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J. Rubinstein Team |
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Want to Reduce the Stress of Buying a New Apartment? One-on-One Negotiations Can Make All the Difference. |
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In my January newsletter, I shared an observation that was long in coming. For the first time in two decades, it is seemingly no longer a buyer’s market or a seller’s market. I’m seeing a balanced market of opportunity for all parties. For February, I want to expand on this more equitable real estate climate – and focus on the stress-reducing benefits of one-on-one negotiations between the agents representing buyers and sellers. Let me explain. Frequently in the past – and it’s still happening – a seller’s agent would entertain many offers for a listing at the same time. For buyers, this creates an atmosphere of uncertainty as to whether their offer is being strongly considered – or if they should continue their apartment search. It’s a limbo-land – adding anxiety to the inherent stress of searching for a new home. A one-on-one negotiation strategy. In representing my buyer clients, I make certain that every offer I propose is sound and realistic – based on the latest comparable figures for apartments in the same building or similar neighborhood residences. Low-ball offers are invariably a waste of time. Whenever possible, I request the seller’s agent to consider no additional offers for up to 72 hours This one-on-one negotiation scenario allows all parties to carefully consider the offer and all financials – creating the most focused, unhurried and civilized deal-making environment. Experience makes all the difference. You want to have a seasoned pro by your side who understands the power of artful negotiation. Every client is unique. Every deal is unique. Years of experience make the road of New York City real estate a lot smoother – and rewarding for everyone. |
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NYC’s resi market closed 2024 on a high note |
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Manhattan notched contract activity gains in December, while new listings in Brooklyn doubled |
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My Newest Listings |
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New Development of the Month |
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Colette |
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Focus on Design |
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64 Home Office Ideas That Will Inspire Productivity |
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These fashionable and functional home office ideas will make you excited to sit down and get to work |
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Recently Closed Deals |
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34 North 7th Street, PH2B Off-Market Williamsburg PH Status - In Contract Prewar West Village Co-op Status - In Contract 643 Humboldt Street Greenpoint 5BD Two-Family Home Status - In Contract 24 West 30th Street, 6 Full-Floor 3BD Prewar Condo Status - In Contract 87 Irving Place, 2B Clinton Hill 2BR Condo Status - Closed 37 Quincy Street Clinton Hill 7BD Townhouse Status - Closed |
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This Month's Mortgage Rate Snapshot |
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*The rates below are based on a $3,000,000 Condominium Purchase with a 20% down payment |
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10-Year Adjustable Rate: 6.5% 30-Year Fixed Rate: 6.875%Data provided by Aaron Ritter of Citizens Bank |
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Q4 2024 Market Reports |
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Recorded Sales: |
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Justin Rubinstein is a 19-year veteran of the real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $1B in real estate transactions to date. Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, 56 Leonard, The Apthorp, One Madison, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise... read more |
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