Cheng

  • I'm a:
  • Home Buyer
  • Location:
Cheng,  in 08817
  • 72 Answers
  • 3 First Answers
  • 5 Useful Answers
Flag Report this profile
 
My Q&A View all >>
Cheng's Questions (24)
Cheng's Answers (72)
Cheng answered:
Ok, I just found it at realtor.com http://www.realtor.com/search/listingdetail.aspx?zp=08854&ml… that 7 units have been sold and 6 left with different number of bedrooms like 4 or 5 ... Cynthia (732)735-2897 is the listing agent. - Yesterday, 13:28
Cheng answered:
Any Trulia Realtor specialized at Victoria Park would like to hold a Community Tour@ to Victoria Park? All it needs to do is for the realtor to set up a series of shows, e.g.

12-1pm show unit A
1-2pm show unit B
2-3pm show unit C
3-4pm show unit D
4-5pm show unit E

all in Victoria Park at Edison http://victoriaparkatedison.blogspot.com/ That way, it would give "selling agents" specialized in the community a chance to hold Multiple Mini Open Houses@ through out the community, and hundreds of propective buyers from Greater New York City area already know they want to buy either Edison Manor (sold out http://edisonmanor.blogspot.com/ ) or Victoria Park due to Edison Train Station would be able to see as many units as they are interested in in one trip. - Yesterday, 13:23
Cheng answered:
Dear Victor,

I do not blame you because you did not know I went to UC Berkeley both under and graduate major at EECS/CS. Website is so-called Web 1.0, and these days, forum like this is called Web 2.0, but my research is involved with Web 3.0 that even Google won't have in 10 years from now.

On the other hand, hundreds of thousands of prospective buyers (to be precised, over 200,000 prospective buyers came to my Web 3.0 real estate network, and I referred them to Trulia. That is to say, Trulia will continue to be more and more powerful and productive. Why wasting playing phone tags with realtors and hide and seeks with the real market info?

This is science, NOT politics, whether one votes me or not, I am correct, and you shall see in the future for yourself.

Also, be aware that hundreds of prospective buyers looking to buy Westgate at Edison http://msx.mlxchange.com/Pub/EmailView.asp?r=335238131&s=MSX&t=MSX will be redirectted to this forum and see all the first hand info about Westgate community, and all the Open Market Analysis@. That is to say, any intention trying to behave uncivilized will later find out they saying bad language over a huge microphone.

Any realtors posted irraltional comments here, you will find prospective buyers will see them...

Cheng - Yesterday, 11:31
Wow! Can you believe 5 more units at Westgate just sold under attorney review? http://msx.mlxchange.com/Pub/EmailView.asp?r=335238131&s=MSX&t=MSX (Thanks, Mary) and only 6 left, then it would be completely sold out!

Don't you think it is the power of Trulia?

According to USA Today, top 20 real estate websites was evaluated last 2007, and although realtor.com remain the #1 visited website, the traffic dropped 10%, Yahoo real estate was #2, and traffic increase 48%, do you know how much traffic Trulia increase in 2007? 135%!!! Of course, many other websites have decrease on visit traffic.

Although I am not the CEO of Trulia, but don't forget I specialized at Performance Analysis, and I went to UC Berkeley both under and graduate major EECS/CS, so I have my own set of performance analysis tools to measure.

So, if I were a realtor with cost effective marketing strategy to help my clients, I would do ONLY on Trulia in addition to required MLS. NOTHING ELSE. Before open house, I would get Jose 732 979-9100 (cell) to deliver 1,000 invitation flyers to Prospective Buyer Communities@ where there are hundreds of anxious buyers could not get out of the maze of dozens of real estate website out there.

By continue providing Open Market Analysis@ for a community such as Westgate like Mary did to post CMA Grid with A,AR,U and C status for past 12 months like this one http://msx.mlxchange.com/Pub/EmailView.asp?r=335238131&s=MSX&t=MSX I can assure you that all the units would be sold very quickly. And, don't forget, most sellers are looking to buy bigger homes, and you would not only help sellers, you also help buyers ...

How do you think? - Thu May 15 2008, 13:16
By the way MLS says 420 Westgate Dr listing $369,900 and closed at $357,000 ... not $345,000 ... - Thu May 8 2008, 10:04
That's wonderful! Would you like to be nominated at Preferred Community Realtor@ at Westgate Community@ http://westgatesquare.blogspot.com/ ? If you do, please post

1. CMA Grid of all condo/townhouse of Westgate with A,AR,U and C for past 12 months. like this one http://msx.mlxchange.com/Pub/EmailView.asp?r=257075535&s=MSX&t=MSX
1a. 8-picture link of the associated units of the above with your photo, cell and email address. like this one http://msx.mlxchange.com/Pub/EmailView.asp?r=1577365651&s=MS…

By the way, the Prospective Buyer Community@ of Westgate and Woodbrook Corners are Durham Woods Apt (currently rented out), and all you need to do is get Jose 732 979-9100 (cell) to deliver 1,000 invitation flyers to the prospective buyers community before your next Open House, and your unit would be sold for sure. Many matured tenants in the community are looking to buy and they want to stay close to their old neighbors and friends. - Thu May 8 2008, 09:59

How's the New Jersey Real Estate Market doing?

Cheng answered:
This is great news, and you will see the 2nd quarter of 2008 will be even stronger.

If your farming area has not yet picked up, all you need to do is start providing Open Market Analysis@ like Mary did at Westgate Edison http://msx.mlxchange.com/Pub/EmailView.asp?r=335238131&s=MSX&t=MSX

All you need to do is to provide this CMA Grid of all units in your condo/townhouse community with A,AR,U and C for past 12 months to the public. (e.g. your website, forum, email list ...etc) wherever you see fit and related to the community.

That way, hundreds of first time buyers in the Prospective Buyer Communities@ would be able to learn the market faster so that they can be well educated to buy their condo/townhouse, close and move within that 60 days when they received the scary rent hike renewal notice from apartment.

And, of course, when many condo/townhouses sold, their seller looking to move up to bigger home will become buyers, so you would help both first time buyers and move up buyers to buy their dream home at the best mortgage rate ever!

Another very powerful communication link is 8-picture link like this one http://msx.mlxchange.com/Pub/EmailView.asp?r=1764720975&s=MS… for all condo/townhouse with status A,AR,U and C for the condo/townhouse communities you specialized at mentioned above. That way, it will promote communitcation and help first time buyers looking buy to find their dream condo/townhouse much cost effectively.

In Computer Theory, in particular Combinatorics Theory, doing so will increase the efficiency an order of magnitude. that is to say, if it takes a first time buyer eventually to find their dream condo/townhouse in 11 months, it would not takes only one month. So, theoretically, the inventory of 11 months should be able to drop down to only one month... - Thu May 15 2008, 14:56
Cheng answered:
I am not a realtor, so you or anyone who are buying or not does not benefit me; however, I have found many Trulia Realtors did provide very professional answers and shared with hundreds of prospective buyers their great experience and vision.

Why it is good time to buy? They market says it is a good time to buy. e.g. Westgate at Edison just have 5 more units sold under attorney review as you can click to see http://msx.mlxchange.com/Pub/EmailView.asp?r=335238131&s=MSX&t=MSX and for past 12 months around 50 units sold and closed. So, it is the market saying it is a good time to buy.

Also, if you shop around on CD rates like Danny who found the CD rates in Bank of American is only 1% to 2%, similar to JP Morgan Chase ...etc. so you can understand why he just bought condos in Edison for investment in cash! He or another other savvy investors would sure to be glad that you do not buy but stay as his long term tenant. Why not? $1,400 a month for 1br 1ba condo at Edison Hollow South http://raspberryct.blogspot.com/ that is currently sold out!

By the way, even it is good time to buy at Edison, it does not mean you can always find what you want. Why? Other than Edison Hollow South, Edison Manor is also sold out too, and many condo/townhouses communities in Greater Edison area also close to be sold out. So, again, it is market think it is great time to buy, it is objective data showing that, not subject guess. - Thu May 15 2008, 14:13

Cheng is a member of Trulia Voices:

Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.