Real Estate
Listing your Livingston Home, WATCH OUT!
Don't be fooled by false advertising, especially when the results are vastly different from agency to agency.
I’m driving around in Essex and Union County and I see a strange sign: List for 1%
Sounds too good to be true, doesn’t it, but at the same time its appears to hard to resist.
Well, first of all, they aren’t listing your property for 1%, as this Real Estate company with the blue signs is generally paying a buyer agency fee of at least 2%, so the actual commission would total a minimum of least 3%.
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Curiosity really got me, so I just checked and did a quick analysis. For the year-to-date, this other Real Estate company's listings in Essex, Union and Morris counties sold for 1.1% (maybe they got confused the 1% they advertise) over the asking prices.
In contrast, my Real Estate company has a track record of closed sales this year-to-date of 7.6% over asking price. This means that listing our listing clients beat "the other guy" with a significant difference of 6.5%.
Find out what's happening in Livingstonfor free with the latest updates from Patch.
So what would the smart seller do, hire a Real Estate company that sells properties for 1.1% over asking is likely charging the seller at least 3%, or hire an agency that generally charges a seller 5-6% but has an average yield of 7.6%, meaning that my agency’s listing clients actually net substantially more--6.5% more.
On an $800,000 home, the 6.5% differential would net a Livingston (other other town's) Seller $52,000 more.
So, I highly recommend you do your homework before being tempted for what appears to be a cost savings that actually COSTS YOU MONEY IN YOUR POCKET.
Mark Slade Keller Williams 917.797.5059 Good Homes Selling a Livingston/Maplewood/South Orange/West Orange area home involves many steps and having an experienced Maplewood New Jersey Real Estate Agent and Realtor®, specializing in the Bedroom Communities of New York City in Essex/Union County— Millburn, Short Hills, Montclair, West Orange, South Orange, Livingston, Maplewood, Springfield, Summit, Madison, Chatham, Scotch Plains, Fanwood, Cranford and Westfield--by your side will make the transaction run a lot smoother. I would love to be your listing Real Estate Professional! I assist both buyers and sellers in the Bedroom Communities of New York City, mostly served by NJ Transit’s Mid-Town Direct Train Lines, offering commutes of 45minute or less to NY Penn Station, with either the purchase and or sale of residential real estate.
As an Accredited Buyer’s Agent (ABR), I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home. My GO-TO team can provide you the best in Real Estate advice with regard to attorney choices, Home Inspectors and Mortgage Loan Officers
I am also a Luxury specialist (CLHMS), I have received special training to guide and educate you through the entire home buying and selling process. Not only does this extra training help me better understand this upper echelon in real estate, its benefit include a special luxury website: www.njluxhomes.com and a corresponding worldwide luxury network that helps to put luxury buyers and sellers together.
As your Maplewood/South Orange/ Livingston/Montclair/West Orange New Jersey listing agent I am well versed on as your local expert in all things in the West Orange, Maplewood and South Orange area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your Mid-Town Direct home to be competitive in today’s market with training to provide my clients with an in-depth Advanced Comparative Market analysis, and advice on staging. As my office’s technology officer as well as both a Zillow Platinum Premier and Trulia Premier agent, I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your New Jersey Real Estate Agent and Realtor ® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your New Jersey Essex/Union County area Realtor® (with a little bit of Morris County thrown in for good measure) is one of my truest passions, and “Helping You Find Your Dream Home” is my number one priority. Don’t forget These Helpful Sites:
