Dottie Dishes on NYC Market
The Times sat down with Dottie Herman, CEO of Prudential Douglas Elliman, to get her thoughts on the real estate market in New York. A few highlights: Elliman (which is getting a new website that will include listings from other brokers) has done three times as much business in 2010 than in 2009; she thinks…
The Times sat down with Dottie Herman, CEO of Prudential Douglas Elliman, to get her thoughts on the real estate market in New York. A few highlights: Elliman (which is getting a new website that will include listings from other brokers) has done three times as much business in 2010 than in 2009; she thinks we’re in a “price-sensitive market”; finished apartments are selling much better than ones that need work; and we’re not necessarily in a sellers’ market yet but “people feel we’ve hit bottom.” Oh, and on the Brooklyn front, Elliman just opened a new office in Williamsburg.
The 30-Minute Interview:Dorothy Herman [NY Times]
@11217 – “jealous” ha! that comment reveals more about you. Do you watch Real Housewifes of NY and get jealous?
11217:
Do you really believe that there’s anything insightful about “I don’t think there are any areas that are better than others. We are in a price-sensitive market, so if you have a good price, anywhere in New York is good.”
That combines one blatant falsehood (neighborhoods always rise and fall at different rates) and one syllogism (“if your property is priced right, it will sell.” )
“I don’t think there are any areas that are better than others.”
Nowhere is immune.
“We are in a price-sensitive market, so if you have a good price, anywhere in New York is good.”
Plain English: The market is MOTHERFUCKING collapsing.
Got equity?
***Bid half off peak comps***
You sure it isn’t Dotty Herman
http://www.merriam-webster.com/dictionary/dotty
Polishing off an oldie but a goody: “Fox reports henhouse is secure.”
Really people ask experts for their opinion all the time. Would you not ask someone in music their opinions on the Music Industry, people involved with art about the art world?
Not EVERY real estate agent is a sleezeball, and it’s really ignorant to think such. Especially of a woman who makes 10’s of millions of dollars a year doing it in the premier real estate market in the country.
Sounds like a lot of hate and jealousy because someone is doing their job well.
“Are you people just jealous that she makes more on one apartment sale than you do in an entire year? ”
No – just seems silly asking someone their opinion on the real estate market who has a vested interest in it doing well.
Are you people just jealous that she makes more on one apartment sale than you do in an entire year?
That was remarkably uninformative. Especially this part:
“Q Are some neighborhoods faring better than others?
A I don’t think there are any areas that are better than others. We are in a price-sensitive market, so if you have a good price, anywhere in New York is good.”
Spoken like someone who has listings in every neighborhood as opposed to someone honestly answering a question.