“Would You Take . . .?” In the spirit of Jeff Foxworthy’s “You might be a redneck if . . .” string of jokes (sample: ‘you’ve been married 3 times and still have the same in-law’s’), I offer up the Realtor equivalent: You don’t need a Realtor if . . . you want to go...Read More
Disregarding Buyers’ First Offer Mulligan (ˈmÉ™-li-gÉ™n): a free shot sometimes given a golfer in informal play when the previous shot was poorly played. So, I think I’ve got a good name for today’s housing market: ‘The Mulligan Market.’ That’s because so many deals these days start out with the Buyer making an insultingly poor (out-of-bounds?)...Read More
In the stock market, open market purchases of company stock by senior management (“insiders”) is considered to be bullish. After all, executives may sell stock for many reasons — to diversify, to raise money for things like real estate purchases, college tuition, etc. Presumably, however, there’s only one reason insiders buy: they think their company’s...Read More
Co-Listing Agreements Realtors share a listing (“co-list”) for a number of reasons: –The homeowner has ties to two Realtors, and doesn’t want to offend either; –The two Realtors work together as part of a “group” or “team”; –One Realtor has the tie to the client, while the other Realtor is strongly established in the particular...Read More
Quality over Quantity The (Realtor) conventional wisdom on holiday weekends, like the one coming up? That it’s a microcosm of the slower, Thanksgiving-to-New Year’s period. Namely, while there is a noticeable drop in traffic, the Buyers out there tend to be more serious and motivated. Call it “quality over quantity.” Practically, with all the real...Read More
(More) NY Trivia Some more stray, NY trivia I noted as my week off here winds down: Apple’s smash-hit retail stores have competition — kind of — from Samsung. The company’s store in the Time Warner Center features a hip sales staff (all wearing Samsung t-shirts); lots of cool, interactive technology; and a store full...Read More
