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Dipping My Toes

While surfing StreetEasy, I noticed that there was a new two-bedroom apartment listed in my ideal neighborhood. The price is absolutely ridiculously overpriced though I was curious and wanted to see the apartment in person. I knew from past experience that the apartment looks much larger usually in person than they appear on line. I clicked the call the agent feature on StreetEasy and I was connected to a Broker name Owen. Owen isn’t the listing agent however he would meet with me at the property and offer me guidance, realtor services if I needed to make an offer.  I wasn’t going to make an offer.  Firstly, the property was ridiculously overpriced.  Secondly, it was small.  The apartment opens into a small foyer where you can see the living/dining area. Left of the foyer was a retro pink bathroom, then a master bedroom with two nice closets (one of them a walk in).  The second bedroom is actually I half bedroom right off the kitchen. Owen made a point of telling me that the kitchen cabinets were granite. Needless to say, I wasn’t impressed. I couldn’t get over the price.  

Owen and I spoke a few minutes later outside the property, where he made his realtor pitch. He asked if I was pre-approved and I said no. I said this was my first time searching in more than a year. He starts to tell me that the apartment was actually a good price but then again, he added, he has never worked with any coops before. He used to listing and showing houses. He has a potential listing next week (a two bedroom coop a few blocks away) and asked me if I wanted to see it and I said yes. Then he tells me that both apartments will go fast. There is something about people who work off commission that I find deplorable, pushiness.  I was put off. I asked him with all honesty, “If I was your daughter, how much would you tell me to offer on this property”. He quoted me a price that was $40,000 less than the asking price. I tell him that I still don’t believe that the apartment is worth that much. He asked what was my budget and I quote him 2x times my current 9 am to 5pm salary. I mentioned to him that I also had a side hustle with income that fluctuates each month. But I wanted to stay in a comfortable price range due to my monthly bills which includes student loan repayment, car insurance and car loan payment.  Owen basically tells me that I was being too cautious and now was the best time to buy.  His tone did not impress me much. Right now, I don’t think I will be working with Owen, however I will look about getting pre-approved and start back on my home search journey. I will keep you posted. 

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Welcome to My Blog!

Hello, my name is Marissa. I’m new to blogging. I don’t have a degree in design and I’m not a professional decorator. I just love decorating.
I love home improvement and design shows. I love HGTV and 
My favorite shows are House Hunters, The High Low Project, The Property Brothers, Love It or List It and Property Virgins.
I’m also in the process of buying my first home, a cooperative apartment in Brooklyn, NY. Buying a home is a giant step but it’s also an expensive one too.
I have big plans for my first home. However I'm now realizing that most of the work I planned for the home, I can't afford.
I have been looking for a home for several years, but seriously looking for about a year. Most of my friends live in Brooklyn. I live and work in Brooklyn so it only made sense for me to stay here. But Brooklyn real estate is not cheap.
My Coop wish lists were: a two bedroom apartment, with lots of closet space, natural light and windows in the kitchen and bathroom. I…