The math says homeowners in suburbs like Westchester County have all the leverage and they might earn a small fortune if they sold their home now. But some people haven’t had time to figure out where they’d go if they sold. Fortune favors the bold. What’s bold?...
Team members never know the questions in advance, and they’re never told that they’re being interviewed until the moment of the interview. Once asked, they are given up to 60 seconds to think about and answer each question. These are their candid answers, surely the...
There are a lot of layers in every mortgage transaction. It’s at least a club sandwich. The seller’s concession is one of them. Maybe it’s the bacon. Since sandwich humor can only take me so far, let’s get back to basics. The seller’s concession is a very effective...
“It’s a train wreck,” one seasoned loan officer told me of the mortgage industry’s new Uniform Residential Loan Application (URLA). “It’s a nightmare,” said another. Personally, I’m not sure what to think quite yet. Perhaps it’s a nightmare about a train wreck, but...
February heated the hell out of the New York City real estate market. Anecdotally, several of our clients were operating with a heightened sense of urgency because they found themselves bidding against several other parties. It seems like less than a month ago when...
Apple Peeled Question: Do New York City real estate negotiations ever get contentious? Are they always professional? Espinal: They 100% can get contentious. What is most unrealized both on the sell side and the buy-side, what’s just as important as your negotiation...
All the pent-up Demand showed up, and it might have just kicked down the door. That’s the sensation we’re getting anyway. There’s a new energy in Manhattan and it’s palpable, at least inside the actively listed condo and coop units that weren’t used to having visitors...
Question #1: From a qualitative standpoint, what is something that home buyers don’t think about enough during their search for a home? Adler response: The age and quality of the finishes and appliances. They don’t think about that enough. Which is why it’s good to...
Six Twenty-Five, Five Hundred. Oh man! That’s a number I used to have to remember. I saw that number on a screen the other day, and it felt like I found an old memory I lost somewhere in the back corner of my brain like a tchotchke in a bin in the attack. 625,500....
We’ve always thought technology was sexy as hell. Even the packaging is hot. And we love that new phone smell! Sure, technology has its flaws… For instance, human beings, in general, would probably be in better harmony with one another if social media was erased from...
