NCJAR News
When: Tuesday, February 18, 2025
Time: 12:00 PM - 2:30 PM EST
Where: The Grove at Randolph
Are you ready to elevate your real estate game in 2025? Join us for an exclusive Brunch & Learn event with National Speaker & Trainer Steve Black!
Steve will dive into cutting-edge strategies on Simple AI, Social Media techniques, and Personal Branding that are guaranteed to help you stand out and grow your business.
What you’ll take away:
- Proven AI tools to streamline your process
The NJR® Circle of Excellence Sales Award® is a prestigious recognition honoring members who have demonstrated outstanding excellence in salesmanship. Additionally, the NJAR® Distinguished Sales Club acknowledges members who have earned the NJR® Circle of Excellence Sales Award® for ten or more years.
We are proud to celebrate the hard work and dedication of our 2024 award recipients.
Click the links below for more information:
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Due to inclement weather, our Morristown office will be CLOSED today for the safety of our members and staff.
We apologize for any inconvenience and encourage you to utilize our online resources at www.NCJAR.com for any urgent needs. Stay safe and warm!
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One of the most important questions you can ask your real estate agent when selling your home is how to determine the right listing price. Setting an optimal asking price is a key factor in attracting buyers, maximizing your return, and ensuring a successful sale. Here’s what sellers need to know about home pricing.
How Is My Home’s Value Determined?
Your agent will evaluate several factors when determining a recommended listing price. These include:
- Size & Layout: Square footage, number of bedrooms and bathrooms, and overall floor plan.
- Location: Proximity to schools, shopping, public transportation, and other amenities.
- Condition & Upgrades: The age and upkeep of major systems (roof, HVAC, plumbing), recent renovations, and curb appeal.
- Market Conditions: Trends in buyer demand, interest rates, and comparable home sales in your neighborhood.
Understanding the Market’s Role in Pricing
Market conditions can significantly impact the price of your home. If interest rates are high, for example, fewer buyers may be in the market, potentially requiring a more competitive asking price. On the other hand, if inventory is low and demand is high, you may have more flexibility to price your home higher. Additionally, local developments and shifts in buyer preferences can influence how your home is perceived in the marketplace.
