Category Archives: Margate

Tips for Buying Your First Beach House in Margate, New Jersey

Margate

For many people, their dream home sits on a pristine beach, somewhere just a short walk away from the water and with enough room to put two lawn chairs and an umbrella to read beneath. However, when buying a beach house, there are many things to consider that do not apply for homes further inland. With over 35 years of experience helping families purchase their dream homes, our knowledgeable agents know the most important considerations when buying near the water. Our goal at Soleil Sotheby’s is to find each client their dream home, so if your perfect house is beachside, please take into consideration these tips.

–         Sea Level

A home 30 ft from the water may sound like the most convenient option; however, high property taxes and flood damage may change your mind. Depending on your desired location, seasonal changes and flash floods should be taken into consideration when choosing your home.

–        Mudroom/ Outdoor Shower

An unavoidable occurrence when visiting the beach is that you take some of the beach back with you. If you are someone who doesn’t mind sand following you home, then a mud room or an outdoor shower is not a necessity. However, when it comes to cleaning a beach house you may find that these amenities make all the difference.

–        Extra Maintenance

Living by the ocean has plenty of pros, but saltwater can be a con when it comes to home maintenance. Salt water’s highly corrosive properties make repairing windows, outdoor furniture, and garden equipment a sometimes annual necessity. While you can take steps to protect your property from saltwater, this upkeep should be taken into account while viewing properties.

  • Location, Location, Location

Homes near public beaches can be a wonderful, less expensive option for those looking to save. But, if you are looking to relax with your family away from the crowds, private beaches are your best option. A good middle ground that is often overlooked, however, is the marina. Away from the crowds, less expensive than private beaches, a marina is a quiet spot for boat lovers and while keeping stunning ocean views.

 

Purchasing any home can be a stressful event; beach properties are not excluded from this. However, at Soleil Sotheby’s, our years of experience and specialization in beach towns such as Brigantine, Longport, and Margate, New Jersey, will give you peace of mind on your exciting journey of purchasing your dream beach house.

2018 Market Report

market report cover

In our ongoing effort to become an invaluable resource to our clients and neighbors, Soleil Sotheby’s International Realty is committed to making sure you have all the information you need to make the best decision.

The 2018 Market Report is a detailed snapshot of the real estate markets of Longport, Margate, Ventnor, Atlantic City, and Brigantine, comparing single-family home and condominium statistics as well as the year to year change. The report also highlights our recent significant sales, a few of our extraordinary listings, as well as a glimpse of Sotheby’s Auction House.

To read the full report, click here.

 

The Secret to Selling in a Buyer’s Market

home for sale

While listing your home in a seller’s market would be most ideal, situations like the need to relocate or downside could force you to list when buyers have the upper hand. Fortunately, there are several things you can do to take control in a buyer’s market. Though your home might not break out in a bidding war the day after it’s listed, these tips will still help you sell quickly, while getting the best return on your investment.

 Prep Your Home

Before putting your property on the market, you need whip it into shape.  In addition to cleaning your home, you need to clear out the clutter and depersonalize. The key to getting buyers interested is to make your home appeal to them. If your home is filled with junk or personal mementos, then the buyer can’t envision themselves living in the space. Store your personal belonging in storage while it’s on the market.

Also prep your home by making any small repairs and improvements. Smart improvements include painting the walls a neutral color, updating outdated knobs and hardware, and fixing that leaky faucet.  If it fits in your budget, hire a professional stager to show buyers how the can really maximize the space. Typically, staged homes sell faster than non-staged ones.

Take Good Photos

For buyers, their home search is likely beginning online. It’s important for your listing to include some great photos and even a video tour to entice buyers to come out and see it in person. Include clear photos of both the interior and exterior.

Offer to Cover Closing Costs or Repairs

Just because you’re selling in a buyer’s market doesn’t mean you have to slash the price. If you have an interested buyer who needs some financial wiggle room, offer to pay for closing costs, moving costs, or repairs. Paying for closing costs is appealing to buyers because it provides them with money they need upfront and will make them more inclined to seal the deal.

Covering the cost of moving or repairs can also help you make a sale.  Instead of doing the repairs yourself, lower your selling price to accommodate the repair that needs to be done.

Choose the Right Agent

Working with the best agent can mean the difference between selling your home and having it sit on the market. Choose an experienced real estate agent who has vast experience selling in your community.  A good agent will make sure your home is priced correctly, the right upgrades were made, and that it’s up to code.  You realtor will also oversee the negotiations to get you the best deal.

If you’re selling your home at the Jersey Shore, call on our leading Margate, NJ real estate agents to assist you: 609.487.8000.