As the former chair of the West Side Committee of the Real Estate Board of New York (REBNY), Rick Wohlfarth has helped set industry policy, so it is not surprising that within his own firm the highest professional standards are upheld. Honesty, integrity and personal trust are vital elements in all of the company’s dealings.

Wohlfarth & Associates, Inc., is a full-service real estate firm dedicated to satisfying the needs of residential and commercial clients in the purchase or sale of residential cooperative apartments, condominiums and townhouses in Manhattan. They also represent individual sponsors and corporations in a variety of real estate matters including relocation.

The highly educated, experienced and eminently skilled staff of associates of Wohlfarth & Associates, represents buyers and sellers with a dedication of purpose that is unmatched in the industry. They know that the world of New York real estate can be intimidating so, in effect, they become reassuring and trusted guides. Rather than taking a cookie cutter approach, every client and his or her property needs receives close personal attention from an industry specialist. A dedicated project team is formed to assemble and convey all information that is pertinent to each client’s special circumstances. Communications are responded to promptly and contact is constantly maintained, keeping the client updated on a regular basis. Marketing results are continually reviewed, and all information gathered is distilled in a straightforward fashion. In addition to the emphasis on superior personal service, the associates at Wohlfarth know that finely honed negotiating skills are essential to a successful acquisition or sale of property and they are masters. The emphasis on professionalism also extends to the meticulous preparation of all presentation materials for clients, for other brokers, for banks, and for boards of directors. As a result, Wohlfarth & Associates enjoys the respect of its peers in the real estate industry. !

BUYING AND SELLING STRATEGIES

Buyer’s Market

When someone in the market to buy property comes to Wohlfarth & Associates, we help determine how much he or she can spend. We then personally escort them to properties that fit the criteria they have set forth and update them regularly about contract and closing prices on properties they have visited. We take the time to educate clients about current market conditions, the impact of a building’s mortgage structure and financial history including major capital improvements, maintenance, and assessments, as well as the percentage of apartments already sold.
We also aid in obtaining the best possible financing by researching banks for the most attractive rates. In addition, we eliminate the anxiety generated in seeking board approval by gathering and organizing all of the necessary information and supporting documentation to submit to the board in a timely fashion.

Seller’s Market

For sellers who list with Wohlfarth & Associates, our goal is to get the highest possible price for the property with the best possible terms. We provide the most current pricing available through our computer network that includes up-to-date sales information, anticipated market direction, and personal appraisal of co-ops, condos, townhouses and lofts. For exclusive sales we immediately co-broke the property throughout the city with the help of our extensive list of close real estate industry contacts. Financially qualified prospective purchasers are shown the property by appointment only and are always escorted. All of the firm’s resources are available to our clients throughout the selling process including the negotiations with the purchaser and the steps leading to board approval of that prospective purchaser.

MARKETING & ADVERTISING

We provide a free market analysis using comparable sales in the client’s building and area to aid in determining the best buying or selling price. We then prepare and distribute very detailed customized client-tailored information packets to all Manhattan brokers. At the client’s convenience, we host open house afternoons or evenings for the public and targeted brokerage firms. In order to achieve the best possible outcome, Wohlfarth &Associates combines strategic high-visibility print advertising in prominent publications such as The New York Times, The New York TimesMagazine, New York Post, and The New Yorker, with beautifully-crafted color brochures, direct mail pieces including the wide distribution of the firm’s Newsletter, as well as through extensive personal communication. In addition, our property listing is available on line 24 hours a day on Wohlfarth.com, as well as on REALTOR.COM, the official web site of the National Association of Realtors, resulting in immediate exposure to all New York City brokers.

The Inside Track

Information is a powerful tool when it is based on thorough analysis and experienced assessment; it is essential in the world of real estate. Our firm’s high standing, the result of years of specializing exclusively in New York City property utilizing up-to-date information contained in a fully computerized data base, and our experience in a leadership position within the Real Estate Board of New York (REBNY), provides the Wohlfarth client with the relevant, timely, and accurate information on which to base his/her important real estate decisions. In addition to REBNY, we are members of the Rolex System, Manhattan Multiple Listing Service and the National Association of Realtors.

Our Goal

Experience has taught us that real estate transactions are not only complex from a financial and legal standpoint but they are also emotionally weighted. For many, choosing where to live is one of life’s most important decisions, and for some the prospect of change, even for the better, can be a daunting proposition. We invite you to bring us your concerns even if you are committed to nothing beyond investigating the prospect of buying or selling real estate. If you are ready and willing to buy or sell, the mission of Wohlfarth & Associates is to make all interactions pleasant, private and professional leading to the best possible outcome based on your needs and desires. Please do not hesitate to turn to us with your present or potential real estate concerns.