Tuesday, December 21, 2010

NYTimes: Thanks for the Tax Cut!

Pretty funny op-Ed piece from Larry David of Seinfeld and curb your enthusiasm fame. From The New York Times:

OP-ED CONTRIBUTOR: Thanks for the Tax Cut!

How one upper bracketeer will spend his windfall from the extension of the Bush tax cuts.

http://nyti.ms/hpl7Fv

Get The New York Times on your iPhone for free by visiting http://itunes.com/apps/nytimes


Best Regards,

Alex Rubin
516.236.3924
www.elliman.com/alexrubin

Posted via email from alexrubinlongbeach's posterous

Wednesday, September 8, 2010

NYTimes: The Bears and the State of Housing

From The New York Times:

ECONOMIC SCENE: The Bears and the State of Housing

The difference between viewing housing as a luxury good or as a staple is the subject of a debate about the recovery.

http://nyti.ms/bBNnRe

Get The New York Times on your iPhone for free by visiting http://itunes.com/apps/nytimes


Best Regards,

Alex Rubin
516.236.3924
www.lbeachrealestate.com

Posted via email from alexrubinlongbeach's posterous

NYTimes: The Bears and the State of Housing

From The New York Times:

ECONOMIC SCENE: The Bears and the State of Housing

The difference between viewing housing as a luxury good or as a staple is the subject of a debate about the recovery.

http://nyti.ms/bBNnRe

Get The New York Times on your iPhone for free by visiting http://itunes.com/apps/nytimes


Best Regards,

Alex Rubin
516.236.3924
www.lbeachrealestate.com

Posted via email from alexrubinlongbeach's posterous

Sunday, September 5, 2010

Tuesday, August 24, 2010

NYTimes: Digital Devices Deprive Brain of Needed Downtime

From The New York Times:

YOUR BRAIN ON COMPUTERS: Digital Devices Deprive Brain of Needed Downtime

Time without digital input can allow people to learn better or come up with new ideas.

http://nyti.ms/9C8ulK

Get The New York Times on your iPhone for free by visiting http://itunes.com/apps/nytimes


Best Regards,

Alex Rubin
516.236.3924
www.lbeachrealestate.com

Posted via email from alexrubinlongbeach's posterous

NYTimes: U.S. Home Sales at Lowest Level in More Than a Decade

From The New York Times:

U.S. Home Sales at Lowest Level in More Than a Decade

Sales of previously occupied homes plunged in July despite low mortgage rates, in part because of an expired tax break, an industry group reported.

http://nyti.ms/dhQIDq

Get The New York Times on your iPhone for free by visiting http://itunes.com/apps/nytimes


Best Regards,

Alex Rubin
516.236.3924
www.lbeachrealestate.com

Posted via email from alexrubinlongbeach's posterous

Monday, July 19, 2010

Weather Conditions from The Weather Channel

This alert was sent from a friend.

Severe Weather Alert for Long Beach, NY (11561)

Coastal Flood Statement until Mon Jul 19 2010 09:00 PM EDT

STRONG SOUTHERLY SWELLS WILL CREATE ROUGH SURF AND A HIGH RISK OF RIP CURRENTS ALONG THE ATLANTIC BEACHES TODAY. WAVES ARE EXPECTED TO BE HIGHEST LATE THIS AFTERNOON AND EVENING OVER EASTERN LONG ISLAND...BUT SURFACE WINDS WILL BE HIGHEST OVER WESTERN LONG ISLAND AND NEW YORK CITY BEACHES. PLEASE CHECK WITH LIFEGUARDS BEFORE ENTERING THE WATER...AND DO NOT SWIM IN UNSUPERVISED AREAS. A HIGH RISK OF RIP CURRENTS IMPLIES THAT WIND AND/OR WAVE CONDITIONS SUPPORT THE DEVELOPMENT OF VERY STRONG RIP CURRENTS. THESE RIP CURRENTS WILL BE LIFE THREATENING TO ANYONE WHO ENTERS THE SURF. IF YOU BECOME CAUGHT IN A RIP CURRENT...STAY CALM AND DO NOT FIGHT IT. SWIM PARALLEL TO THE SHORE UNTIL YOU BREAK FREE OF THE CURRENT. THEN SWIM AT AN ANGLE...AWAY FROM THE CURRENT...TOWARD THE SHORE. IF YOU ARE UNABLE TO ESCAPE BY SWIMMING...FLOAT OR TREAD WATER. WHEN THE CURRENT WEAKENS...SWIM AT AN ANGLE AWAY FROM THE CURRENT TOWARD THE SHORE. IF AT ANY TIME YOU FEEL YOU WILL NOT BE ABLE TO REACH THE SHORE...DRAW ATTENTION TO YOURSELF BY CALLING OR WAVING FOR HELP. For more weather information, visit www.weather.com from your PC or mobile device.
Best Regards,

Alex Rubin
Prudential Douglas Elliman Real Estate
516.236.3924
www.lbeachrealestate.com

Posted via email from alexrubinlongbeach's posterous

Saturday, January 9, 2010

How Much Should I Offer?

As a Realtor in Long Beach, NY, I am constantly asked the same question. The question that I am asked by buyers, whether it is for a home, condo, co-op or townhouse, is how low should I make my first offer. I understand that buyers are bombarded by the media and they feel that they should make extremely low offers. Of course this makes a lot of sense in a buyers market to the buyer, but I frequently see people lose a property that they truly wanted because they were looking to steal a property.

My solution to this issue is that I try to explain to my buyers and sellers that pricing a property at market value yields the best results. Let's look at it in these terms. If seller A is very motivated to sell a co-op in say 55 Monroe Blvd and prices it aggressively at say $250,000. Now take seller B who is equally motivated to sell and he prices his co-op in Long Beach at $289,000. Seller B explains that he is expecting low offers and his solution is the higher price. For this example we have to assume at the two co-ops are exactly alike as far as location, view and condition.

What I feel is that that seller A will sell his co-op faster and for a better price in this buyers market for the one simple reason and that is exposure. By overpricing, seller B chased away all of the potential buyers by pricing his co-op out of the search range of buyers. Seller A attracted the most amount of buyers to his co-op and probably received multiple offers.

My point is that the internet gives both buyers and sellers so much information about market conditions, prices of properties sold and prices of properties on the market that they should be able to come to a fairly accurate idea of where the property should sell for. Of course the help of an agent who is an expert in this area will save you a great deal of time and make your home buying experience stress free.

According to the latest figures from Multiple Listing Service of Long Island, the average price difference on sold properties was 6.4% from the latest list price. This is just an average and does not mean that you should offer 6.4% less than the asking. After seeing a number of properties you will find the unit you love and the worse thing that can happen is to miss the opportunity.

Below are a few links to my website that you might enjoy. My favorite and most popular are what I call Hot Properties. These are the properties in Long Beach, NY that I feel are priced right and will probably sell the quickest.

Click here to see my Hot Properties