Friday's Mixed Bag - True Gotham

Friday’s Mixed Bag

Doug’s boss, Prudential Douglas Elliman honcho Dottie Herman is talking about transparency in the industry. She talked about similar stuff a few years ago. Doug swears he has nothing to gain by raving about her, says this: "The primary reason that I work for Prudential Douglas Elliman is because Dottie Herman runs the show. I think she is incredibly wise and a visionary in the industry. Her track record proves that. She is constantly servicing her number one client: her agents. The training and support that she provides to those who want it is unparalleled in the industry. She is also constantly reminding agents that we must continue to reinvent our ways of doing business as the landscape of the industry changes. Information will no longer be king. True knowledge and SERVICE must be provided as information is becoming available to anyone who wants it. You must know what to do with the information once you have it."
A rare optimistic look at prices.
Borrowers tell stories of life on the wrong end of creative mortgage products.
Fun to dig through the archives of Infamous New York Real Estate.
Cheating your broker, from The New York Times (link inspired somewhat by some bad goings on earlier this week).
Banish the thought: Comparing what your dollars will get you in New Jersey compared to New York City.

Friday’s Mixed Bag