Tom Crimmins Realty Blog - real estate agents

Real Estate Word of the Day: Arm's Length

Real Estate Word of the Day: Arm's Length

"Arm's length" is a phrase used to refer to a transaction between two unaffiliated parties, each acting independently trying to work in their own best interests. Both buyer and seller possess equal bargaining power, and are not working for or under pressure of the opposite party. Each party acts in their own self-interest to attain the most beneficial deal; neither has any obligation to the other. Agents typically use arm's length transactions to make sure that the price that they buy and sell properties for is according to fair market values. Do note that deals between employers and their employees, or between family members are not arm's length transactions.

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Meiers Corners, Staten Island

All about the Staten Island Neighborhood Meiers Corners:

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Meiers Corners. Meiers Corners and the nearby Westerleigh neighborhood are occasionally confused, however Westerleigh is often considered to refer to the…

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75 Cedar Terrace

RESIDENTIAL - SINGLE FAMILY - DETACHED - FOR SALE IN GRYMES HILL:

THIS HOUSE FOR SALE CAN BE FOUND ON OUR WEBSITE TOMCRIMMINSREALTY.COM AS WELL AS NYC.FLEXMLS.COM (MULTIPLE LISTING SERVICE)

Spacious and elegant brand-new construction in the quiet suburb section of Grymes Hill. A true majestic architectural gem. 3 large bedrooms, 4 baths, family room, dining room, and easy walkouts to oversized yard with patio. 2 laundry rooms. Taxes to be determined. Late Summer/early Fall 2023 delivery.

IF YOU ARE LOOKING FOR MORE HOMES IN STATEN ISLAND THEN PLEASE CLICK HERE TO BE DIRECTED TO OUR WEBSITE. IN ORDER TO VIEW MORE OF OUR MLS LISTINGS CONTACT US AT 718-370-3200 DURING OUR OFFICE HOURS. WE OFFER A LARGE SELECTION OF CONDOS, TOWNHOMES, SINGLE…

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73 Cedar Terrace

RESIDENTIAL - SINGLE FAMILY - DETACHED - FOR SALE IN GRYMES HILL:

THIS HOUSE FOR SALE CAN BE FOUND ON OUR WEBSITE TOMCRIMMINSREALTY.COM AS WELL AS NYC.FLEXMLS.COM (MULTIPLE LISTING SERVICE)

Spacious and elegant brand-new construction in the quiet suburb section of Grymes Hill. A true majestic architectural gem. 3 large bedrooms, 4 baths, family room, dining room, and easy walkouts to oversized yard with patio. 2 laundry rooms. Taxes to be determined. Late Summer/early Fall 2023 delivery.

IF YOU ARE LOOKING FOR MORE HOMES IN STATEN ISLAND THEN PLEASE CLICK HERE TO BE DIRECTED TO OUR WEBSITE. IN ORDER TO VIEW MORE OF OUR MLS LISTINGS CONTACT US AT 718-370-3200 DURING OUR OFFICE HOURS. WE OFFER A LARGE SELECTION OF CONDOS, TOWNHOMES, SINGLE…

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Reverse Prospecting: What is It, and How Do I Do It?

What is Reverse Prospecting and Why Is It Helpful?

Reverse prospecting is a handy feature on the SIMLS (a.k.a. FlexMLS) that any agent should be using to market their listings! So what is it? As defined by FlexMLS, "Reverse prospecting matches potential buyers with your listings. It works by searching for members who have contacts with saved searches that match your listings." In this rough market, you want to advertise yourself as much as possible. Use this slow-time productively to your advantage. As our own broker Tom Crimmins says, marketing yourself now will lead to vast growth when things are back on an upward trajectory. By performing a reverse prospecting, you can ensure that your listing is being advertised to people who are looking for…

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Mariners Harbor, Staten Island

All about the Staten Island Neighborhood Mariners Harbor:

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Mariners Harbor. This neighborhood is home to the North Shore and to the zip code 10303.It is bounded to the east by Lake Avenue, to the south by Forest…

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Manor Heights, Staten Island

All about the Staten Island Neighborhood Manor Heights:

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Manor Heights. This neighborhood is home to the North Shore and to the zip code 10314. Heights refers to the area's abrupt elevation inside its bounds,…

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Livingston, Staten Island

All about the Staten Island Neighborhood Livingston:

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Livingston. This neighborhood is home to the North Shore and to the zip code 10310. Livingston is most frequently thought of as being bounded by Bement…

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Lighthouse Hill, Staten Island

All about the Staten Island Neighborhood Lighthouse Hill:

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Lighthouse Hill. This neighborhood is home to the Mid-Island and to the zip code 10306 and 10314. North of Richmondtown, south of Todt Hill, and west of…

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Real Estate Word of the Day: Appraisal

Real Estate Word of the Day: Appraisal

An appraisal is the estimate of a property's current market value, done by a licensed appraiser who is an expert in the field. In real estate, an appraisal is also called a property/land valuation. The estimation is calculated by comparing the recent sales of homes in the area to the property that is being appraised. It will also include the features of the home, square footage, number of bedrooms and bathrooms, and other amenities. An appraisal is typically required by mortgage lenders in order to ensure that the money they are loaning to a new or current homeowner is a fair amount for the home. This is done in order to protect the lender, and so the bank knows that the buyers are not overpaying for the…

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