If you’re looking to sell your New York City home, one of the best tools you can add to your arsenal is partnering with a trusted local real estate agent. The real estate market in New York City is competitive, and selling a home is a complex process.
A trusted local agent with a top real estate brokerage in New York City can help you demystify the process and get you the best value for your property when it hits the open market.
As of August 2024, the average days on the market in New York City—that is, the time it takes for a home to sell once it has been listed—is 69 days. Homes typically sell for a median of $800,000, a 0.36% decrease from the previous year.
This guide will provide you with a list of local trusted agents in your area from top brokerages or real estate companies in New York City, along with some alternatives to consider, particularly if you need to sell your home fast.
Partner with a Top New York City Agent
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Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of specific companies or individuals should not be considered endorsements.
What is a real estate brokerage?
Real estate brokers are professionals with additional training and are licensed to run their own businesses, called brokerages. Agents without a broker’s license must work under a brokerage to legally buy or sell property and typically do so as independent contractors. Most brokerages make money by taking a portion of the agent’s commission from each successful transaction.
Since brokerages profit from agents’ success, it’s in a brokerage’s best interest to support its agents. For sellers, it’s important to consider the kinds of support that a brokerage provides its agents.
This support can often include training, access to large marketing networks, the latest technology, or a large support staff.
Why work with an agent?
There are several reasons why you should consider working with a real estate agent when selling your home rather than selling on your own.
One of the biggest reasons is that selling your home “for sale by owner” will typically net you less overall profit than selling through an agent—23.5% less on average, according to the National Association of Realtors. FSBO homes sold for a median price of $310,000 last year. In comparison, homes sold with the assistance of a real estate agent had a median sale price of $405,000. That’s a difference of $95,000.
Additionally, a real estate agent can help you get more money for your home sale but can also help you wade through a lengthy and complicated sales process.
An agent is your advocate for both you and your property, and they can provide insight into their local market or assist you in finding a real estate attorney who can deal with any unexpected complications that might occur.
List of Top Brokerages in New York City
Not all brokerages and agents are created equal, and there are countless options to choose from. Rather than wade through an endless list of companies, we’ve compiled a list of some of the top real estate brokerages in New York City, along with some top real estate agents, for you to consider on your home-selling journey.
Houlihan Lawrence
Houlihan Lawrence has been in business since 1888. It has 32 offices and 1,450+ agents across New York and Connecticut. The company prides itself on a data-driven approach to the real estate market.
Tony Murphy is a top real estate agent in Yonkers, New York, with Houlihan Lawrence. He has over 20 years of experience and over 800 transactions to his name. He serves markets across New York and sells homes 61% faster than the average Yonkers agent.
Compass
Founded in 2012, Compass has been one of the largest U.S. residential real estate brokerage by sales volume for three consecutive years, with $184 billion in 2023, according to RealTrends. Despite a 15.5% drop in transactions due to rising interest rates, Compass performed better than the national average decline of 18.7%.
Headquartered in New York City, Compass operates over 300 offices across 72 markets, with a strong presence in major metros. Compass has around 14,689 principal agents.
Dylan Hoffman is a top New York real estate agent with Compass with over 20 years of experience. His homes sell for an average price point of $1 million. Hoffman serves customers in Brooklyn, New York, and Long Island City.
RE/MAX In The City
RE/MAX In The City is a RE/MAX affiliate located in Riverdale, New York. It serves customers across Washington Heights, Manhattan, East Bronx, Long Island City, Yonkers, North Riverdale, and South Riverdale.
Chintan Trivedi is a top real estate agent with RE/MAX, serving customers across the New York area. He has over 700 transactions under his belt and is an expert in single-family homes, working with over 85% more single-family homes than the average Bronx agent.
Double C Realty
Double C Realty has extensive knowledge of the Yonkers, Lower Westchester, and Bronx, New York, areas and will work with experienced investors, newcomers, and everyone in between.
Kieran Dwyer is a top real estate agent with Double C Realty with over 15 years of experience. He has completed over 850 transactions and serves customers across Yonkers, the Bronx, and surrounding areas.
Howard Hanna | Rand Realty
Rand Realty has over 1,200 local agents with offices throughout the Tri-State; in Rockland, Orange, Westchester, Putnam, Dutchess, and the Bronx Counties in New York, Bergen, Essex, Hudson, Morris, Passaic, and Union Counties in Northern and Central New Jersey, and Fairfield County in Connecticut.
Trudi Iglesias is a top local agent with Rand Realty. With over 20 years of experience and over 500 transactions to her name, she serves customers across New York, including Yonkers and White Plains. Iglesias is an expert in working with single-family homes, having worked with 86% more single-family homes than the average Yonkers agent.
HomeLight’s Buy Before You Sell Program
Let’s say you’re ready to sell your current home, but your dream home pops up unexpectedly. You don’t want to wait for your current home to sell as you might miss out on a great opportunity, so what can you do?
Enter HomeLight’s Buy Before You Sell Program. This program lets you leverage the equity in your existing home so that you can move into your new forever home without delay.
Here’s a quick look at how it works:
Start Making Offers Without Waiting to Sell Your Home
Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.
Ready to sell your New York City home?
Selling your home can be a scary and complicated process, but don’t worry—HomeLight is here to help.
Whenever you’re ready to get started, HomeLight can connect you with a top real estate agent in your New York City market. We’ll help you find the best agent in your area—one equipped with the expertise to build a selling strategy that works best for you, whether selling an inherited home or relocating for your next journey as a homeowner.
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