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Home Selling in Dayton : Real Estate Advice

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  • Local Info0
  • Home Buying9
  • Home Selling4
  • Market Conditions4

Activity 8
Thu Sep 17, 2015
Michael Dolan answered:
Is your home listed with an agent?
0 votes 1 answer Share Flag
Sun Mar 20, 2011
Jim Townsend answered:
If you're asking what time of year is best, clearly the spring is best. April 1 is usually a target date for my sellers. If you want to know if the market is right to sell then consider this;
The stock market is soaring right now (yes, soaring) Some of my equity investments are up 40%. Corporate earnings are up. Retail sales are strong, indicating a rise in consumer confidence. Jobs are on the rise. In my area (Princeton, NJ), forclosures are not a significant problem as in other areas. I concede that this is keeping downward pressure on sales. The currently unstable oil market has put a squeese on travel and food prices but no one knows if this will be a long or short term problem (other countries have increased oil output).
One main concern for potential buyers is the effect of interest rates on home affordability. When the economy starts to show improvement, prices will rise (they already have in the Princeton area!). If inflation is a fear then the Federal Reserve will increase rates. Just a small increase in rates and prices will bump buyers into a lower price range. Finally, Sellers become buyers unless you want to rent (you should have done that before the markets improve). If you sell at a discount then you will also buy at a discount. Barbara Corcoran (NBC Consultant and former broker) said you'd have to be "crazy" not to buy now, if you can afford it. I'm obviously bullish on the market but the fact that my business is showing a large surge, suggests that there may be good sales around the corner (fingers firmly crossed).
Jim

jimtownsendhomes.com
... more
0 votes 20 answers Share Flag
Thu Feb 10, 2011
Gina Chirico answered:
Dahlia,

I've been reading through many of your questions you've been asking. Obviously you are relocating to Texas so you need to sell your house. In order to sell your house there's plenty of factors to consider like pricing it right, marketing, easy to show, etc. If you list it without an agent, how are you going to advertise your house is for sale and more importantly, who's going to pay for your advertising? Who's going to make sure that everyone who knocks on your door is a credible, ready, willing and able buyer? Are you going to let just anyone in your house? Who's going to negotiate on your behalf? Do you work? If yes, who's going to filter the call you will be getting on your home? Can the home now only be shown in the evenings or weekends? These are some examples of thee value of a real estate agent.

If you owe more than or close to what your house is worth then I understand for financial reasons you want to and need to cut back but what if you don't sell it in time to move? Will you stay here? Will you rent it?

Make appointments with some agents in your area. Talk to them, ask them questions, let them run the numbers (CMA) on your house to see what its worth. Maybe you do have more equity in the home than you think or perhaps its even less than what you thought. You need to come up with a game plan and your secondary plan in the event the first one doesn't go right (the house doesn't sell, etc.). Sherman Anti-trust laws prohibits agents from discussing commissions on a public forum, or even amongst ourselves. Commissions are negotiable and are between you and your agent so as I said above, contact a few agents and take it from there but don't choose based solely on commission - without the right pricing and marketing, your house may not sell and then what?

Good luck,

Gina Chirico, Sales Associate
Lattimer Realty
973-715-1158 cell
973-575-6353 ext 17 office
Gina@GinaChiricoRealEstate.com
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0 votes 5 answers Share Flag
Wed Feb 9, 2011
Kathy Vetten answered:
If you want to sell your home, take a look at whos selling homes in your area, Look for Advertisment like billboards,, these are not cheap,, and the realtor spending this type of money, obviously is eager to list and sell... It only takes one ... and believe me, you wont be interviewing them.....He/or/She will be interviewing you... If you want to sell, you must listen and take the realtors advice.. they know the market, and they know what it will take to sell your home.. AND never judge a book by its cover...... Realtors like myself work 6 sometimes 7 days a week ..... One good word of Advice... JUST ASK THE REALTOR... "DO YOU WORK FULL TIME OR PART TIME?" YOU WANT A FULL TIME REALTOR.. and if they are busy working for you, they wont have a lot of time to constantly babysit you, but will give you periodic updates....... ... more
0 votes 19 answers Share Flag
Mon Feb 7, 2011
Susan Norman answered:
There are no listings currently for sale in Dayton Center II. The last one was a 2 bedroom 1 1/2 bath Montvale home and it just went under contract. That home was listed for $259,900. Sales price will not be available until closing. I am a broker associate with Henderson Sotheby's International Realty in Cranbury, not far from your home. My area of concentration is Middlesex County. Give me a call if you would like me to visit and I can give you a more accurate analysis for your home.
Donna Levine 732-718-4559
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0 votes 4 answers Share Flag
Sun Aug 29, 2010
John Sacktig answered:
The broker is protected in anyone that they have shown the house to while listed. If you re-list with another Real Estate compay that protection clause is no longer valid.

The clause is to protect the broker from you telling someone, hey, come baqck in a week and I'll sell you the house. That is it. ... more
0 votes 4 answers Share Flag
Sun Aug 29, 2010
Mary Petti answered:
Well then, have you spokent o someone at the township to have them inspect the basement and make sure it's to code ? Given all your other information, this is probably the best route to take at this point. Better safe than sorry. ... more
0 votes 3 answers Share Flag
Mon Aug 16, 2010
Mary Petti answered:
Do check with an attorney because there IS something called procuring cause and you may be liable, whether or not clause #4 says zero. If you don't re-list with another agent/agency, you may still be liable to pay the listing agent AND the buyers agent since it was shown to the buyers during the listing agreement and these people already showed interest in the house.

However there are a few things. If you were NOT unhappy with your agent, just unhappy with the inital offer these buyers made, and now want to sell it to them, why not just relist with your agent, and get the contract drawn up by the buyers agent. After all,even tho there is a zero in the clause, did your agent work for you during the listing period and get you a contract that YOU rejected?

Also, I am assuming the buyers also had an agent, who wrote the initial contract you rejected, so you would be cutting out two agents and their source of income. If you can live with yourself knowing that you did this, then go ahead and sell it to the buyers if your attorney advises you that you aren't liable for commission. But IMHO, I think this stinks.
... more
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