Tuesday, April 27, 2010

My Thoughts on the TIMEOUT NY Apartment Guide Released Last Week

By now many New Yorkers have either heard or seen the Timeout NY issue of the "100 Apartments Under $2000".

I wanted to share with you all the important thing to remember when searching for a new apartment. EXAMPLE: take what you see on the internet with a grain of salt. Don't get too excited when you see something because you have to assume it's either going to be gone by the time you see it, or is used as a teaser to get your attention.  After all, most broker's use internet advertising to lure you to them.

[How many brokerages have you called and the agent actually talked to you about the listing you are calling on? Granted, I do the same thing. But the reason why we ask you the questions we do is to not waste you time, and ours.  Did I just say that??? YES! It's important for our clients to realize that we are humans too and we should be treated with a level of respect that we deliver everyday. I will elaborate on the questions you should be prepared to answer when looking to move later.] Back to my thoughts...

I am choosing not to include a link to the guide because I feel it has no merit. When I looked up the first 10 listings in the master database that we all have access to, the units listed were already rented. So why put out an article getting your hopes up?

Everyday I hear someone (not in the biz) say "the market still sucks and there are plenty of deals out there!" This may by true if you are on a budget. Meaning, if you only want to spend $1900 for a one bedroom, plan on living on 9th Ave near the Port Authority on a fourth floor walk-up with nothing but a trash can!

It's my fiduciary responsibility to make sure my clients are well informed when it comes to New York Real Estate.  If I don't have an answer on the spot, I will get it for you.

Above all, the most important thing to remember is watch the amount of time spent online looking at things that may not exist. When I moved to New York I recall looking on Craigslist for an apartment. I was looking three months before I had to move.  I would have brokers hang up on me! Or, tell me that I'd have to pay a 15% fee to get a place I liked.  WHAT?  So much to learn, so little time.  Had I been armed with a fraction of the information that I know now, I probably would have made a more sound decision. Don't let that happen to you!

I'm always available for a FREE consultation and to see what I can do for you.  But in order to do that, you need to call me! You can reach me at 212-452-6108 or you can email me at brandond@anchornyc.com.




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