NYC Real Estate Consulting is a consulting firm that makes sure that you aren't buying a lemon when you buy your next apartment or house in New York. The biggest challenge with buying real estate in New York, is that you really are on your own when making this massive purchase. Your only "friend" in the process is your real estate agent. But here is the problem...your real estate agent mostly cares about making the sale, they are not really your friend, you are just another buyer to them. They don't actually care what you buy or if you'll be happy with your purchase afterwards, they mostly just care that you close successfully and that they get their commission check. Because of this, they really have no incentive to look too much into the property that you want to buy. And even if they did, they simply don't have the time. Most real estate agents tend to be overworked, showing dozens of properties to numerous clients each and every day, and when they are not doing that, they are constantly on the phone, trying to find new buyers and sellers to represent. So it's not surprising, that they can't really research the property or the area for you (beyond just reading what was written by the sellers when they were listing their apartment for sale)...they simply can't, not when there are thousands of apartments and homes available for sale in New York. And why would they? If they do uncover anything too negative about the property that you are trying to buy, it would only sabotage their own sale and would lose them the commission. Real Estate agents are people too. And since a lot of them can go months and months without making a sale, and since they only get paid when you buy an apartment/house, that means going months and months without any income. And lets be honest, how hard would you really work to make sure you DIDN'T get a $30,000 commission? Probably not that hard. So, as you can see, it's imperative that you do your own due diligence before you make the purchase, and no, we aren't talking about just ordering a basic home inspection before closing. A basic home inspection is simply not enough, not when a home inspector only checks the physical condition of the property. When you are buying something this expensive, your due diligence needs to go quite a bit beyond that.
This is where our firm comes in. What we do, is independent unbiased research into your potential acquisitions in New York. Essentially, our service allows you to outsource your due diligence to experts that know the market and know exactly what to look for when doing their research. When we do our research, we find out all the things that matter, the things that you probably wouldn't even think to look at yourself (and if you did, you just wouldn't know how to go about finding a lot of this information). Our research is very comprehensive, our job is to look into everything. We find out if there is going to be a new building put up that will block that amazing view that you are paying all that extra money for or if there is going to be construction in the near future nearby that might make your property value go down as those apartments flood the market. We find out if the building has any issues like mold or bed bugs or rats that would send you running. We find out if there is a night club nearby that will keep you up at two in the morning with all the noise or if there is a fire/police station or a hospital that will annoy you to no end with their sirens. But we don't just stop there, when we say our research is comprehensive, we mean it...essentially our task is to look for every possible red flag and to find out everything that might make you reconsider buying the place (whatever that may be). This way you can buy the apartment/house, knowing that you are fully aware of all the potential issues, so you'll never overpay for the property. And since we are completely independent, and don't make a dime off you actually buying the place, you can be sure that we will be brutally honest and tell you exactly what you are getting yourself into if you do decide to buy.
Our mission is to make real estate buying in NYC a stress free procedure. You find a place or two or three that you love, you let us do our research to make sure that there are no hidden flaws or concerns, and once we do our investigation, you can then decide on whether or not the place is a great buy for you. Think of it as getting a second set of eyes to look over everything for you to make sure that the due diligence is done right (so that you can buy, knowing you haven't missed anything important). After all, our staff has a lot more experience than you do with due diligence, so they'll be quite a bit more comprehensive when doing their research. This means that we are a lot more likely to catch things that you would have missed on your own. When you use our service, you can be sure that you'll have all the details you need to know about your new apartment/house before you buy, which means you'll never have to second guess yourself or your purchase and will avoid having to deal with buyer's remorse. And since you'll be getting all this information before you close, you'll have plenty of time to decide whether the issues that we do find is enough to walk away from the deal or whether it's better to use it to negotiate a better deal before you agree to buy the apartment/house.
So whatever kind of property you are thinking of buying in New York, whether you want to buy a studio in a walkup, a one bedroom apartment in a co-op, a stunning penthouse in a luxury condo, a fancy brownstone on the Upper West Side or just a regular house in Brooklyn or even an entire building in Queens...NYC Real Estate Consulting is here to help you do your research and due diligence and to help you find out everything you'll need to know about the property before you make your decision.