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From 'Urb to 'Burb Blog

Thursday, May 23, 2019   /   by Vanessa Saunders

Ten "Must Ask" Questions When Hiring a Realtor

Smart consumers interview potential real estate agents before they decide which agent they want to hire. Just as you’re sizing up the potential for a good fit, the real estate agent will likely be interviewing you, too. Be wary of agents who don’t ask you questions and probe for your motivation. You wouldn’t work with just any agent off the street, and good agents are selective about their clients, as well.
Here are 10 questions you need answered by a prospective real estate agent.
1) How Long Have You Been in the Business?
No school offers a degree in how to handle problems in a transaction. They learn on the job. The more sales an agent has completed, the more she knows. It’s even possible that she’s taken special designation courses. It’s OK to ask about this, too.
2) What Is Your Average List-Price-To-Sales-Price Ratio?
An agent’s average ratio depends on the market. Excluding sizzling seller’s markets, a good buyer’s age ...

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Wednesday, May 22, 2019   /   by Vanessa Saunders

Plummeting Hamptons real estate market good news for high-end Hudson Valley sellers.

From all the press coverage about dropping home prices in the Hamptons, you'd think the sky was falling. "Home prices are plummeting in the Hamptons," trumpets The New York Times about the infamous vacation playground of New York City's wealthiest residents. The Hamptons, once the favored vacation destination of New York City's wealthy elite is reportedly seeing home prices fall and high-end properties sitting on the market for months, according to the Times.

As it happens, the press stories are not fake news. The median sale price of a Hamptons home has fallen to a seven-year low of just $860,000.

This luxury real-estate slump can be traced, in part, to Donald Trump's 2016 federal tax reform, as the Financial Times' Ben Foldy reported. The new tax laws make it more expensive for homeowners to own luxury homes because they can deduct only $10,000 in state and local taxes from their federal income tax filings.

The most expensive homes for sale in the Hamptons are suffering th ...

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Tuesday, May 21, 2019   /   by Vanessa Saunders

$7K Amazon tiny home goes viral, sells out in minutes.

It took just minutes for Amazon to sell out of this tiny 172 sq. ft. cabin. With housing prices and property taxes continuing to rise, this "Tiny Home" may well be a solution for consumers looking to downsize, live economically and say, "Buggah off!" to high rent or mortgage payments. 

The tiny home movement is finding traction in places like America's western mountain towns, where people spend more than 50 percent of their income on housing, which is well above the norm. A recent Sierra Sun article cited a regional housing study that found, “… 76 percent of Lake Tahoe and Truckee NV area residents spend more than one-third of their income on rent, and 26 percent spend more than half of their income on rent.” 


Sprout Tiny Homes is developing a PUD (Planned Unit Development) approved community in Salida, Colorado. Sprout’s homes aren’t diminutive, realty-television-ready oddities: The company uses traditional materials and building ...

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Monday, May 20, 2019   /   by Vanessa Saunders

After the House Inspection: Smart tips for negotiations on your next Hudson Valley home.

Home inspections can be a trying time for both the home buyer and seller. For the sellers, having an inspector sniff through every corner of the property they'r trying to sell can raise anxiety levels, even if the seller is confident his property is "perfect." Inspectors have ways of ferreting-out problems sellers didn't know about, or issues with the house the homeowner got used to.





For buyers, watching the inspector take lots of notes and pictures leaves them worrying about just what kind of white elephant they got themselves into.





Finally the buyers get to see a thick report full of disclosures, disclaimers and all the fine print of 50-plus pages of descriptions, photos, subsections and educational primers of each part of the house. Inevitably, there are some problems, maybe small things, maybe some serious things that need discussing. The big question is, do the buyers ask the sellers to make repairs, reduce the price, offer to pay for some or all of the ...

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Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

 photo farmhill_zpscf14aff1.pngThe data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Global Property Systems Real Estate are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Global Property Systems Real Estate are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2019 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.

image001.png The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.