Author Archives: Doug Heddings

Seller Beware–Your Exclusive Agreement May Not Be Expiring When You Think

Posted on September 18, 2017 by Doug Heddings

With nearly 30,000 licensed real estate agents in New York City and only about 12,000 transaction per year, it is no surprise that some less than savory agents turn to desperate measures to ensure that they make a few dollars. … Continue reading →

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Not All Brokerages Nor Agents Are Created Equal

Posted on September 15, 2017 by Doug Heddings

I have written before about the importance of company culture as it relates to the success of a real estate agent and ultimately a positive experience for the consumer. If that fit is not mutual for both the company and the agent, … Continue reading →

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History Repeats in Manhattan Real Estate

Posted on May 17, 2017 by Doug Heddings

Once upon a time, I suggested that a client strongly consider a purchase at 15 Central Park West. That client barked at me that she “would NEVER pay $2,000/sf for an apartment in Manhattan! That is just absurd!” Since then, … Continue reading →

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Why I Live in New York City

Posted on March 13, 2017 by Doug Heddings

My wife makes me! That is all. No, seriously, my wife was born and raised on the Upper West Side of Manhattan and made it clear to me that she wouldn’t likely ever have the desire to leave Manhattan. I … Continue reading →

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Buying or Selling a Manhattan Co-op

Posted on February 13, 2017 by Doug Heddings

A simple question posed on social media last night made clear that many still long for an explanation of the co-op buying process in NYC. So I am re-sharing this TrueGotham post from November 2009: Here is a step by … Continue reading →

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Social Media and Doing Right by Our Clients

Posted on January 30, 2017 by Doug Heddings

This past September I decided to take a break from social media, specifically Facebook. While I missed the pictures of my sister’s kids, the posts from my nephews, in-laws, my mom and many of my friends, I did not miss … Continue reading →

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NYC Sees a Staggering 137% Increase in Number of Wealthy Renters

Posted on January 4, 2017 by Doug Heddings

NYC is THE hub for wealthy renters (meaning renters who make $150K and above), according to a study published recently by RENTCafé. According to U.S. Census data, together, the five boroughs have more top-earning renter households than San Francisco, Los … Continue reading →

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Opinions Aren’t Facts, Just Ask Your Broker

Posted on November 22, 2016 by Doug Heddings

As the current real estate market continues to shift, sifting through information and the opinions of real estate professionals becomes increasingly more relevant. A recent communication with a buyer’s agent reminded me of just how much influence an agent’s opinion … Continue reading →

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All Is Well In Manhattan Real Estate and Girls Youth Soccer

Posted on November 7, 2016 by Doug Heddings

I have been struggling all day to come up with something meaningful about which to write. Maybe the writer’s block comes from the anxiety that stills exists ahead of tomorrow’s historic election? Or maybe it is because all I want … Continue reading →

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Practicing Professionalism in Polarizing Times

Posted on October 24, 2016 by Doug Heddings

Those who know me know all too well that I have been a very active and engaged participant on social media almost since Facebook’s inception. So, it was shocking to some to discover that I abandoned Facebook back in September … Continue reading →

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