Tag Archives: shore real estate

When Should You Consider Hiring a New Real Estate Agent?

Real Estate Keys

The decision to either purchase or sell a home is a pivotal one in anyone’s life. It’s why so much trust is put into a real estate agent to guide the process and help ensure your satisfaction and return on investment. We take great pride in our real estate agents building working relationships with our clients and truly putting in the time and effort to ensure complete satisfaction. We want everyone looking at real estate at the Jersey shore to find the ideal agent for their needs. It’s why we put together a list of sure-fire signs that you need to start looking at other real estate agents.

  • Lack of Communication – When you put your trust into a real estate agent, it’s important that transparency is utilized by both parties. Questions are a part of the process and it’s important that your agent is getting back to you in a timely manner. If it’s taking longer than 24 hours for your agent to respond to you, it’s more than likely time to find another agent.
  • Lack of Interest – Every successful real estate transaction is achieved by a real estate agent who understands the wants and needs of their client. If you notice that your real estate agent is struggling to grasp a lot of the details you share with them, it’s not going to end well. The best real estate agents are great communicators because they are great listeners.
  • Lack of Professionalism – Your real estate agent should never have you questioning their professionalism. Appearance matters and your real estate agent should dress the part. Beyond that, your real estate agent should be valuing your time and showing up to appointments prepared and on time.
  • Seems Desperate – The last thing you want in a real estate agent is someone who promises the world and then fails to deliver. One of the largest signs of desperation is overpromising how much money can be saved by working with them. A desperate real estate agent is even more dangerous when they are asked to sell your home as they are likely trying to get the deal done as quickly as possible. You need a great negotiator who is willing to spend the time to get the best deal.

If you think you may have hired the wrong real estate agent, it’s important to make the switch quickly. Every real estate transaction can bring about some serious levels of stress. This stress is only compounded when you don’t feel like you have the right team in your corner. At SoleilSir.com, we take great pride in making sure that every client feels completely comfortable with their agent.

 

 

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.

The Gluck Report: Wrapping up the Summer and the Third Quarter

Wrapping up the Summer and the Third Quarter

As we are closing out our third quarter of business in the Longport, Margate, and Ventnor single family home sector, we are happy to see an uptick in units and average sold price.  The market is continuing to get stronger over the past several years, and we are well on the way to full recovery from the 2008 mortgage meltdown and the 2012 Super Storm Sandy impact.

  • 2013 first 3 quarters of closed business: 213 units with an average sale of $669K
  • 2014 first 3 quarters of closed business: 217 units with an average sale of $632K
  • 2015 first 3 quarters of closed business: 266 units with an average sale of $647K 

As a benchmark, in 2015, we sold more units in the down beach area than 2006 and 2007, both of which are historically considered our best real estate years.  A few reasons for the upswing are some extremely good values and shrewd purchases in Ventnor, the introduction of new construction town homes in the boardwalk and marina districts, luxury new construction single family’s, and the insertion of new construction options in the less than one million dollar markets.  Some other factors stimulating our real estate markets are, a strong economy, low interest rates, upgrade purchases, high elevations, and some amazing weather with beautiful summers.

Traditionally, we sell 20% of our inventory for any given calendar year in the 4th quarter it’s still a great time to list and sell your home.  It’s even a better time to make a purchase decision as some of the shrewdest and best buys are made over the winter months.  If we can help in any way, please don’t hesitate to contact one of our many experienced professionals at Soleil Sotheby’s International Realty.