Are the challenges for homeowners who need to buy and sell at the same time any different in a fast seller’s market with limited inventory than in a slow buyer’s market with abundant supply? A strategic approach to a simultaneous closing of your current home and subsequent purchase is essential in any market.
Today, there are more than 28,000 residential real estate agents and brokers doing business in Manhattan. Because of the record breaking run-up in sales prices over the last several years, the field has attracted an increasing number of newcomers. Many will not stay the distance.
If you’re a buyer, a seller, or a developer, how do you choose from among the vast numbers of professionals? What makes a good broker? And why hire a broker at all when the Internet provides access to a global marketplace for available inventory?