Category Archives: Tips & Advice

Renovating Your Home: When to Say “When”

Many of us are faced with a decision when we decide to renovate as to how extensive we will go.  Jeff Opdyke of RealEstateJournal.com  (complete with Podcast)shares his personal experiences with renovation and points out that it is a decision … Continue reading

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Purchasing in a Pre-Construction Development

I received this email this morning from a regular reader of TrueGotham: Good morning Mr Heddings, I would like to start off by saying that I love True Gotham and I read it every day. Your insights, tips, and advice … Continue reading

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The Art…I Mean “Psychology” of Pricing

On February 6, I blogged about The Art Of Pricing Property.  Shortly after posting this piece, I was perusing my friend Noah Rosenblatt’s blog, Urban Digs and noticed that he was a step ahead of me (actually a day ahead of … Continue reading

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The Art of Pricing Property

There is perhaps no more important element in the process of selling your home than pricing it accurately.  By accurate pricing, I mean selecting a price that gives you, the seller, the best chance at procuring the highest bid within the … Continue reading

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Don’t Overlook These Tax Deductions

It’s almost tax time and here in New York City many prospective purchasers enter the buying frenzy when their accountants advise them that they need the tax deduction that home ownership provides.  Aside from the obvious tax deductions that we … Continue reading

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Sellers Beware…Is Your Property Manager Effective?

One of the pieces of the puzzle in completing a smooth and efficient sale of a co-op or condo in Manhattan is a cooperative and knowledgeable managing agent/property manager.   Unfortunately, many of these individuals are overworked and underpaid which results in some … Continue reading

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The Carnival of Real Estate #18

Dozens and dozens of really good submissions, and cutting it down to eleven (I snuck two into #4) took lots of careful reading, weighing, and brutal decision making. But the work is done, and here are my favorite posts from … Continue reading

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Hiring a Resident Broker to Sell Your Apartment

I’m often asked by clients whether or not they should consider hiring an agent that is also resident of their building to represent them during the sale of their apartment. There is no cut and dry answer, obviously as it … Continue reading

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The Downside of the Low Ball

Urban Digs is talking about what a lot of buyers are thinking about these days: low ball offers. Here’s an excerpt: For buyers, the BEST situation to submit a low-ball offer is when: 1. Seller has reduced the price for … Continue reading

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Doug Heddings on New York One

Watch for Doug tomorrow on New York One, in a story about little things you can do to help your New York apartment sell in this market. Look for the Fortune Business Report at about 10pm. For a more in-depth … Continue reading

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