What Does a NYC Real Estate Agent Do at the Closing?
Nick at Hauseit (https://www.hauseit.com) demystifies the role of agents during a NYC real estate closing. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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NYC real estate agents don’t have any real role or responsibilities during a closing. Prior to COVID-19, NYC real estate agents would literally show up to the closing just to collect their commission check. During and after the pandemic, this has largely transitioned to wiring commission funds and potentially mailing checks to the broker's office.
As in-person closings resume, you may see a broker at the closing, but they really don't do anything. They may mention something that came up at the walk through. Maybe a light bulb was out. But as it relates to solving walkthrough issues, that discussion is exclusively between the attorneys. In conclusion, don't expect to see your real estate agent at the closing of your NYC real estate transaction.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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