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If you're thinking about buying property in New York City, the buying process has changed in important ways over the past year. In this video, I revisit a conversation I previously had with a client about purchasing in NYC and provide an updated perspective on what buyers need to understand today. We discuss several key updates including: • Buyer representation agreements • How buyer’s agent compensation is now structured • When buyers may need to cover agent commission • Clarity on down payment structure and what buyers should realistically expect • Why preparation and strategy matter more than ever • What today’s NYC buyers should expect before making an offer Whether you're purchasing a condo, co-op, or simply exploring your options, understanding the current structure of the market is essential before you begin. If you're considering buying in New York City and would like to discuss the process or explore your options, feel free to reach out. I’m always happy to walk buyers through what the process could look like based on their goals and timeline. Janet Temidayo Compass Real Estate janet.temidayo@compass.com