seller: JUST SOLD! 517 W 144th St Hamilton Heights - 04/09/13 12:49 AM
JUST SOLD!   3 Bedroom in Historic Hamilton Heights  


(5 comments)

seller: REBNY to launch ResidentialNYC.com in September - 05/10/07 02:56 AM

 
REBNY  to Launch ResidentialNYC.com in September
 
 
A new web portal for REBNY (Real Estate Board of New York) members to market exclusive listings directly to the public will be launched in September. According to REBNY the purpose is to drive consumer traffic directly to the broker.
Inclusion in this new venture is being offered exclusively to REBNY Listing Service (RLS) firms at a cost and is voluntary.  REBNY will be aggressively marketing ResidentailNYC.com to the public.
I first wrote about this in a blog back in November Web portal for public still no MLS for Brokers when it was first announced by REBNY. … (7 comments)

seller: SNIFFING OUT A SALE: I Don't Just List I Market and Sell - 04/25/07 01:56 PM
Niche Marketing to Pet Owners 
I recently read a funny post by Maureen Francis Sell-Lord Lesson: Peeing Dogs Do Not Sell Homes. My comment made her laugh but I was serious.
Maureen, That house needs to be marketed to buyers with a bigger smellier dog. It should say in the description Dogs love this house! Mitchell
At the time of this writing,The NY Times was planning a story about pets and real estate in Manhattan. Our PR company often pitches story ideas to the media.
Through our publicist the writer Christine Haugney contacted me. They were looking to interview buyers willing to pay more for "pet friendly buildings".
(14 comments)

seller: Manhattan market: The buzz from outside Inmans Real Estate connect in NYC - 01/10/07 02:53 PM
                                  
                                          The  Real Estate Market in Manhattan is HOT!
The buzz in the real estate industry this week is coming from Inmans Real Estate connect in NYC.  New media moguls like Craig Newark of Craigslist and Matt Heaton of activerain are at the conference discussing blogging, web 2.0, the latest trends and technologies and the future of the real estate industry at panels and seminars and parties.  
Right outside the Marriott Marquis in Hells Kitchen and from Washington Heights, to Harlem to Morninside Heights, the Upper West Side, Chelsea, Murray Hill, Gramercy, the West Village, Tribeca and throughout Manhattan there is … (9 comments)

seller: 1997 Tax Reform - Great for Real Estate! - 09/25/06 08:10 AM
                                                   
The Taxpayer Relief Act of 1997 - signed into law by President Bill Clinton together with the Balanced Budget Act of 1997 is probably the most significant change in recent times affecting real estate. This law made some major improvements for Home Sellers, Property Owners and First Time Home Buyers. It simplified taxes for 99% of Homes sold in the U.S.
Since 1997 Home sellers are eligible to exclude up to $250,000 if single or up to $500,000 if married, of the capital gain on the sale of the residence. In order to be able to claim the … (1 comments)

seller: It's Best To Buy And Sell In The Same Market - 09/20/06 06:38 AM
 
In real estate it is very difficult to time the market. Markets go in cycles there are tops and bottoms. Bottoms are usually created by pessimism and negativity. Tops are created by “irrational exuberance"  
To quote Jim Cramer on CNBC's Mad Money “Bears make money – Bulls make money but Pigs get slaughtered." The Fed created the boom in housing by lowering interest rates then they ended it by raising interest rates to take “the froth” out of the housing market. Maybe they will change their mind again. 
When everyone is bearish based on sentiment rather than the facts, that … (5 comments)

seller: The "Flip Tax" Creative Financing or a Coop Cop Out ? - 08/27/06 12:42 PM
The flip tax is a transfer fee that many new york coops and condos impose on shareholders and owners. In the early 80's when many rental buildings converted, huge profits were being made by former renters who bought their units at inside prices and then resold them. Called "flipping" The boards decided to impose the transfer fee and call it a flip tax on sellers to disuade flipping.
Due to high oil costs, insurance particularly terrorist insurance, neccessary repairs and increases in expenses many buildings need to build their reserve fund and are trying to impose flip taxes. In order for the flip tax to … (29 comments)

seller: Why I love Open Houses for both Sellers and Buyers - 08/20/06 07:27 AM
I've been reading many posts about Open Houses, I can see why they might not be effective in many markets.
In Manhattan we do not have lock boxes or keys available to show a property. In Manhattan the listing agent is almost always present during a showing. An appointment has to be made with the Listing agent at least 24 hours in advance to show a property. Scheduling appointments for buyers is one of the most difficult tasks we have as buyers agents in Manhattan. When working with buyers we are at the mercy of the listing agents time. Setting up itineraries for a buyer is very difficult. … (6 comments)

seller: Lets make a Deal - Negotiating in the current Manhattan market - 08/19/06 12:08 PM
In Sunday April 20, 2006 New York Times Real Estate section the feature story By Vivian S. Toy is titled
                    Lets Make A Deal.  http://www.nytimes.com/pages/realestate/index.html
It has a picture of an apartment with a divider down the middle called asking price and a buyer and seller are playing tug -of-war across the asking price.
My broker JoAnne Kennedy, cheif operating officer of Coldwell Banker Hunt Kennedy http://www.cbhk.com/ Is quoted:
"We're certainly not where we were in the irrational, exuberance days, sellers have become more realistic. and buyers are finding they have more time to select, and they can make an offer that's not asking … (0 comments)

 
Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn

Mitchell J Hall

Lic Associate RE Broker - Manhattan & Brooklyn

Manhattan, NY

More about me…

Address: New York, NY, 10024

Office: 212-877-6268

Mobile: (917) 312-0924



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