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Today's Real Estate Activities - April 5, 2011

By
Managing Real Estate Broker with Pino Agency NJ - 9235504

105 State Street, PennsGrove, NJToday's Real Estate Activities - April 5, 2011

And The Word of The Day is:

Price Reductions!

Okay -- Okay -- I know -- that's two words.

 Overwhelmingly, new prices  were today's big story.

18 Front Street, LAC Township is now priced at $129,900 (down $5,000)

105 State , PennsGrove is now priced at $132,000 (down $3,000)

41 Harding Ave, Pennsville is now priced at $94,000 (down $2,000)

259 N. River Drive, Pennsville is now priced at $376,000 (down $10,000)

60 S. Hook Road, Pennsville is working on a new number, too.  Details to follow.......

I think it is so important to keep things moving during the marketing of a property.  Both Sellers and Agents should keep an eye out for new photo opportunities, shake up the written descriptions and be watchful of the current statistics for guidance on new pricing. 

Take a look at the photo above of my listing on 105 State Street, PennsGrove, NJ.  It's only been listed a little over one month.  This photo is the third exterior shot.  There was snow on the ground in the first one.  In the second one, the snow was gone but the grass was still brown.  Today's photo shows that my clients took advantage of the sunny weekend by mulching their beds and sprucing up with some new bushes and flowers.  (nice.....)

Properties are constantly moving into and out of the active Real Estate market.  Keep your properties fluid and interesting.......so you can keep buyers interested. 

Especially keep a look-out on the prices.  Buyers are most interested in the numbers!

Comments(4)

Brian Rugg
Rugg Realty LLC Sun City Texas 512-818-6700 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Hello Chris:

 

Good for you and your clients. Keeping things fresh can be tough to do, but a necessary step in staying in front of the market curve.

Apr 05, 2011 03:21 PM
Christine Hooks
Pino Agency - Pennsville, NJ
Celebrating 25 Years in Real Estate!

Hi, Brian.  Thanks for your kind words. 

Apr 05, 2011 04:47 PM
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Chris, great way to let buyers know what is going on! And those look like some very good prices.

Apr 05, 2011 11:44 PM
Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Chris, Usually the biggest number on our daily MLS Hotsheet is the number of price reductions. Pity the seller with an UP arrow beside their listing. Who in this market raises a price?

Apr 06, 2011 12:24 AM