I will save money by selling it myself.For Sale By Owners (FSBO) must be the same people who think they can fix the plumbing leak or electrical problem. How hard could it be? We've all heard the story. The husband tries to fix it himself and when he floods the kitchen, his wife calls the plumber and pays triple because it's now and emergency and … [Read more...]
The ONE thing every seller must do
Who has a knife? $50 for a knife.Can you hear Monty's voice?Seller Alert: Stop your agent from sticking the knife in your back. Here's how.When you fill out the MLS form, put the following sentence in the remarks section. (This is the section that only other realtors see. It makes us look smart when we say...be careful there's a small dog in the … [Read more...]
The ONE thing every buyer must know
Pricing is based on Square Footage. ( A real shocker.)All other things accounted for, the bigger the place, the higher the sale price.Every buyer should demand before the end of attorney review either:1) a copy of the tax records with the square footage listedor2) a copy of the stamped architecture plans submitted to the city.Protect youreslf. … [Read more...]
There’s One For You, Nineteen For Me
Taxes TBD:With a 2.49% property tax increase "looming", this is a good time to take a look at property for sale listed with taxes TBD. Mostly you'll find this in new construction and recent condo conversions. Here's what usually happens. The town uses the sale price of the condo and multiplies it by the tax rate and tax ratio to get the annual base … [Read more...]
Greed Is Only So Good
Velocity Losing Steam:Condos for sale, gone to rentals... In Hoboken. That's The Velocity. The developer will tell you it's a business decision in a changing market and not...1) Greed. When the market was hot, realtors were lined up with buyers ready to go to contract. Realtors got stonewalled. Then the market turned...2) Location. In a slower … [Read more...]
Which is more desired?
Old Wolrd Charm vs. New Construction. It's like the Macy's Thanksgiving Day Parade. Some, myself included, like CBS. Dave Price and crew showing everything pssing by down the street, giving info about the floats, etc. Others, like Mrs. IHRE (InsideHobokenReal Estate) prefer the NBC coverage with the kareoke like performances from every b and c list … [Read more...]
I would dance and be merry, life would be a ding-a-derry
Heading Home For the Holidays.Many of us are. Or at least leaving Hoboken. Chances are you're heading to a place with a tough housing market. Considering the Mile Square City has done over $444MM in real estate transactions this year, life is good. When you see other markets, it will have you clicking your heels three times.With the thoughts you'll … [Read more...]
Black Friday: Not just for retail
Snooze You Lose:Black Friday. Stores open at 7am. no. 6am. no. 5am. no. 4am. no 3am. All this to save $50 on a toaster oven? I have an idea. Don't drive 30 minutes to the store. Don't sit in your car for 3 hours for the store to open. Don't rushing in like a crack addict needing your electronics fix. Don't wait 30 minutes to check out and get home … [Read more...]
Is your agent costing you money?
SELLERS BEWARE! Agents will come into your home and pitch you on why they are the best person to market your home. Big agencies, little agenices. Agents will talk about the services you get from the office. One of the most overlooked part is the back end is the process by which agents in Hoboken show your property. For the most part there is no … [Read more...]
The days are getting shorter
The fall market is rapidly coming to a close. Winter is coming. Winter is coming. Listings are up, sales are slowing. Buyers: Buy now before the spring crowds. Sellers: Price it right and leave the others waiting for Godeau.Hoboken Condos November 1-15th 2007New Actives 50Under Contract 25 … [Read more...]





