1) Never ever go beyond your comfort zone in a bidding war. Bidding wars are emotional and may take a toll on you. You know for sure that an apartment is good if other people are interested in it. But there is no way of finding how much more other people bid. So it is [...]
Posts Tagged ‘house hunting’
My recommendations on real estate
Posted in house hunting, tagged house hunting on January 26, 2008 | Leave a Comment »
Buyer versus seller broker
Posted in house hunting, tagged brokers, house hunting on January 26, 2008 | Leave a Comment »
A buyer’s broker is one that works for/with a buyer. But the buyer does not need to pay him/her – the commission comes from the seller’s pocket. The seller’s broker has to split the 6% commission with the buyer’s broker. The broker will send you listings of places, and make calls and appointments for you. [...]
Buying a apartment
Posted in house hunting, tagged house hunting on January 26, 2008 | Leave a Comment »
I finally have a signed contract after being in the real estate market for 8 months. The market is really bad elsewhere, but not in Manhattan. Manhattan is booming as always, and sellers are quite cocky. We signed a contract without a buyer’s broker, and here is why. A buyer’s broker is good to have [...]
