How can I sell my NJ home?
Selling a house fast in New Jersey can be difficult.
New Jersey has some idiosyncratic local real estate legislation and practices to deal with so read to the end to find a Quick N Easy way.
What are your options when selling a house in New Jersey?
1.) Selling via a real estate agent
When most New Jerseyans contemplate selling their house they usually think about listing with a real estate agent.
Real estate agents deal with the listing and marketing of your home and help you through the process:
- contract negotiation
Listing agents give you a comparative market analysis (shortened to ‘comps’ in the jargon) as well as pricing recommendations and strategies specific to your goals.
2.) Real estate commissions
Commission paid to a seller’s agent is usually calculated as a percentage of the final sale price of the house. The percentage of commission varies.
Full-service agents take care of:
- closing of your home.
Agents pay for marketing expenses out of the kindness of their hearts, believe it or not. On average, these agents charge a commission rate between 5-8% in New Jersey, which is shared with any agent representing the buyer’s agent. Commission rates with your seller agent can be negotiated.
The commission is paid as a part of the sale price when closing and doesn’t have to be paid upfront.
3.) Multiple listing service