Realty Executives Elite Homes
See More Photos & Price On This Home in Franklin Lakes New New Jersey
As a Broker/Owner of one of the Fastest Growing Real Estate Offices in Nutley NJ, I see how attitudes and expectations of Home Owners have changed, not only within the last 10 years but within the last 5 years.
First, consumers are a lot smarter these days and they see through sites like Zillow & Trulia and they really want professional representation when selling their biggest asset that they have, their home, and in todays market you need to be hire a Pro.
I think the #1 thing a home seller looks for is "Local Market Knowledge, they want to know for sure the agent they choose to sell their home knows the value of their home and they know the area of town well enough to represent that home.
The #2 thing is, how will they market their home, now a days you have to be Tech-Savvy in order to use Social Media & other forms of digital marketing to garner the eye balls of today's consumer, any company that does not understand digital marketing & creative in any industry has a n uphill battle, reputation and referrals can only take you so far and professional photography and video is a must.
I believe #3 would be "Brand" are you a solid brand? do you have a good track record in the community, are you pushy? or are you a knowledge broker? all these I do believe matter.
I still see people that just want to give someone a listing because it's their mother or brother o sister or whatever, but in today's market that can hurt you if they do not know what they are doing, as I always say "Sell the story not the home" today people don't want to be sold, they want to be served.
That is the difference.
Matthew De Fede • Realty Executives Elite Homes • 862-228-0554
This is the new Covid 19 Market in Northern New Jersey, At the beginning of this Pandemic we had a shortage of homes on the market in town, now with people that are leaving the more congested areas of NYC & Jersey City and so on for areas where they will have a little space in case a lockdown happens again, especially families that have children, they want a back yard but they still want to be able to commute to NYC for work, this is exactly what is driving the current market at the present time.
If you are one of those home buyers there definetly is a strategy to winning a bidding war and getting that home for your family, for more information call/test me at 862-228-0554.
Changes in the Nutley Mortgage Market Since COVID-19
It's been difficult to adjust to a new normal during the past few weeks. With most residents being asked to stay at home, there are many who have recently lost their jobs or been asked to work remotely. The mortgage industry has also taken a big hit that has directly affected homeowners, renters, and investors alike.
There are many who are in the final stages of closing on their homes, and the current pandemic has made it difficult to efficiently move forward with the process. To help, desktop and exterior-only appraisals are being accepted as long as there is sufficient property information available online. Potential borrowers can also now submit their verification of employment via email, paystub, or bank statement to help streamline the process.
Significant changes have been made during the recent outbreak of COVID-19 to help homeowners get through this trying time. Those who have lost their jobs may be eligible for reduced or suspended mortgage payments for up to 12 months while they regain their footing and find new employment. All foreclosure sales and evictions have also been suspended for 60 days to give borrowers a chance to catch up on their payments. Homeowners who are behind on their mortgage will also receive help to create a plan to maintain or reduce their monthly payments moving forward.
Renters who are currently unable to make their monthly rent payments are advised to reach out directly to their landlords. Owners of these properties will be given mortgage forbearance by Fannie Mae and Freddie Mac if they suspend all evictions for renters that have been directly affected by COVID-19. This plan is directly designed to prevent tenants from being evicted because they are unable to pay their rent due to a recent loss of their job.
One benefit of the recent changes in the mortgage market is that interest rates have been near an all-time low, and it may be an excellent time to buy your first home or refinance your current mortgage. If you've had your eye on the market for a while now and want to take advantage of the current interest rates, it's the perfect time to call your loan officer and start the process of locking in your rate before interest rates start to increase again.
It can be hard to keep track of all the changes. Lenders are working around the clock to answer all your questions and will support you in any way that they can. Give them a call if you need help or have any specific questions regarding your loan.
If you are selling your home, no doubt you’re getting lots of advice about how to stage your home to appeal to potential buyers. Maybe you’ve spent time online reading about curb appeal, maybe your friends have given you advice about how to make your home brighter, or maybe the advice has even come from your listing agent; regardless of the source, here are a few outdated staging tricks you should NOT be using.
• Baking – While it’s a nice idea to have treats available, buyers know that the smell of freshly baked bread is a trick, and they may be suspicious of any odors you’re trying to mask.
• Fresh Scents – Of course, it’s important that the home smells fresh; however, using overpowering candles or room fresheners can be overwhelming. It’s better to open windows to allow a crisp breeze to enter the space, or perhaps place freshly cut flowers.
• Elevator Music – It might seem like a home filled with smooth jazz would lend a relaxing feel, but it could have the opposite effect. Not only is it difficult to gauge the right volume, but it’s outdated and corny.
• Matchy-Matchy – Matched sets and uniform color palettes will make a home feel dated. Mix up the colors and patterns of pillows, bedspreads, and window treatments.
• Holiday Decorations – If your home is listed during a holiday, keep decorations to a minimum. Less is more for decorations of any kind; keep the home clean and as much of a blank slate as possible.
Staging a home is an art. The best strategy is to consult with an expert. Your agent can offer some suggestions for a professional stager who will make sure your home presents itself in the best possible light.
Realty Executives Elite Homes in Nutley Has The Best Online Presence In Northern New Jersey, And is the only Realty Executives Office Located in Nutley New Jersey 12 Miles Outside of New York City We Focus On NYC Home Buyers Looking For Family Friendly Homes in Essex County, Bergen County & More. We Have Homes in Nutley, Belleville, Clifton New Jersey.
Each office independently owned and operated.
