The Real Deal New York

NYC buyers’ brokers struggle in seller’s market

As inventory plummets, getting appointments toughens
By Katherine Clarke | August 13, 2013 10:30AM

From the August issue: In a city where only sellers’ brokers have exclusive contracts, representing a buyer is a tough job. And now it’s tougher than ever, thanks to the ongoing inventory shortage afflicting the New York City residential market.

With few new properties on the market, buyers’ brokers are having difficulty finding apartments to show their clients, since many apartments get snapped up even before they are listed online. [more]