Author Archives: Doug Heddings

No Time To Blog and Fainting Goats

Posted on September 3, 2009 by Doug Heddings

I’m no longer going to apologize for my lack of blogging because i sound like a broken record.  It’s been a busy summer (more like a Spring market) with a couple of long vacations and now I’m the lucky recipient … Continue reading →

Posted in Fun | 2 Comments

The Sting of Selling Today If You Bought At The Peak

Posted on August 21, 2009 by Doug Heddings

A colleague of mine recently received a phone call from a seller whom he is representing with a disturbing question.  His home is currently in contract with a prospective purchaser and he asked, "Should I reach out to my co-op … Continue reading →

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Solvent Buyers Frustrated By Lending Restrictions

Posted on August 10, 2009 by Doug Heddings

What are the banks doing with all of our bailout money?  Getting fat and making the borrowing process miserable even for those with stellar credit, great jobs, and high liquidity.   A current buyer of mine is supposed to be … Continue reading →

Posted in Market Insight | 9 Comments

Home Sellers Must “Buy” the Team Approach for Maximum Exposure

Posted on August 5, 2009 by Doug Heddings

Everyone has an opinion on what added value the real estate agent brings (or doesn’t) to the real estate transaction.  For the purpose of this blog post, let’s assume that a seller is fortunate enough to find an agent who … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 3 Comments

Charles Rutenberg Ranks Growing

Posted on July 30, 2009 by Doug Heddings

Already the eighth largest brokerage in Manhattan, Charles Rutenberg Realty’s ranks continue to swell to almost 300 agents.  The pace of growth has picked up significantly as agents are asking themselves, "What has my broker done for me or my … Continue reading →

Posted in A Broker's Job, Tips & Advice | 8 Comments

July Manhattan Market Video Snaphsot

Posted on July 29, 2009 by Doug Heddings

In this TrueGotham video blog I discuss the current Manhattan residential real estate market. Although June was a very busy month in terms of transactions, one month does not a recovery make. And what will Wall Streeters do with 2009 … Continue reading →

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Buyer Remorse in Manhattan Real Estate from The Wall Street Journal

Posted on July 27, 2009 by Doug Heddings

Well here it is.  My first post for The Wall Street Journal.  Check it out. BTW…this was just one of the plethora of reasons that I sought independence from the corporate environment in which I was working for the freedom … Continue reading →

Posted in Market Insight | 2 Comments

Hampton’s Market Report and Manhattan Market Insight

Posted on July 24, 2009 by Doug Heddings

I wish that I could say that I sold my house in Bridgehampton in April of 2006 because I was so savvy and knew it was the peak of the market.  Such is NOT the case at all but I … Continue reading →

Posted in Market Insight | 1 Comment

Sellers Must Insist on Listing Syndication

Posted on July 22, 2009 by Doug Heddings

if you are selling property, whether it be in Manhattan, New York or Manhattan, Kansas (yes there is a Manhattan, Kansas), you must find out from your agent/broker exactly where your property information will be disseminated.  Most people don’t realize … Continue reading →

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The Traditional Real Estate Brokerage Model is Broken

Posted on July 21, 2009 by Doug Heddings

The traditional broker better rethink the ways in which they do business or suffer extinction.  The business model is suffering and despite the facade that all is well in residential real estate, I’m here to tell you that isn’t the … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 4 Comments