My husband and I have recently started looking for a home, and though we originally were not going to use a broker unless it looked absolutely necessary, recent reading has convinced me that we should. I think we were (or at least I was) mostly hesitant because I was worried about having to pay a commission on top of everything else. But reading posts on this forum actually pointed out the ability... [more]
My husband and I have recently started looking for a home, and though we originally were not going to use a broker unless it looked absolutely necessary, recent reading has convinced me that we should. I think we were (or at least I was) mostly hesitant because I was worried about having to pay a commission on top of everything else. But reading posts on this forum actually pointed out the ability to get that commission as a rebate on the price of the purchase, rather than another fee we would have to worry about. That would make the rebate a very important point for us when picking out a broker. The issue is that we have one broker who was recommended by friend of an acquaintance, who's site says nothing about the possibility of a rebate, and another broker that has received one good review here, who very prominently proclaims rebates 100% of the time. Neither have reviews posted on yelp or anywhere else I can see to tell me I should work with one over the other, but I feel bad about not working with the woman recommended by the acquaintance. Can we contact both, and see what each has to show us, or should we just go with one or the other.
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Response by 300_mercer
about 9 years ago
Posts: 10580
Member since: Feb 2007
Just use Keith burkhardt.
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Response by 300_mercer
about 9 years ago
Posts: 10580
Member since: Feb 2007
If you do not like him, switch. His rebates are real as I have gotten them.
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Response by Igorky
about 9 years ago
Posts: 3
Member since: Jul 2016
Keep in mind 300_mercer is Keith Burkhardt (or works with him). Nothing wrong with that but consumers should get the truth!
And no, you can use however many brokers as you'd like. You are a free agent as a buyer.
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Response by front_porch
about 9 years ago
Posts: 5321
Member since: Mar 2008
@lgorky, I have met both 300mercer and Keith IRL, and I can assure you that they are not the same person.
@lcsa, meet with all the brokers you want and hear what they have to say. However, as you go forward, let each of them know what the situation is, so they can choose to work (or not) with you. Some brokers will work with clients without the promise of exclusivity, but some won't, so it's only fair to let the brokers know where they stand.
ali r.
{downtown broker}
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Response by lcsa99
about 9 years ago
Posts: 5
Member since: Nov 2016
Thanks, everyone!
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Response by 300_mercer
about 9 years ago
Posts: 10580
Member since: Feb 2007
lcsa, Here are your two broker choices. Talk to both Keith and Ali.
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Response by 300_mercer
about 9 years ago
Posts: 10580
Member since: Feb 2007
Ali, Thanks for clarifying.
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Response by RiddhiBman
about 9 years ago
Posts: 112
Member since: May 2015
Icsa99, there are pro's and con's to using a buyer's agent (http://www.hauseit.com/buying-a-coop-without-a-broker/) ... but if you're able to get a rebate from a trusted source with good reviews then in my view it's better to have an agent.
You're paying for the cost of representation anyway, so why not take advantage of it and also get some of that money back? I recommend checking out Hauseit, they'll pair you up with top rated, full-service brokers in NYC who have already agreed to provide you with a rebate.
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Response by dan@digsrealtynyc.com
about 9 years ago
Posts: 114
Member since: May 2012
Icsa, there are many bad brokers out there, and if you are unlucky enough to work with one, they will be a liability, so I agree that you should definitely do your research, interview widely and not blindly follow a friend's referral. I get a lot of clients who started off that way but ultimately found me b/c it was a bad experience. Reviews are a good place to start. Happy to throw my hat in the ring if you'd like to chat - here are some reviews from my clients: http://digsrealtynyc.com/testimonials/. Regarding multiple buyer agents, although it does happen, I think it is better to find one that you feel good about and just go with them. Working with multiple brokers in the same neighborhoods will get confusing.
Just use Keith burkhardt.
If you do not like him, switch. His rebates are real as I have gotten them.
Keep in mind 300_mercer is Keith Burkhardt (or works with him). Nothing wrong with that but consumers should get the truth!
And no, you can use however many brokers as you'd like. You are a free agent as a buyer.
@lgorky, I have met both 300mercer and Keith IRL, and I can assure you that they are not the same person.
@lcsa, meet with all the brokers you want and hear what they have to say. However, as you go forward, let each of them know what the situation is, so they can choose to work (or not) with you. Some brokers will work with clients without the promise of exclusivity, but some won't, so it's only fair to let the brokers know where they stand.
ali r.
{downtown broker}
Thanks, everyone!
lcsa, Here are your two broker choices. Talk to both Keith and Ali.
Ali, Thanks for clarifying.
Icsa99, there are pro's and con's to using a buyer's agent (http://www.hauseit.com/buying-a-coop-without-a-broker/) ... but if you're able to get a rebate from a trusted source with good reviews then in my view it's better to have an agent.
You're paying for the cost of representation anyway, so why not take advantage of it and also get some of that money back? I recommend checking out Hauseit, they'll pair you up with top rated, full-service brokers in NYC who have already agreed to provide you with a rebate.
Icsa, there are many bad brokers out there, and if you are unlucky enough to work with one, they will be a liability, so I agree that you should definitely do your research, interview widely and not blindly follow a friend's referral. I get a lot of clients who started off that way but ultimately found me b/c it was a bad experience. Reviews are a good place to start. Happy to throw my hat in the ring if you'd like to chat - here are some reviews from my clients: http://digsrealtynyc.com/testimonials/. Regarding multiple buyer agents, although it does happen, I think it is better to find one that you feel good about and just go with them. Working with multiple brokers in the same neighborhoods will get confusing.
Dan Gotlieb
Digs Realty Group
www.digsrealtynyc.com
Digs Realty gives back 2% to buyers. Had a great experience.