Active Rain Yuck it Up, Foreclosure Lawyers. Yuck it Up. New York State has something known as settlement conferences for homeowners facing foreclosure. It is a good law. Distressed borrowers can go to the courthouse and meet with lawyers of their lender face to face in front of a judge or court appointed referee. The referee is there to make sure that the bank is […]
Active Rain On ARG’s Announcement to Pull Their Listings from Syndication Inman news is reporting a Youtube announcement from ARG (Abbott Realty Group) that they are not  permitting their listings to be viewed on 3rd party syndicators such as Zillow, Trulia and even Realtor.com. The link is already behind Inman‘s paywall so I have embedded the video below. This comes in the wake of a similar […]
Active Rain How the “Buyer’s Market” Mentality is Hurting Buyers I have written before on what a buyer’s market is and what a buyer’s market isn’t. Westchester County and our surroundings are a sought after destination; even if a home has been on the market for a year, once the price is right it will sell. I wish I could impress this upon a few […]
Commentary What is it About Real Estate Agents and Dogs? This is one of those topics I have been meaning to write about for a dog’s age (sorry) and I finally have the time and inspiration to do just that. It is my view that an inordinate percentage of real estate agents are dog lovers. Canine devotees. Poochophiles. And they aren’t just dog owners, they […]
Active Rain Obama Housing Fix: Live in Your Car I’m seldom political-I’m a capitalist, not a ideologue- and while I like President Obama, I have to say that I am incredibly disappointed by the State of the Union speech this evening for one good reason: he barely touched on housing or what he’d do to fix the industry. It is among our biggest problems […]
Active Rain Why We Remain an Independent Brokerage Let me preface my words clearly that I have no beef with franchises and treasure my many colleagues at other firms, large, small, independent and corporate. Everyone should hitch their trailer to the train that they feel best about.  My choice is that of an independent broker with no franchise or corporate affiliations because that […]
Active Rain What the Meaning of “As Is” Is in Real Estate With apologies to Bill Clinton.  My firm sells a wide range of properties: upscale 7 figure estates right over to a $7500 trailer. Among our niches is the area broadly described as the distressed property market. This could vary from short sales to bank owned foreclosures to property that is owned free and clear but […]
Active Rain I Hope I Blow it 100 Times More This Year! Tonight was the installation party for the Hudson Gateway Association of Realtors. Executives and directors of both HGAR and the Empire Access MLS (EAMLS) were sworn in for 2012, along with drinks, dinner and dancing. This will be my 3rd term as MLS Vice president, and it doubled as date night for me and Ann.  […]
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Active Rain 2011 Westchester Real Estate Market Wrap Up: Dead Cat Bounces and the New Normal Month by month, I have watched the 2011 Westchester Real estate market in comparison to the same month in 2010 to see how we’d stack up. Would values rise? Would transaction totals improve? 2011 started out behind the curve compared to 2010, but my theory was that 2010 started out artificially high due to the […]
Active Rain Market Share: a Definition What is market share in real estate?  Market share could mean percentage of closed transactions in a given area. Market share could mean the percent of closed dollar volume in a given area.Market share could be the amount of inventory for sale in a given area.  At around 11am today, market share took on a different […]
Active Rain Back to our Regularly Scheduled Programming No one has asked me to, but I have taken down the post on the Hoax. I think I had a right to be critical of the way they handled this in Seattle, and I do think that we are owed an apology, but I also feel that the passions stirred are not going in […]
Active Rain Real Estate Transactions are Stressful Enough, Then Add Foreclosure *POP* I remember the conversation like it was yesterday, even though it was 1997 or 1998. The typically sweet, warm and cordial client and I were discussing our next move on a purchase offer, and I was advising them against what struck me as making a rash response. “Well if you don’t agree, Phil,” she said […]
Active Rain The Little Things that Inspire I have a conference all day in Manhattan tomorrow, so my Sunday was even busier than usual. At 9am I was at a kitchen table, discussing the next move for a new client. I seldom need “extra” motivation to get the job done for folks- I have 4 kids and a company to run. But […]
Active Rain A Good Sign of Progress I’ll be the first person to admit that I do a crummy job of leveraging my database of past clients. We don’t have any regular communications like newsletters or emails, and that is a lost opportunity. The company will be 7 years old this June, and by that time I will have a good system […]
Active Rain ARE YOU USING “BANISHED” WORDS IN YOUR SALES OR MARKETING? I am a huge fan of the Lake Superior State University Banished Words list. It is an annual survey of overused words and perusing past lists gives some insight into the pop culture of the time. Things like this really scratch that BA in English itch I get sometimes!  Via Janet Jones, Kihei, Maui, Hawaii […]
Active Rain What Does $350,000 Buy in Yonkers? What can you buy in Yonkers for $350,000? So glad you asked. I happen to have a fresh example of just such a home that closed earlier today for $350,000 right in Yonkers a stone’s throw from Bronxville. The property is a charming Tudor with loads of awesome, pre-war appointments like leaded glass windows, classic […]
Active Rain RE BarCamp Is in New York City January 9th! My pals at the Lucky Strikers Social Media Club will be putting on the 2012 edition of Real Estate BarCamp this Monday, January 9th from 9am to 5 (ish) at Simple Studios at 134 w 29th St in Manhattan. If you are a licensee and have never been to a BarCamp, you should check it […]
Active Rain And it Felt Damn Good
Active Rain In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono This past Memorial Day I wrote a post entitled Memorial Day 2011: Giving Back To a Veteran in Need. In it, I announced that my company would sell a home for a US service veteran facing hardship for zero commission. My father was a veteran of World War II and Korea, and I asked for […]
Active Rain State of J. Philip Real Estate, 2011 Edition Another year has come and gone, and the real estate industry continues to plug along under the malaise of the housing downturn that has yet to hear the word “recovery” since the 2007 Sub Prime domino was the first to fall. Our firm was only 2 at that time, and we are still standing. Actually, […]