This amazing better than new home is just one year old and available for sale in Egg Harbor Township, NJ. The Ellerbe model is offered by D R Horton in its newly completed Crystal Lakes community. Let me know what you think of the layout of this home in the comments. It offers an owner’s suite on the first floor plus 4 bedrooms, 2 full baths and a loft upstairs. It’s a great layout and great use of space in my opinion. Link to listing information and photos: https://prompt.kw.com/property/LST-6823731960911433734-4
Here is a video tour of the Coastal model. This new construction community is coming along nicely and phase two will be released soon. If you’re intested in a new home built on a golf course contact us for more details and click here for more information on the community.
This amazing house for sale offers incredible space for entertaining and lots of living space.
2 Beaver Drive in Egg Harbor Township, NJ is a unique lakefront home built for entertainment and recreation. This home is over 8,000 square feet of space with 6+ bedrooms and 4.5 baths. The most interesting part of the home is the massive indoor pool, basketball court and gym area. Check out my video tour and get more details by clicking here.
If you’re looking for a fantastic home with a bay view at a reasonable price you’ll love my listing in West Atlantic City. West Atlantic City is a section of Egg Harbor Township and it has a Pleasantville mailing address. It’s a tucked away spot with amazing views that is not as well known as some of our other shore areas. Take a look at my listing tour for 209 Seville Avenue, Pleasantville NJ and let me know what you think.
Here are 3 Tips For Getting Your Offer Accepted In A Low Inventory High Competition Environment
Our market right now is experiencing high demand and low supply of homes for sale. For example the communities of Village Grande English Mill and Village Grande Little Mill in Egg Harbor Township, NJ currently have no homes for sale out of approximately 700 homes. This means when a home comes available it’s likely going to have multiple offers. Here are 3 tips for getting your offer accepted in a multiple offer competitive real estate market.
Tip 1: Select The Right Agent
When you’re buying a home in a competitive environment choosing the right agent is critical. An agent that is a skilled and experienced negotiator can ask the right questions to find out what’s important to the seller and help the buyer craft the best possible offer. Choose and agent that has experience in successfully negotiating contracts in many different markets. Having relationships with other agents in a local market can also help your agent get the best information and positing you well for negotiations. This will allow you to present your offer and terms in the most favorable light.
Tip 2: Write A Love Letter
When sellers put their home on the market, they’re generally interested in two things: the price they get and the money they keep. But when they receive multiple offers from interested buyers, and the offers look similar, the deciding factor might be something completely different. It might come down to who they want living in “their” house. They might start to think about who they are leaving behind for their neighbors. That’s why, when writing an offer for a home, buyers should add a “love letter” that tells about who they are and why they love the house, letting the owners know how they’ll fit in to the neighborhood. It can’t hurt and it just might help!
Tip 3: Add A Personal Touch
I recently had a buyer client who was in a multiple offer situation. I encouraged them to create a short video on their phone to introduce their family to the seller. It worked! Their offer was accepted and they are now enjoying their new home. I also had a client give flowers to the seller in addition to the love letter. That worked also! Think creatively of how you can add a personal touch to your offer. Your offer will stand out and you’ll help make a connection with the seller.
Do you have any other thoughts on how to get your offer accepted when buying a home? Share in the comments or send me a message.
Here's a quick look at how COVID 19 is effecting the real estate market
COVID 19 has made an impact on NJ in a big way. And in South Jersey we have not as many cases of COVID 19 however we’ve experienced a severe economic impact with many businesses forced to close. Our team has continued to work from home and remotely to keep our clients safe practicing social distancing and using personal protection equipment. Governor Murphy has allowed us to show properties on a 1 on 1 basis. Open houses are not allowed at this time.
All these changes have forced us to get creative. Our home seller clients can now sell their home without ever having anyone enter it. Our eLISTING Virtual Home Selling System makes this possible. For buyer we are working as remotely as possible through our eBUYER Virtual Home Buyer System. This allows us to tour homes live with our clients while they stay in the safety and comfort of their home. For open houses we’ve moved them online. eOPEN is our Online Open House System that allows for personal face to face video interaction. These open houses are also broadcast live to social media.
We are changing the was we do business to continue to help our real estate clients safely during this challenging time. I’m available for a free phone or video conference to talk about your needs. Call or text me at 609-338-3773. Best wishes, Matt
Recently one of my listings in Atlantic City was bombarded by multiple showings and multiple cash offers. It ended up going under contract over the asking price. The interesting thing was that 3 out of the 4 offers we had were investors looking to purchase the property as an Airbnb rental.
The benefit of an Airbnb is that you can use the property while it’s not being rented. It helps offset the cost of buying a second home while getting income at the same time. At the Jersey shore there are some great potential areas for Airbnb. I’ll go over that in a minute. First lets look at 5 tips buying an Airbnb at the Jersey Shore.
1. Check Local Ordinances And Rules
Many municipalities and associations don’t allow short term rentals. This is really important to know up front before being a home. It may be best to avoid condos and home owners associations.
2. Don’t count on Airbnb to carry the house expenses.
Short term rentals like Airbnb and VRBO can fluctuate as seasonal changes and buyer demands change. A good rule to consider is will the property work as a long term rental. If so it’s a great investment regardless or what may happen with the short term rental market.
3. Check with your accountant
IRS tax code may not allow you to use the property for personal use and still get tax write offs. Check with your accountant before jumping in to any real estate investment.
4. Calculate the expenses of a short-term rental
Vacation and short term rental property are more expensive to operate and painting. They need frequent cleaning and repairs. Also all utilities need to be on and ready for a potential tenant. If you own a property out of the area you may need to hire a property manager or have a maintenance contract in place.
5. Work with an expert to pick the right location
Location is a key factor in buying any property and especially when choosing an Airbnb or short term rental. Some things to consider: Is the are safe? Is it close to restaurants, activities, transportation? Is it close to the beach or a short drive to the beach? It helps to work with an expert who knows the area. For example in Atlantic City there are some great location for short term rental properties and then a block or two away areas that are undesirable. You may also consider areas on the mainland like Galloway or Egg Harbor Township. You can get more house for your money to accommodate larger groups of people. Plus your still a short drive to the beach and attractions.
Contact us for help with your next purchase or sale.
Recent sale in Egg Harbor Township went under contract in 7 days $7,000 over asking price.
It’s a great time to sell a home and I want to share a story about Jim and Lori who were able to sell their Egg Harbor Township home quickly and for top dollar. The biggest factors in selling any home are price and condition.
Jim and Lori had a home inspection done before listing their property so they didn’t have any surprises. They fixed most of the items that came in the inspection report before listing the house to ensure a smooth sale. They also priced the house right. The result of this was 9 showings and under contract in 7 days. The home sold in just 42 days and sold for $7,000 over the asking price.
If you’re interested in selling your home and want top dollar and a quick sale contact me for a free consultation.