My experience with NYC brokers
After constant struggles to find an apartment without a broker, I gave up and decided to get one. Worked with two terrible brokers, who made my life miserable, showing me apartments that did not fit what I was looking for. Finally, the third one was an honest and helpful woman who I would recommend to anyone. I would not like to advertise here, but if you are interested in knowing with whom I worked with (both the bad and the good ones), feel free to pm me.
Why anyone would you use a broker if they already live in the city is completely beyond me. It's just like pissing away thousands of dollars. If you don't live in the city its completely understandable - but if you're from the area and start your search in earnest I've found it's pretty easy to find a place independently.
I hate real estate brokers, they are the scum of the earth.
I hear ya, I am not in the city and if I was not in a time crunch I would have never used a broker.
One reason to use a broker is to rent a condo/coop from an owner. Most of these are listed by a broker and even if you don't have a broker (i.e. You just call up the listing agent) you are still on the hook for the broker fee (although you have some room to haggle as always). NYC is terrible with brokers, in most other cities the landlord pays the fee, but not in NYC.
Good NYC Brokers (Originally Posted: 05/04/2008)
Could anyone recommend to me a good broker with listings in Midtown? Please PM me his/her name.
Could you please PM me the same info? Thank you!
Moving to NYC—Advice on Brokers (Originally Posted: 05/27/2014)
WSO,
I'm an incoming IBD analyst looking into the Murray Hill market with two roommates. Know this gets tossed around a lot but I was hoping for some advice on specifically finding a good, reputable broker. What's the best way to seek out a good shop/broker...forums and Yelp can't be too reliable, can they?
Would really appreciate recommendations or general advice on how you all found your broker(s). Thanks in advance
(And please don't suggest no-fee. Already been trying it and I personally feel it's not worth the hassle in dealing with the sketchy BS out there.)
Homie, this isn't Reminiscences of a Stock Operator days. You don't need to look for a broker based on distance. You wonder why Broker Tinder isn't a thing?
I found mine by going to nakedapartments.com and looking at apartments that Would fit what I was looking for. I emailed the broker with the listing and we started talking about my options. When I came to the city for a job interview, she drove me around and showed me rentals. I didn't get anything that she showed me that weekend, but she kept sending me pictures and video of apartments she had and I was able to secure it that way.
So that's how I did it.
Brokers are a dime a dozen. None of them are really going to do anything different from the next one unless you get extremely lucky. Just remember, they get paid the same if they show you one apartment or if they show you 30, so get your monies worth and look at a few before deciding.
The downside to that, is that the RE market here is FAST. You can be shown an apartment and by the time you even make it to the next apartment to look at the first one is already off the market. That pretty much happened to me. I decided on an apartment and by the time I put in my application (later that day) someone else got theirs in before me.
The no-fee apartments aren't sketchy BS. Usually this is when the apartment building pays the broker the fee instead of you as this way they should theoretically get a better tenant. They're actually a lot more common among nicer buildings so I don't know if that will suit your and your roomates expectations or not but just because it says no fee doesn't make it sketchy. Urbanedgeny.com is a great place to look for those types of apartments. I'm not suggesting you look for a no-fee, just explaining it a little bit.
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