Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones | September Report

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones - September Report

Where is the market trending? We will take a look back to see. Let's start first with a look at September.

September:
For the month there were 50 sales that closed. Of those 50 median list price was $461,500 and the median sale price is $438,000. Median days on market was 73 days.

51 Units are under contract for the month. Of those 51 the median list price was $475,000 and median days on market 72 days.

September was the final month of the home buyer tax credit. Eligible buyers had to close by September 30th to recieve a tax credit. If you follow my real estate reports, you might remember that June was the biggest month in sales. 124 sales were reported for that month showing that the tax incentive was working and brought some buyers to the table skewing the sales for summer.

Now, let's look back at past months.
June: 124 Sales

Median List Price  $483,250

Median Sale Price $473,000
July: 53 Sales
Median List Price  $509,000
Median Sale Price $502,000
August: 58 Sales
Median List Price  $458,700
Median Sale Price $438,100 -
September: 47 Sales
Median List Price  $461,500
Median Sale Price $438,000

Sales seem to be trending downward..

Current total active condominiums in Hoboken ritht now, is 486 condominiums. We are currently selling about 10% a month of our standing inventory. If no new homes came on the market, our absorption rate is 9.72 OR 10 months. A healthy market has an absorption rate of around 6-8 months.

Let's look back a little further to one year ago. 2009
June: 46 Sales
Median Sale Price $493,500  Compared To June 2010 $473,000

July: 62 Sales

Median Sale Price $469,950  Compared To July 2010  $502,000

August: 67 Sales

Median Sale Price $463,000  Compared to Aug 2010  $438,100

September: 76 Sales

Median Sale Price $499,000  Compared to Sept 2010 $438,000

From one year ago sale pace and prices are slower. This could be due to the buyer tax credit which prompted sellers to act with price reductions in time to capture those buyers. The dip in sales of September can also be contributed to the tax credit since many buyers took advantage of the incentive and bought ahead of schedule. These buyers would have bought in the warmer months making September numbers a bit higher.

If October 2009 is any indication of how this October may look, last year there were 80 sales for the month.

And taking a look back to 2008 of September - there were 66 sales and the median Sold price was $510,000. From 2008 real estate sales prices are down about 14%

Downtown Jersey City Real Estate | Market Update

Downtown Jersey City Real Estate Market Update
Week of August 1 thru August 8th, 2010

What's hot in JC

Condominium Sales
For the week there were 8 sales. The lowest asking price was for a 900 square foot two bed two bath at 227 Bay St with a list price of $299,900 - sold for $275,000. The highest asking price was for a 1300 sq foot two bed two bath at The Shore Club with a list price of $698,000 - sold for $645,000.
Median list price for the week was $399,900 median sale price was $387,500. Median days on market was 48 days.

Pending Sales
Three units are under contract for the week. Since there are three I'll list them.
420 2nd St 450 sq foot one bed - list price of $169,000
303 7th 1558 sq foot two bed two bath - list price of $489,000
The Shore Club - 1280 sq foot two bed two bath listed at $675,000

Median list price was $489,000 median days on market was 90 days.

Brownstones and Single Family Homes
Sales
No sales for the week.

Pending
No pending contracts for the week

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones
Week of August 1st - 8th 2010


What's Cookin In Hoboken

Condominium Sales
This week there were 5 sales ( compared with the previous week of 15). The lowest priced sale was a 745 sq foot one bedroom with parking at 70 Adams with a list price of $419,000 and a sale $400,000. The highest priced sale was for a 1220 square foot two bedroom two bath at 600 Hudson. This sale actually sold ABOVE asking. Original list price was $669,000 sale price was $685,000.
Median list price for the week was $479,000 and the median sale price was $460,000. Median days on market was 63 days.

Pending Units
This week there are 12 units under contract. The lowest asking price was for a 700 sq foot one bedroom plus den and parking at 121 Willow with a list price of $389,000. The highest asking price was for a 2522 square foot 3 bedroom two bath with garage at 61 Madison with a list price of 1,19M.
Median list price for the week was $484,450 median days on market was 51 days.

Brownstones and Single Family Homes
Sales
This week no single family homes sold.

Pending
No contracts were written this week for single families.

Compare this week's sales to last weeks.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Jersey City Real Estate Weekly Sales Market Update

Jersey City Real Estate Weekly Sales Market Update 

For the week of July 19th, through July 25th 2010

What's hot in JC

Condominium Sales:
There were 5 sales that closed for the week. From the lowest price a 566 square foot one bedroom at The A condo's with a list price of $359,000 and a sale price of $315,000. To the highest price, a 2300 square foot 3 bedroom 3 bath restored brownstone condo with a list price of $1.249Million and a sale price of $1.075Million.

Median list price was $537,995 and median sold price was $513,000. Down about 6% from last week. Median days on market was 116 days. 


Pending Sales:
There were ten contracts written by real estate agents for the week. The lowest priced was a 759 square foot one bedroom at The Portofino, with an asking price of $275,000. The highest priced was a two bedroom two bath at Gulls Cove with an asking price of $672,000.




Median list price was $408,500, median days on market was 88 days.



Brownstone Single Family Homes
Sales:
There were no sales this week.


Pending:
There were no homes that went under contract.



Compare this week's sales to last weeks.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed.

Jersey City Real Estate Weekly Sales Update

Downtown Jersey City Real Estate Weekly Sales Update
For the week of July 12th - July 18th 2010

What's Hot In JC

Condominium Sales:
There were 9 sales for this week. From the lowest price, an 822 square foot one bedroom short sale asking $250,000 at The Park Hamilton, sold for $235,000. The highest price sale was a 1366 square foot 2 bed 2 bath at The A with a list price of $650,000 and sold for $650,000.

Median list price was $549,000, median sale price was $545,000. Median days on market 71 days.

Pending Sales:
4 new contracts were written by real estate estate agents. The lowest asking price a 1079 square foot 2 bed 2 bath at 11 Coles St at $389,000. The highest asking price was for a 1756 square foot 2 bed 2 bath at 50 Wayne Street at $649,000.

Median list price $487,000.

Brownstone Single Family Homes:
No single family homes sold for this week.

Pending Sales:
One single family is under contract. 249 2nd street is a 3 bed two bath home with a list price of $399,000.

Information supplied by the Hudson County MLS, deemed reliable but not guaranteed.

Hoboken Real Estate Weekly Sales Update

Hoboken Real Estate Weekly Sales Update

For the week of July 12th - 18th 2010

What's Cookin In Hoboken

Condominium Sales:

There were 8 sales for this week. From the lowest price, a 1037 square foot two bedroom one bath duplex at 80 Park, the converted school house, with an asking price of $399,000 and a sale price of $390,000. The highest priced sale, was a 1574 sq foot two bedroom, three bath duplex at Metro Stop with an asking price of $790,000 and a sale price of $760,000.

Median listing price was $527,000 median sale price was $510,000. Median days on market was 38 days, the average days on market was 79.

Pending Sales:
12 new contracts were written by real estate agents for this week. The lowest price, a 535 square foot one bedroom with yard at 309 Monroe with an asking price of just $245,000 to the highest price, a two bedroom two and a half bath duplex at 60 Jefferson with an asking price of $749,000.

Median list price was 552,000. Median days on market was 73 days.

Brownstone Single Family Homes:
Two homes sold for this week. One, a rehab home at 161 12th street with an asking price of $599,000 sold for $400,000. And the other, a beautifully renovated home at 218 7th street with an asking price of $995,000 sold for $940,000.

Pending:
No homes went into contract for this week.

Compare this week's sales to last weeks.

Information supplied by the Hudson County MLS, deemed reliable but not guaranteed.

Seller Incentives In A Challenging Market

Seller's Incentives for a Challenging Economy

In a down economy, sellers must compete not only with other homes in the market, but also with buyer's fears and concerns. Selling incentives have always been a way to create additional interest in your property. Today, incentives can help motivate reluctant buyers to make that next step in the face of the present environment.
Below are a few of the more frequently used incentives that can be used to draw attention to your home.

Paying Points
Lenders charge fees known as points, with each point equal to 1 percent of the total loan amount. The base fee charged (called origination points) typically ranges between 0 and 3 points, depending on the interest rate given and other terms of the loan. Points can add up to a significant up-front cost for the buyer, particularly for larger mortgages. Offering to pay some or all of the origination points on behalf the buyer can help generate offers from cash-conscious buyers.

Buying Down the Interest Rate
Many buyers don't understand that they can receive a lower interest rate from their lender by paying additional points at the outset. Buyers can typically pay up to four "discount points" to bring down the interest rate. Offering to pay discount points can increase your home's affordability for many prospective buyers.

Providing a Home Warranty
A home warranty can help assure wary consumers that they won't be stuck with expensive repair costs shortly after buying a home. Home warranties usually cover the repair or replacement of core systems such as plumbing, heating and electrical, along with major appliances. Providing the first year (or two) of a home warranty can add to your home's appeal, especially if you are competing against newer homes on the market. The relatively low cost of home warranties ($250 to $600 annually) offers great value as an eye-catching incentive.

Paying for Closing Costs
Closing a real estate sale can result in a long list of charges, from inspection costs to attorney's fees. Closing costs for the buyer can easily total several thousand dollars - adding to the up-front cash required as a down payment. Sellers can offer to pay for the buyer's side of closing costs to help ease the burden. When doing so it is wise to either put a cap on the dollar amount you will contribute to closing costs, or specify exactly which individual costs you will be paying for.

Upgrade Allowances

Offering cash allowances for specific upgrades can sometimes be a creative way to appeal to buyers. Upgrade allowances are commonly offered by new home builders, and some homeowners are now employing the technique to help set their properties apart from the competition.
For example, if your home has older carpet you may offer to pay the price of new carpet and installation. By not replacing the carpet yourself ahead of the sale, you avoid the hassle of having the carpet installed and the pain of keeping the new carpet clean during showings. You also give the buyer the chance to select a carpet that matches their taste.
Other upgrades offered by sellers include allowances for kitchen facelifts, bathroom remodels and new landscaping.

New Appliances
Another flashy way for sellers to sweeten the deal is to provide buyers with their selection of brand new appliance packages. Updated appliances help your home compete with newly built properties. Allowing the consumer to choose their desired appliance gives them another opportunity to personalize the home to their liking. You can even lay out brochures of some example appliances to help buyers visualize your home improved with the newest gadgets.

For more seller tips or a free market analysis please message me!

Basic House Hunting Tips!

Basic House Hunting Tips

Allow Plenty of Time - While it may be tempting to try and visit as many properties as possible on a single day, "overbooking" won't give you enough time to linger and fully tour each individual home. If you find a house you truly like, you will probably spend more time reviewing each room in greater detail. Assume that each house you view will hold your interest enough for a lengthy exploration.

Dress Comfortably - House hunting isn't a job interview, so dress casually and comfortably for the season. Wear slip-on shoes and adequate socks - homes with new carpet or flooring will often include "please remove shoes" signs. You will be doing a lot of walking and taking trips up and down stairs, so supportive footwear is a must. Clothing should fit comfortably enough to accommodate reaching up or bending/crouching down to examine cupboards both high and low.

Carpool - Taking just one car is particularly convenient when viewing multiple properties on the same day. A one vehicle approach ensures that no one gets separated or lost. Also, by moving over to the passenger seat you're free to consider the merits of each last house and pay attention to the neighborhood near each property, rather than focus your energy on squinting at street signs.

Pay Attention to the Surroundings - Speaking of the neighborhood; make sure you pay attention to the area close by each home on the way in. What kind of shopping opportunities and facilities are within a short distance? Are there appealing destinations within walking distance? What are the schools like nearby? How far will your commute be? Are many other homes for sale in the immediate area?
The idea is to have some feeling of whether or not the neighborhood is right for you before you ever set foot in the actual home. If you're lucky enough to fall in love with the house itself, knowing the lay of the land ahead of time can give you the confidence to make an immediate offer.

Use Your Nose - Generally speaking, a bad (or unidentifiable) smell inside or outside the home is not a good sign. Likewise, be somewhat suspicious if the home is overpowered by the smell of potpourri or intense candles in every room, as this can be an attempt by the seller to mask problematic odors. Mildew and mold smells indicate much larger problems - mold removal can cost thousands of dollars, and locating/fixing moisture leaks can be a difficult task. Pet smells or smoke smells can be minimized with cleaning, but will likely take time to fully dissipate. If you are interested in a home with a strong smell, hire a qualified and experienced home inspector who will unmask the cause of the odor.

Want to work with me? Send me a message!

Hoboken Real Estate Market Snapshot

Hoboken Market Snapshot
Sales Are A Closin'! The month of June saw a healthy 114 sales close, no question that at least half of the sales were attributed to home buyer tax credit incentive that needed buyer's to close by June 30th. We will see what July has in store but from $200,000 to 2.4Million the median list price was $498,944 while the median sale price was $487,500. Median days on market was 43 days while the average was 68 days. Average price per sq foot was $457.70
There are 59 condo's from June that are pending.

Jersey City Real Estate Weekly Sales Update

Jersey City Real Estate Weekly Sales Update
Week of June 27th - July 4th 2010

What's hot in JC

Condominium Sales:
There were 15 sales for this week. From the lowest sale, a 640 sq foot one bedroom plus den on 8th street asking $220,000 after being listed with multiple brokers and several price reductions later, sold for 10k ABOVE asking price - for $230,000. The highest sale, a two bedroom two bath 1335 sq feet with an asking price of $799,000 sold for $730,000 at the Shore Club.

Median list price was $399,000 median sold price was $375,000. Median days on market 87 days.

Pending Sales: 6 new contracts were written by real estate agents this week. The lowest price a 671 sq foot one bedroom on 4th street with an asking price of $225,000 and the highest asking price, a 2255 sq foot four bedroom four bath with private terrace and an asking price of $999,000 at The Shore Club.



Single Family Brownstones:
Sales: There were no sales for this week.


Pending Sales: One single family is under contract. 333 10th street, a townhouse style 3 bedroom two and a half bath with huge garage and an asking price of $500,000 after being reduced multiple times from $599,000 is waiting to close.


Information supplied by the Hudson County MLS, deemed reliable but not guaranteed

Hoboken Real Estate Weekly Sales Update

Hoboken Real Estate Weekly Sales Update
For the week of June 27th - July 4th 2010

What's cookin in Hoboken?
The people on line outside Carlos Bakery! Pa dum ching!! (No seriously...)

Condominium Sales:
There were 23 sales for this week. From the lowest price a 506 sq foot one bedroom on 1st and Monroe, with a list price of $249,900 that sold for $220,000 - to the highest price sale for a massive 2364 sq foot 3 bedroom two and a half bath plus terrace and 2 parking spaces at The Garden Street Lofts, listed for 2.3million and sold for 2.3million. WOW

Median list price was $497,000 median sold price was $484,500. Median days on market was 42 days.

Pending Sales:
12 new contracts were written by real estate agents this week. The lowest price for a studio on 2nd and Clinton, asking $219,000 and offering 500 sq feet to the highest asking price for a two bedroom plus den two amd a half baths with parking offering 1328 sq feet asking $885,000.

Median days on market 85 days.

Single Family Brownstones
Sales: No sales closed for this week.

Pending Sales: No new contracts were written for this week.

Compare this week's sales to last week's

Information supplied by the Hudson County MLS, deemed reliable but not guaranteed

Downtown Jersey City Real Estate Weekly Sales Update

Downtown Jersey City Real Estate Market Update for the week of June 14th thru June 20th.


What's hot in JC


Condominium Sales:
For this week there were 9 condominium units close. The lowest price, was a 800 square foot one bedroom on Jersey Avenue near Christopher Columbus, with an original asking price of $315,000 then reduced to $279,000 and sold for $265,000, that's $331 a foot.

The highest price was a 1420 sq foot three bedroom two bath at The Shore Club, on Newport Parkway, with an asking price of $775,000 that sold for $736,000 cash, that's $518 a foot.


Median list price was $429,000, median sold price was $410,000. Median days on market was 24 days.


New Pending Sales:
There were 7 new contracts written this week. The lowest asking price was a 625 sq foot one bedroom one bath with private deck, on 9th street @ Hamilton Park, listed at $325,000.

The highest asking price was 1486 triplex loft with two beds two baths plus den and parking at 149 Essex Street in Paulus Hook, relisted and reduced to $648,800.


Median list price was $449,000 median days on market was 84 days.

Brownstones and single family home sales:
There were no sales for this week.

New Pending Sales:
There was one ocntract written for this week. 158 1/2 Coles Street, a 12.5 by 70 lot with 4 bedrooms, one and a half baths and yard with an asking price of $549,000 is under contract.

Compare this week's sales to last week's here
Information supplied by the Hudson County MLS, deemed reliable but not guaranteed

Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones

Hoboken Real Estate Market Weekly Update Hoboken Condos and Brownstones
June 14th thru June 20th, 2010

What's Cookin In Hoboken

Condominium Sales:

There were 26 condominium units that sold this week. From the lowest price, a 450 square foot studio condo with private deck on 4th and Adams (congrats to my buyer) that sold for $206,000 that' $435 a foot, to the highest price, a sprawling 1725 sq foot 3 bedroom 2.5 bath condo with deck and parking on 6th and Jefferson that sold for $765,000, roughly $417 a square foot.

(Pink BBQ from drinkstuff.com)

Median list price was $472,450 median sale price was $465,000. Median days on market was 23 days.

New Pending Sales:

There were 7 new contracts written by realtors this week. The lowest asking price was $219,000 for a 700 sq foot one bedroom on 4th and Madison. The highest asking price was $639,000 for a 1520 sq foot two bedroom two bath with parking on 5th and Madison.

Median list price was $415,000, median days on market was 36 days.

Brownstone & Single Family Home Sales:

One single family brownstone sold this week. 917 Park Avenue, a 13.58 by 100 lot, 3 bedroom two baths with private yard was asking 1.099 Million, went under contract in just 10 days, and sold above asking at 1.11 Million

Days on market was 10 days.

New Pending Sales:

No new contracts were written for this week.

Click here to compare this weeks sales to last weeks

Information provided by the Hudson County MLS, deemed reliable but not guaranteed

Downtown Jersey City Weekly Real Estate Update

Last week on my facebook fan page, I promised you I would start giving you weekly downtown Jersey City market stats. Since my business is mostly Hoboken and Jersey City, this makes complete sense to me! So, without further due, here is your weekly real estate update.

What's hot in JC

For the week of June 7th 2010 thru June 13th, 2010

Condominium Sales:

There were 4 sales this week reported. From the lowest, at Trump Plaza, a 837 square foot one bedroom on the 20th floor, with an asking price of $439,888 sold for $405,000.

The highest sale, a two bed two bath at Fulton's Landing - 149 Essex - no square footage listed, with an asking price of $478,000 sold for $455,000.

Median list price was $444,444 and median sale price was $410,000. Median days on market was 61 days.

New Pending Sales:

There were two new contracts written for this same week. 264 9th, a 510 sq foot studio that needed renovations, with an asking price of $199,900 went under contract. And, 61 Grand Street, an 1100 square foot two bedroom two bath with an asking price of $559,000.

Median days on market 192 days.

Note: There are 184 condominiums and co-op's currently for sale.

Brownstones and Single Families:

No sales or new contracts were recorded for this week.

Note: There are 26 single families currently for sale.

Information provided by the Hudson County MLS, deemed reliable but not guaranteed. Does not include private inventory withheld from developers such as 77 Hudson and Trump Plaza, etc.

Hoboken | Real | Estate | Weekly | Sales | Condominiums | and | Single | Family | Brownstones

Hoboken Real Estate Weekly Sales: Condominiums and Single Family Brownstones

For the week of April 26th, here are the weeks closed sales numbers:

15 condominiums sold with a median sold price of $475,000 and a median list price of $499,000. Median Days On Market was 42 days.
Highest Sale Price was $700,000 for a 1787 sq foot two bedroom two bath with parking at beautiful Harrison Pointe and the lowest sale price was $268,000 for a 550 sq foot two bedroom one bath at 712-714 Willow Avenue.
To search more Hoboken Properties for sale visit my website and search 589 active listings as of today.

Single Family Brownstones - 721 Park Avenue was sold for $980,000 boasting three bedrooms, two baths, patio, deck and private backyard sitting on a 15 by 100 sized lot.

Hoboken Real Estate Pending Sales For The Same Week
A whopping 32 units went under contract. From the highest asking price of $899,000 at 62 Madison, new construction condo's, to a studio at 417 Adams (early congrats to my buyer) with deeded deck and a sleep loft with the lowest asking price of $220,000.

Single Family Brownstones and homes - a healthy 10 homes went under contract with the highest listing price of $2,495MIL of that amazing house at 1028 Willow Avenue offering 4 bedrooms, 3 and a half baths and an incredible amount of private outdoor space plus huge garage, and the lowest listing price for a house at 161 12th street that needed a complete renovation for $599,000.

Information supplied by the Hudson County MLS deemed reliable but not guaranteed.

Hoboken Mortgage Update As Some Buyer's Wait...

If you're shopping for a condo in Hoboken, you know that mortgage rates have crept up in the last few weeks from their recent low in March of 4.8%. Since then rates have inched up to 5.3%, and I've read many predictions that they will continue to go up, in the near future to at least 5.5% including Lawrence Yun himself, chief economist NAR.

Here are a few articles relating to the recent rises

Wallet Pop Article

MSNBC

Washington Post

On a 100,000 mortgage what does that look like? Assuming you are getting a conventional mortgage with no points, here is the scenario.

$100,000 at 4.8% looks like $480 a month.

$100,000 at 5.3% looks like $530 a month, and

$100,000 at 5.5% looks like - you guessed it, $550 a month.

If you had locked in your financing at 4.8 percent, you are saving $70 a month which over 5 years saves you $4200.

Might not seem like much, but what if you were borrowing $300,000?

4.8% = $1440

5.3% = $1590

5.5% = $1650

Now the savings really start to add up. In this scenario the savings is $210 a month, $2520 a year and $12,600.

What does this mean?

Well, if you were waiting for a condimium you saw to reduce by $10,000 or accept your bid of $10,000 lower than what the seller is willing to accept, then by waiting, you've unfortunately paid that money by financing it over just 5 years.

Bottom line: if you've found a home, consider rising interest rates and compare it against the money you are looking to save off of the price to see if truly you are saving or just financing the savings.

April so far has 20 condominiums under contract. Numbers for this past week will be reflected in the next few days' pending notifications.

Real Estate Tips - Prepping Your Home For Showings

Prepping For Showings

It's nearly impossible to keep your home in a "show-ready" state day in and day out. In many cases you may find that your home will be shown to a prospective buyer with very little advance notice.

Even if you're keeping things as clutter-free as possible, a little preparation for the actual showing is probably in order. Here are some short-term ways to get your home looking and feeling its best. I recommend that every morning you leave the house ready, this way you can accommodate all showings to increase traffic.

Step 1: Cleaning Frenzy

• Scrub tile in the kitchen and bathrooms.
• Thoroughly clean hardwood floors.
• Vacuum carpets. If time permits, rent a steam cleaner to shampoo carpets, particularly in high traffic areas.
• Dust all wood furniture, TV screens and computer monitors.
• Clear counters of all clutter. If time permits, move unnecessary appliances and decorating touches into storage areas.
• Clear the kitchen sink and counters of all dirty dishes.
• Pick up all dirty laundry. Avoid over-filling any open air hampers - laundry is better kept out of sight inside your washer or dryer.
• Remove stains from bathtubs, toilets and sinks.

Step 2: Critical Eye Test

• After doing the first round of cleaning, take a walk through the house with the perspective of a buyer. Look for clutter, excess furniture or highly personal touches that might turn off prospective buyers.
• Try taking pictures of main rooms with a digital camera for an "instant review".

Step 3: Curb Appeal Checkup - This may not apply to you for condominiums

• Sweep the entryway, porch and walkways.
• Mow and water the lawn or yard.
• Store any toys or garden equipment.
• Clean up pet droppings.
• Clean gutters and downspouts.
• Add potted plants to the porch or deck.

Step 4: Closing Touches

• Turn on all lights.
• Open drapes and blinds.
• Open windows to let in fresh air.
• Burn scented candles or open jars of lightly scented potpourri. If you don't have either on hand, you can always bake cookies (the oldest trick in the book) or simmer a few drops of vanilla extract on the stove.
• Turn off all TV's, stereos and computers.
• If possible, relocate pets to a friend or neighbor's home during the showing.
• Clean the litter box thoroughly to rid your home of smells. If pets can be temporarily relocated, remove the litter box entirely.
• Hang fresh towels in every bathroom.
• Put fresh liquid soap or bar soap in each bathroom.
• Remove rugs to showcase hardwood floors.
• Put out fresh flowers and fill candy dishes.

Selling Your Home? Successfull Real Estate Selling Tips - #6

6. Get A Sense Of The Market

When listing a home for sale, aside from looking at comparables, I suggest taking my clients out with me to preview other similar properties that are the competition. It's important to do this so you can see what we're up against, and to see what works and doesn't work. So. before you put your home on the market, take a weekend day to check out the competition: homes with similar prices and in similar neighborhoods.

Remember, you don't have to go out and buy new furniture just to look like that beautiful new model in the new development -- what you want is the feel of that new model -- clean, uncluttered, and fresh.
Remember, after location, the most important item to a buyer is a well maintained home. Many flaws can be overlooked if the buyer knows he can move in without a lot of trouble and expense.

I hope you've enjoy my successfull selling real estate tips series!

Hoboken Open House Real Estate Listings For Today!

Our HOBOKEN Real Estate Open House List For Today

100 Clinton St. #2C* NEW LISTING When: 1-3PM Listing Price: $229,000 Bedrooms: Studio Baths: 1 Sq.ft: 500 View More Info

1015 Grand St. #4E* UNIQUE 1BR LOFT W/ PRKG ON COBBLESTONE STREET! When: 2-4PM Listing Price: $349,000 Bedrooms: 1 Baths: 1 Sq.ft: 620 View More Info

74 Garden St. #4S* GREAT LOCATION When: 12-2PM Listing Price: $359,000 Bedrooms: 1 Baths: 1 Sq.ft: 700 View More Info

1201 Willow Ave. #5R* UPTOWN HOBOKEN - TOP FLOOR 1BR When: 12-2PM Listing Price: $379,000 Bedrooms: 1 Baths: 1 Sq.ft: 610 View More Info

151 2nd St. #4A* BLOOMFIELD STREET BEAUTY When: 12-2PM Listing Price: $389,000 Bedrooms: 1 Baths: 1 Sq.ft: 650 View More Info

205 14th St. #2R* WELL LAID OUT 2BR When: 2-4PM Listing Price: $399,000 Bedrooms: 2 Baths: 1 Sq.ft: 726 View More Info

933 Willow Ave. #4L* NEW LISTING! When: 12:15-2PM Listing Price: $409,000 Bedrooms: 2 Baths:1.5 Sq.ft: 900 View More Info

202 Park Ave. #3* MODERN AMENITIES + OLD WORLD CHARM When: 2-4PM Listing Price: $409,900 Bedrooms: 2 Baths: 1 Sq.ft: 809 View More Info

416 Monroe St. #1L* UNIQUE 1200+ SQFT. DUPLEX W/ FULL STAIRCASE When: 12-2PM Listing Price: $420,000 Bedrooms: 1 Baths: 1 Sq.ft: 1272 View More Info

1210 Park Ave. #2* CLASSIC OLD WORLD CHARM When: 2:30-4:30PM Listing Price: $449,000 Bedrooms: 2 + Den Baths: 1 Sq.ft: 1100 View More Info

613 Monroe St. #4* GREAT NATURAL LIGHT & NYC VIEWS When: 2:30-4:30PM Listing Price: $463,900 Bedrooms: 2+den Baths: 2 Sq.ft:1325 View More Info

223 Clinton St. #2* NEW LISTING! When: 1-3PM Listing Price: $489,000 Bedrooms: 2 Baths: 1 Sq.ft: 1000 View More Info

727 Monroe St. #203* METRO HOMES PEMBROKE PLACE When: 2-4PM Listing Price: $529,000 Bedrooms: 2 Baths: 2 Sq.ft: 1193 View More Info

113 Madison St. #5W* MOVIN' ON UP! When: 2-4PM Listing Price: $549,000 Bedrooms: 2 Baths: 2 Sq.ft: 1310 View More Info

659 1st St. #408* NEW TOWN HOME STYLE PENTHOUSE When: 1-3PM Listing Price: $568,000 Bedrooms: 2 Baths: 2 Sq.ft: 1272 View More Info

82 Clinton St. #6B* SUNNY PENTHOUSE When: 1-3PM Listing Price: $569,500 Bedrooms: 2 Baths: 2 Sq.ft: 1190 View More Info

74-76 Monroe St. #5* HOT OFF THE PRESS! When: 2:30-4:30PM Listing Price: $600,168 Bedrooms: 2 Baths: 2 Sq.ft: 1282 View More Info

700 1st St. #16E* PENTHOUSE W/ VIEWS & OVERSIZED BALCONY When: 2:30-4:30PM Listing Price: $639,000 Bedrooms: 2 Baths: 2 Sq.ft: 1437 View More Info

915 Madison St. #4D* SPECTACULAR CONDO! When: 2-4PM Listing Price: $699,000 Bedrooms: 3 Baths: 2 Sq.ft: 1440 View More Info

1025 Maxwell Ln. #500* MOST PRESTIGIOUS ADDRESS IN HOBOKEN When: 1-3PM Listing Price: $849,000 Bedrooms: 1 Baths: 1.5 Sq.ft: 966 View More Info

62 Madison St. #4 BRAND NEW When: 2:30-4:30PM Listing Price: $899,000 Bedrooms: 3 Baths: 2 Sq.ft: 2388 View More Info

Selling Your Home - Tip # 5

5. Putting Your Home on the Market: Show It to Sell It

After you have cleaned, shined, decluttered and generally whipped your property into shape, it's time to attract a buyer.
Regardless of who markets your home, you or a broker, there are other, small things you must do to attract buyers. For example, even if it's bright daylight, open the blinds and turn on the lights. Also, open all the interior doors to make the home appear roomier. Be sure to remove all your kids and pets -- they're cute, but a prospect wants to see your home, not your pride and joy. In addition, make sure your pet's litter pan is clean so the home smells clean and fresh, not like air freshener. Remember, you need to make sure your home is available to be seen by a prospective buyer with as little notice as possible. That means less than an hour, or even five minutes, if possible.

This is a very important tip that too many sellers miss. Selling your home is an inconvenience, yes we know this. But the goal is to sell your home right? So if that means waking up an extra half hour early in the morning to leave your place ready then it must be done. As an agent, we get last minute appointments all the time, and the seller's that refuse to let us show their homes get missed, skipped and another property that was ready gets the offer. Sounds harsh, but this is the reality! So always be ready for show. Like they say on Toddlers and Tiaras - you have to be on!!