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Roses’ prices spike before Valentine’s Day. The roses are the same, just as red and fresh as the rest of the year, but on Valentine’s Day, they can be sold at ten times their usual price. Real estate has its own Valentine’s Day, but it’s not necessarily February 14th. Each property has its own special time. While it’s obvious that a property with outdoor space will be more attractive in the summer, there are many less obvious elements that affect real estate prices, which can be specific to a neighborhood, building or an individual property.
It’s not the money, but the thought that counts. We all know that when it comes to Valentine’s Day, the thought means more than the actual gift. But did you know the same is often true in real estate? Buyers and sellers are human beings and are motivated by emotions. Always explore what, other than money, can be added to your offer. Emotional add-ons can range from sending a ‘love letter’ to the sellers to a specific customized concession tailored specifically to the sellers’ desires. I have the knowledge, experience and, most importantly, the creative mind to open the door to the sellers’ hearts—and your new home.
Planning ahead is vital. Trying to get a reservation at your restaurant of choice the day before Valentine's Day can be next to impossible. It takes advanced planning to snag the venue you’re looking for. When it comes to real estate, many people think they can explore their options when they are ready to buy, sell or rent. The truth is, that when the time comes to make a move, you may not have the opportunity to do all the necessary research—especially in today’s market. Whether you own, rent or invest in New York, always be prepared with knowledge of the market and have everything you need to make a move within arm’s reach. Even if you’re not currently looking to make a change, give me a call! A short conversation about your home, the market and the various possibilities will have you ready when the time is right.
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Dear Friends,
The real estate hot market, that felt like it was cooling off toward the end of last year, is going strong again. Open houses are seeing up to 50, 60, even 70 people! The demand for property in New York is stronger than ever. It starts at the top with the mega deals (last month's $100.5M was the highest in history) and trickles down to even the smallest studios. We are seeing bidding-wars for nearly every property on the market.
But if you don't currently own, don't let this news scare you. Call me and we'll discuss your specific needs. Sometimes staying put is the best choice, but often times, there are smarter ways to live in New York.
I have attached Corcoran's Year in review - 2014 to this newsletter. It's only three pages—short and to the point. I strongly recommend reading it and being in the real estate know.
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