Active Rain September 19, 2011

How Bartending Made Me a Better Realtor

MaxI 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 as an asset in building rapport and trust. 

Is there a hard and fast rule? No. There are two rules:

  1. People are tuned to 1 station: WIFM (What’s In it For Me)
  2. People do business with people whom they like and trust. 

I recall, as a consumer looking for a rental in Hoboken, New Jersey in 1995 being put off by a rental agent who was an impersonal robot. But I also hate waiters who try and get me to like them when all I want is for them to shoo and bring back my order. Which brings me to a few lessons I learned back when I was a bartender in 2000-2001.

We were trained to never discuss religion or politics. Beyond that and mixing drinks fast and well, the job was to listen. I believe that it is the same thing in real estate. The old adage goes that we have two ears and one mouth. Identify the clients needs, listen, and get them what they seek. They don’t care about you unless they know you care. When bartending, I witnessed, firsthand, waiters who worked hard to get their customers to like them in an effort to maximize their tip. It didn’t work. What worked was hustling to get their food to them as fast as possible. We can chat over dessert or coffee. Agents should never make it about themselves. 

However, people DO want to know who they are doing business with. Building rapport is pretty crucial. And real estate is a relationship business. But how one shares oneself, and when it is time to discuss anything of a personal nature are important judgments to make. My rule of thumb is that I mention my background or kids as it relates to filling a need or answering a question for the client. If a prospective client in Somers or Katonah is worried that I as a Briarcliff Manor -based agent don’t know their area well, I’ll let them know I went to JFK High School in Somers. If a dog or child is disruptive, I’ll reassure them that I have a 80 pound German Shepherd and 4 kids of my own. When the time is right, that helps. It makes me a real guy. 

And I have had many a client tell me that I was hired because they knew I was working for my dinner, not spending money. 

By the time I was married September 29, 2001 I was tending bar only part time. I had a fairly large crowd of regulars, and they knew me pretty well at that point. I got quite a few good wishes from my customers, and to this day if I run into one they’ll ask me about my family. But we only got to that point because I already knew about them. 

I advise my agents to go with their gut about what they share with clients, but to always put the clients as the focal point of the discourse. The proof that the plan works shows in the progress of the company and our growth. People vary, and the only way to know what to say is to listen first and foremost. And no matter where you stand in this debate, I think we can agree that listening is always the best foundation to serving a client well. 

 

Active Rain September 19, 2011

Speechless Sundays: St Augustine School, Ossining, at Sunset

Active Rain September 18, 2011

Occupational Hazard

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 go to Carvel or McDonald’s to thank the kids for behaving. It is work time, but it is also family time. 

Two things made today different:

  • Catherine gets car sick sometimes.
  • I had to drive on a long windy road. 
Get the picture? 
 
While carting the entire Crew  to a listing across the Hudson, we took the approach to the Bear Mountain Bridge known locally as the Goat Trail. About halfway along the goat trail, Catherine became, um, ill.  
 
There was no place to pull over until it was, shall we say, ex post facto. The one stop along the way where people stop to take pictures was waiting for us, and my dear little flower asked if she could get ice cream from the truck parked there. 
 
Aaah, no. But I like your toughness. 
 
We went straight home. Thank goodness the weather allowed open windows on the way back. 
 
As my friend’s dad Big Ralph used to say, these are the good times
 
The heirs apparent
 
 
Active Rain September 17, 2011

Professional Networkers of Westchester

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 of my listings. On the other side of the spectrum, there are networking groups that people would die to get into- a good BNI group, for example, could yield enormous referral opportunities because of the exclusivity of professions. 

I don’t belong to a BNI group. However, I am fortunate to belong to small, select professional networking group as the exclusive real estate broker known as PNW, or Professional Networkers of Westchester. This morning at 7:45, while most of the world was still home yawning, I was at a meeting of this group of accomplished Westchester-based professionals, discussing how we can get our respective businesses to the next level. It is brain food, a think tank, and an extraordinary source of business that my own clientele should feel good about. 

PNW has one of just about everything- a banker, architect, painter, CPA, chiropractor, property insurance broker, and over 20 other professionals, and we exchange referrals and ideas every other week and meet one on one often in between. It keeps me engaged, and, perhaps more importantly, gets me in front of tremendous sources for referrals so I can get buyers for my listings and listings for my buyers. So, every other Friday (and for a few hours a month in between) I am in front of a my fellow members by 8am, working to get the next breakthrough.

There are no weak links- just about every member is accomplished, full time, and at the top of their profession. And while it isn’t easy to get out early and meet before the start of business, it is worth the effort.   

Success is not a 9-5 thing. 

Active Rain September 16, 2011

What Does $741,000 Buy in Ossining, NY?

J Philip Real Estate, top selling Westchester RealtorWhat 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 garage to start, and we havn’t even walked inside. 

Inside: 3600 square feet of living space, 4500 if you included the walkout finished basement. 5 bedrooms, 4.5 baths, with a master suite to die for; a granite and stainless steel gourmet kitchen with an island; a family room with a classic wood burning fireplace and sliding doors to the rear deck; lots of architectural detail and contractor-owner upgrades; plenty of massive walk in closets; cathedral ceilings with skylights; gleaming hardwood floors on the main level, including the formal living rom and den; high end carpeting in all bedrooms upstairs and in the finished basement rec room – get the picture? 

Now for a little bragging:

We listed this home on May 13, 2011, got an accepted offer in June, went under contract in July, and closed on September 9. 91 days total start to finish, less than half that before an accepted offer. It is the highest price for a home in this subdivision since 2009. Selling a home this fast for 99% of asking doesn’t happen by accident in this market. You have to know what you are doing, and you have to execute. 

If you’d like a home like this, get yourself a free Listingbook account and find another home right here or a nearby community with our easy home finding application that lets you search the MLS like an agent.  

J Philip Real Estate, top selling Westchester Realtor J Philip Real Estate, top selling Westchester Realtor

J Philip Real Estate, top selling Westchester Realtor J Philip Real Estate

Active Rain September 14, 2011

Westchester January Through August 2011 Real Estate Market: Catching Up

Westchester County Home for SaleEarlier 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: 

From January 1 2011 through August 31 2011, 2655 single family home has sold at a median price of $635,000. 

From January 1, 2010 through August 31 2010, 2832 single family homes have sold at a median price of $648,000. 

We are down 177 sales from the same period last year at a $13,000 lower median price. At the end of June, we were down 248 sales.

I believe we are catching up. Will 2011 surpass 2010 at this pace? It will be a close call. We have 4 months to make up roughly 45 sales per month. 

According to the Empire Access Multiple Listing Service, which is the source of all my data, 732 homes are currently under contract with a buyer as I write this, at a median list price of $535,000. Prices are certainly down from last year. If we can get a high precentage of the pending pipeline to close, I like our chances to best 2010 volume. The wild card is short sales, which are anything but short in timeframe. 

Stay tuned! 

Want to jump in? Get yourself a free Listingbook account and search for a Westchester home like an agent. 

Active Rain September 14, 2011

Rye Playland: Westchester County’s Amusement Park

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. 

Welcome to Playland

As the sign says, Playland has been open since 1928. It is the only county-run amusement park in the USA, and it is in Rye, New York right on the Long Island Sound. Due to its age and layout, there is a distinctive old-time carnival theme to the place, with a central promenade lined by food and games, with rides and attractions fanning out throughout the park. In the center at the end of the promenade is a stage for performances, and on the other end is a beach and ice casino, where the New York Rangers have their practice facility. 

Central promenade

Playland Lake is a manmade lake where you can take boat rides or rent a paddle boat. You can’t swim in it, but the beach at the end of the park is there if you you want to get wet. 

Playland Lake

The Dragon Coaster is a landmark, and one of the few wooden roller coasters in existence. It was conceived as a rival to the Coney Island Roller Coaster, the Cyclone. 

Dragon Coaster

The Gondola Wheel is not for people with Vertigo. You are over the tree tops and at the apex you can see Long Island. I would eat *after* this, not before, but that’s just me. 

Gondola Wheel

Another New York institution, Nathan’s Hotdogs. I love the “WC” on the building facade, which of course stands for Westchester County. Of course, local favorite Carvel Ice Cream is also close by. 

Nathan's Hotdogs Carvel. Yum

Rye Playland Merry go round

Rye Playland boat ride

Cotton Candy

 

Plyaland has a tremendous amount of arcades, kiddie rides, water rides, and places to sit and relax. Of course, traditional rides like bumper cars are all there also. It is very clean, and the layout is easy to follow. We went there in August and paid about $25 each for all day passes. It was well worth it and the kids had a blast. 

Playland is a very special place, and it is one of the things that makes Westchester County one of the very best places in the world to live. I love that I am fortunate enough to work and raise my family here. 

You should be here too! Get a free Listingbook account and find a home driving distance from Playland and you’ll know what I mean. 

 

 

Active Rain September 13, 2011

J Philip Real Estate Welcomes Barbara Bartell!

Barbara BartellA 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 afternoon Barbara officially joined our firm and we couldn’t be happier to have her. 

Barbara has run her own company in the Human Resource industry since the 90’s. I have great respect for that, as I run my own firm as well. She understands relationships. She understands what it takes to develop and listen to the client. She gets follow up and professionalism. Those things are all crucial to this business, and you can’t teach them-you have it or you don’t. Beyond that she has a voracious intellectual curiosity to absorb the best practices of this business and build her practice up. 

A resident of Hartsdale and familiar with White Plains, Scarsdale, Mamaroneck and the surrounding areas, Barbara will ber serving central and southern Westchester county. We’ll work closely together, but make no bones about it, she is no novice, having bought or sold a home NINE times. If that doesn’t give you empathy with the client, what will? We look forward to helping Barbara develop another empire with lots of happy clients. 

To contact Barbara, send an email to barbara@jphilip.com or call (914) 523-5087

Active Rain September 12, 2011

Speechless Sundays: Westchester County Active Rain Meetup

Active Rain September 12, 2011

Tough Day of Remembrance

Freedom TowerAnn 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 spared), but because of the abject terror of that day 10 years ago. We were in Manhattan that morning. 

Our wedding was scheduled for September 29, 2001. Ann’s parents were on a plane due that afternoon from Korea. And on our short drive from her apartment to her office on the upper east side, we could see the north tower billowing thick black smoke in the distance, like a big cigar sticking up. By the time we parked and went upstairs to her office, everyone was watching TV. We saw the 2nd plane hit the south tower, live on TV, a cab ride away. The shock of the event, the malfeasance and planning that had obviously gone into the operation, was chilling. News reports were alarming- other planes were hijacked- the Pentagon was hit- the port authority was closing the bridges and tunnels-and soon, we would not be able to leave Manhattan. Ann wanted to remain at her office in case her parents needed to reach her. I couldn’t see us separating. We English majors are too familiar with irony to let that happen. 

With the disaster so close, the news of war trickling in and the unknown hanging over our heads like the sword of Damacles, I appreciated, for the first time, what my father must have gone through when he served in the 2nd World War and Korea. What would they hit next? The subways? The water? I put Ann back in the car and we went downstairs. In the lobby, we saw the south tower fall on TV. 

We crossed the 3rd Avenue Bridge into the Bronx and started home to my mother’s house in Ossining. I specifically chose that bridge because it wasn’t a Port Authority crossing, and wouldn’t be closed. There were no cars on the road as I drove home. I felt like I was in an apocolyptic movie. But it was real, and it was absolutely terrifying because it was in our midst. And we didn’t know what would happen next. I felt certain that they would sabotage the trains. They seemed more vulnerable than planes. 

The stories we heard on the phone with friends were not TV network news. People were jumping from the towers with flaming clothes. They jumped in groups. My brother lost a client who was trapped above the impact whose last call to his wife was that the floor was getting very hot. He was never found. And after the towers fell, you could see the cloud for miles while sirens blared in the distance. Ann’s aunt in Chinatown, a few blocks from what was already being called “Ground Zero,” was unreachable because the phone infrastructure was severed. And there were a bunch of channels on my mother’s TV showing a test pattern.  I will never forget the fear we felt, the metallic, cold terror of what the next moment would bring, and the great effort to get my mind around such an unthinkable tragedy a brisk walk away.  

All loved ones were accounted for by the end of the week. My in laws stayed in a high school gym in Minnesota after they were grounded. Ann’s aunt was fine. We were all OK physically. It took all we had to resume our plans and not let evil deter us from our lives. I could go on for pages, but we got home safe, and we got married 18 days later. On July 16, 2002, Luke was born. He was the first of 4 candles we lit against that backdrop of darkness. Ann has said that if we met at 23 and not 33 that we’d have 4 more. 

Ann worked through her pregnancy at her job in Manhattan, and I drove her every day. She never rode a train again. Once we were parents, we sought to live and work in Westchester. The rest is history.