Something I read on Facebook earlier made me just a little sad. Chris Somers asked for opinions on the banks’ role in the downturn versus the borrowers, and one of the comments was just callous. This isn’t the first time I’ve heard it. I just wish it were the last. Rather than get into a […]

To the guy who thinks it is clever to inquire on one of my listings as if he were an interested buyer, only to pitch me  that he is an Internet search firm and can improve my search engine rankings: I will never, ever do business with you.  I really get pinched by the false […]

I have written before on real estate investor mistakes, and one of them is worth expanding on. It is little discussed, but if an investor buys a property for rehab and resale, there is more than a simple margin to be focused on. The investor should also be guided by a realistic timetable.  All too […]

I’ll never say never, but this evening I had to explain to a seller client why I was unwilling to take a listing for only 90 days. I fully understand the reason why sellers want to hold their agent’s feet to the fire and ensure that they aren’t stuck in a long term contract with […]

Growing up in Ossining, even though I went to Catholic schools after 1st grade, I always got the connection between the local history and the high school mascot, the Ossining Indian. We were told of the Sint Sinck heritage, stone on stone, and how the high school teams were emblematic of that history. That changed […]

A brief rant on agent Feedback, which, as I have said before, is often an excercise in futility. If an agent is kind enough to email back feedback on on of my listings, “call me” is not an option. Our Feedback system is online and my clients get cc’d on all submissions. I don’t need […]

I have read with some interest on the recent blogging debate on how much we should cross polinate business with our personal lives. On one side you have people who feel it inappropriate to be very forthcoming about family and personal matters in a professional relationship, and then there are folks who see being open […]

How can a kid that cute make that much… Given my work schedule, sometimes we kill two birds with one stone: we pile all 4 kids into the car with a sign and a lockbox, and drive out to a new listing so Dad can put up the sign and install the lockbox. Then we […]

The joke among many in my area is that many forms of networking are called “notworking.” I could attend a networking event almost every day, nurse a cocktail, wear a nametag, and converse with fellow agents about life, the universe, and everything, but that doesn’t necessarily mean it generates business or helps me sell one […]

What can you get in Ossining for $741,000?  If you acted fast, you could have gotten a gorgeous 2002-built colonial in Waterview Estates. Here’s what it had under the hood: a level half acre lot backing up to wilderness (General Electric-owned reservoir), exquisite landscaping, a lawn sprinkler system, a wrap around porch and a 2-car […]

Earlier this year, I wrote a piece on how the 2011 market was starting out far slower than the same period in 2010. I qualified the statement with the prediction that 2011 might surpass 2010 later in the year, as early 2010 results were skewed by the stimulus.  Here’s how we are doing thus far:  […]

Labor Day is past us and school has begun. So I’ll rub it in a little and show you a cool photo essay of Rye Playland, Westchester County’s revered amusement park and home of a million happy memories.  As the sign says, Playland has been open since 1928. It is the only county-run amusement park […]

A few months ago, fellow blogger Susan Mangigian referred me to a high powered business woman who was looking to get into real estate. So, on a rainy April afternoon at Coffee Labs in Tarrytown, I had a nice discussion with Barbara Bartell about career in brokerage. It has been a circuitous route, but this […]

Ann and I have just put the four children to bed that we brought into the world after Osama bin Laden tried to ruin it. Watching the news recaps, tributes, and the name ceremony a short drive south today was painful for us, not because because we lost anyone (our loved ones were, fortunately, all […]

From 1996 through 2000, I sold real estate in Rochester, New York. I learned the business in a way very similar to the way real estate deals are put together in most other parts of the country. Here’s the typical chronology: The buyer makes an offer in writing on a boiler plate form jointly approved […]

Bidding wars are relatively rare in Westchester County except in those cases where the house is very special. Multiple offers are not uncommon, but having more than one offer does not mean the price necessarily gets bid up. Sometimes, when  we ask buyers for their best and highest, it can backfire and the competing offer […]

Upon occasion, we recieve a “contingent” offer on a listing. Most offers have contingencies, such as mortgage and inspection. But in Westchester and New York, a “contingent offer” is one where the buyer still needs to sell their own house (in nearby Fairfield County, CT it is known as a “Hubbard Clause”). Most of the […]

A recent post by Donna Harris got me to take this thought out of mothballs and share my view on a phenomenon I am witnessing out there in the market. We’ve heard of a “shadow inventory” of foreclosed homes that aren’t yet on the market. They are there, but they aren’t potential business until they […]