Sean Carroll, Team Leader of Team Carroll at RE/MAX Classic Group in Berkeley Heights has earned the designation of "Certified Distressed Property Expert" and is specializing in helping local homeowners avoid foreclosure. The CDPE designation denotes that Sean has completed a rigorous training program, and has the detailed knowledge and experience to help area homeowners know their options to avoiding foreclosure. The developers of the Certified Distressed Property Expert Designation (CDPE) believe that in almost all cases the best person for a homeowner in distress to speak with is a well-informed, licensed Realtor® that has the tools needed to help that homeowner find the best solution for their situation.
Whether that solution will keep someone in their home, or help them to sell their home in what is called a "short sale," Sean's goal is to help them negotiate with their lender to help avoid a potentially credit-destroying and emotionally-damaging foreclosure. As a CDPE, Sean understands the full range of options available, and is ready to help. While experiencing financial distress is difficult for any family, the process of finding a well informed, experienced real estate professional shouldn't be. Selecting a CDPE agent like Sean Carroll ensures that homeowners are dealing with a professional ready to address their needs, and help them find the best possible solution for their own situation.
For more information, please visit www.HomeOwnerHelpSite.com
Tonight, I will be attending another fabulous networking night presented by the Scotch Plains Business and Professionals Association.
The event is sponsored and hosted by CJS (Credit Joint Solutions) and it will be focusing on identity theft, and how to protect yourself from many of the fraudulent acts attacking consumers' credit.
I look forward to posting more about this event in tomorrow's blog. Thanks for reading, and happy networking!
Sean Carroll
All of us have read the papers, seen the news reports, and lets face it, experienced a lot of the fear and uncertainty that a down economy can bring. I have heard from many of you who are scared about losing your job, scared about being able to save for your kids college, or even just make the house payment.
How is all of this fear affecting our local real estate market? Well, in many different ways. We are helping many families avoid foreclosure by negotiating short sales with their lenders. We are helping more first time buyers than ever get a home at a great price, and we are finding some great properties for investors. The bottom line though is that it is changing the way people view real estate, and real estate agents.
I have received numerous calls from clients this week asking about market conditions, mortgage programs, renovations. The biggest theme from those conversations has been that my clients are looking for good, solid advice and viewing me more as a consultant than as a traditional salesperson. This makes me feel good. No longer are buyers viewing houses as they would view a stock purchase and asking how much the place will be worth in 6 months in case they need to sell it because they can't afford it (yes this happened before), no longer are sellers trying to "double up" on their investment when they don't really need to move, and very seldom are people "flipping" successfully unless they have a smart business plan.
The agents who have not adjusted to this new market climate, and focused on building business for the long term are starting to disappear. I am finding that the only agents doing business right now are the true professionals, and for that, I applaud my colleagues. The customer is demanding that their Realtor have the knowledge, experience, and right attitude during this market. They need us more than ever, and those of us who listen to the customer, and get them the help they need will prosper in this, or any market.
Sean Carroll
908-376-1569
Here are the raw numbers for Scotch Plains, NJ Real Estate for the Month Ending October 31, 2008.
Average Sales Price: $506,551
Average Days on Market: 75
Average List to Sale Price Ratio: 94.8%
Closed Transactions: 12
The sales activity declined sharply from prior months, as the financial news in September caused buyer activity to also decline sharply due to uncertainty, and a further tightening of the credit market. There were still a good number of closings for the fall, but I anticipate this 4th quarter total to be much less than a year ago. Check back for year over year comparisons, as well as quarterly comparisons, so we can see where we are in the market trends.
Buyers: Opportunities to buy into this great town of Scotch Plainsare many. But you have to act quickly on the well priced homes, as motivated sellers are already building in the market correction to their list prices!!! Although prices may still trend downward for the near future, if you find the home you love, this is a GREAT time to buy it at a discounted price. By buying now, and staying in the home for the long term, you will still likely see good appreciation as we look beyond the 4-5 year horizon.
Sellers: Get good, honest pricing advice from your Realtor, and let us guide you to position your home properly in the marketplace to ensure that our marketing does what it's designed to do. You CAN still sell for a fair price..Just not the 2005 price!! Prices are still trending downward, so get ahead of the market.
Here are the raw numbers for Westfield, NJ Real Estate for the Month Ending October 31, 2008.
Average Sales Price: $659,488
Average Days on Market: 48
Average List to Sale Price Ratio: 97%
Closed Transactions: 21
The sales activity declined sharply from prior months, as the financial news in September caused buyer activity to also decline sharply due to uncertainty, and a further tightening of the credit market. There were still a good number of closings for the fall, but I anticipate this 4th quarter total to be much less than a year ago. Check back for year over year comparisons, as well as quarterly comparisons, so we can see where we are in the market trends.
Buyers: Opportunities to buy into this great town of Westfield are many. But you have to act quickly on the well priced homes, as motivated sellers are already building in the market correction to their list prices!!! Although prices may still trend downward for the near future, if you find the home you love, this is a GREAT time to buy it at a discounted price. By buying now, and staying in the home for the long term, you will still likely see good appreciation as we look beyond the 4-5 year horizon.
Sellers: Get good, honest pricing advice from your Realtor, and let us guide you to position your home properly in the marketplace to ensure that our marketing does what it's designed to do. You CAN still sell for a fair price..Just not the 2005 price!! Prices are still trending downward, so get ahead of the market.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved