These days, more people think about selling their properties in NYC on their own. While it may work, it’s still recommended for you to hire a professional real estate broker to get the most out of a deal. Here are 3 reasons why you should consider hiring a professional brokerage team in NYC:
- Save Energy
Not everyone masters the art of negotiating. Whether you’re a seller or buyer, you can save your energy and prevent stress from the complicated negotiation process. It doesn’t stop at negotiating; your broker can handle all of the legal paperwork.
- Save Time
Who have the time to review listings, schedule and arrange property tours, write offers, negotiate terms and deal with the legal paperwork? Real estate is, generally, not the sole business of many property owners. By hiring a professional broker, you will have more time on your hands to focus on your other job. You can trust your broker to deal with the technical aspects of your real estate business and get the optimal terms.
If you are a buyer, your days of window shopping and comparing properties are over. You let your broker know your needs and let THEM go through ads, while you deal with the stress of packing and moving.
- Save Money
If you’re a property owner, yes, you would have to pay a commission on the deal. However, the price is nothing compared to the cost you’d have to pay for property repair if you’re held responsible for it on the contract. Imagine what the cost of repair and maintenance would be on a big, valuable property . Your broker can request the tenants be responsible for some of the repair and maintenance of many utility systems which already exist on the property.
If you’re a buyer, rest assured, your broker won’t charge you a fee. Not to mention that your broker can get you the most reasonable price on the property. You can save a lot of money if your broker is good at negotiating. Let’s say the asking price on the property is $2/SF—your broker may just seal the deal at $1.50/SF with payment terms that benefit you. Furthermore, the extra money in your budget can be allocated for buying new furniture for your new place. You can even have enough to do a little remodeling on the property.