westfield nj sellers: Westfield NJ Spring Market Mixed Signals--volume way up, prices may be down. - 05/13/11 08:42 AM
Westfield NJ Spring Market Mixed Signals--volume way up, prices may be down.
This is a little more detailed look at the Westfield NJ real estate market compared to last year, and with another month of data colllected.
Nearly double the number of contracts have been signed in the 1st four and a half months of 2011 versus 2010.  But the market time, is significantly longer and prices of closed transactions are significantly lower on average.  You will also note steeper markdowns during the average listing and steeper difference between Original List Price and sale price.  Please note DOM=days on market.
I … (0 comments)

westfield nj sellers: Gazumping Prevention - 03/28/10 08:08 AM
Gazumping is British slang for seller bouncing buyer for better offer after acceptance.  In NJ we have an additonal provisions space in our standard contract blank.  Although my entry there has moral weight only, and is not legally binding because the whole contract isn't binding in NJ until the Attorney Review is over, I still like to have the sellers (many of whom are honorable people) sign below the following:
"Upon signing by all parties, the buyers agree to desist from viewing any more properties or making any other offers and the sellers agree to desist from showing the property nor to entertain … (1 comments)

 
Scott Gleason, CRS, Westfield NJ New Homes Specialist (Coldwell Banker Realty)

Scott Gleason, CRS

Westfield NJ New Homes Specialist

Westfield, NJ

More about me…

Coldwell Banker Realty

Address: 209 Central Ave, Westfield, New Jersey, 07090

Office: 908-233-5555

Mobile: 908-698-2630

Author Bio: Scott Gleason, CRS writes frequently about Westfield Real Estate, and surrounding towns. Scott works with sellers to successfully prepare and present their Westfield new homes for sale, as well as guiding home buyers and real estate investors.

Real Estate Listings, market, values, homes for sale, marketing, luxury homes, real estate investments in Westfield NJ.


Listings

Links

Archives

RSS 2.0 Feed for this blog