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A fully licensed real estate firm, representing buyers: that's Harlem Lofts, Inc.
Our focal area in New York City is Upper Manhattan. We are involved in numerous
transactions in this area, and subsequently, we can appreciate the need for buyer
representation. Because of the unique status of some properties in the area coupled
with the current real estate market, an experienced Buyer Broker is vital. When
acting as a Buyer Broker, all of our efforts are directed to finding the best property
with the best terms for you - the Home Buyer.
Buyer Brokers are legally obligated to their clients. This means our brokers advise
you on strategy, protect your interests to the best of their ability, preserve your
confidentiality, and bargain hard on your behalf. Most people assume that when there
are two agents involved in a transaction, one is representing the buyer. This is
one of the biggest misconceptions in real estate today. Unless you have retained
a Buyer Broker in writing, real estate agents have a fiduciary duty to the seller.
You are considered a customer, not a client. So legally, both agents represent the
seller. See the Agency Disclosure issued by The Department of State for more details.
Only a Buyer Broker can guarantee to represent you in your home purchase.
Only a Buyer Broker can guarantee to negotiate on your behalf.
A Buyer Broker provides you with facts related to value, market/neighborhood conditions,
and obvious physical defects of a property.
Listing Agents or any real estate agent that is not a Buyer Broker legally represents
the seller, not the buyer.
Our job is to negotiate for you the lowest price on the best terms and more importantly,
point out areas of risk that may otherwise be ignored because we assume the responsibility
to disclose all we know to the buyer.
A listing agent may not tell you about certain things that would be detrimental
for the buyer because they work for the seller.
We can recommend financing alternatives because we work for you.
As your Buyer Broker, we have a legal and ethical obligation to put your interests
first.
As an experienced Buyer Broker in Harlem, we are familiar with circumstances indigenous
to this area, such as certificates of non-harassment, SRO status on a potential
property, and Class B apartments.
As a Buyer Broker in the Outer banks, we are familiar with specific insurance requirements
needed for properties located at the beach.
The brokers of Harlem Lofts live, work, and invest in Harlem. We participate in
community boards, block associations, and support local shops and restaurants. We
open our doors to historic home tours and stay abreast of changes in the community.
We use local businesses, tradesmen, and professionals whenever possible. We stay
involved in our community at every level.
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