Category Archive: Real Estate

Close to 10 Years in Real Estate

It’s getting close to my ten year anniversary in the real estate business. Its so hard to believe it been that long. So many accomplishments, milestones, ups and downs. While thinking of this article, I also though I would compare it to the music charts. What was popular to what is popular now. When you see the songs and the artists who created them, some are still around, some have split up.

The real estate business too has seen it’s changes. Who is still in the business, who left, and also what was once a big company is now gone and never heard of. Its interesting to see how the times have changed, and what life brings to us in opportunities.

I reflect on past sales and how families have grown faster than a speeding bullet. Some people have moved into larger more spacious homes. Some have found retirement, and moved into smaller homes, almost back to when they were single or newly married.

The amount of education I have had is also enormous. I got my Graduate of the Realtor Institute (GRI) designation, and took countless classes and seminars on various real estate subjects. Also going to the conventions and seeing what the trends are, and the times I’ve gone, I think I’ve been ahead of the curve in my technology and my creativity. I enjoy learning and reading and listing to the stories of peoples failures and learning from the mistakes they made.

You also have seen the people who are trying to make a comeback in the business. Not only do you see that in real estate, but you see it in other business ventures as well. Some are successful, and other struggle to erase their past, and get moving with the future.

Staten Island has also gone though its changes also and the end is not in sight. I really enjoy the fact that Staten Island has the Greenbelt, and that it can never be developed. It is acres of enjoyment for people to walk on the hiking trails, see plants, hear nature, and a place to get lost for hours in the serenity of nature, all by being in your backyard.

Social Networking has allowed me to connect with old classmates, some of which I never thought I would see again! It has been nice connecting with them, and learning what they’ve been up to. Its weird how we were once kids, and now we are grown up doing some great things.

My business is commissioned based. So its up to me to come up with my salary and to meet my goals year after year. Its about building relationships with people, so that they will introduce me to their family, friends, and neighbors. I know I can sleep well at night with the hard work and effort that I put forth in growing my business. I never thought I could give it up, while there were times I did, but I stuck it through. Countless fliers in the doors of Staten Island homes, all waiting for that magical phone call.

Driving through Staten Island, I can point out the many homes I was was welcomed into and saw go through new ownership. Truly amazing and rewarding. There are so many homes, and the stories are endless. I can only imagine what the next ten years will bring.

To Rent or not To Rent

Rentals at Clove Lake Realty have become a hot commodity lately. Rentals are the ability to live at a desired place for a period of time or for a short time. Rentals come in all shapes and sizes (in the housing world that is.)

Clove Lake Realty specializes also in providing rentals to students from St. John’s University, Wagner College, as well as the College of Staten Island. Clove Lake Realty receives calls from landlords looking to cater to those who are looking to live off campus.

In order to get a rental from Clove Lake Realty, the following items are necessary. Solid employment (2 years), good credit history, as well as references. Clove Lake Realty does run a credit check for a fee. By doing the credit check, the landlord feels confident that the person who is renting will be able to provide the owner with stability.

Finally, Clove Lake Realty charges one month’s rent as the service fee. Also due is one month’s security (which is usually the monthly rent amount,) and the first’s month rent. 

The process is rewarding for someone to rent. Especially those who are in college, or looking to move out of their home. It also gives the person the ability to see what home ownership could feel like in the future. Rentals also provide a safe haven for those moving into a new house, renovating or someone who is going to become an empty nester.

Clove Lake Realty has turned many renters into buyers, and has turned renters into buyers who didn’t know that it was possible.

Andrew McDermott, Associate Broker, with Clove Lake Realty, an assist people like yourself, with a rental, or a purchase of a new home.

Clove Lake Realty is conveniently located at 1267 Clove Road, near Victory Blvd. Clove Lake Realty is open 7 days a week, and by appointment only, but if you are in the neighborhood, you are welcome to stop in and say hello.

When Should I Buy?

People always ask is this the time to buy? Sure it is. If you are ready to do so. So many people question the economy and this and that, but the right time to buy is when you are ready.

There is an inventory of homes as well as buyers. There are many combinations in the type of home you can chose. 

Andrew McDermott, Associate Broker, with Clove Lake Realty, helps people like yourself, with those questions and many more.

To buy a home, you need the following: a solid work history, good credit score, and great with budgeting. A home is a great investment, and since it would be your own, there are many things that you will be able to do with it.

What about the mortgage industry? Well if you read the papers, and watch the news, you saw that the housing market went a little crazy. Now that the garbage is gone, the mortgage business is back on its feet now. 

The governments FHA loans have become a hot item. since they are backed by the government, there is stability. The same goes with some of the larger banks. You need to get a loan you will feel comfortable with, and know that it will be able to be paid for on a monthly basis. 

Andrew McDermott, Associate Broker, with Clove Lake Realty, offers consultations with people all the time. I answer those many questions you have, and then some.

Clove Lake Realty is located at 1267 Clove Road, in Staten Island, New York. It is at the intersection of Victory Blvd.