CondoDomain Hits The Big Screen

By Anthony Longo 29 04 2008

CondoDomain Corporate Flick

Watch on YouTube here.

Let us know what you think of our new video! Its a quick 2 minute fast-paced piece we through together in hope to convey to our audience who we are and what we do.  Comments are appreciated so feel free to post them to the public here…or if there really bad…send them to my email! Enjoy!

*** Remember CondoDomain is currently only operating as a Brokerage in Boston, MA - visit the new site at www.Boston.CondoDomain.com ***

- Cast -

Anthony Longo, Founder & CEO, CondoDomain.com

Tony Goldman, Developer, President of Goldman Properties

Derek Webley, Our very first client!

Special Thanks to:

Jessica Anthony, Team Memeber here@ CondoDomain for an outstanding job on the V.O.

Edgartown Ventures for special effects & post production



Smallest House

By Anthony Longo 28 04 2008

smallest house

This house, located near the intersection of Ave T and Van Sicklen is believed to be Brooklyn ’s smallest house. Occupying what used to be a driveway, it’s a one bedroom, one bathroom home that sits on a parcel of land 7.25 feet (2.2 meters) wide and 113.67 feet (34.6 meters) long and has an interior area of just under 300 square feet.

… is actually not in Brooklyn. In fact, it’s located at 128 Day Avenue in Toronto, Ontario, Canada, and even has its own Web site.

There appears to be some confusion swirling around the World Wide Web.

This “Little House” has generated significant buzz on the Internet and in the media because of its unusual size — it’s essentially built in a narrow driveway (laneway). Ellen DeGeneres even made a phone call during her talk show to inquire about its availability.

The 312-square foot home was recently on the market for a little more than $170,000. Proof that big good things often come in small packages.

To check out a video tour of the home click here.

Check out more details on the Foreclosure.com blog.



Second-Home Buyers Go Condo

By Anthony Longo 21 04 2008

trump condoThe second-home market is in a slump. But one type of vacation property is still showing signs of life: condos.

A study estimates that sales of vacation homes in 2007 fell 31%, to 740,000, from 2006. But sales of condos dipped only slightly — down 2.8% — while sales of detached homes dropped 38%. The upshot is that condos cornered a substantially larger share of the vacation-home market last year: 29%, up from 21% in 2006. Condos are selling better than single-family vacation houses for a number of reasons. They don’t require their owners to maintain lawns, trim shrubs, paint the exteriors or replace roofs — increasingly important concerns to an aging population. Condo communities also tend to offer amenities such as pools and clubhouses. And condos usually are cheaper to buy, and easier to resell, than houses.

Continue on Wall Street Journal 

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Wii Work

By Anthony Longo 20 04 2008
wii tennis

The Boston Business Journal did a fun article last week on: Companies embrace rocking out at work.

We were intervied on the fact and we thought we should share with you as it is article in which shows our companies ability to continue to stay innovative!  “Motion creates Emotion, right?” - Boiler Room

Brian Dame loves to watch Erik Dasque, his supervisor at BzzAgent Inc., shriek to Iron Maiden’s heavy metal anthem “Run to the Hills.” It’s just one of the recurring highlights that he and his co-workers revel in each month when they gather in a spare conference room to play the video games Guitar Hero and Rock Band.

“We’ll have a lot of people who are normally shy and quiet, and they’ll walk in and belt out a song like nobody’s watching,” said Dame, 39, a senior engineer at the Boston-based word-of-mouth marketing company. “One of the great things about working here is that there is a culture that goes beyond work. You’re spending eight hours a day with these people, so you should have some fun with them once in a while.”

….

Indeed, mimicking a West Coast work culture was exactly what Tony Longo, founder of three-year-old Boston-based luxury real estate startup CondoDomain.com, was after when he purchased a Wii for his office.

“A lot of my business associates are on the West Coast and every time we go out there I’m amazed at the office settings,” said Longo. “I try to bring that West Coast feeling here.”



NYC home prices up 28%, sales down 22%

By Anthony Longo 17 04 2008

REBNY reports $1.6 million average price for Manhattan

he average price rose 28 percent for all New York City homes, according to a market report released today, while the sales volume dropped 22 percent.

Produced by the Real Estate Board of New York trade association, the ResidentialNYC.com report revealed that the average price of Manhattan residential property jumped 41 percent year-over-year in the first quarter to $1.6 million and Manhattan sales dropped 6 percent. REBNY has about 12,000 members that work in a wide range of real estate-related fields.

This report follows the release earlier this month of real estate broker-sponsored first-quarter Manhattan market reports that detailed price gains and sales drops in the first quarter.

Inman News has reported that despite the continued Manhattan market price gains, some real estate professionals say the sales slowdown and other market trends indicate that the tide may be turning on the area’s red-hot real estate run-up.  More on luxury real estate here.
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Continued…. (via Inman News)



Client Satisfaction

By Anthony Longo 12 04 2008

boston condo letter

We love our clients! This a.m. Christian one of our Boston Condo Team Members got an email with a buyer he went out with on Friday. We love feedback like this…keep it coming!
Listening to the Stones - I Can’t Get No ….Satisfactionnnnnnnn



Redfin Select (Seattle)

By Anthony Longo 11 04 2008

redfin selectRedfin roles out Redfin Select catering to a more hands on buyer.

Redfin, a real estate brokerage company that offers deep rebates to buyers, is testing out a new service option in the Seattle area that allows buyers to participate in an unlimited amount of tours while reducing the company’s rebate rate.

Under the company’s standard plan, called Redfin Direct, prospective buyers receive two agent-led home tours free of charge and pay $250 for additional home tours. These consumers receive a refund of two-thirds of the commission that is paid to Redfin in a home-sale transaction.

The new Redfin Select plan offers a 50 percent commission refund but does not charge a per-tour fee. Participants in this service plan are limited to two tours per week.

Customers can choose to switch from the Direct to the Select plans after the first two free tours.

Traditional full-service real estate companies typically do not charge a fee to take buyers on tours of for-sale properties, though these companies also do not typically offer to refund a large amount of their commission to buyers.

More from Inman News

Read on Redfin Blog 

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Leonardo DiCaprio Buys Eco-Friendly NYC Condo

By Anthony Longo 4 04 2008

Leonardo DiCaprio, a staunch environmentalist, just bought a luxe eco-friendly New York City pad, according to New York magazine.

Called the Riverhouse, the 264-unit condominium high-rise comes complete with programmable thermostats, a 24-hour fresh-filtered air-systems a gray and black water treatment facility, rooftop green landscaping and free bike storage.

The building offers a children’s playroom, indoor 50? lap pool, media café, fitness center (with yoga studio), indoor children’s Light House, landscaped Riverhouse terrace and a dog spa.

DiCaprio is currently in Boston filming Martin Scorseses Shutter Island and with Michelle Williams.

More on NY Condos 



The Mortgage Marketplace by Zillow

By Anthony Longo 3 04 2008
Zillow Mortgage Marketplace

Rich Barton, CEO of Zillow.com has launched what I have expected since inception - a mortgage platform. I have not got a chance to dig-in yet and check out the structure of how this works…but from the surface it looks similar to a LendingTree, but at a Loan Officer level instead of a corporate level.

I definitly see this to be a source to reckon with.  The mortgage industry has been waiting for a major player to come down and transform the extreme inefficiencies that current retail and wholesale lending has.  As much as we love our preferred lender, and they truely are special to us and our clients, the Zillow Marketplace may be able to scale and offer lower interest rates…we will see.  We like the Zillow guys and will test this system shortly…but anyone else who dives in and applies through the Zillow Mortgage Marketplace…please let us know how it goes.  We are very curious.

Read more on Zillow Blog