James Boyer's Blog: All Categories

It has been two weeks since I published the last update covering towns along the New Jersey Transit Midtown Direct Line.  Things are moving along though slower than most would like.  Many of the towns in Morris County are still experencing a recovery in home sales as compaired to the spring market.  Union County seems to be slowing a bit though moderatly priced homes still seem to be selling at a decent pace.  Essex County is a mixed bag, with places like Short Hills / Millburn, & Maplewood doing fairly good, but Livingston and many of the towns to the east not doing so well.

Want to do a little of your own real estate market research?  Check out Morris County Realtor you can do all the research you wish and you can even save searches so that when things…

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Summit home buyers, want to do some of the research on your own, but you don't want to have a New Jersey Realtor calling you and checking with you week after week, before you are ready?

I have the answer for you.  Check out Summit NJ Real Estate then just click on search.  It is a full MLS Search you can register and save searches so that you are e-mailed when there are price reductions, or new homes listed.  Much more convenient than having to go back and search over and over again. 

In this search you can do much more than just searching Summit NJ Real Estate, you are free to search all the surrounding towns.  Not finding what you are looking for in Summit, Try Chatham, or Madison, or even Short Hills. 

 

Summit NJ Real Estate ©2007, James… Read Full Post

First, I can understand your frustration.

 

Don't give up. The reason your home or real estate has not sold may have nothing to do with your property itself. In reality, it may be one of the more desirable homes on the market. There are many factors that go into the timely selling of New Jersey real estate – when you're educated on all those factors and completely understand what's going on around you, it's much less stressful.

 

Together, we may be able to identify the reason why your real estate hasn't sold and we can discuss what we're going to do about it. Here are some facts on selling real estate in today's market

·        Price: The time when your home will sell the easiest and for the most money is in the first 3 to 5 weeks it is… Read Full Post

In a lawsuit that is detailed in today’s Inman News it was revealed that earlier this year, ActiveRain, the popular social networking site for Realtors, was about to be acquired by Move.com, the owners of Realtor.com.  At the last minute, Move.com / Realtor.com pulled out of the deal. 

The terms of the original deal are unclear, but ActiveRain is now seeking $33 million in damages and alleges Move.com stole “confidential information” and that it is using this information to create and maintain the new Realtor.com blog network. 

This is a important and possibly high profile case for Move.com if they lose. They will probably come out of it with a tarnished reputation with the 50,000+ ActiveRain members and the damages are likely more than they would have…

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The Blanche and Irving Laurie Foundation present: 

Jeff Greenfield, senior political correspondent, CBS News
Wednesday, October 17, 2007 at 8:00 p.m.
Location: Dorothy Young Center for the Arts
Tickets: By Subscription Only 

Subscription-only Events: Get exclusive access to two intimate lectures: Jeff Greenfield on October 17 and Jon Meacham on March 27. Patrons enjoy reserved seating in the beautiful concert hall in Drew’s Dorothy Young Center for the Arts and on-campus parking for both lectures. Single-event tickets will not be offered for sale to the general public.

Priority Seating in the Simon Forum: Get special seating for the Madeline Albright and Newt Gingrich lectures in the Simon Forum.

Discounted Pricing: Get more than 10% off tickets.…

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Headline News, The largest discount Real Estate brokerage in New Jersey, Foxtons is closing down and going out of business. 

As reported on CNBC, Foxtons will stop doing business as they are out of money and cannot continue to pay their employees.

It will lay off 350 of its 380 workers and intends to keep 4,400 listings on the market.
Senior vice president John Blomquist tells The Asbury Park Press the company no longer has the liquidity to operate as a going concern.
Foxtons was founded in 1999 on the principle that consumers shouldn’t pay a 6 percent commission. Agents were paid salaries and customers were charged 2 percent. The company was sold in 2004 and eventually commissions were raised to motivate agents to show Foxtons’ homes.  via…

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To read part 1 of this 2 part series go to the FSBO fatal mistakes part 1. Fatal Mistake 4: Selling a home is a complex legal process. If you’re not using a real estate professional, hire a real estate attorney to review the paperwork and make sure you’re obeying all the applicable regulations involved. Expect to pay the real estate attorney from $800 to $1,300 depending on your area and how much help you need. Do not hire any other type of attorney; they will not know what they are doing. Pay an escrow agency or title insurance company to prepare closing statements and documents, and hold earnest money if your attorney is unwilling to do this. Certain forms must be filled out and filed with proper authorities, or fines can be levied. Other forms, if… Read Full Post

To read part 2 of this 2 part series go to the FSBO fatal mistakes part 2. Fatal Mistake 1: Owners who try to sell their own home are prime targets for bargain hunters who will try high-pressure to force you into taking offers far below market value. In other words, they want to “steal” your home. These may be market-savvy “sharks,” who will disappear if they can’t get what they want, or they may turn out to be excellent buyers who will pay a fair price if you don’t roll over for their initial, “lowball” offer. Remember, too, that the reason you’re trying to sell your home yourself is to save the money you would ordinarily pay for the Realtor fees & not give that savings & more to the buyers. Many buyers who approach “For Sale By Owner” properties… Read Full Post