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  #1  
Old 07-05-2007, 02:04 PM
nyc999 nyc999 is offline
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Default Re: I want to own not rent

[ QUOTE ]
This is often right to a degree, but not necessarily. I'm in the SF Bay Area (very expensive market, too) and have seen a bit of this. If this is the case, then keep looking. If you're a puss about standing up for yourself, they will run over you. If you let them know that you are new the market, a good realtor should understand that you may buy other houses in the future - and maybe if they're lucky you'll call on them.

A young realtor should be hungry for business. Seek them out, but make sure they're with a decent outfit (Coldwell Banker, Century 21, etc).

[/ QUOTE ]

Coldwell Banker, Century 21, etc. don't exist in NYC - it's a completely unique market from that perspective. I'm not worried about being run over, etc., and I've never seriously considered buying in NYC. But my limited interaction when exploring purchases and when I've tagged along with friends who are buying led to my assumption.

In my experience renting, I've literally walked out of offices on 3 or 4 separate occasions.
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  #2  
Old 07-05-2007, 02:12 PM
nyc999 nyc999 is offline
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Default Re: I want to own not rent

Wow, there are two buying vs. renting threads. Meant to post my NY-related rent vs. buying stuff in the other thread. Oh well.
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  #3  
Old 07-05-2007, 02:29 PM
DMC0627 DMC0627 is offline
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Join Date: Apr 2007
Posts: 250
Default Re: I want to own not rent

Realtors often can hook you up with a mortgage person to see what you may quality for. The first step I would take would to be to call a respected bigger agency and meet with someone. I am not sure how it works in all areas, but in my area, people do what they call "floor" duty.

These are ususally the newer agents that don't have a lot of activity yet, so it is their way to get business. Usually, these newer agents will be happy to meet with you and go over your situation, to help connect you with someone who can prequal you for a mortgage, etc. Once you find out what your price range is and monthly avg payment would be (even if you quality, you have to be sure you are comfortable with the payment) you can go from there.

Good luck
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  #4  
Old 07-05-2007, 02:37 PM
J.A.Sucker J.A.Sucker is offline
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Join Date: Sep 2002
Location: I rate to be the kind of guy who knows the odds...
Posts: 3,061
Default Re: I want to own not rent

[ QUOTE ]
[ QUOTE ]
This is often right to a degree, but not necessarily. I'm in the SF Bay Area (very expensive market, too) and have seen a bit of this. If this is the case, then keep looking. If you're a puss about standing up for yourself, they will run over you. If you let them know that you are new the market, a good realtor should understand that you may buy other houses in the future - and maybe if they're lucky you'll call on them.

A young realtor should be hungry for business. Seek them out, but make sure they're with a decent outfit (Coldwell Banker, Century 21, etc).

[/ QUOTE ]

Coldwell Banker, Century 21, etc. don't exist in NYC - it's a completely unique market from that perspective. I'm not worried about being run over, etc., and I've never seriously considered buying in NYC. But my limited interaction when exploring purchases and when I've tagged along with friends who are buying led to my assumption.

In my experience renting, I've literally walked out of offices on 3 or 4 separate occasions.

[/ QUOTE ]

There's still well-known realtors for the City. You know who they are, even if I don't. c'mon. Other than that, I'm glad that you're willing to stand up for yourself - most people don't. You must be willing to control the terms and take your time when looking for a place, otherwise you will get screwed.
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  #5  
Old 07-05-2007, 02:46 PM
turnipmonster turnipmonster is offline
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Join Date: Jul 2003
Location: ain\'t got no flyin\' shoes
Posts: 6,353
Default Re: I want to own not rent

sucker is right, wide variety of agents even working out of the same office. the guy we went through was great and was really helpful, but other people from the same office wouldn't give us the time of day earlier in the same year. this was cocoran btw.
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  #6  
Old 07-05-2007, 04:38 PM
jbrent33 jbrent33 is offline
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Join Date: Jan 2006
Location: About a mile out
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Default Re: I want to own not rent

Van down by the river
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