buyers: For Manhattan Buyers: Negotiating 101 - 12/28/12 05:35 AM
For Buyers: Negotiating 101 Some important questions to ask your agent and why you should ask them* Property Specific:  How long has the property been on the market? Why: The length of time a property has been on the market may indicate the seller's willingness to negotiate.  Have there been any price reductions during the listing period?Why: The amount of any price reduction, as it relates to the overall purchase price, may indicate the seller's desire to attract an offer. Have there been any other offers on the property? Why: It will be helpful to know what offers have been turned down … (74 comments)

buyers: New Rules for Manhattan Apartment Buyers and Sellers - 01/14/09 07:11 PM
For the past decade sellers had the power in the NYC real estate market. No longer can sellers dictate every aspect of the transaction. No financing contingencies, shopping around offers, listing brokers double ending deals are no longer the norm.Currently buyers have the upper hand. Buyers are putting in low offers and they are getting countered. Developers are offering incentives and are marketing value rather than luxury.Buyers are putting in multiple bids on several properties just as sellers were accustomed to receiving multiple bids and playing buyers against each other.It won't last for ever as real estate goes in cycles. It … (17 comments)

 
Mitchell J Hall, Lic Associate RE Broker - Manhattan, NYC (The Corcoran Group) Rainmaker large

Mitchell J Hall

Lic Associate RE Broker - Manhattan, NYC

Manhattan, NY

More about me…

The Corcoran Group

Address: 2253 Broadway, New York, NY, 10024

Office: 212-877-6268

Mobile: (917) 312-0924

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