We just went into contract on our first home today. I am beyond bamboozled why this process takes so long and is so complicated 🤯

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Because high school graduates with zero to little financial education act as real estate agents/brokers and control the market, and some of us who have supported billion dollar deals sign them up to help through the process helping them earn a fat 6% for god knows what.

likefunny

I dropped mine and bought a house without her, she brought zero value to the process and gave us misleading advice. One realtor even threatened us that we won’t be able to get anything done in the subdivision because she knows lots of people, mafia style…

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Because there is a lot of money involved and you want to be sure you know what you're buying.

If you don't care and are a cash buyer, you could close in a few days. But when someone else is fronting you the money, they want to be sure the property is worth the money they are lending you, and that you're able and likely to pay them back

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Yeah, the NYC market is a shit show. Not like almost anywhere else in the US. Took me 4 months to buy a coop in the City 25 years ago. Bought a house in Virginia in 30 days, signing the contract the same day as the offer was accepted. Because the offer is an actual contract.

Buckle up!

funny

What’s the rate you locked in for ?

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Yup

Same!!! We put in an offer on 6/14 and we might close 7/21

Yayyy we are closing on 7/21.

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