New York City really *isn't* like the rest of America: 69 percent of us are renters, 31 percent own their own homes. In the rest of the country, it's the reverse.
All tagged FAQ
Every real estate transaction involves trust, the firm belief in the reliability of the other party. Buyers must trust that the property is as presented by the sellers, who in turn must trust that the buyer can pay the agreed-to sales price when they say they will. And when a real estate transaction involves a real estate agent, the client places their confidence in another person. The brokers, inspectors, escrow companies, and everyone involved must trust each other to deal honestly and fairly with each other.
The answer is absolutely not.