Real estate · Reinvent NY glossary
A buyer's agent is a licensed real estate professional who exclusively represents the buyer in a property transaction. Their duties include property search, market analysis, offer strategy, negotiation, and guiding the buyer through closing. In most US markets, the seller historically paid both agents' commissions (typically 5-6% split). After the 2024 NAR settlement, buyer representation agreements are now required, and commission structures are evolving. Buyer's agents familiar with international clients can assist with Foreign National Loans, FIRPTA planning, and cross-border tax implications.
The four states international buyers ask about most: New York up 5.2% on the year, California at a 4.22% yield, and what Texas and Florida really cost.
Indiana, Missouri and Ohio in 2026: state gains of 3-3.5% on the year with yields of 5.75-6.61%, and the secondary cities quietly outperforming the metros.
Baltimore in 2026: a $192,669 typical value, $1,799 rents and an 11.2% gross yield — the highest on the Northeast corridor, and what the price is telling you.
Ohio in 2026: a $251,502 state median up 3.5% on the year, with Cleveland at a 14.13% gross yield and Columbus at 6.96% — and what separates the two.
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