Long Island homeowners sometimes agree to give the agent that they've hired an exclusive listing for a fixed period of time. During this time period, the only agents that can see an exclusive listing on the MLS (Multiple Listing Service) are the ones that are affiliated with the listing broker.
In the interest of full disclosure, I have used this technique for a few weeks to allow homeowners to prepare their home to be "show ready." Since I hire a professional photographer to shoot my listings and create the virtual tour, I want to make sure that the home is in the best possible condition before the photo shoot.
My preference is to load listings onto the MLS with professional photos and a virtual tour on the day that it comes on the market. There is a lot of competition and inventory in most areas of Long Island, and I want my listings to stand out. It is just as important to market the home properly to other agents as it is to market the home to the buying public. Many times, new listings appear with no photo and an image that says "photo not available." Personally, I don't like this approach, so I don't do it. As long as I have the professional photos and a virtual tour loaded onto the MLS, I want other agents to see it, as this gives me the best chance to sell the home quickly and for the most amount of money.
Exclusive listings have a purpose if they are used for preparation of the home, but they should never last for longer than a few weeks if at all possible. In all honesty, I have no idea why any given agent is using an exclusive listing, because that is between the homeowner and the listing agent. My concern is for those homeowners that are led to believe that their home will be marketed to other agents on the MLS, but the marketing is done in such an ineffective way that the home is, for all intents and purposes, an exclusive listing.
It is not legal to speak about specific commission splits, but suffice it to say that there is a number that is considered to be average on Long Island. Any number that is higher or lower than the average is noticed in either a positive or a negative light. With the competition on the market, and increased inventory, paying a very low commission split is tantamount to having an exclusive listing.
The further that the commission split deviates from what is considered to be average, the more impact it will have on the showings that your home receives. This post was inspired by seeing a commission split on one particular home that was so low that the home may as well been an exclusive listing. Without using specific numbers, I can say that the commission split was 25% of what is considered to be average on Long Island.
If you are a Long Island homeowner that is thinking about placing your home on the market, it is in your best interest to make sure that your agent is offering enough of a commission split to entice other agents to show your home. If not, you run the risk of having an exclusive listing by default, instead of by choice.
As a Long Island homeowner, you should do whatever you can to ensure that your home stands out in today's buyer's market.
Adam Waldman is a Long Island Residential Real Estate and Relocation Specialist that can assist you with the purchase and/or sale of real estate on Long Island or any place else in the country by connecting you with a relocation professional in your destination of choice. Many Long Islanders have chosen to relocate to other parts of the country, but often times they don't have anyone to turn to for assistance. Realizing that this was an underserved market, Adam Waldman has created a team of professionals throughout the country to ensure that relocating Long Islanders enjoy a smooth transition to their new area. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search. Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.
Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com

When you live with someone and see them everyday, you don't always notice the changes that others with an outside perspective may see, although on occasion you might. Lately I've been noticing that my son has been trying to be like me as much as possible. The most notable sign is that he likes to have us dress the same way, but I imagine that it runs much deeper than that.
After my 2-part meme recently, I tagged
[2] ON THE MOVE - Since December of 1991, I have moved 10 times! The first move was the most difficult, as my parents sold my childhood home and returned back to the 2-family house that we lived in before moving to Long Island. My siblings and I were grown, the house was too big, and my mother longed to be closer to Manhattan again, as she never really enjoyed life on Long Island. To this day, the house that I grew up in is the only place that I've ever been attached to. My transient nature is part of the reason that I entered the real estate profession. I figured that if I was going to move regularly, then I might as well get paid for it!
[3] SUMMER MEMORIES - I attended day camp from the ages of 2-10, and then sleepaway camp from the ages of 11-16. Well actually, I was a camper from the ages of 11-14, and then a waiter at 15 and kitchen staff at 16. My summers at sleepaway camp were the best of my life. When I watched the movie
[4] FANTASY FOOTBALL - Up until this season, I was obsessed with fantasy football. I was the commissioner of my league for 13 seasons, and played for 2 seasons before I started my own league. When I started the league, all of the participants were all young and single, and we had plenty of free time to spend doing research, making trades, etc. The years caught up with us seemingly overnight, as we were suddenly a league of married dads.
This is part 2 of a multi-part series (click
Many people choose a fast food restaurant because it is inexpensive. The fast food industry is basically run by minimum wage workers, the services provided are minimal and the food quality is average at best. When you eat at a fast food restaurant, you must place your own order and pay the cashier before receiving your food. Once you have paid for your food, you move on, and so does the cashier to the next customer.
However, if you are looking for a fine restaurant, you will most likely reach out to friends, family or colleagues to get some recommendations. After all, these restaurants are more expensive, and thus your expectations are higher. When you walk into a fine restaurant, you expect to be greeted by a host or hostess and led to your table. You expect the waiter or waitress to come by promptly to start taking your order and also to let you know about any specials that are available that day. You expect a level of service because you are paying for it.
Market Reports - These reports have been done quarterly thus far, but they will be done monthly going forward. This will allow you to keep more accurate tabs on the Long Island real estate market. The most recent quarterly reports were just posted.
Dr. House's Real Estate Chronicles - This is a new segment that was announced at the end of last year {Click
Family - Like most people, family is the most important part of my life. The best way to provide you insight into who I am as a person is to share my family experiences with you. This will include stories about things that we do together on Long Island, issues that we all face as parents and more! 
As you walk in the door of
Are you a renter on Long Island that has been thinking about buying a home, but have doubts because of the things that you are hearing about the housing market? Are you waiting for the media to declare the bottom of the housing market? Do you feel that it is in your best interest to wait and see what happens? If you answered "yes" to any or all of these questions, there are some facts that you should be aware of before you make your final decision.
You might be thinking that it's okay to buy when the market starts to rise, even if you miss the bottom of the market. That may be true, but there is another factor to consider when deciding whether or not to look for a home now. Mortgage rates are near historical lows right now. There is no guarantee that the rates will be this low by the time that the media says that it's ok to jump back into the pool (so to speak).
As a buyer in this market, you have an outstanding opportunity to find a home that fits your needs in a price range that fits your budget. Generally speaking, inventory on Long Island is higher than it was a year ago, so there are more homes to choose from in every price range.
Baseball has been a part of my life for as long as I can remember. Some of my fondest childhood memories revolve around playing baseball in little league and going to major league games with my dad. Baseball always was a great father-son bonding moment for me as a kid, and I've carried on the tradition with my son.
On spring days, my dad would pitch to one of us while the other would play the field. The yard was big enough to allow us to use baseballs, at least during our younger years before we discovered our power and we started breaking windows on the house. My father, my brother and I were always playing baseball in the backyard. Even when we weren't hitting, I can still remember enjoying throwing a baseball back and forth to my dad, who never seemed too tired to play with us even after a hard day of work.
The following season, our team pretty much stayed in tact, but we were now called the Twins. During this season, we were one of the top two teams in the league. Coach Neylan did a great job with our team, and we came a long way from the previous season. We made it to the championship game that season. This game took place on the only fenced field in town. There was a concession stand and announcers, and you really felt the playoff atmosphere, even though we were only 9 years old.
It was during the holdback season that I finally got to play for my dad. He had already been the coach of my younger brother's team for four seasons. It was exciting to finally be on his team. My dad was probably the fairest coach that anyone has ever played for, which is likely why his teams usually had a losing record. To him, it was more important to give every kid a chance then it was to try and win games.
The other thing that I'll always remember about baseball is my father taking us to see a Mets game every year at Shea Stadium. We always had so much fun at the games, although in our younger days, it was more about eating whatever junk food came around, and less about watching the actual game.










