DEAR BARRY: Your articles often recommend that home inspectors be hired to inspect brand-new homes. If a home has just been inspected and approved by the building department, what’s the point of hiring a private home inspector? –John
DEAR JOHN: The answer to your question is worth repeating. Here are the five essential differences between a building department inspection and a professional home inspection:
1. A building inspection is strictly for building code compliance, but it is possible for a home to be poorly built and still comply with code. Home inspections deal with all kinds of substandard conditions, including those that do not involve code, such as poorly fitted doors, poorly mitered trim, missing tile grout, missing shelves in cabinets, sloped floors, loose toilets and faucets, etc.
2. A building inspection usually lasts about 15 to 30 minutes, while a home inspection lasts from 2 1/2 to four hours. This is because many more things are inspected and tested in the course of a home inspection.
3. Building inspectors simply look at the completed construction. They do not test the operational condition of fixtures and appliances. Faucets are not turned on; drains are not tested for leaks; appliances are not operated; smoke and carbon monoxide detectors are not tested; and so on.
4. Gas and electrical services to a home are not turned on until the final inspection is completed and the home is signed off. The building inspector can approve the appearance of the wiring and gas piping, but nothing is tested as part of the final inspection because you cannot test fixtures without gas or electricity.
Home inspectors arrive when utilities have been turned on. They plug testers into outlets to ensure grounding, correct polarity, and ground fault protection. They operate built-in fixtures and appliances such as dishwashers, garbage disposals, lights, ceiling fans, exhaust fans, electric ovens, garage door openers, and more. They also test the gas-burning fixtures such as forced-air furnaces, water heaters, gas-log fireplaces, and cooking appliances.
5. Building inspectors perform a walk-through inspection only. They do not crawl through subareas or attics, and they do not walk on roofs. Home inspectors do all of these things, enabling them to identify construction defects that routinely go unnoticed during a municipal inspection.
Veteran home inspectors know that all brand-new homes have defects of various kinds, usually minor but sometimes major. Examples include broken roof tiles; missing roof flashing; attics without insulation; furnaces improperly installed in attics; congested drainpipes; drains that leak; nontempered glass next to bathtubs and showers; inoperative GFCI outlets; ungrounded outlets; drain vents that terminate in attics; chimneys in contact with combustible materials in attics; loose safety rails; disconnected air ducts under the house; PVC discharge pipes on water heater relief valves; and this list could go on and on.
These are the reasons why people who buy brand-new homes should hire an independent home inspector. A home inspection gives homebuyers the best opportunity to take advantage of the builder’s warranty. Bypassing an inspection leaves undisclosed defects to be discovered at a later date, after the builder’s warranty has expired.
Category Archives: Cross River NY
The Real Estate Book updates marketing products website | Chappaqua Real Estate
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Real estate marketing platform The Real Estate Book has updated its online marketing tool, trebstore.com, to allow agents and brokers to target the brochures, postcards and flyers they create on the site to their contacts’ demographic characteristics and locations.
The three-year-old marketing hub, powered by communications company R.R. Donnelley and Sons Inc., allows users to access their listing photos and data from RealEstateBook.com, which has 1.5 million listings in the U.S., Canada and the Caribbean, and create marketing materials from them.
The service then charges users to have them printed and delivered or to download the digital file. Costs range from $0.61 per 6-by-9-inch mailed postcard to $2.05 per 11-by-17-inch mailed brochure. Users can download and print the pieces themselves at a subscription rate starting at $0.99 per download.
The service’s new targeting capabilities make it easy for real estate pros to maximize their marketing efforts, said Scott Dixon, CEO of NewPoint Media Group, parent company of The Real Estate Book.
Advertisers “can choose a specific area down to the subdivision level and then filter their list by household income, the amount of time the consumer has owned the home, for example,” Dixon said in a statement.
Sample design template on The Real Estate Book’s trebstore.com.
Trebstore.com also offers a broker product that allows brokers to create consistent branding for all of the pieces their agents send out using the site.
Last year, The Real Estate Book updated its website to make it mobile-optimized and released an iPhone app.
How to make the most of Google’s new approach to analytics | Chappaqua Realtor
Google Analytics logo
Google Analytics is changing. And it is changing in very significant ways. It’s such a significant change that they’re taking the word “Google” out of the name and calling it Universal Analytics.
For those who find it valuable to understand the behavior of people online, Google Analytics has been the go-to analytics package for many years. The combination of tracking capabilities, reporting options and cost has been a three-pronged fork stuck into the side of any other tracking package out there.
Before anyone gets too excited about all this it’s worth noting that these changes are rolling out in beta to enterprise and premium customers. This means those who are dabbling in analytics won’t see these features in their free Google Analytics accounts for awhile, if at all.
The change to Google Analytics starts with a conceptual shift which then leads to significantly new reporting capabilities. Let’s do a quick overview of two of the bigger changes (there are quite a few more, but I will spare you from a discussion of some of the more esoteric subjects, such as using your own anonymous sessionization keys).
A conceptual shift from visits to visitors
One of the things that is hard for first time Web analytics users to wrap their heads around is the difference between a “visit” and a “visitor.” I sometimes joke that this is the hardest concept to understand in all of Web analytics. Let’s review.
A “visitor” is a unique machine accessing your website. Every individual machine that goes to your website increases your visitor count.
A “visit” occurs each time any machine accesses your website. Your visit count is increased whenever any machine shows up on your website. One “visitor” can generate multiple “visits.”
An example usually helps makes this clearer: If I use my laptop to go to your website, that will generate one visitor and one visit in your Google Analytics reports. If I use my laptop to go to your website once in the morning, once in the afternoon and once before I go to bed that will generate one visitor (my laptop) and three visits (morning, afternoon and before I go to bed).
Note that these things are discussed in terms of “machine” and not “person.” For example, if I visit your site from my iPhone, my iPad, my laptop and a computer at work that will generate four visitors (one for each device) and four visits.
A final, nerdy way to describe the relationship between visit and visitor is: a visit is attached to only one visitor, but a visitor can have many visits.
Why is it important to understand this? Well to make reports for understanding what people are doing on your site we need a sort of common denominator. Most businesses would like to use something closer to their actual customer (in this case “visitor”) as the common denominator across reports.
We want to know how many people clicked on an ad and then arrived on our website and did stuff. We’re not as happy with knowing how many visits resulted from people clicking and and then doing stuff on our site. It could be the same person clicking the ad over and over again, and that makes us anxious.
But for many years now the level of reporting that Google Analytics has given us has been different for visits and visitors. In fact, the reports available for visitors have really only been very high level stuff and not as useful for understanding specific things about our website. Google Analytics wasn’t alone in this — everyone in the analytics vendor space has had this issue.
The common denominator of Google Analytics is visits, not visitors.
The big change is that the newly renamed Universal Analytics will use visitors as the common denominator. This means that all of your reporting will align much better with how you view your business: something that helps customers.
Bullet list version of what this will mean for users of Universal Analytics:
- The numbers in your Universal Analytics report will more closely align with the numbers in your CRM.
- All of the measures you’ve been using so far to measure performance will look significantly larger than the new visitor-based versions.
- Integrity of leadership will be tested with the opportunity to present small, more useful visitor-based numbers instead of larger, more vanity-based visit numbers.
What does “Universal” mean?
The new Universal Analytics will now accept data from other sources than just a Web page. Sure there have been ways to torture the Google tracker into different code bases before. But now there’s going to be an accepted and useful way.
This means all of the ways of distributing content and interactions digitally can now talk to Universal Analytics. For example, your call center can register interaction, or your CRM tool can register interaction.
This, like the switch to a visitor-centric reporting model, is a big deal. Up until now Google Analytics has been very useful for understanding a specific slice of your interactions with customers: starting after they heard about your site and arrived and ending as soon as they left or did the thing you wanted them to do on the Web. This has left a gaping hole of information about things people are doing before they get to your site and, even more importantly, what they do after they fill out the lead form or call you.
You’ll be able to import conversion data as well. So when your Web gal tells you about how many “conversions” the Web is generating, you won’t have to translate the difference between a Web conversion and someone that made it through your qualification systems and actually bought something.
This shift is really what the name change is about. It changes Google Analytics from a good but limited tool — a Web analysis tool — into a broader and more capable tool, a business analysis tool. This is the shift from Web intelligence to business intelligence. And that’s awesome.
The bullet list of what this stuff means:
- Universal Analytics will be able to perform as a business analytics and reporting tool for customer behavior on platforms beyond the Web.
- The difference in quality of interactions and leads from a variety of sources will no longer be opaque and will thus present a risk to some businesses (I’m looking at you social media gurus and garbage vendors).
The downside
You didn’t think this was going to be all unicorns and rainbows did you? Even though I’m a proponent of analytics tools like Google Analytics, there are always some trade-offs when major shifts like this happen.
You’ll need to add some tracking code to use Universal Analytics. I know. No one likes doing this. It’s always scary and confusing. Sorry, I don’t make the rules.
The new code handles almost everything the Google Analytics code does. But one thing it doesn’t enable is Experiments nee Google website Optimizer. This is, of course, a crushing loss. I’m not sure if this is a short-term thing or not. But there are other great tools for A/B and multivariate testing.
My friends of the tinfoil hat persuasion will likely raise their eyebrow at the idea of Google knowing the deep dark secrets of how a business truly operates once people start uploading conversion data. I also expect a few privacy-related issues with the visitor-based reporting.
And, of course, Google Premium isn’t free. But it wasn’t free before these changes either.
The bottom line
For businesses that either already are or are working towards becoming more data-driven the adjustment in approach from Google Analytics to Universal Analytics will be very useful.
There will be some hiccups as the reporting style is changed from visit-based to visitor-based. These hiccups will provide an opportunity for leadership to demonstrate their value to the organization, analytics practitioners to demonstrate leadership or both.
A technology that increases your ability to observe customer behavior and increases the relevant data sets available for you to discover insights should result in better decision-making and results for you, your technology partners and your customers.
30 Responsive Portfolios For Your Inspiration | Cross River Real Estate
Strong new home sales brighten housing picture | Cross River Realtor
Strong new home sales brighten housing picture
New U.S. single-family home sales surged in September to the highest level in nearly 2-1/2 years, further evidence the housing market recovery is gaining steam.
The Commerce Department said on Wednesday that new home sales increased 5.7 percent to a seasonally adjusted 389,000-unit annual rate — the fastest pace since April 2010, when sales were boosted by a tax credit for first-time home buyers.
Although sales in August were revised down to a 368,000-unit rate from the previously reported 373,000 units, the tenor of the report was relatively strong, with the median price of a new home rising 11.7 percent from a year ago.
The quickened pace in the housing sector is good news for the economy, but it remains one of the few bright spots.
“Housing is now a positive for the economy after years of being a drag, but it’s not enough to counteract the slowdown in manufacturing, which was the star,” said David Berson, chief economist at Nationwide Insurance in Columbus, Ohio.
A second report showed only a modest pick-up in factory activity this month amid a darkening cloud of economic uncertainty at home and slower growth abroad.
The home sales data was the latest to show the housing market on the mend from its brutal collapse in 2006, which dragged the economy through its worst recession since the Great Depression.
Rising sales are pushing down the stock of unsold properties on the market, lifting prices and giving builders more confidence to take on new projects.
Demand for housing is being driven by a steady rise in the number of U.S. households, which had declined during the recession as financially strapped Americans moved in with family and friends. Modest job gains, increased job security and record low mortgage rates are encouraging many to seek home ownership.
The U.S. Federal Reserve has targeted housing as a channel to boost growth, announcing last month that it would buy $40 billion in mortgage-backed securities per month until the outlook for employment improved substantially.
The action helped push already low mortgage rates even lower. However, mortgage rates rose last week, dampening demand for loans to purchase homes during that period.
The Fed’s monetary policy committee on Wednesday stuck to its ultra accommodative stance even as it acknowledged that some parts of the economy, including the housing market, were looking a bit better.
MANUFACTURING SLUGGISH
While the Fed’s stimulus is supporting the consumption side of the economy, concerns about domestic fiscal policy and slowing global demand are hobbling the production side.
In a separate report, financial information firm Markit said its U.S. “flash,” or preliminary, Purchasing Managers Index for the manufacturing sector edged up to 51.3 this month from 51.1 in September. A reading above 50 indicates expansion.
A modest rise in output helped boost business conditions in the sector, which suffered its weakest quarter in three years during the July-to-September period.
But fewer orders from domestic clients and a fifth straight monthly decline in overseas demand for U.S. goods indicated manufacturing was acting as a drag on growth and employment, said Markit Chief Economist Chris Williamson.
“Purchasing managers report that the key to the ongoing weakness remains uncertainty among customers in export markets, notably Europe and Asia,” he said.
The slowdown in factory activity is largely the result of fears that the U.S. Congress might fail to avoid the automatic tax hikes and government spending cuts that will suck about $600 billion out of the economy next year.
The housing data, however, showed no signs yet that the so-called fiscal cliff has crossed the radar of ordinary Americans.
The inventory of new homes on the market remained near record lows in September, although some economists worry a pick-up in building activity could undercut the market if sales do not rise significantly further.
At September’s sales pace it would take 4.5 months to clear the new homes on the market, the fewest since October 2005 and down from 4.7 months in August.
Sales last month were up in three of the four regions. They tumbled 37.3 percent in the Midwest.
Dublin Home Prices Rose Most in Six Years | Chappaqua NY Real Estate
Dublin home prices rose the most in six years in September, the latest sign that Irish residential property prices are stabilizing after the country’s decade-long real estate bubble started to deflate in 2007.
Home prices in the Irish capital rose 2.4 percent from a month earlier, the biggest gain since August 2006, the Central Statistics Office said today. Residential property prices nationwide rose 0.9 percent in September, marking the third consecutive month of gains.
“Anecdotal evidence points to pent-up demand for family homes, especially in certain areas of Dublin,” said Alan McQuaid, chief economist at Merrion Capital in Dublin. “While the figures are encouraging, I think it is too early to say whether house prices are on a steady upward rise.”
Irish property prices are gaining after homes lost half their value since a property crash pushed the nation to the brink of insolvency and the unemployment rate tripled. A lack of bank credit and the end of tax-relief measures for new buyers next year along with high unemployment will weigh on the housing market, according to McQuaid.
Ireland’s unemployment rate was unchanged at 14.8 percent in September. New Irish mortgages granted in the second quarter declined 16 percent to 524 million euros ($678 million) from the same period a year earlier, the Irish Banking Federation said in August.
“For homes in well-established parts of Dublin, demand is outstripping supply,” Aoife Brennan, head of research at Lisney, an Irish broker, said in a statement today. “In recent months, cash buyers have been making up about 40 percent of the Dublin market.”
The CSO data is compiled with mortgage data from lenders. Dublin home prices would show a bigger increase if cash purchases were included, according to Lisney.
Cross River NY reads Employment Rate | Cross River NY Real Estate
Content Marketing and Strategy | Katonah NY Real Estate
Last week I gave a lecture to Estonian Business School MBA students. The lecture topic is Content and Strategy and it gives an overview how to use blogs, content and social media to drive business results for your brand.
The key points of the lecture are:
Goals (measurable user actions)
- Marketing models (consistency, predictability, and repeatability)
- Target group
- Content strategy (what do you have to offer)
- Participation rate
- Types of content
- Best practices
- Max strategy of content distribution
- Basics of on page SEO
- Content planning
- Keyword research
- Promoting content
- Engaging target audience
- Social media bomb
- Link building
- Driving conversions
- Distributing content to your blogs and social media sites
- Planning resources (people, time, money)
- Measuring results (and ROI in socia media)
via dreamgrow.com
U.S. sues Bank of America over Hustle mortgage fraud | Cross River NY Homes
5 Reasons Why Do-it-Yourself Marketing Can Actually Hurt Your Business | Katonah NY Homes
Entrepreneurs, by nature, are do-it-yourself people. Not a bad thing. While that trait may serve you in many areas there’s one where it actually works against you: Marketing. Here’s five reasons why.
1) You Don’t Know What You Don’t Know.
While you might feel savvy after reading a couple marketing books or listening to a savvy marketing guru, it doesn’t compare to working with a qualified team or consultant with great experience and a great record. You simply don’t know what you don’t know, and if you do it yourself, what you don’t know will hurt you. Like having a tag-line that makes no sense, or sends a wrong message. Like pouring money into SEO or your website when the better focus is Content Marketing and improved organic search. Like not realizing you need video. Or having a self-produced video that’s so unprofessional it works against you. The list goes on.
2) A Business Owner Can’t Be Objective.
Passionate business owners tend to be absorbed by their business—an advantage when it comes to DIY marketing, right? Not really. Effective marketing starts with an unbiased perspective. To be successful at marketing, business blemishes must be seen clearly. As a business owner you just don’t have that objectivity. If you read Ken Segall’s book Insanely Simple, about his working with Apple, you’ll read how Steve Jobs was proven wrong time and time again by his more objective and talented outside team who created some of the most iconic and successful marketing ever done.
3) The Best Marketing Isn’t About A System or Formula.
As more small business owners attempt to save money by trying to do their own thing, more self-proclaimed marketing gurus are popping up on the Internet with their “Amazing Profit-Making Marketing” systems. They all sound amazing and they all claim amazing results. They even have amazing testimonials. But every business is different, and a cookie-cutter, systematic approach is not the most effective way to market a business or product. While an “Amazing Profit-Making Marketing System” sounds amazing, the ones making the most money from them are usually the ones getting you to spend money on them.
4) Great Marketing Requires Talent.
Great marketing is part science, part art. Yet, the creative part often gets lost or diminished in this ever-advancing tech world. Focused, creative talent is the ingredient that helps communicate your message and persuade your prospects to buy. It’s not easy to find, but if you do it’ll make a huge difference.
5) DIY Doesn’t Really Save Money.
Because you’re not spending money on outside resources you might think you’re saving tons of money with a DIY approach. Just remember this…it’s not just what you spend, it’s what you spend and get back on what you spend.
Great marketing will get you back more, and sometimes significantly more, than what you spend. So, how do you get great marketing? You find and hire great marketing people, like Steve Jobs did, like Nike’s Phil Knight did, and like every successful business owner does. And, they didn’t just do it when they were big successful companies with huge marketing budgets. They did it from the very beginning of their companies, only months after they incorporated.
You also have to factor in what your time is worth. It’s not cheap. If you kept track of every minute you spent trying to do it yourself and applied a dollar value to that, you’d be surprised at the expense. Also realize that every expensive minute you spend fumbling with something you don’t do great is taking away valuable time and talent from something you do do great. That’s another expense.
To sum up I’ll end with a simple quote from someone who’s interviewed hundreds of small business owners and knows what it takes to be successful:
“Business success is all about finding the right outside service providers and using them wisely. You can’t do it all yourself.” — Anita Campbell, Founder of Small Business Trends







Goals (measurable user actions)
