Author Archives: Doug Heddings

The Demise of 6% Commissions?

Posted on September 5, 2006 by Doug Heddings

Over the weekend, Damon Darlin wrote in The New York Times wrote about the doomed payment structure of the real estate industry. Some economists wonder why agents fight so hard to maintain this pricing system when it is making so … Continue reading →

Posted in A Broker's Job | 1 Comment

The Carnival of Real Estate

Posted on September 5, 2006 by Doug Heddings

 The latest Carnival of Real Estate is up now and worth a read.

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Friday Link-o-Rama

Posted on September 1, 2006 by Doug Heddings

Economy: perhaps not so terrible, by some measures. And vacancy rates are down. But consumers aren’t fired up. A reader asks MarketWatch’s Lew Sichelman if it’s reasonable to ask an agent to take $10,000 less because the sale went really … Continue reading →

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Waiting for the End of Summer

Posted on September 1, 2006 by Doug Heddings

Although Summer doesn’t officially end until September 21, Labor Day marks the traditional end of the summer season. As far as the real estate market is concerned, the myth is always that September brings with it a major influx of … Continue reading →

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Absence Makes the Heart Grow Snobbish

Posted on August 31, 2006 by Doug Heddings

I LOVE Manhattan. Oh my. I can’t believe I said that! Let me explain. The cooler than usual real estate market this summer has afforded me the luxury of spending some time outside of Manhattan and for the first time … Continue reading →

Posted in Neighborhoods | 2 Comments

Look, There’s Doug on TV!

Posted on August 31, 2006 by Doug Heddings

He was interviewed for a New York One story about the sale of Stuyvesant Town and Peter Cooper Village.

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Mixed Emotions for a Manhattan Broker: Stuyvesant Town and Peter Cooper Village on the Block

Posted on August 30, 2006 by Doug Heddings

My intitial reaction to the story in today’s New York Times was "not again, less New York City housing for the middle class, what a shame." I have written before about what a mistake it would be to turn Manhattan … Continue reading →

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The Lending Bubble

Posted on August 30, 2006 by Doug Heddings

Jonathan Miller makes some fantastic points about the "lending bubble." For instance: The problem here is: what happens if the values of homes begin to decline as inventory builds and rates rise? What does the lender do? They had better … Continue reading →

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Talking the Seller Down to Sensible Asking Price

Posted on August 29, 2006 by Doug Heddings

Perusing today’s Carnival of Real Estate, I came across an interesting post from Florida broker Bryant Tutas. The challenge here is to tell someone their precious house–the depository of their hopes and dreams, their nest egg, and an expression of … Continue reading →

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The Carnival of Real Estate

Posted on August 29, 2006 by Doug Heddings

A nice new Carnival of Real Estate is up now.

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