What we do for our INTERNATIONAL FOREIGN buyers buy NYC condos

By
Real Estate Agent with Douglas Elliman Real Estate

Here is what we do for our international foreign buyers when purchase NYC condos as Buying a Manhattan Condominium as International Foreign buyers can be very complicated.

As an International or foreign buyer, Manhattan New York Purchase process is very unique and very different than the rest of the world. 
Each aspect of the condo and process is an important aspect of the process.
Such as how the offer are communicated (price and terms), contract details,
and final closing coordination details and etc, nothing should be overlooked.

Manhattan New York Condo International foreign Buyer agent representation. In the state of New York, there is NO COST for you to use the services of a Manhattan New York Condo Buyer’s agent as international foreign buyer. Since each Manhattan New York Real Estate market is unique and very special, we will first have a confidential consultation discuss what you are looking for, the current market condition and specific penthouse availability. 

We are Manhattan New York Real Estate agents that worked with many international foreign buyers.

When we work with an international foreign buyer looking to purchase a Manhattan condominium, we will first explain many nuances of this market place:
 
1) We do not have lockboxes, therefore all property is shown through appointments only.We usually need 24-48 hours notices to schedule the appointment since there are many people involved in confirming an appointment.
2) Weekend showings usually is more on SUNDAY, not SATURDAYs.
3) The offer is made through Real Estate agents and until the contract is signed by both parties, there is NO actual deal. Even though the seller can 'accept' your offer but there is no guarantee. From 'offer accepted' to actual contract signing, it can be 3 days to 7 days.

When we are working international buyers, we tour our buyers through different neighborhoods and city blocks. By looking through different condo units with us, you will be guided and advised on each property we see together. You as an international foreign buyer will get an overall feel for available condo inventory on the market in Manhattan New York, this way you can then make an educated decision on which Manhattan New York property is going to work best for you and your lifestyle. 

Once we find the property you are looking for, we can recommend you other important and competent people that will help you complete your purchase.

We have a team of Real Estate attorneys, accountants, financial advisors, mortgage consultant or private lenders, property management and other services that specialized in International foreign buyers buy NYC condos. These are the market experts that can help an international buyer purchase New York city condos in an seamless manner.

There are lots of other agents who may have only sold one unit to International foreign buyers condos in their Real Estate career, but that does not mean they have the most experiences or intimate knowledge of this ever changing dynamic Real Estate market.

Work with the market expert like ourselves who have worked many international foreign buyers invest their money in Manhattan Real Estate, let us be your buyer's agents and guides. We will oversee the entire process and ensure your purchase is smooth and stress free.

Call today at (917)837-8869 or Email us at EHSU@elliman.com to work with an experienced team that specialized in working with international foreign buyers.

For many of our international VIPs purchase condos sight unseen, we send them videos of the condo so they can get a better idea of the layout and the exposure. To see it, click on the link below:

(http://activerain.com/blogsview/3341791/400-fifth-avenue-one-of-the-best-midtown-fifth-avenue-condo)

Posted by

 ____________________________________________________________________________

 

Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)

Our team specialize in Manhattan New York Condominiums, townhouses, and condops.

We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate goals.

Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent

 

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  1. Morgan Evans 08/21/2012 08:53 PM
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Topic:
Home Buying
Location:
New York New York County Manhattan Fifth Avenue
Groups:
I Love NY
Marketing To International Buyers
Luxury Properties $750k+
40 Somethings
Tags:
international buyers nyc condos
international foreign buyers

Comments 15 New Comment

Show All Comments
Ambassador
1,276,623
Loreena Yeo
Realtor® | Frisco TX Community Ambassador
3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co.

It's so crucial to understand this home buying process in Manhattan NY, Eileen. You're right. Manhattan real estate is a whole different type of animal in itself. I have no doubt that you represent well, given your organizational skills and can-do attitude!

August 13, 2012 01:06 PM
Ambassador
1,529,827
Gary Woltal
Assoc. Broker Realtor SFR Dallas Ft. Worth
Keller Williams Realty

Eileen, with this no cost and ultimate care of your clients through this whole detailed process, why would they not work with you? You guys cover everything, even the other resources. I love the details you have provided in this post about International buyers.

August 13, 2012 01:14 PM
Rainmaker
556,060
Cherise Selley
Colorado Springs Realtor
Selley Group Real Estate, LLC

Eileen,

I didn't realize that your showings usually occurred on Sundays v. Saturdays.  Seems to me that your blog sends the right message that you are perfect to represent the international clientele... g

August 13, 2012 01:35 PM
Rainmaker
595,411
Richard & Beth Witt
Broker/Owner RE/MAX Wittney Estates Long Island NY
RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com

Eileen, I found your post very interesting and totally agree with your systematized buyer introduction to the buying process in NYC... I personally have felt that agents should do this with every buyer before they begin working with them regardless of where they are buying... I mean we are suppose to be professionals... right??? So I always wonder why so many don't act the part...

I agree with all the previous comments... you guys are the ones I would want to work with if I were looking for a Condo in NYC... :-)

August 13, 2012 01:57 PM
Rainmaker
656,727
Eileen Hsu
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate

Loreena, thank you. It is the most educated buyers that will make the smart and right decision for themselves.

Gary - THANK YOU. Many of our international foreign buyers always recommend us to their family and friends, that is a great testimonial to our world class service.

August 13, 2012 02:00 PM
Rainmaker
656,727
Eileen Hsu
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate

Gordon, Good to see you. Sunday is a much better day to see as many properties as possible as many have open houses on Sundays not Saturday. Sellers need a day off too from all the buyer visits.

Beth, you are right, this process apply to many buyers in different markets, it is very foundamental yet so many fail to service their buyers with these precision. We love to work with all motivated and serious buyers whether they are international or local. If they are serious and motivated with a good timeframe, we work with them.

August 13, 2012 02:02 PM
Rainmaker
1,669,616
Lou Ludwig
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
Ludwig & Associates

Eileen

A very detailed overview  of international buyers buying in New York City.

Good luck and success.

Lou Ludwig

August 13, 2012 04:06 PM
Rainmaker
1,030,477
Endre Barath, Jr.
Realtor - Los Angeles Home Sales 310.486.1002
Berkshire Hathaway HomeServices

Eileen, it is such a different way of doing business from state to state but from one country to another it could be very daunting and you make it so much easier for your International Clients. Great information for anyone but particularly for the International Buyers is a must read!

August 13, 2012 04:26 PM
Rainmaker
1,439,778
Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c)
Long Island Condo & Home Sale Specialists
Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803

Eileen, Some may think that buying Real Estate is the same all over, but every market is different and having you as a Buyer Rep is the best way to buy NYC property!

August 14, 2012 04:17 AM
Ambassador
625,491
Doug Rogers
Your Pineville Louisiana Agent
Bayou Properties Realty

Please forgive my basic question. How do you get from one building to another? Do you hire a cab for the tour? Subway? Car service?

August 14, 2012 06:36 AM
Rainmaker
656,727
Eileen Hsu
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate

Hi Doug, we usually taxi it to be most efficient.

August 14, 2012 11:57 AM
Rainmaker
1,372,137
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Eileen, with your unique process, it is very important for a buyer to hire a seasoned agent to guide them through this process.    Cannot imageine not having lock boxes!

August 14, 2012 05:59 PM
Rainmaker
532,613
Morgan Evans
LICENSED REAL ESTATE SALESPERSON
Douglas Elliman Real Estate
It is so important to educate international foreign buyers so they can be best prepared for their NYC purchase.
August 17, 2012 08:52 AM
Rainmaker
1,051,762
Ginny Gorman
Homes for Sale in North Kingstown RI and beyond
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate

Eileen, you and Morgan do a great job of promoting your abilities & what you do to help your International clients buy in Manhattan...it gives such a comfort zone to international buyers having the two of you guiding them!  Hope your travels are great!

August 18, 2012 08:16 AM
Rainmaker
1,774,886
Gabe Sanders
Stuart Florida Real Estate
the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales

You offer valuable services to the foreign international buyer Eileen.  They will benefit greatly from them.

August 20, 2012 04:10 AM
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Rainmaker
656,727

Eileen Hsu

LICENSED REAL ESTATE SALESPERSON
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