Commentary My Cell Phone is (914) 450-8883 This is one of those posts that I write for strictly therapeutic purposes, so please indulge me. Unlike some agents who keep their cell phones a state secret, mine is not. As a matter of fact, when I hear a licensee talk about how they “value their privacy” and prefer that their mobile number not […]
Commentary On Do It Yourself Real Estate. FSBO, No Buyer Agent- Smart? I have started to “vlog” or video blog, and this is something I recorded to day about an article in the Journal News on people trying to save money in real estate transactions by not using a broker. My comment on the article was as follows: You can save quite a bit of money by […]
Uncategorized Small World Sometimes. Very, Very Small. I am one of those brokers who vocally opposes the practice of using appraisers who do not possess local knowledge of the area they work.  I have seen too many sales scuttled by robotic, ill-informed appraisals which lack the context that local, more accurate information brings. Out of area appraisers often are less engaged, and […]
Selling Does Using Lock Boxes “Lower the Bar?” One of the Facebook discussion groups on real estate I frequent is the aptly titled “Raise the Bar” forum where we discuss best practices and making the industry better. Because real estate is local and customs and laws vary by region, opinions often vary. Many themes resurface from time to time, among them the the […]
Industry News On the Ending of Corporate Titles for Agents and Brokers Late last month, the New York Department of State issued an interesting opinion that effectively ended the practice of brokerages giving corporate titles such as “Executive Vice President” and “Managing Director” to their licensees. It was a practice mainly done in Manhattan (and we did name a VP once in full disclosure), and became so prevalent that it almost […]
Buying Buyers: I’m Not Lying About Other Offers on my Listing  Three times in the past two weeks, we have had listings go in bidding wars. Three times in the past two weeks, we have had buyer agents tell me that their buyer client did not believe me that they had competing bids. In each case,  those buyers all lost the house. In my own company, […]
Industry News Marketing Wars in the Twitterverse Inman News, the nominal online trade publication for the real estate industry, ran a contest last week for innovative marketing ideas on Twitter under the hashtag #MadRESkillz. It sounded like a bit of fun, and at the encouragement of Inman reporter Teke Wiggin, I offered a few of my own suggestions; I wrote about using […]
Company News The Broker’s Wife Among the pitfalls of running a business with your spouse is the perception that the less gabby prominent or public half of the team is any less important or vital to the success of the organization. I am sure that this is the case in some businesses where the missus or hubby help on weekends […]
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Market The Wind at Our Backs It has been weeks since I last updated this blog, and it isn’t writers block, indifference, or slow news days. I am busy. I don’t mean active, or experiencing the typical cyclical upswing of the spring season. I am busy. Really busy. I started the firm in late 2005, and it took me 9 months […]
Commentary The Blind Spot in Consumer Research We had our monthly company meeting today and discussed, among other things, how best to best help buyers in the purchase of their home. In the group discourse on what is important to a real estate consumer in 2013, the matter of consumer research was looked at critically. There are some basic truths: Brokers are […]
Industry News Hear it Direct, Forwarding the Real Estate Industry This past Wednesday I had the privilege of being one of the industry panelists at a unique real estate conference at the Papermill Playhouse in Millburn, New Jersey called Hear it Direct. The format had group discussions with six home buyers, six home sellers, and six Generation Y buyers & sellers to discuss their experience and insights in the […]
Commentary Think NAR Doesn’t Help You? Think Again. The National Association of REALTORS is the largest trade association in the country. Most member Realtors join their association because it means MLS access, and don’t quite get the benefits of membership. This isn’t to say that everything local, state and the National associations do is right; I have been a vocal critic  of NAR […]
Buying Grand Salami Home inspections are so important that, unlike most markets, local attorneys will not draw up contracts until they are settled. They are never a contingency of the contract in Westchester. Today we  had a home inspection on a property our clients had a recent offer accepted on, and it did not go well at all. […]
Commentary “Yours is the Hardest Business I Have Ever Seen.” Weekends are busy in real estate, so you can imagine the feeling when my head sank into the couch pillow at 6:20pm when I remembered that I had to drive to New Rochelle meet with a client I promised to see. My client is a retiree, and straight shooter as well, and our conversations are […]
Buying On Hovercrafts I was fortunate enough to be quoted in Business week in an article entitled Why Redfin, Zillow, and Trulia Haven’t Killed Off Real Estate Brokers.  I spoke with the reporter for what seemed like a good healthy duration on where technology is taking our industry, the significance of its impact on the consumer experience and how licensees ply their trade, […]
Uncategorized Latest Stats Out of Philly Main Line As the data below indicate, all is well in Villanova, Pa. I don’t hold a real estate license there, but a chunk of my heart remains. Go Wildcats. —————– Box Score for Villanova win over Georgetown   GEORGETOWN   VILLANOVA   Points 57 67 FG Made-Attempted 23-50 (.460) 16-34 (.471) 3P Made-Attempted 7-18 (.389) 5-10 […]
Market Statistics January 2013 Westchester Real Estate Market Shows Health Forget the fact that I’m busy. Forget the fact that we are seeing multiple offers far more frequently. Never mind that we have more buyers looking, more sales pending, and more offers being made. Ignore the 5 new construction listings the company now carries, which is an all-time high. Those are all anecdotal examples of […]
Company News Jenn Maher Joins J. Philip Real Estate It is with great joy that we announce the addition of Jennifer Maher to the J. Philip Real Estate family. Jenn is among the most respected and admired names in the Westchester and Putnam real estate community. She is a current Vice president of the Hudson Gateway Association of REALTORS,  Chairperson of the Putnam Chamber […]
Commentary I Am No Middle Man   AGBeat has an interesting article on how technology has eliminated many “middle men” from their respective industries, but that real estate brokerage has not been among the victims. It is a well done piece, and I agree that technology will never replace agents for many reasons. However, I do take issue with one thing: […]
Market Statistics 2012 Westchester Real Estate Market Wrap Up: Strong Finish. More homes sold because prices same down. That would be one clear message in looking at the December sales figures for single family homes on the Hudson Gateway Multiple Listing Service in Westchester County. Transaction totals were their highest in six years with no special stimulus and buyer appear to be returning to the market in stronger […]