side to assist you with the purchase process and answer any questions you may have. Using an independent buyer’s agent can save you money as they do not share commission with the listing agency, meaning that they are working solely for you.

During the search stage, buyers agents can set expectations on what is achievable relative to your wish-list and stated needs. They can also offer insight on zoning, taxes and other neighborhood specifics. During the offer stage, they will provide you with market data on prices and inventory levels, perform valuations and negotiate on your behalf. Once an offer is accepted, they will help manage the contingencies and inspections until the closing table.

Experience

Purchasing real estate can be complicated, especially in NYC where the market is always competitive. An experienced local agent can make the entire process a lot smoother. Ask about their past and current experience, and whether they have worked with your type of property before (like a co-op or condo). In addition to experience with the city and your type of property, it’s important that you find an agent who has a strong network of other professionals like lenders, lawyers and home inspectors who they work well with. This can make the difference when preparing and filing complicated paperwork or managing the time sensitive and ever changing timelines of a real estate transaction.