naeba: Burlington County NJ - Actual year by year October settlements 10/00 to 10/08 - 12/01/08 07:47 AM
There were fewer homes sold in October 2008 than any October since at least 2000. This shows that a lot of people are putting off the home purchase and a lot of sellers are putting off the sale of their home. But 351 homes did get sold in October 2008. … (0 comments)
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naeba: Come into the house from the cold. - 11/29/08 08:51 AM
Last week I showed 2 homes that were very similar in almost every way to a potential buyer. One of them was priced 15,000 lower than the other and both were vacant. Any Realtor knows that there is nothing colder than an unheated house in the winter. In this case the … (0 comments)
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naeba: A letter to the renting community. - 11/26/08 12:31 PM
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If you would like to know what homes are available in a particular neighborhood or are interested in locating a home with the features and price range that suit you - just ask.
If you are in the market for a home in Camden county or elsewhare in the … (0 comments)
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naeba: Networking for business - 09/15/08 06:41 PM
… (3 comments)
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naeba: Lead generators and seller's agents "handle" buyer agents - and buyers. - 09/11/08 05:24 PM
The quote below came from the teaser page of a spam email from DirkZellertraining dot com that I usually just delete. This time the heading (Hiring Experienced Buyers Agent - The Proof In the Pudding) caught my eye.
In general buyers don't realize that they really are being 'handled' … (1 comments)
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naeba: FHA guidelines still evolving - financing repair costs. - 09/06/08 06:36 AM
I first posted this in May and since then FHA has become much more widely used. As it should. It is still evolving though so another look seems justified.
For those who are not up on FHA it is a good time to look at this type loan. There is … (0 comments)
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naeba: Dual Agent remorse - 09/04/08 08:37 AM
I got an email through Trulia the other day from a young lady that was interested in a house in a town where I work. She had seen my profile and answers to questions I had given in Trulia. She had looked at a number of homes by calling the number … (4 comments)
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naeba: Homes Sold in Gloucester Township NJ 08081, 08012 (August 2008) - 09/03/08 07:54 AM
Homes Sold in Gloucester Township NJ 08081, 08012 (August 2008)
There are dozens of neighborhoods (developments), more styles than you can count and over SIX hundred homes NOW on the market in Gloucester Twp alone, that I can help you choose from and help negotiate a purchase on favorable terms.
With prices down … (0 comments)
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naeba: Homes in Gloucester county NJ 08012 08081 - 08/17/08 08:32 PM
Homes for Sale in Gloucester Township NJ 08081, 08012 (8/17/2008)
There are dozens of neighborhoods (developments).
Knowing the price range for an area, the median price and the number of homes
for sales doesn't tell you very much does it. Tomorrow I'll fill in the gaps.
If you know the area … (0 comments)
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naeba: A walk to the beach. - 08/06/08 08:02 AM
I toured a few open houses in Ocean County NJ this past weekend. One of them was advertised as walking distance to the beach. I guess it depends on how long you want to walk.
I have a friend with a house less than 4 blocks from the beach. It … (3 comments)
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naeba: FHA and Condos - 08/02/08 06:57 AM
I read a recent article in the Chicago Tribune that stated,
"Also, approvals for condos take eight to 10 weeks, twice the processing time for single-family dwellings."
It does not. To get some real facts I contacted Eric Bornebusch a senior loan officer at JPMorgan Chase.
Here is what … (0 comments)
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naeba: Listing Agent Responsiveness - 06/18/08 06:21 PM
With the tools we have these days communications can happen very quickly. Most of us are "connected" and then some. I prefer communications with almost everyone to be by email, at least in a business context. The simple reason is that I want a record of what I say and what … (0 comments)
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naeba: When you step through the door do you know if it is the house for you? - 06/16/08 10:14 AM
I recently read an agent's blog post that said she tells buyers that they will know if it is the house for them the moment they step through the door. There is no doubt that buyers sometimes really do "know". When they get that "I love it feeling" should the agent … (4 comments)
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naeba: What do buyers need to know before making an offer on a home? - 05/13/08 07:01 AM
What do you need to know before you make a purchase offer on a house?
This may vary with the part of the country you are in and with the house itself. I am in Southern New Jersey. My office is in Camden County.
Some things to know (or … (0 comments)
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naeba: Feeding the Rain From Cherry Hill NJ - 04/23/08 09:27 AM
Do you want to really subscribe to blogs. Make life easier for yourself.
You've seen the caption over the photo of members that says "Subscribe to blog"?
Click it. What just happened? Aside from it now showing up in your list of subscribed blogs I have no idea. I suspect … (3 comments)
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naeba: Is the Realtor Code of Ethics REALLY strict - as advertised? - 04/21/08 07:29 AM
Lets take a look at the heading and the first 2 articles: Define: Customer= Define: Client=
As a consumer, do you want to be a client - or a customer of "YOUR" Realtor?
Did you notice that even though the heading is "Duties to Clients and Customers" not one article mentions … (2 comments)
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naeba: The Verdict: The Ummels Lose - Agent Little Didn't Violate the Law. - 04/19/08 07:01 AM
The Verdict: The Ummels Lose - Agent Little Didn't Violate the Law. Cherry Hill, NJ, April 19, 2008. A jury in the case involving Marty Ummel, buyer of a 1.2 million dollar home in California, decided that her agent, Mike Little, did not violate the law. Mrs. Ummel says she … (1 comments)
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naeba: Do you have or need a secretary? - 04/11/08 03:30 PM
How many of you have an unlicensed assistant or a secretary. If you do, how do you use them. It seems to me a full time secretary would cost (at least) $30,000 a year. That would be cheap if it didn't result in a reduction of my net income but I … (22 comments)
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naeba: Client communication, phones, email and fax - 04/09/08 02:44 PM
I have one number that rings all my phones;
celloffice home and now laptop. If I'm with a client, I don't answer and they can leave a voice mail which gets emailed to me. I call them back as soon as I'm free. It works for me. When I leave … (3 comments)
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naeba: Real room sizes and published (MLS) room sizes - the size of the stage. - 04/09/08 06:53 AM
Did you ever try to match the room sizes in the listing with those in the home. Buyers often do that and come away confused or cynical.
Some agents use the largest wall to wall size and ignore that a closet or stairway or other obstruction takes up a large segment … (2 comments)
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naeba: Perception: stylish outfit and fancy car - then there is me. - 04/02/08 03:27 PM
How much business am I losing by not being stylish and driving a fancy car. I drive a 5 year old Town and County. Not fancy by any means but it will seat 7 total if I need it to. It is functional. Will a new one get me more business?
As … (18 comments)
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naeba: Market Stats and Trends, Cherry Hill NJ Real Estate - 03/30/08 01:39 PM
I went back 2 years (April 06 to March 08) and looked at sample listing and sold history. The only month within that time frame that more homes were listed than sold was December '06. I don't think that month is meaningful because listings generally are depressed in … (2 comments)
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naeba: Dual agent or dueling agents? Will your agent duel for the deal? - 03/11/08 07:51 AM
Can you imagine the result if both parties to a proposed duel named the same person as their "second". That, of course, would not do - at all. It would make the second a 'Dual Agent". Since one of the duties of the 'second' is to take the place of the … (14 comments)
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naeba: How long does it take to look at a house? - 03/08/08 10:43 AM
If you are an agent you know that some buyers take longer than others to look at a house. Also, that some homes (a condo) take less time to look at than others (say a six bedroom victorian fixer upper). Some buyers have to get the feel for the house. They … (6 comments)
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naeba: Declining markets - fannie mae and FHA - 03/06/08 07:06 AM
Fannie Mae recently issued new rules for declining markets. See: https://www.efanniemae.com/sf/guides/ssg/relatedsellinginfo/pdf/declmktsmaxfinfaq.pdf If your client happens to be buying a home in a "declining market" designated area with a 5% down mortgage product they may suddenly find that they will need 10% down to close. In fact, if the mortgage product is … (6 comments)
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naeba: Government homes may be a good deal - or not. - 03/04/08 07:44 PM
Often HUD and VA foreclosures are a good deal but they should be looked at with a critical eye. Lots of buyers are ready to pounce on them without looking at other homes on the market...Just because someone got foreclosed and the government ended up with the home does not mean … (2 comments)
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naeba: More due diligence: What do you uncover before the buyer makes an offer..... - 02/28/08 12:38 PM
In preparing to show homes I generally give my client a copy of the listing sheet, the tax recored, the tax history and whether or not it is in a flood zone. All that is easily available on TREND (our MLS system). When I have it I also give a … (2 comments)
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naeba: Getting new clients from prior clients - How do I.... - 02/20/08 12:46 PM
I hear a lot of Realtors say that all of their clients or customers become their friends. That makes me feel a little antisocial. I don't HAVE that many friends. Heck, I don't even want that many. Some of my clients I wouldn't want as friends even though I think … (14 comments)
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naeba: Agent needed: Why do agents move from one office to another? - 02/19/08 05:17 PM
I have a small real estate office and I’m thinking of adding another (full time) agent. I am NOT looking for someone to train that is just out of school. Ideally this person would have at least 5 years of experience in South Jersey real estate (that does not mean just … (0 comments)
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naeba: Do you know your listing? - 02/18/08 06:14 AM
Do listing agents take much time looking at their clients homes? I was called for feedback on a home I showed a couple days ago. My client had no interest in the home after seeing it but I wanted to give the agent something they could use.
I suggested … (0 comments)
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naeba: Free advertising. Write for your local paper. - 02/16/08 07:16 AM
Here is an article from the Courier Post, a South Jersey newspaper. I can post it because I wrote it. If the courier hadn't printed it I was thinking of sending to a newswire but that is a bit expensive. When the Courier printed it they did remove the last 3 … (0 comments)
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naeba: Due diligence and the path to home ownership. - 02/15/08 05:39 AM
I think of myself as a buyer’s “due diligence” tool. Due Diligence: It is more than “to be diligent”. When one enters into a contract they should not do so blindly. Yet, they generally don’t have the background to personally make a complete or sufficient evaluation of all the things they … (0 comments)
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naeba: Buyer agents (Exclusively) NJ - 02/14/08 09:32 AM
It has been many years since I worked for a company that listed homes for sale. I know. In real estate classes they say, and, indeed the conventional wisdom in the industry is: "The money is in the listings." Heck, almost all members of the National Association of Realtor's, … (2 comments)
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