The number of people looking isn't as much related to pricing as the number of offers. However, you won't get showings typically if it is overpriced by quite a bit. With 20 showings in a month you are getting good showings but the issue then is that no one has made an offer. This may be because once they get to the property they don't see those "wow" factors that they see in other homes for the same price.
It may be a good idea for you to ask your agent to set somem showings of your competition and try to evaluate your home against them.
Kitchen!!! Great kitchens sell homes, do your competition have granite counters and new appliances? Other good things are nice baths, wood floors, new carpet,light fixtures and outside entertaining areas.
Did you have CONTINGENCIES for the Inspections?
This is done to give you an "OUT" in the event of something catastrophic.
Do you have Arbitration/Mediation?
Probably not, if you are working with Lawyers.
That info would be easy to track using a broker metrics tool. We generally look at our results at the county level, but drilling down to the township is certainly doable. If you have a home to sell in Hillsborough and this metric is an important criteria to you, then incorporate it into the requests you make of the agents/brokers you interview for the job. Watch for apples to apples comparison - some brokerages are independently owned and so their stats include one or two offices, while the larger brokers tend to pull in all offices. Both approaches could be argued to be "right" as they present info at the "broker" level. But it sounds to me as though you are trying to get at info at a hyper local level, so just be informed as you interpret what you are told.
And then, add this to your thoughts - the agent that has the most listings may not be the one to get the job done. I once found myself in a head to head competition with the gorilla in the room in my community and my winning approach was that I offered both the "commitment AND the capacity" to get the job done.
You want to be sure that whomever you hire, will actually deliver on the promises made. There is only so much work a single person can pull off and do well.
Good luck to you!
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When you say bulk, are you referring to a real estate portfolio from an investor or are you referring to commercial sites such as stripmalls or office buildings. Something you can get a return on your investment?
Hillsborough N.J.... more
im in the same boat right now...our house burnt down and we lost everything...its becoming more and more stressful tryn to find something that we can live in for sale on contract...i googled it and a whole bunch of stuff popped up...good luck to u i hope urs is better then ours right now :)... more
Yes. Typically, that is referred to as a right of first refusal situation. Because the buyer can't buy the home until the buyer's home is sold, rather than a seller taking their home off the market for a contingent deal, it is left active. If another non home sale contingency buyer comes along, than the original buyer has a right to waive the contingency and move forward, or let it go to the other buyer. Some details are usually structured by the attorneys, but that is essentially what happens. Hope that helps.... more
It depends on the type of neighborhood and school and the way the way the home's location is perceived. Everyone is different and that is why homes in all locations sell. Sometimes, added traffic/loitering can be an adverse condition of living near a school. Some people may like the convenience. Without knowing this home or where it is, I would say to go with your gut feeling and by advisement of your Realtor. If you like the home, chances are that others will down the road also. When homes are tough to sell, they typically sell as a result of a price that is low enough that a buyer will compromise. If that is not the case here(the home is getting many showings) then you should be fine. Hope that helps.... more
Well, there are easily 2 dozen different subdivisions and communities within Hillsborough, which overall is a pretty desirable town. Trying to keep opinions out of it and looking strictly at data...The average days on market is only 70 days which is pretty good. Somerset County is the second wealthiest county in NJ and top 5 Nationwide which means not only good press but high desirability as well. Without question, the most desirable of the areas is Country Classics. That section sold the most homes within the past year by double almost any other section. Homes there are in the 500's to 700's. They also sell relatively quickly, many faster than average. Hillsborough Chase is popular on the high end. Some others that sell well are: Woodfield Estates, Rohill Estates, and Crestmont Hills. Hope that helps.... more
There are no reliable lists of foreclosures. The foreclosure market is vibrant and dynamic and changes quickly from day to day. Your best bet is to contact an agent who handles a lot of them in the area in which you have interest. Other than that, you have to hit the pavement and find them yourself.
The lists you will find peddled online are a complete waste of money. They are never up to date and completely inaccurate. Finding a good foreclosure deal involves a good amount of research and legwork.
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
Coolest map-based home search: www.marcpaolella.com... more
For whom? I actually believe in the importance of an outlined professional relationship based on properly expressed expectations. If a buyer properly interviews and screens multiple agents to find the best one and does as just described, I believe the client will have an excellent result. For the same reasons you wouldn't hire multiple attorneys to be involved with your real estate transaction, multiple agents will not produce better results. In fact, it might lead to significant procurement issues if multiple agents are showing a buyers the same home and all are working in good faith. I believe in a committed professional relationship that is highly focused on an agreed upon result.Under that circumstance, I have seen the best results achieved for buyers.... more
Hi VPat, my name is Jeanne Feenick and I am a full time agent with Weichert Realtors' Warren Township office located in Somerset County. I would be honored to assist you - I just sent you an email and look forward to hearing back from you.
"Unwavering Commitment to Service"
Find success at www.feenick.com... more
Hi there, I don't think it is even legal to surprise a seller with a commission that has not been agreed to when the listing is negotiated. Are you perhaps referring to the fact that the listing commission is not stated on the MLS listing but the sales commission is? This is quite customary - but it does not mean that there is no commission, it just isn't disclosed on the listing. Unless it is a limited service agreement, it is safe to assume that there will be some commission agreed to at the time the listing is taken.
As for the MLS fee - this does annoy me as well. I believe it should cover the expense of listing the home on the MLS - if the home is only on the Garden State MLS then that fee is $25 or $26. If the home is listed in multiple boards, well then, it should cover the fee and nothing else. I think the reason that you see the variance is that no one is policing it. My office only puts in the actual MLS listing fee, but I have seen it as high as $200. I would caution sellers that this can negatively impact the attractiveness of your listing and you should push back on your agent if you see it. It is customary for this fee to be paid by the buyer's agent. Inflating it is a silly ploy on the part of the listing agent/broker to recoup costs that should be covered by whatever commission they are earning. You will not see me doing this - my company doesn't do it, but even if they suggested it....I'd push back.
"Unwavering Commitment to Service"
Search the MLS at www.feenick.com... more