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Open Houses Suck… a case study

South Jersey Real Estate

4 open houses over 4 weeks, I know it’s not a scientific study, but I already know the answer to the question of “Do open houses work?” 

Back in the day when I was a newbie, I did about 40 open houses a year and it was a good prospecting tool and to help build my database of potential buyers and even some sellers.

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Buy 1st or Sell 1st …THAT is the Question!

Let’s say that you own a home but want to move to a better home.   Most people start the process by looking for the new home first… and then it hits them…. how am i going to pay for this thing?!    For the sake of brevity, let’s say you don’t want to rent your current home and that you have some cash/savings for a down payment but not enough to buy the new house outright with no mortgage.   

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South Jersey REALTOR works for FREE… and sometimes BEER

beer_mugIf you never knew  (or never really cared)  how real estate agents get paid, you might be surprised that we actually work for Free !   Yes it’s true…. kind of.

When selling your South Jersey home, we enter into a listing agreement which explains that my brokerage fee is contingent upon successfully selling your home.     

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What are Points and why do I care?

the_thinking_capPoints are the closest thing to legalized bribery!   When applying for a mortgage to buy a house, you can pay the lender a fee to get a better interest rate.   The fee is called a point and is 1% of the amount you borrow.   You could pay one or many points.   The point costs you money upfront but the lower interest rate saves you money each month on your payment.   

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How’s the market?

It’s a question that I get all the time…. but what’s the REAL question? Maybe some people are just making small talk because they know I’m a broker but many, I believe, want to know if it’s OK to buy a home. Watching the news is scarey and there’s no question-mark1shortage of uncertainty in the real estate markets,

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