What is Seller Financing?
Wednesday, March 30
What is seller financing? What does holding paper mean? What does holding a note mean?Holding a mortgage is not an uncommon strategy especially in commercial real estate transactions. A typical scenario will involve a buyer putting a specific amount of money down and then requesting the selle...
Selling my Own Property and why I decided to Rent it
Wednesday, February 24
In this video I share an experience I had with one of my own properties. Over the summer I had an offer on the property and the buyer walked away after the inspection due to rotting trim on the garage. I offered to repair the exterior trim and he still walked away from the deal. I would ve...
Open House Preparation
Monday, February 15
In this video I discuss how to prepare your home for an open house. An agent in my office is coming with me in 2 weeks to host an open house. I have been sharing with them how to properly prepare for the open house. In my mind, open houses are more than just opening up the door and turning...
Creating Value
Monday, February 08
In this video I discuss Value, not value based on comparable properties but value based on creating value in a property by positioning and salesmanship. Location, Location, Location is the number 1 rule when buying real estate. Being in a great location is the surest way to create value. B...
Why Open Listings don't work
Thursday, February 04
In this video I discuss why an Open Listing usually doesn't work when selling real estate in the Hamptons. Open Listings are very popular in the Hamptons rental market. The homeowner has an agreement which each office to compensate them for bringing a tenant that rents the property. In an O...
Listed and Lost Syndrome
Tuesday, February 02
In this video, I want to share an example of "Listed and Lost" Syndrome that I continually see in the marketplace. Today, I get a phone call from another Realtor looking to show one of my listings in Southampton, NY. She wants to show the property to her client in 1 hour and I need 24 hours...