Archive for January, 2014

A tale of two houses

I’ve heard the phrase “With the internet we wont need Real Estate Agents anymore”

Really?  Well that means Realtors don’t think, have nothing to add to the process, don’t earn their money.

Now for reality.

Not too long ago, my buyer told me “I would not buy that house, no way, no how.  It stinks, trash all over the place, and it’s priced too high”  OK, fair assessment and accurate too.

Deal dies, right?  Without a Realtor, yes, it’s dead.  Internet does not think, has no original thoughts.

Realtor to the rescue.  

Me; Mr. and Mrs buyer, is this house in the area you want to live in?

Buyer; yes.

Me; is it big enought for you?

Buyer;  yes.

Me;  I’ve been watching the price drop, what if I told you that if you got this unit for the price you want to spend, had enought left over to do cosmedic fix ups, made it just the way you like it to look, would you buy it?

Buyer;  yes.

Me;  Let’s take another look.

Buyer; OK

After the second viewing, I get a low offer, but reasonable.

I call the selling agent, make the offer, agent laughs a little.

A week goes buy, selling agent calls me back.

Selling agent;  are your buyers still interested in that house.

Me;  yes.

Selling agent;  SOLD.

Now the buyers had contractors come in, spent about $15,000 and the unit looks like new.

If they were to sell this house today, they would get about $80,000 more then what they paid for it, but that’s not the case, they want to live there.

So, Thank the good Lord for the internet, but also thank Him that he gave us a brain and the will to use it.  Seller is happy, selling agent is happy, buyer is happy, buyers agent is happy.

Happy, happy, happy.



Light up your “House For Sale Sign” at night.

In the winter months we have less daylight.  Sometimes we don’t see the house “For Sale” sign after dark.  When I advertise a house for sale, I like to use my “Listing Light” which lights up the sign for 5 hours after dark.  It makes your house stand out in the night.

see video below;

How can I get a good idea of what my house is worth today

While every house is different is some way, even in tract house development, values of similar units can give you an indication of what you might expect to get in the sale of you unit today.

There are sites on the web that you can go to for this information, but they don’t all have the same criteria in determining value.  So how are you to know what is ballpark and what is really accurate valuations?

The answer is to seek a local Realtor who lives, works and plays in that area. Ask to see recently sold units like yours.  The key here is RECENTLY sold. Values change over time, so while your house might have sold for $500,000 back in 2007, it may not be worth that much today.  Don’t feel bad, one of the very few places that home values have actually increased is in the Washington DC area. Think about that for a minute.  It says that demand is VALUE.  When you buy a unit, you are buying a neighborhood.  You can change anything you want about your house, as long it’s according to local codes, but you can’t do much about your neighborhood.

So, if you want to be really informed about house values, you need to study to trends.  Here is an easy way to do that.

On my website you can sign up to received weekly updates on what is for sale.  You can limit the search to just one zip code to make it local.

Here is the link;  When it opens click on “Market Watch”, follow instructions, and every week you will get an update on the market in your area.

Don’t be afraid to go on vacation in the winter

Want to put your home on the market in the winter and go south for a few weeks but worry about your pipes freezing?

Worry no more.  If you list with me, you will have the option of using my Netatino weather station so you can check on the temperature inside and outside your home as well as other features.


So when the temps are below freezing, you can check on the inside condition of your house so pipes don’t freeze.  If you don’t like what you see, you can call me and I’ll check it out.


So now while you’re on vacation, you don’t have to be concerned about your house.

I’m here so you don’y have to be.

Kenneth Cole, Licensed Real Estate Salesperson with Appleseed Homes, 2043 Richmond Ave, Staten Island, N.Y. 10314, 718-698-9797, cell 917-696-0275, on the web at