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Monday, November 19, 2018

Thinking about a vacation home in Mexico?


Here are some helpful links:

http://visitloscabos.travel/

* Portus: http://www.portusmexico.com/ (Most affordable prices)
* Quivira: https://www.quiviraloscabos.com/ (Most complete amenities, affordable prices, Luxury residences and timeshare)
* The Paraiso Residences: https://www.theparaisoresidences.com/ (Great location)
* Solaria: http://www.solariacabo.com// (The best ocean view)
* Maravilla Los Cabos: https://maravillaloscabos.com//
* Solaz: http://www.solazresidences.com//
* Diamante: https://diamantecabosanlucas.com/properties/real-estate/
* Delmar: http://delmarre.com//
* Espiritu at Palmilla: http://espirituatpalmilla.com/
* Querencia: https://qcabo.com/
* El Encanto de la Laguna: https://www.elencantoloscabos.net/
* Puerto Los Cabos: http://puertoloscabos.com/real-estate/
* The Ritz-Carlton: http://www.ritzcarlton.com/en/residences/los-cabos
* Rancho San Lucas: https://www.ranchosanlucas.com/
* Costa Palmas: https://costapalmas.com/


Call me to discuss these opportunities and I will be happy to hook you up with the Local Expert!

Mark Slade
Keller Williams
www.goodhomesforgoodpeople.com
917-797-5059



Sunday, November 18, 2018

West Orange Real Estate Statistics October 2018







Mark Slade
Keller Williams
917.797.5059
Good Homes

New Jersey Luxury Homes


Selling a West Orange/Glen Ridge/Montclair/Maplewood/Millburn/Short Hills 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— Glen Ridge, Montclair, Millburn, Short Hills, 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 Montclair, Glen Ridge, Maplewood/South Orange New Jersey Area 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. Want to know how we consistently sell our clients’ homes for more $? www.sellinghousesformore.com



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



As your Glen Ridge, Montclair, Maplewood/South Orange/Short Hills/Essex/Union County New Jersey listing agent I am well versed on as your local expert in all things in the 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.


And don’t forget these handy resources.
For Open Houses:
Livingston Open Houses



West Orange Open Houses


And for the Latest List of Homes for Sale:

Latest Livingston Homes For Sale



Latest West Orange Homes For Sale



Mark Slade




Mark Slade on ZillowMark Slade, ABR,  Local Expert - Agent with KELLER WILLIAMS Mid-Town Direct RealtyMark Slade reviews
Reviews on Zillow
src="//www.youtube.com/v/6AKiPpPLEhQ?hl=en_US&version=3&rel=0" type="application/x-shockwave-flash" width="420" height="315" allowscriptaccess="always" allowfullscreen="true">

Saturday, November 17, 2018

Get WOWED again! Come see 50 Tillou Road West Today and Tomorrow 2-4PM





If you are looking for true luxury and a private cul de sac then 50 Tillou Road West in South Orange has your number.



When location and upscale finishes are on your priority list, this exceptional Colonial is
made to order. Nested in The Manors, a highly desirable neighborhood in a top-rated
school district, you remain close to everything South Orange Village has to offer. Incredible
architectural details from floor to ceiling fill this home with elegance, comfort, and style.
Spacious, well-proportioned rooms are arranged in an easy flow, creating the ideal
environment for entertaining and daily living. Rich hardwood floors reflect the sunlight
pouring in through large windows, while deep moldings, coiffered and tray ceilings add
texture and interest. The kitchen is a wonderful blend of beauty and function, showcasing
chef-worthy appliances set in a step-saving space.


Four spacious bedrooms and four well equipped full baths are situated away from the
main living areas. The master suite includes a luxury master bath with a soaking tub
and stall shower, giving you a private retreat to refresh and renew. A finished lower
level provides leisure welcoming indoor play and hobbies. Step outside, where a lovely
covered patio with curtains and separate fire pit area awaits. With nearly a quarter-acre of
beautifully landscaped property, you’ll have plenty of space for active play and gardening.



https://patch.com/new-jersey/southorange/south-orange-wow-house-would-you-pay-950k-house



Mark Slade
Keller Williams
917.797.5059
Good Homes



Selling a 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 Maplewood/South Orange New Jersey Area 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/ 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:

For Open Houses:
www.maplewoodnjopenhouses.com
www.southorangenjopenhouses.com
and
For Homes For Sale:
www.latestmaplewoodhomes.com
and
www.latestsouthorangehomes.com
Mark Slade
Mark Slade on ZillowMark Slade, ABR,  Local Expert - Agent with KELLER WILLIAMS Mid-Town Direct RealtyMark Slade reviews http://search.goodhomesforgoodpeople.com/index.cfm?action=newsearchsession&search_mode=form&primarysearchtype=active&searchtype=city&state=NJ&single_family=y&min_price=0&max_price=1000000000&county=Essex&city=West%20Orange%20Township&resetform=1/lewellyn Mark Slade Keller Williams 917.797.5059 Good Homes Mark Slade
"Mark is an incredible agent. He represented us in purchasing a home in 2015 and in selling that home this Fall (we had to move for work). He was ... more "
5.0/5.0
by Andrew Pak
2653111
"Mark helped me through all stages of buying and selling a home, two difficult and challenging transactions. I have tremendous confidence in him, and ... more "
5.0/5.0
by user8716562
2562654
"Our experience with Mark selling our house could not have been better. In less than a week we had 6 offers over the asking price. He is a pro in every ... more "
5.0/5.0
by Rodolfo Gils

Thursday, November 15, 2018

145 SHERIDAN AVE Roselle Park Boro, NJ 07204-2420

Property Site: http://tour.circlepix.com/home/4ZXP7J/145-SHERIDAN-AVE-Roselle-Park-Boro-NJ-3515832
Recently Renovated and updated in 2016, this spacious custom 4 bedroom, 3 bath colonial defines move-in ready with hardwood floors, formal dining room & eat-in-kitchen. Bonus: Possible mother/daughter Come soak up the sun inside the home due to large windows. There is a second side entry to the living room and convenient access to the stairs leading to the upper level. For the busy home chef, the kitchen sparkles with white cabinets, granite counters, tile backsplash, pantry while being complemented by stainless steel appliances. A bedroom and full bath round out the first floor. Three bedrooms, one a master with sitting room share the second floor with another full bath. The lower level has a family room, kitchenette, exercise or bonus room with closet, laundry and the third of three full baths.
Bedrooms: 4
Bathrooms: 3
Price: $399,000

For more information about this property, please contact MARK SLADE at 973-762-5400 or sladehomes@gmail.com. You can also text 5352192 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://midtowndirectrealty.com/


MLS ID: 3515832

Wednesday, November 7, 2018

The Art of Listening, How to be the Best Real Estate Agent You Can Be


Mark Slade’s unique educational background – he studied economics, fine arts and urban studies – turned out to be the perfect fit for a career in real estate.

The head of the Mark Slade Home Team in New Jersey, he sat down with First to talk about effective listening and building relationships.

Among the highlights:

· Be purposeful in how you build relationships. Listen to your customers and connect with them in relevant ways.

· Like to use promotional items? Make it unique but also make it useful.

· Top-notch service is the key to sales and you can’t provide it if you aren’t listening.



To Listen, click here.

Rather read? Check out the transcript here


Mike Schneider: Welcome back for another episode of First Person with Mark Slade of the Mark Slade Homes team. We're going to talk a little bit about relationships.

Mike Schneider: So, how'd you get into real estate? Let me hear a little bit of your arc and how'd you get to Mark Slade Homes team?

Mark Slade: Okay. So, as I said, my first job was Macy's and I went through the training program. I worked my way up and ended up buying Men's Underwear and Hosiery, or as I like to say, Socks and Jocks. It's a little bit more fun. And ended up just going to the other side of the fence, as we call it, and going into wholesale.

Mike Schneider: Okay. Okay.

Mark Slade: I worked myself up to an executive vice president, only to find that the industry was imploding. So, that first EVP job lasted about a year and a half, and I was forced to look for another--another year and a half EVP. And then finally a third. And then I got a little tired of the same thing happening, which is working for these companies, helping them reposition and almost turn them around, only to find myself two out of the three times being the recipient of the 'bye-bye' when they were selling to the Chinese. After the third time, I kind of got a little tired of it, and said it was time to reinvent.

Mike Schneider: Sure.

Mark Slade: And I combined the fact that I've always-- I have degrees in fine arts, economics, and a minor in urban studies and everyone said, "Real estate, real estate, real estate." And I said “Yeah, well I wanted to be an architect at one point," so this was kind of a good way of maybe getting into it.

Mike Schneider: Get into it. Yeah.

Mark Slade: Didn't want to give up my weekends, but, uh, this year I'll do forty million.

Mike Schneider: Whoa.

Mark Slade:: So I guess it was worth giving up my weekends.

Mike Schneider: Yeah, turned out great.

Mark Slade: Yeah.

Mike Schneider: So, everyone talks about this being a relationship driven industry, and stats show 78% of transactions come through relationships. But what does that actually mean? How do you run your business with relationships?

Mark Slade: Well listen, you hear people say, "Throw spaghetti at a wall." That's really not purposeful. That is just going through the motions. So, if you're purposeful, in my book, that means you're working towards building a relationship. It means you're listening, which is key. It’s like, when I give closing gifts, for me, the closing gifts – I loved-- I don't care what I'm spending.

Mike Schneider: Sure.

Mark Slade:I mean, I know, I know the government only lets me write off $25.

Mike Schneider: Yeah, yeah, yeah.

Mark Slade: But I really don't care. I want to find something that really makes sense and it's relevant to those people.

Mark Slade: You asked me about my first listing. They were also my first buyer clients, and he wanted to be a chef, you know, as a fun hobbyist. And I went out and I bought him a whole set of Wusthof Knives cause I like to cook and I have Wusthof Knives and, you know, a friend of mine told me those were the ones to get.

Mike Schneider: Yeah.

Mark Slade: So, looking for ways to connect, to be relevant, to listen and befriend them in a way is how I look at building relationships in real estate.

Mike Schneider: Wow. Well, one of the things we like that's challenging in that is, you're doing forty million which is amazing. You must have hundreds of past clients and thousands of relationships. You know, what are some of the challenges with that?

Mark Slade: Keeping up with all of them.

Mike Schneider:: Yeah. How do you do that? You can't have a relationship with hundreds of people.

Mark Slade: So, for instance, what I try to do, at least first year home anniversary, is I try to make sure I do personally go and visit at least the people that I personally handled. I mean, I do have a team.

Mike Schneider: Sure. But, you'll actually go visit them.

Mark Slade: Go visit them, if it's not me, and it's somebody on my team, I will give them a bottle of champagne or something to go out and just say, first year home anniversary.

Mike Schneider: Wow.

Mark Slade: If I got close enough to them that I know their birthdays, as Molly (First’s VP of Marketing) could tell you I dropped off cookies for a birthday. I just actually bought a series of car vent magnets that I branded for your cellphone. Because for me, unfortunately, the cellphone is always in my hand. Not a good thing to be doing. So, I will be giving these out to past clients, either dropping them off or at least sending them in the mail.

Mike Schneider: You might save some lives.

Mark Slade: Yep. I might save my own life.

Mike Schneider: Yeah, that's right.

Mark Slade: But I'm always looking for some little premium, promotional item that I can brand that I think is useful.

Mike Schneider: Yes.

Mark Slade: I mean, you know, we just walked the floor downstairs. Every booth has a pen.

Mike Schneider: Right.

Mark Slade: I mean, how many pens do we really need. But finding something that's more unique that, that is useful, even if they don't use it, they can pass it along, and I will put that in a note.

Mike Schneider: Sure.

Mark Slade: If you already have something like this, then please pass it along to someone who does need it.

Mike Schneider: Yep.

Mark Slade: And I learned this because I had a team meeting for my crew and I was talking about cellphones and I had to explain the rules in New Jersey and how even if you're holding it, not using it's a violation, and you get ticketed. And so, I gave them all magnets. You know?

Mike Schneider: That's awesome. I'm sure you've had this-- we've all had this happen where, you realize somebody may be thinking about selling or something like that, but you haven't talked to them in two or three years. How do you spark that conversation again?

Mike Schneider: How do you re-engage that relationship if you haven't followed up with them?

Mark Slade: So, the key is, you just said, if I know.

Mike Schneider: Sure.

Mark Slade: So the question is, how do I know?

Mike Schneider: Yep.

Mark Slade: So if I know through somebody, then I would like a LinkedIn connection, you'd try to use that to make the introduction, which makes it a little bit easier. I'm a little bit more passive that way than super aggressive.

Mike Schneider: Okay.

Mark Slade: However if I don't know them that well or if I don't have the ability or the time, because timing is critical 07:00 then I might put together, you know, a quick pre-listing packet and include a book that I've written on how to sell your home for the most money.

Mike Schneider: Sure.

Mark Slade: And FedEx it to them or drop it off in a FedEx envelope and say, "I'm sorry I missed you," but try to get in front of them in that way.

Mike Schneider: Yeah.

Mark Slade: And make that kind of connection. If I don't pursue them because I'm being too timid then, you know, as the old expression goes, 'Nothing ventured, nothing gained.' I will venture so I can gain.

Mike Schneider: Yeah. Cool. I'd be curious-- you've clearly had great success. You know, do you have one or two pro tips on deepening relationships?

Mark Slade: Well, it's just listening to who that person is. Finding out what makes them tick. Finding out, you know, where you can connect. Like, I grew up in Massachusetts so I happen to be a Patriots fan, a Red Socks fan all that, including my birthmark which is a Red Socks logo.

Mark Slade: But one of my clients, I had no idea until after I posted that I was at a Giants, Patriots game that he was also a fan. So, yesterday somebody was selling tickets. I bought tickets to give to him. And I know that it's going to go super long because it's something that he's a fan off, which is even more a point.

Mike Schneider: Yeah.

Mark Slade: By giving him something that, you know, hopefully he'll embrace because of his fandom, I will be included in that fandom.

Mike Schneider:Yeah.

Mark Slade: And that's what I want to be able to do.

Mike Schneider: And you'll be able to continue that conversation for years.

Mark Slade: That is correct.

Mike Schneider: That's great.

Mark Slade: Plus, I get to go and watch my game.

Mike Schneider: That's right. Yeah, you were going anyway. That's great. Any last thoughts on how relationships fit in with real estate and, and growing a team?

‍Mark Slade: Well, the trick is that some people view relationships as sales and they are but to me, sales is really providing top-notch service. And, you can't provide top notch service if you don't listen to your clients.

Mike Schneider: Wow.

Mark Slade: I mean, like, I like to text. Okay? I have a client that told me, "No, Mark, I want only email."So I would email Gary. And finally, by two thirds of the way through the transaction, he was texting me. But not because I was texting him.

Mike Schneider: That's right. You listened.

Mark Slade: But I listened to him. I mean, that's not my preferred way to communicate. And he was appreciative. It has to start with listening. And then, once you listen, you get to learn. And once you learn, then you know how best to service the client. And if you service them, you've developed a relationship.

Mike Schneider: That's great. That's a great reminder when we talk about relationships driving the industry. It's not sales, it's service. We're here to serve and so when you have relationships, and you can provide the value to people you know and who know you and like you?

Mark Slade: Mmhmm.

Mike Schneider: That's a great business to be in.

Mark Slade: I love it.

Mike Schneider: Well, thanks for sharing some of your wisdom.

Mark Slade: Oh, my pleasure.

Mike Schneider: I really appreciate it.

Mark Slade: Thank you so much.



Mark Slade
Keller Williams
917.797.5059
Good Homes



Selling a 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 Maplewood/South Orange New Jersey Area 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/ 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:

For Open Houses:
www.maplewoodnjopenhouses.com
www.southorangenjopenhouses.com
and
For Homes For Sale:
www.latestmaplewoodhomes.com
and
www.latestsouthorangehomes.com
Mark Slade
Mark Slade on ZillowMark Slade, ABR,  Local Expert - Agent with KELLER WILLIAMS Mid-Town Direct RealtyMark Slade reviews http://search.goodhomesforgoodpeople.com/index.cfm?action=newsearchsession&search_mode=form&primarysearchtype=active&searchtype=city&state=NJ&single_family=y&min_price=0&max_price=1000000000&county=Essex&city=West%20Orange%20Township&resetform=1/lewellyn Mark Slade Keller Williams 917.797.5059 Good Homes Mark Slade
"Mark is an incredible agent. He represented us in purchasing a home in 2015 and in selling that home this Fall (we had to move for work). He was ... more "
5.0/5.0
by Andrew Pak
2653111
"Mark helped me through all stages of buying and selling a home, two difficult and challenging transactions. I have tremendous confidence in him, and ... more "
5.0/5.0
by user8716562
2562654
"Our experience with Mark selling our house could not have been better. In less than a week we had 6 offers over the asking price. He is a pro in every ... more "
5.0/5.0
by Rodolfo Gils

50 W TILLOU RD South Orange Village Twp., NJ 07079-1357

Property Site: http://tour.circlepix.com/home/AVSD64/50-W-TILLOU-RD-South-Orange-Village-Twp-NJ-3514086
Stunning luxury 3 bedroom, 4.1 bath home loaded with upgrades. Renovated Designer Gourmet kitchen with marble counters, white cabinets and stainless appliances. Plus, Butler's pantry with wine fridge. Master suite with sitting room and marble bath. Moulding and hardwood floors throughout. Completely renovated basement with guest bedroom, full bath, office, recreation room, den and gym/exercise room. Luxurious covered patio off the great room with flowing curtains and an additional patio area for entertaining. Elevator shaft on all 3 levels.
Bedrooms: 4
Bathrooms: 5
Price: $950,000

For more information about this property, please contact MARK SLADE at 973-762-5400 or sladehomes@gmail.com. You can also text 5340946 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://midtowndirectrealty.com/


MLS ID: 3514086

Monday, November 5, 2018

Why Sellers May Want To Sell Now

Why Sellers May Want To Sell Now

http://50TillouRdW.com

In South Orange as of November 5th, there are a total of 65 Listings for Sale. The good news is that 9 of these properties are showing as having accepted offers. The not so good news is that 22 of these properties—over 1/3 of the actives on the market—have had their prices reduced by as much as 20%. Interest Rates are on the rise and the stock market has been a little jittery. Yet, Jeffrey Otteau, NJ Real Estate Expert and Leading Appraisal Company for the State of New Jersey expect the market to stay healthy enough for another 18 months. He claims we should expect to see a slowing of the rapid growth rates in prices, but we shouldn't expect to see overall declines for a time. He claims RIGHT pricing is even more critical now, more than ever.

In the meantime, if you are listed on the market, what should you do?

www.144SetonPl.com

Here is an example of a situation and the advice is quite spot on—run the numbers for your particulars.

In the early 1990s, the luxury market in Beverly Hills, Brentwood and Bel Air took a 33 percent drop in about six months.

In the midst of this price plunge, one set of buyers offered $1.1 million on a property listed at $1.35 million.

The Seller countered at $1.325 million and told the buyers they were firm on that price. The buyers raised their offer to $1.125 million but advised that they were unwilling to go any higher because prices in the market were declining so quickly.

The Sellers advised that they would wait for another offer.

http://321NWyomingAveC2D.com

At that point, research showed that there was about 60 months of inventory on the market in that area — that’s the equivalent of five years of inventory, based on the total inventory and the rate at which the number of homes were being sold.

More specifically, the analysis showed the following:

1. The rate of absorption was 1.6 percent (1 sale every 60 months). In other words, the probability that the property would sell was 1.6 percent in any month, and the probability it would not sell in a given month was 98.4 percent.

2. At the time the offer was submitted, the rate of decline in prices for the previous six months was 3 percent per month. Consequently, each month their property stayed on the market, it was losing $40,500 in value ($1,350,000 x 3 percent).

3. As an example, if it took them another six months before they received their next offer, their property would have declined by $243,000 and would be worth $1,107,000, $18,000 less than the buyer was offering.

4. In addition to the price decline, they also had the carrying costs including property taxes, insurance, HOA fees, etc.

After careful consideration, or reconsideration, the Sellers recognized the risk, and the transaction closed at $1.125 million.
To prosper in a down market you must be able to show your sellers the benefits of selling now and locking in a price rather than taking the risk that their property will be worth less if they wait.

Working with the rate of absorption and the months of inventory on the market is one of the most effective ways to do this.

Cited example above was shared by Bernice Ross, President and CEO of BrokerageUP (brokerageup.com) and RealEstateCoach.com, is a national speaker, author and trainer with over 1,000 published articles. Learn about her broker/manager training programs designed for women, by women, at BrokerageUp.com and her new agent sales training at RealEstateCoach.com/newagent.



Mark Slade
Keller Williams
917.797.5059
Good Homes



Selling a 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 Maplewood/South Orange New Jersey Area 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/ 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:

For Open Houses:
www.maplewoodnjopenhouses.com
www.southorangenjopenhouses.com
and
For Homes For Sale:
www.latestmaplewoodhomes.com
and
www.latestsouthorangehomes.com
Mark Slade
Mark Slade on ZillowMark Slade, ABR,  Local Expert - Agent with KELLER WILLIAMS Mid-Town Direct RealtyMark Slade reviews http://search.goodhomesforgoodpeople.com/index.cfm?action=newsearchsession&search_mode=form&primarysearchtype=active&searchtype=city&state=NJ&single_family=y&min_price=0&max_price=1000000000&county=Essex&city=West%20Orange%20Township&resetform=1/lewellyn Mark Slade Keller Williams 917.797.5059 Good Homes Mark Slade
"Mark is an incredible agent. He represented us in purchasing a home in 2015 and in selling that home this Fall (we had to move for work). He was ... more "
5.0/5.0
by Andrew Pak
2653111
"Mark helped me through all stages of buying and selling a home, two difficult and challenging transactions. I have tremendous confidence in him, and ... more "
5.0/5.0
by user8716562
2562654
"Our experience with Mark selling our house could not have been better. In less than a week we had 6 offers over the asking price. He is a pro in every ... more "
5.0/5.0
by Rodolfo Gils



Saturday, November 3, 2018

Who Owns the Statue of Liberty????

I stumbled upon this fun historical video that lets you know which state--NY or NJ--owns the Statue of Liberty.



I'm so glad that selling real estate doesn't get as complicated as dealing with ownership of a National Icon.

Although, every 1-2 transactions out of 100 end up with survey (boundary) issues, just so you know.



Mark Slade
Keller Williams
917.797.5059
Good Homes

Union County Homes



Selling a home in Union County: Springfield, Mountainside, Berkeley Heights, Summit, New Providence, Westfield or Essex County: Maplewood, South Orange, Montclair, Glen Ridge, Millburn, Short Hills and Livingston involves many steps and having an experienced Berkeley Heights/New Providence New Jersey Real Estate Agent and Realtor®, specializing in the Bedroom Communities of New York City in Union County— Berkeley Heights, Summit, New Providence, Westfield , Scotch Plains, Fanwood, Springfield, Cranford, Westfield as well as Maplewood, South Orange, Montclair, Glen Ridge, Millburn, Short Hills and Livingston --by your side will make the transaction run a lot smoother. I would love to be your New Jersey Area 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. Our www.unioncountyhomesnow.com brings us several new buyers every day which helps us sell our Union County Listings for more money and in less time. The same goes for our www.goodhomesforgoodpeople.com website
We are also luxury specialists if your needs so require.

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 Springfield, Mountainside, Berkeley Heights, Summit, New Providence, Westfield /Union County New Jersey listing agent I am well versed on as your local expert in all things in the 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.


Mark Slade
Mark Slade on ZillowMark Slade, ABR,  Local Expert - Agent with KELLER WILLIAMS Mid-Town Direct RealtyMark Slade reviews http://search.goodhomesforgoodpeople.com/index.cfm?action=newsearchsession&search_mode=form&primarysearchtype=active&searchtype=city&state=NJ&single_family=y&min_price=0&max_price=1000000000&county=Essex&city=West%20Orange%20Township&resetform=1/lewellyn