Whether you have years of experience as a real estate agent or are just starting out in the industry, you may be wondering what type of real estate you should specialize in- residential or commercial. 

Both residential and commercial real estate both present potential pros and cons for an agent’s career and have different qualifications to succeed. In addition, one type of real estate may work better for one agent over another based on their experience and personal characteristics. 

When considering moving to a new space, you may find yourself debating whether you should buy or rent. Specifically in New York City, renting has become the more popular option. However, is it the wiser choice? At SPiRALNY, we don’t think so.

While renting may require less upfront costs, buying an apartment is the better long term decision. Over time, your property will gain value and help you save money, not to mention the pride of owning your own space. Here are a few reasons we at SPiRALNY recommend buying a home, rather than renting.