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EP 17/31: What To Look For In A Great NYC Real Estate Broker

Original (Episode 17):

Re-Air (Episode 31):

 

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PS: This episode was so popular, we decided to re-air it during Episode 31!


The John and Jonathan Sell NYC Podcast Background on the Lessons and Manhattan Real Estate Market Analysis for Q3 2020 Show Notes Page

What To Look For In A Great NYC Real Estate Broker Show Notes

The John and Jonathan Sell NYC Podcast: Episode 17 (Re-Release Episode 31)

Welcome to the John and Jonathan Sell NYC Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.

What To Look For In A Great NYC Real Estate Broker

In this episode, John and Jonathan discuss the essential qualities every good NYC real estate broker has, and how to know if you should make a switch. Experience and technical knowledge certainly play a part in a market as complicated as NYC, but there’s a lot more to finding the best broker for you.

What To Look For In A Great NYC Real Estate Broker

In short, because buying and selling real estate in New York City is very complicated. It can be arduous, time-consuming, and frustrating, Working with a veteran real estate broker who can anticipate any hiccups will absolutely pay off in the long term.

  • Be sure to vet the individual broker or team AND the brokerage that they are associated with (in our case, Corcoran). This will allow you to know that the brokerage has vetted your broker or agent on top of your evaluation of them since the larger brokerages like Corcoran will only allow veteran, experienced agents, or those that come highly recommended, to work with them.
  • It’s important to work with someone that you trust. Honesty is always the best policy, and that is non-negotiable in real estate. Your broker will likely know more about your financial profile than anyone else in your life, so you need to be sure you can trust them to keep your best interests in mind.
  • Work with a veteran broker who has been through similar markets to the one that you’re buying in – if it’s a buyers market, ask your broker about another time in their career when they experienced a buyer’s market, and what they did to help transactions succeed.
  • Work with someone that listens to you. If your agent is showing you properties that are out of your price range, consider switching. If they won’t listen to you about price, they won’t listen in other places.
  • Look for someone that will treat you exactly the same, no matter the price point. If you are spending $400,000 or $4M. Price should not change the level of service you experience.
  • Your broker should value your relationship. They should be honest, passionate, hardworking, and constantly showing you how much your relationship means.
  • You can always change your mind. If your current broker relationship isn’t working out, it’s 100% okay to switch to someone else. Be upfront and honest with them, and then part ways.

Resources Mentioned In This Episode:

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