5 Things To Consider When Selling Real Estate in NJ

Houses in Newark, NJ, where Templar Real Estate Enterprises is based.

Selling real estate in NJ may seem like a completely insurmountable task. There are so many legal hoops and processes to go through before the finish line. On top of that, there are a plethora of companies that buy houses in New Jersey to choose from. More often than not, this stressful experience is also exacerbated by a time constraint. 

Selling your house fast is completely doable, though, with the right guide and the right people. In this article, we will provide you with all you need to know about selling real estate in NJ, including a look at the NJ real estate market, a rundown of the best companies that buy houses in New Jersey, and how to take your next steps. 

Getting Started

1. Why You Are Selling

Before getting into the logistics of selling your house, you will need to take a moment to lay out why this process is happening. This answer is different for each person, and all are completely valid––whether you need a fresh experience or are being pushed out of the house by the bank. 

No matter what the reason, though, there are multiple steps and things to consider when selling your house in NJ. By finding your “why,” these steps become a lot easier. 

2. When To Sell

After pinpointing your “why,” you need to scope out your “when.” The right time to sell is different for everyone. For some, it depends on the market, for others, it depends on necessity. 

If you are fortunate enough to be able to sell when the New Jersey real estate market is on the up, you’re probably looking for July. The median sale price for New Jersey homes in July is $337,000, which is $22,000 above the annual average. 

Of course, this is just a wide look at a much larger, more complicated picture. In fact, the best time to sell real estate in New Jersey even varies by city. Here is a quick overview of the 5 largest cities in NJ: 

CityBest Month To SellTypical Sale Price Premium
NewarkDecember$33,833
PatersonNovember$36,083
Jersey CityNovember$$56,750
Atlantic CityJuly$24,083
TrentonMarch$36,750

At the end of the day, there is nothing more important when selling your house than the people you work with. 

At Templar Real Estate Enterprises, we know that selling your house can be stressful––which is why we promise to walk alongside you every step of the way. Our real estate experts specialize in houses in pre-foreclosure, hoarder houses, and houses damaged by renters. 

3. What Paperwork Is Involved

Decorative

After you decide when to sell your home, you will want to start getting things in order. If you are working with a good real estate company (see point 5), they will know exactly what paperwork will help sell you house fast and how to market this information to potential buyers. 

In order to prepare for this process, here are a few things to start looking for: 

  • Outstanding Mortgage Balance and Payoff Balance
  • Dates of Home Improvement Projects
  • Any Instruction Manuals For Things Such As Water Heater or Other Appliances 
  • HOA Forms and Guidelines
  • Home Inspection Results 

4. How Your House Looks

While you are gathering this information, you will need to start looking at your house from a buyer’s perspective. How is a real estate agent going to market your home? Is there anything holding you back, such as stinky smells or other house horrors

Even a few simple renovations, such as removing personal elements or doing a quick kitchen clean up can go a long way. 

6 Ways To Make Your House Appealing To Buyers In NJ

Don’t forget the outside when sprucing up your house! Curb appeal is one of the most important elements when it comes to selling your house fast. Mow that lawn, paint that fence, and take some gorgeous pictures to draw potential buyers in. 

If you house is beyond these types of renovations, or if you are hoping to get your house sold quicker than a bucket of paint will dry, there is no need to worry! There are certain companies that buy houses in NJ, such as Templar Real Estate Enterprises, that will take care of that mess for you!

5.  Who You Work With 

To sum it up, if you don’t want it, we do.  And we work fast! You can close on your house in as little as 14 days!
So reach out to Templar Real Estate Enterprises! We will make you an honest cash offer regardless of the condition of your property. Visit our website for your offer today or call us at 937-240-8593.

So reach out to Templar Real Estate Enterprises! We will make you an honest cash offer regardless of the condition of your property. Visit our website for your offer today or call us at 937-240-8593.

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