Matthew De Fede
Broker Owner
Realty Executives Elite Homes
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?
Here are two keys to ensure that you get the highest price possible.
1. Price it a LITTLE LOW
This may seem counterintuitive, but let’s look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).
Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price but will instead have multiple buyers fighting with each other over the house.
HGTV gives this advice:
“First impressions are everything when selling your home. Studies have shown that the first two weeks on the market are the most crucial to your success. During these initial days, your home will be exposed to all active buyers.
If your price is perceived as too high, you will quickly lose this initial audience and find yourself relying only on the trickle of new buyers entering the market each day. Markets are dynamic, and your price has an expiration date. You have one chance to grab attention. Make sure your pricing helps you stand out on the shelf -- in a positive way.”
2. Use a Real Estate Professional
This, too, may seem counterintuitive. The seller may believe that he or she will make more money without having to pay a real estate commission, but studies have shown that homes typically sell for more money when handled by a real estate professional.
Research by the National Association of Realtors in their 2018 Profile of Home Buyers and Sellers revealed that,
“the median selling price for all FSBO homes was $200,000 last year. However, homes that were sold with the assistance of an agent had a median selling price of $264,900 – nearly $65,000 more for the typical home sale.”
Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the money you get for your house.
Weehawken has changed so much in this last decade - home values and rents have skyrocketed, activities are everywhere and ultimately the synergy of this growing community is changing lives. Locals and out of state folks alike have come to discover the excitement around Weehawken and throughout my life I've seen the developments of this small community grow into one of the best places to live in the world minutes form the greatest city in the world New York City!
If you're looking to buy or rent in Weehawken, do not miss out on the information provided below.
Weehawken has become a hip and vibrant local community because of the people and small businesses who have transformed this area. In San Diego, when you think of local coffee shops, clubs, bars and food - you now think of Weehawken!
Weehawkens Farmers Market
The Garden Street Farmers Market fosters ongoing interaction between New Jersey farmers and the local Hoboken, New Jersey community. We aim to support sustainable agriculture, small businesses, and making farm-fresh produce available to the community. The market is located at The Garden Street Mews (14th & Garden St.), a pedestrian-only neighborhood gathering space.
This seasonal open air Saturday market has an abundance of NJ grown conventional and organic NJ produce, fresh cut herbs, local eggs, chicken and meats. French bakery, prepared foods (including gluten-free), olives, pickles, hummus/spreads, guacamole, crepes, pesto, pizza, cheeses, fresh cut flowers, fruit/veggie pops, donuts, crepes prepared at market, fresh squeezed lemonade, vegetable juices, gluten-free/grainless baked goods and more...
Coffee Shops
Welcome to the Kuppi Coffee Company! We would love the pleasure of serving you delicious coffee and food in our spacious and modern cafe. We feature George Howell coffee, MEM tea, and local milk from Battenkill Creamery.
Ever since the drop in the market in 2008, Weehawken has become one of the most desired places to live within New Jersey. And during that time many folks took the opportunity to invest in Weehawken real estate because of this beautiful melting pot of a diverse group of people who loved to be within walking distance from their home - and all the food and fun.
Now when it comes to buying or renting a place in Weehawken, there can be some challenges due to low inventory in 2017. From a renting perspective, there are so many property management companies who waste peoples time with unrealistic processes to qualify a renter. And then if you're looking to buy real estate in Weehawken, the prices can get quite high if you're not familiar with the real comps and value of the market place.
In fact, the best opportunities to buy or rent in Weehawken, are the unseen properties. Properties that never hit the MLS or the internet because the deal was put together before it ever got to that point. There are many landlords and sellers who'd rather deal with a couple of entities compared to dealing with hundreds of propsects who are not really interested or qualified and that's where my personal business relatioships and expertise in the Weehawken area can help you with your buying or renting goals.
My name is Matthew De Fede and I was born and raised in NJ. Not only have I sold real estate for the past decade but I also partake and enjoy in the lifestyle that this amazing community has to offer. If you're interested in buying or renting, let me get you started in the right direction.
Click here to access a list of current homes for sale in Weehawken
Click here to access a list of rentals in Weehawken
If you're interestd in buying or renting in a specific community, you will want to see a list of the current comps in that neighborhood. Please do not trust automated online values (like Zillow) especially when it comes to a tight knit commuity like Weehawken- you need someone who has access to all the closed record of sales and who is actively working the current rental market.
To get your personal comp list or if you would like to simply discuss the Weehawken life and ask a few questions, please contact me directly on my cell at 862-228-0554.
Thank you and I look forward to helping you live the Weehawken Life!
Matthew De Fede
Realty Executives
862-228-0554
