Frank Ledermann

I'm a:	Real Estate Professional
Company:	Houlihan Lawrence
Location:	Scarsdale 10583 New Rochelle Eastchester Bronxville White Plains Larchmont Mamaroneck Tuckahoe Ardsley View all locations...
Web sites:	Frank Ledermann's Scarsdale Homes
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Phone:	(914) 261-8888

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About Me

I have lived in Westchester all of my life, and in Scarsdale for the past 22 years. Licensed since 1980, I have a thorough knowledge not only of Scarsdale, but of all the surrounding areas. Since I have listed and sold many Westchester properties over the past 28 years, I have an excellent understanding of the local real estate market. This resulted in my being named one of Houlihan Lawrence's "Gold Level" Top Producers in 2004, "Platinum Level" with both Houlihan Lawrence and the Westchester County Board of Realtors in 2005, "Emerald Level" in 2006, and Diamond Level for 2007. I am one of the top 50 agents with Houlihan Lawrence and was the #1 Top Producer in the Scarsdale Branch in both 2005 and 2006.

As a Licensed Associate Broker with an education background, I can fully appreciate and understand the importance of schools and the impact of a school system on your lives.

In this competitive market, it is essential for Buyers to use a Realtor who not only understands quickly what you are hoping to find, but how to find it and make it yours. For Sellers, it is essential that the full value of your home is realized in a sale, regardless of market conditions. Please allow me to take the stress out of your next real estate transaction and add you to my list of satisfied customers.

If you are interested in buying or selling a home, I can promise you unparalleled service and honest communication. I am excited about the possibility of our future relationship!

BACKGROUND:
My background and training is in the field of Education, with over 30 years' experience and 3 Master's degrees.

MEMBERSHIPS AND CERTIFICATIONS:

Westchester County Board of Realtors
National Association of Realtors
New York State Association of Realtors
Council of Residential Specialists (CRS)
Relocation Certified (RELO)
Accredited Buyer Representative (ABR)
Certified Buyer Representative (CBR)
Certified Residential Specialist (CRS)
Graduate, Realtor Institute, NY Chapter (GRI)
Seniors Residential Specialist (SRES)
e-PRO Internet Certified (e-PRO)

HOBBIES:

Renovation of old houses
Collecting antiques
Gardening
Photography
Cooking

My Q&A View all >>

Frank Lederm…'s Questions (0)

Frank Lederm…'s Answers (6)

Why do co-ops in Hartsdale not allow owners to rent them out?

Asked Mon Feb 11 2008, 19:22 by Anonyman - Hartsdale - Home Buying - 6 answers

Frank Ledermann answered:

There are quite a few co-ops along E. Hartsdale Avenue, and some off W. Hartsdale Avenue. Renting out one's unit depends on a few things (and an experienced agent will know...). First, determine if the co-op allow rentals at all. Some do not, as they discourage "investors" who will not reside in the property. Rentors generally do not take as good care of a property as owner/occupiers. The next issue is financing. Banks want to know the percentage of units which are owner occupied. If a too-large percentage are not, a lending institution may not grant a mortgage for that property. Some co-ops do allow rentals of their units after they have been owner occupied for a period of time, usually at least 2 years. Some co-ops restrict the length of time a unit can be rented, for example, one 2 year period, or no more than two 2 year periods, after which the unit must be sold. If you are an investor, then buy in an investor-friendly building, again being sure that it is not overly rented, which may impact financing. Co-ops generally want the buyers to occupy the property, so that they become involved in the workings of the co-op. After all, the word "co-op" is the shortened version of "co-operative," where everyone is hopefully involved in the decision-making process, as those decisions affect everyone. (Frank Ledermann/Houlihan lawrence Real Estate/Scarsdale/ mobile 914-261-8888.) - Tue Feb 12 2008, 14:14

Is it easy to find parking space around Scarsdale train station during rush hour? Without car, any public

Asked Thu Oct 18 2007, 21:50 by Missmoo - Scarsdale - Traffic & Public Transportation - 6 answers

Frank Ledermann answered:

In order to further clarify the parking situation in and around the Scarsdale Station (see my original answer below...), it depends on where you purchase your home. If you purchase in Scarsdale proper, you can apply for a garage permit twice a year. Once obtained, you can park in the Freightway Garage on Garth Road. Parking on Scarsdale Road is metered and has certain rules and restrictions. There aren't any private lots or garages near the station, and street parking in the area is monitored. Grayrock Road is available only to Eastchester residents who must get a parking permit, and then find a space. These are usually given to residents of the co-ops on Garth Road. All is not bleak, however. There are many local areas in Scarsdale and the Scarsdale P.O. (Eastchester and Yonkers) where one can walk to the train. Also, there are local Beeline buses throughout Scarsdale and Edgemont which bring commuters right to the train station. Your price range will have a lot to do with what your choices are. I hope that this is helpful. Frank Ledermann/Houlihan Lawrence Real Estate/Scarsdale/mobile (914) 261-8888 - Tue Feb 12 2008, 13:15

Parking in Scarsdale can be an adventure sometimes. If you are a NYC commuter, you would need to get a parking permit, available only to Scarsdale residents, at the Town Hall and good for 6 months at a time. Since there is new construction in the downtown, parking is limited. Eventually, there will be more parking. If you merely wish to shop, you will eventually find a space even if you have to circle the downtown a bit.

Frank Ledermann, Associate Broker (Houlihan Lawrence, Scarsdale) - Tue Dec 11 2007, 13:39

How To Make My Home Stand Out?

Asked Thu Dec 27 2007, 10:12 by William - All locations - Foreclosure - 37 answers

Frank Ledermann answered:

Sometimes, market conditions are what they are, despite all sorts of creative and heroic efforts. As a top producer in my marketplace, I have been faced with this myself. I would say to "stay the course" and not disrupt the marketing they have done. In this case, just be on the market, and ready for that buyer to come along. The reality is that things are just taking longer, and some buyers are playing a waiting game...
(Frank Ledermann/Associate Broker with Houlihan Lawrence Real Estate in Scarsdale, NY (914) 261-8888) - Thu Dec 27 2007, 14:58

Could the holidays account for no showings on our house?

Asked Thu Dec 27 2007, 12:12 by Schaupp - 55376 - Market Conditions - 11 answers

Frank Ledermann answered:

We are still in the midst of the fallout from the subprime situation, and the newspapers are not sending "buying signals" (although I feel it is a great time to be a buyer). No matter where your house for sale is located, the holiday period (Thanksgiving to New Years's) is typically slower than at other times of the year. People are focused on "getting through" the holidays, shopping, and are generally not thinking as much about buying a new home. That being said, you can be sure that the Buyers who look during this time are very serious. Remember, it only takes one serious buyer to bring about a sale of your home. In the worst weather, the ones who are out there looking are serious! People might also be putting off their new home search until after the new year. At that time, job changes might be more clear, end-of-year performance reviews are completed, and people feel more secure. In some places, the "spring market" may begin in the dead of the winter months. This all depends on where in the country houses are located. I would also suggest that many home sales are driven by the school year and buyers with children in school are less likely to move during the middle of the school year. This does not apply, however, to those who are relocating, due to job or personal life changes.
(Frank Ledermann/ Associate Broker with Houlihan Lawrence in Scarsdale, NY (914) 261-8888 - Thu Dec 27 2007, 14:54

how is market doing in Scarsdale, NY?

Asked Wed Oct 3 2007, 09:25 by Paul - Scarsdale - Market Conditions - 3 answers

Frank Ledermann answered:

First, let's not confuse "Scarsdale" with areas which have a "Scarsdale P.O." One can have a Scarsdale address and be in Scarsdale, Edgemont, northern New Rochelle, the north end of Eastchester, parts of Ardsley, and the northern tip of Yonkers.

In Scarsdale proper, our inventory is slightly down, sales are brisk, and we have a slight appreciation of value. While some homes are taking longer to sell, we are still seeing some spirited bidding with some homes going very quickly, sometimes within days.

Frank Ledermann, Associate Broker (Houlihan Lawrence/Scarsdale) - Tue Dec 11 2007, 13:32

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