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December 27, 2007

New Construction Sales Policies for Philadelphia Lofts and Condominiums – Buyer Representation

Filed under: Of Interest to Buyers — Center City Philadelphia Real Estate Agent @ 10:17 am

It seems to be universal that all new construction condominium sales policies here in Center City Philadelphia state that buyers must have realtor in tow, on first visit, in order to be represented by said agent.

To which I say, “Bull”. 

Ok, here is a scenario: You are my buyer (I am your realtor, a buyer representative) and you happen upon an open house in say a highrise, new luxury construction project here in Center City Philadelphia.  IF I AM NOT ATTACHED TO YOUR SIDE, AT THAT FIRST VISIT….YOU LOOSE.  I cannot represent you in that particular sale, should you decide to buy in the development.  The developer’s sales staff, at that point, will refuse to recognize me as your buyers agent.  They instead will be your agent, and represent you.

How do you like them apples?

Now… How many buyers, new to our town, are going to know that fact, right off the bat? I would guess, not many.  Even if you and I have been working together, to find a condo for the past six months, and I have been educating you, holding your hand, giving my best advice, and you are planning on naming your first born after me, I cannot represent you unless I accompany you on your first visit to that condominium building.

What kind of suggestion can I offer to such a buyer, who goes to such an Open House without their Realtor? Maybe they can tell the sales staff of their working relationship to said agent, and ask to get that agent on the phone. Maybe the sales staff will then see the commitment that buyer has with his agent, and offer a “Get Out Of Jail Free” card. Maybe that developer’s agent would say, “It’s alright, we can let you slide”.  Maybe not.

It is my opinion that developers are selling themselves short on this issue. I mean come on…you basically steal one of my good long term clients, who has their mom in town for the weekend, can’t reach me, goes to your open house, and your are not going to recognize me? Go ahead, Mr. Developer, and I promise you, I will be the bigger man, and not discourage my buyer from buying your product. You have my word on it.

But I can’t speak for the other 1,587 agents who can sell condos here in Center City Philadelphia.

If you are interested in obtaining honest buyer representation before you make a visit to a new construction loft or condominium here in Center City Philadelphia give me a call at 215-521-1523 or send me an email at Mark@CenterCityCondos.com

Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106

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December 20, 2007

No One Likes Cold Feet

Filed under: General Real Estate — Center City Philadelphia Real Estate Agent @ 10:39 am

So you are cozying up after a warm bath in your luxurious Philadelphia condominium sipping on a nice hot cup of tea and enjoying the stunning view of the snow falling outside atop the Center City skyline. 

 

Beautiful….calm….serene…..and the phone rings.  Oh, boy, you left your slippers in the bathroom and the walk across the hardwood flooring to the kitchen will be pretty chilly on your toes!

Well, maybe not!  There is a great new ENERGY STAR qualified way to actually warm your floors.  

Nuheat Floor Warming Systems.  It’s like a Center City Philadelphia Condominium owner’s winter holiday wish come true! You can use it under tile, stone, laminate, or engineered wood floors in any room!  

 

The heating system is pre-built like an electric blanket.  It heats evenly and is only 1/8 inch thick so it won’t dramatically raise the flooring in your condo.  It’s easy to install and safe too!  It must be installed with a Ground Fault Circuit Interrupter (GFCI), which is built in, of course.  It was tested and approved for use in North American Homes by the Underwriter’s Laboratory.

The 7-day programmable thermostat will also keep operating costs down, not that Nuheat uses much energy to begin with.  Warming a 30 square foot room in your condominium at full power (80-90 degrees) will only use the same amount of electricity as turning on three 100 watt light bulbs in that room.  But with the programmable thermostat you can set it up so that the stone floors will warm in the kitchen while you are preparing dinner and your tile bathroom floor will warm while you are taking a shower and then the hardwood floors in the bedroom will warm for when you step out of bed on a chilly morning.  Once Nuheat is installed in your condo, you can throw your slippers to the dogs! 

If you are interested in taking a look at some lofts or condos here in Center City Philadelphia where you can install Nuheat, give Mark Wade a call at 215-521-1523 or send him an email at Mark@CenterCity.com

Nicole Noguer
Office Assistant to Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®

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530 Walnut Street, Suite 480
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
Email: Mark@CenterCity.com
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