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Author Archives: Doug Heddings
A Billion Dollar Tax Cut for New Yorkers
New York’s economy is doing so well that Mayor Michael Bloomberg has reportedly decided to cut some taxes. Namely, he will eliminate the city’s portion of the sales tax (resulting in 4.375% tax instead of 8.375%) on all clothing purchases. … Continue reading
Posted in Market Insight
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Tuesday Link-o-Rama
Property Grunt: Craig’s List is working with the government to bust bad listings and bad brokers! Change is in the air for MLS systems all over place. Cheap, nice, new condos in other cities. Jonathan Miller with thoughts on the … Continue reading
Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight
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Martin Luther King Stayed Here
For 46 years, Harry Belafonte and his family lived in a beatiful home on West 74th Street. (It sold this past October for close to $12,000,000. ) I actually visited the home when it was being marketed and must tell … Continue reading
Posted in Fun, Market Insight
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Bloodsucking Realtor’s Delight
(File photo/Wikipedia This photo is protected by the GNU Free Documentation License.) Dracula’s castle is for sale. It’s $78 million. The Associated Press reports that it gets some significant foot traffic, too: The castle, perched high on a rock and … Continue reading
Posted in Fun
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When Money Clouds Judgement (Which is All Too Often in Real Estate Industry)
I stumbled upon John Harper’s blog after he posted a comment on True Gotham. There is some very interesting information on his blog and this fascinating case study on real estate ethics and fraud is especially revealing. It’s an incredible … Continue reading
Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight
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First Hand Account of Buyer’s Remorse
Yesterday, I had the pleasure of visiting a couple who are some of my favorite clients. Not because they buy and sell often (I sold them one property in two years and "consulted" with them on the sale of their … Continue reading
Posted in A Broker's Job, Market Insight
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Video from Inman RE Connect Blogging Panel
Phil Thomas Di Giulio of Wellcome Mat was nice enough to provide video: Watch the interactive video on WellcomeMat.com UPDATE: I should also mention that this video was shot by Rudolph Bachraty from Sellsius who was nice enough to let … Continue reading
Posted in A Broker's Job, Fun, Market Insight
2 Comments
Jonathan Miller Thinks the Current Market Needs a Slogan
That’s what he says. I can’t speak for the local markets across the country, but the Manhattan market has heated up yet again and seems to be supporting the “anomaly theory” that many in the industry and the media would … Continue reading
Posted in Market Insight
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Fun Day at Inman’s RE Connect
I had a great time participating on the blogging panel at Inman’s RE Connect Conference and although Kevin from 3 Oceans reported from the second "end of the day” session that it was only half full, the afternoon session was … Continue reading
Posted in A Broker's Job, Market Insight
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RE Connect Happenings
Zillow’s new message to real estate professionals: buy an ad on Zillow! Jeff Somers writes about what president Lloyd Frink has been explaining at the conference: "We’re calling it EZAds – and it’s pretty simple – an easy, online way … Continue reading
Posted in A Broker's Job, Fun, Market Insight
3 Comments





