The real estate market can be so confusing today, but don’t despair…recovery and help is on the way.
“Our area of Morris County is very special and unique due to its close proximity to NYC, excellent schools, and scenic beauty, so why can’t I get a higher price for my home now?”
We seem to be in a recovery, but don’t get too excited. Things can change in a heartbeat. A property listed at a fair market price will not last long. Buyers are out there, ready and poised to make the move, but if your property isn’t priced aggressively, your days on the market will linger and your property will be perceived as overpriced.
Once you pass the 60-day mark, the bottom feeders are on the loose, ready to make low offers.
Studies have proven that the closer you are to the “mark” with your pricing, your home will not only sell faster, but for a higher price.
No one wants to overpay, so we all need to proceed with caution when ready to put your house on the market. The recovery that is underway is still very fragile so don’t lose out on potential opportunities because of your higher asking price.
Posted by: 
Caroline Vanleer
Filed in
Tagged With
summit
">
During times of inclement weather remember your neighbors! Don’t forget that some of them may be elderly and need assistance. You can help not only when the snow is on the ground but during extremes, such as torrential rains, excessive windstorms, and heat waves when the power goes out. The elderly are a very proud lot and sometimes do not reach out for help when they need it the most.
The Red Cross offers assistance programs. They also outline why it’s so important to lend a hand. Programs for caring for the elderly are in place for family members and caregivers.
We have discovered that The Red Cross offers so much assistance that you may be surprised.
It’s not just about blood drives…Check them out.
See for yourself how your local NJ chapter can enhance someone’s life! Perhaps your own!
Posted by: Caroline Vanleer
Filed in
Tagged With
summit
">
Where you can find geological history in Madison Borough?
I remember when my children were little and I wanted to show them interesting things in the area, it was a true labor of love to uncover tidbits to share. Yes, I’m showing my age, that was before the internet, now the kids are in their 20’s and living on their own. So here are a few nuggets for you to share while chauffeuring your children to various events.
Madison is located on a ridge spanning from Summit to Morristown. The glacier which melted around the ridge was named, “The Wisconsin Glacier” which was formed some 10,000 years ago. The wetlands now known as the Great Swamp are on either side of the ridge. After the glacier melted, Madison was a gigantic lake: Lake Passaic. It’s difficult to imagine Madison under water with the “Hill Section” as little islands poking through, but it’s all true.
According to Rosenet Community Network for Madison there are still some “potholes” to be found from the huge chunks of ice from the melting glacier. The largest pot hole can be found on Glenwild Road. Located on Drew University’s property to be exact. Morris County acquired it and now presents as Public Parkland. The Moraine is its proper name.
The ridge which was formed produced a natural bypass for travel, now what we know as Kings Road. Prior to that, the Lenape Indians used this route and called it the Minisink Trail.
Morris County is steeped in history of all kinds. As their layers are revealed, new perspectives come to light. Explore and enjoy all this land has to offer.
Future blogs on the subject.
Until then,
Caroline
Posted by: Caroline Vanleer
Filed in
Tagged With
summit
">
Less is more. Why? Read on:
Simply, the value of the house, though represented by an offering price, is determined by the pool of buyers looking at groups of houses that are in a similar niche as yours. This is what is meant by the phrase: What the market will bear.
Two scenarios to be aware of:
Multiple offers: Price is set to attract serious buyers by offering value to entice multiple bidding on the property sooner rather than later. This method actually pushes the value of the property to the maximum price point. Timing and careful analysis is critical to achieve maximum benefits.
Over priced listings: These listings attract the bargain hunters. They know as soon as a property hits a time limit, they can negotiate a better deal in their favor. They have no competition in most cases and begin with a “low ball” offer. They have more control when negotiating, not the other way around.
The good news is that we are skilled at determining a healthy starting price when marketing your home. You should be able to reap the highest price the market will bear in the least amount of time and hassle.
We are happy to speak with you at our office without obligation.
Serving the Mid-Town direct communities of Chatham, Madison, Summit and Short Hills: we have what you need. See www.TurpinRealtors.com for community listings. Accurate information can make for a much more rewarding experience. Allow us to show you the Turpin difference.
Encourage BUYERS to Take it …. Not LEAVE IT.
Until next time,
Posted by: Caroline Vanleer
Filed in
Tagged With
summit
">
Chatham Moving and Storage is a local business with a great reputation for quality service. They are located at 223 North Passaic Avenue in Chatham, New Jersey. Their telephone number is 800-543-0753. They offer modern storage, packing and moving services.
If your destination is Madison, Harding Township, Chatham Township, Chatham Borough, Short Hills or Summit, or if you are moving out of the area, you should definitely put this local business on your list. I’ve had several sellers use their services with good results.
Until next time, enjoy the harbinger of spring!
Posted by:
Lois Olmstead
