There’s nothing better than turning the key in your dream home or putting your feet up after years of hard work flipping a property. Most people engage with real estate at some point—but the number of those who realize its potential is much lower. When done right, property can open the door to prosperity or at least an idyllic pied-à-terre.
Whether you’re a first-time homebuyer, a high-net-worth individual looking to maximize your money, or an athlete looking for the perfect base, your real estate aspirations are within reach. But how do you ensure you’re primed for prosperity from the beginning? One real estate agent who works with seasoned homebuyers and empty nesters has the answer.
Sylvia Edwards is among New York’s most multifaceted professionals. As a NY Notary Public and Licensed Real Estate Salesperson serving first-time buyers, high net-worth individuals, athletes, and more across Manhattan and Brooklyn, she knows how to meet the needs of diverse and discerning clientele. Here’s how you can combine with your agent to reach a rewarding resolution:
1. Set up for success
“My first tip is to be prepared,” Sylvia states. “We all need each other in this transaction—it’s one big puzzle. The deal doesn’t get done without all the pieces coming together for each party to be happy.”
While getting pre-approval and outlining your goals is a crucial preparatory step, you also need to grasp the essence of the real estate process.
You’re not working against the seller or their agent—they’re your ticket to an effortless transaction. Having worked in various facets of the real estate industry from an early age, Sylvia views herself as a collaborator, aiming for the same outcome as lawyers, mortgage brokers, title companies, and even her selling counterpart.
2. Spend within your safety net
It’s easy to get carried away when viewing the pied-à-terres of your dreams. But keeping your aspirations in check is vital: “Know your financial parameters.”
“Flexibility is the key word when acquiring a home in Manhattan,” Sylvia explains. “Various options exist, whether you are in the market for condos, co-ops, or new development. Allowing a knowledgeable broker to guide you through the process is paramount.”
It’s understandable to set your standards high when making one of the most significant purchases of your life. But the reality is that a good location, a picturesque property, and extensive outdoor living space don’t come for free. Your budget and needs should co-exist to secure the best of both worlds.
3. Pay attention to your professional
“Listen to your broker,” the luxury market specialist advises. “They are your parent through this process—you didn’t want to listen as a kid, but now, as an adult, you realize they were right all along.”
Your chosen professional should have the credentials and qualities to meet your expectations for your first home. Sylvia is an Accredited Buyer’s Representative (ABR) and has established herself as a leader in the residential market through attentive listening and invaluable guidance. For example, if a client comes to her looking to sell but the investment will be worth more in a year, she puts people over profits and encourages them to hold off.
4. Establish your essentials
Identifying what you want from a transaction is always necessary. But clarity can be a tool to skyrocket returns for investors, high-net-worth individuals, and athletes.
“For seasoned buyers in New York, know your must-haves,” Sylvia says. Her approach is about managing expectations and quelling doubts using the skills she has honed since the beginning of her career.
The agent has found a niche in investors and those buying pied-à-terres. She’s adept at creating lucrative investments because she can focus on the bottom line and assess the transaction objectively.
5. Lock down your locality
If you target your investment to a specific area, your real estate experience will be much more straightforward: “Know the areas you are most interested in.”
Sylvia Edwards offers a unique benefit for high-net-worth individuals and public figures like athletes. She’s a Certified International Property Specialist with a remit that extends beyond The Big Apple to Antigua and Barbuda.
She’s also a Certified Senior Advisor, which means she can cater to empty nesters looking to downsize from the bustle of Manhattan to the serenity of The Hamptons.
6. Keep up with the current context
You might know the place and the kind of property you want to invest in, but you may not have realized that your whole plan depends on whether that move is viable in the current market. That’s where an experienced agent comes in.
Trends are pivotal in your investment’s performance or whether a purchase is worthwhile, but regulations are equally significant. Sylvia stays up to date with both, providing a fiduciary duty backed by the latest technology to ensure her clients have a strategy fit for the current market.
Sylvia Edwards’ career illustrates the layers involved in every real estate transaction. The principles are the same whether you’re eyeing a high-flying Manhattan condo or a prime piece of Brooklyn property. Set your expectations in advance and manifest them with help from the best real estate agent in New York for your ambitions.
