First-Time Home Buyer Agent in NYC

Why a buyer's agent costs you nothing in NYC

In New York City, the seller pays the full commission, which is then split between the listing agent and the buyer's agent. That means having your own agent — someone whose only job is protecting your interests — comes at no out-of-pocket cost to you.

Going in unrepresented doesn't save you money; it simply means the listing agent, who works for the seller, is the only professional in the room. First-time buyers benefit most from having an advocate.

Co-op vs. condo — what first-timers need to know

Most NYC apartments are co-ops, where you buy shares in a corporation and must pass a board interview and financial review, often with strict debt-to-income limits and post-closing liquidity requirements. Condos are more flexible and financing-friendly but usually cost more.

We help you understand which makes sense for your budget and timeline, prepare a board package that gets approved, and avoid buildings with red flags like underfunded reserves or high flip taxes.

Budgeting for the real cost of buying

First-time buyers are often surprised by NYC closing costs — the mansion tax, mortgage recording tax, attorney fees, and title insurance can add several percent to the purchase price. We walk you through the full picture up front so there are no surprises at the closing table.