Author Archives: Doug Heddings

The Real Estate Market in the Media: A Confusing Story

Posted on September 19, 2006 by Doug Heddings

A few days ago I wrote: "With so much talk in media of bubbles bursting it is hardly surprising that some people might not feel like buying." That same sentiment–that the media might be having an effect on the market, … Continue reading →

Posted in Market Insight | 1 Comment

Bogus “New” Listings

Posted on September 18, 2006 by Doug Heddings

Glenn Roberts of Inman News discusses the practice of removing a listing for a property, then re-listing it so that is doesn’t look, in the listing, like it has been on the market a long time. The comments are all … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight | 3 Comments

Friday Link-o-Rama

Posted on September 15, 2006 by Doug Heddings

Carol Lloyd:"There are certain buyers (myself included) who despise staging. Between its neutral Pottery Barn aesthetic and the thousands of dollars poured down the toilet, frankly, it just seems like a big bowl of wrong. But alas, Shagley is right: … Continue reading →

Posted in Market Insight | Comments Off on Friday Link-o-Rama

“Busiest Day in Six Months”

Posted on September 14, 2006 by Doug Heddings

Doug hasn’t been able to blog today because he has actually been working. He just told me it was the busiest day he has had in six months. Why now? He suggested a variety of reasons, including new property coming … Continue reading →

Posted in Market Insight | Comments Off on “Busiest Day in Six Months”

Bonus News for the New York City Real Estate Market

Posted on September 13, 2006 by Doug Heddings

Jay Akasie reports in the New York Sun: New York City is in for a banner 2007 if the rule holds true that the vigor of the local economy is highly correlated to the year-end bonuses paid to Wall Street’s … Continue reading →

Posted in Market Insight | 2 Comments

Cold Feet Derail Two Contracts

Posted on September 12, 2006 by Doug Heddings

In the last few days, I have had two contracts called off at the last minute, apparently by buyers who got cold feet. Oh, they didn’t say exactly that. But it was pretty clear: In one case the stated reason … Continue reading →

Posted in Market Insight | 4 Comments

9/11

Posted on September 11, 2006 by Doug Heddings

Let’s not talk about real estate today. It’s time to remember the trauma, and those who lost their lives on this day five years ago. Our city and our nation have showed a great deal of resilience after the horrors … Continue reading →

Posted in A Broker's Job | Comments Off on 9/11

Friday Link-o-Rama

Posted on September 8, 2006 by Doug Heddings

Examining the fine print at Redfin. A tour of the basics of Zillow. Evidence of at least one hot market. Would somebody please just cough up the $40 million for this beach house already? Do you like virtual property tours? … Continue reading →

Posted in A Broker's Job | Comments Off on Friday Link-o-Rama

A Reform to Give Buyers Real Control

Posted on September 7, 2006 by Doug Heddings

Bloodhound Realty wants to see some changes: 1. Buyers should negotiate the buyer’s agent’s compensation in detail and prior to looking at any homes 2. Sellers and listing agents should concede funds directly to the buyer to be disbursed at … Continue reading →

Posted in A Broker's Job, Market Insight | Comments Off on A Reform to Give Buyers Real Control

It’s Not Always a Good Time for Everyone to Buy

Posted on September 6, 2006 by Doug Heddings

TrueGotham, in part, would like to dispell the notion that all real estate professionals are always telling everyone to buy, buy, buy! HHRealty Group is not helping us change that image: No one regrets buying in New York and if … Continue reading →

Posted in A Broker's Job, Market Insight | 6 Comments