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Author Archives: Doug Heddings
Maximize Your Strengths and Carpe Diem
5 years ago this month I made a phone call to Robert Reffkin for some guidance and advice. I was not seeking a position at Compass when we spoke but reached out more because I had grown to respect Robert as we served together … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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The Importance of Trust in a Shifting Real Estate Market
2009 was my very best year in the Manhattan real estate business! When I share that fact with the agents whom I have the fortune of coaching, they are genuinely surprised and always ask, “how?” The answer is TRUST. When … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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Change: A Real Estate Podcast
I recently had the privilege of sitting down with my dear friend, colleague and voice of the acclaimed Real Estate Success Rocks podcast, Patrick Lilly. Topics include: Why is change necessary? Why is it difficult for so many? What are … Continue reading
Posted in A Broker's Job, Tips & Advice
2 Comments
Change: Often Difficult and Always Necessary
I have written in the past on True Gotham about the importance of the agent being aligned with their brokerage’s culture and precisely how that culture fit can impact the consumer. So why is it that so many continue to work in an … Continue reading
Posted in A Broker's Job, Tips & Advice
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Pros and Cons of Residential Off-Market Properties
There seems to be an increasing trend both locally and across the country of attempting to sell residential properties quietly and without any advertising, media exposure or MLS/listings feed. These non-traditional off-market properties are frequently a topic of debate amongst … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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It Passed: New Tax Laws and Potential Impact on NYC Real Estate
Last week I discussed the potential impact of what was then the “proposed tax plan” on our local NYC real estate market. Today the “Tax Cuts and Jobs Act” has passed both Houses and will be signed into law as … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice, Uncategorized
1 Comment
Proposed Tax Plan and Potential Impact on NYC Real Estate
I’m not generally one to discuss hypotheticals, but seeing how so many customers and agents are deeply concerned about the potential impact of the $1.5 trillion in proposed tax cuts, here are my thoughts. First of all, in my 25 … Continue reading
Posted in A Broker's Job, In The News, Market Insight, Tips & Advice, Uncategorized
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Selling with a Tenant in Place
Selling your investment property with a tenant in place can present some challenges that many property owners don’t anticipate. Investors often seek to sell their properties with tenants in place. Sometimes they just need to cash out of a particular … Continue reading
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Manhattan Market Microscope
In an effort to make sense of current New York City real estate market conditions, I chose to take a deeper dive into data from the last 60 days. I we examine a representation of all of the properties that … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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When Should I Engage a Real Estate Agent? Seller’s Edition
A few weeks back I discussed why it is never too early to engage a buyer’s agent to assist with the purchase of real estate. Now let’s explore the right time to engage a real estate agent when selling a … Continue reading
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