2012 Feb 24th

The Hoboken & Downtown JC Open House Google Map for Saturday, Feb 25th & Sunday, Feb 26th, 2012

The Original and Best Open House Google Map!

Courtesy of the Turoff Realty Team

No need to register! No form to fill out!

Just click on the map below to see every Open House in Hoboken this weekend

hoboken-open-house

Click HERE to see the Downtown Jersey City Open House Map

When you look at the maps, place markers are color coded:

  • Studios & 1BRs are red
  • 2BRs are green
  • 3BRs & Bigger are yellow
  • New listings are marked with a Push Pin icon (in the same color scheme.)

Click the “Address”, “Price” “Bed” or “Details” columns to put the open houses in ascending or descending order.

Click on the location marker for:

Who Represents Whom?

Did you know that the agent hosting an open house is the Seller’s agent? Whether it is the actual listing agent or any other agent from the same company, that person legally represents the sellers. Not only that, the hosting agent – by law – has a fiduciary duty to the seller to get that seller the highest possible price for that property. Do you think it might be a conflict of interest for that same person to then represent you? Many people think so. In fact, in many states (other than NJ) it is illegal for the same agent to represent the seller and also work with the buyer.

If You Thought Sunscreen & Condoms were the Only Protection You Need – You Are Wrong!

Interested in new construction – like Maxwell Place or Hudson Tea? Before you walk into the Toll Brothers Sales Office know what you are getting in to! Once you talk to the sales office – even casually – they WILL NOT compensate your agent if you go back with an agent. Of course, you should go back with an agent because:

1. The sales office works NOT for you but for the developer! They are Toll Brothers’ agent – not yours!

2. Despite what you may have heard or come to believe, Toll Brothers is NOT going to cut you a deal if you work with them without an agent.

Looking at resales? Did you know that when you go to an open house you can see the property at the open house on your own and then go back to it with your own agent? So if you see something you like at an open house you find your own agent who does not work for the seller. By the way, if the host says “oh, it’s not my listing, I’m not the seller’s agent” they are just flat-out wrong. The listing agreement a seller signs is between the seller and the brokerage company (Century 21, Coldwell, Remax, etc.). EVERY agent from that firm is the seller’s agent! So protect your interests. You’re making one of the biggest financial decisions of your life.

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Posted by Lori Turoff | Currently Comments Off

2012 Feb 22nd

The Weekly Wednesday Wrap-Up – Hoboken Condo Sales and Activity for the Week of February 22nd, 2012


IS YOUR PROPERTY TAX TOO HIGH?

I’ve received several inquiries recently from people flabbergasted by their property tax bill, wondering whether they can appeal the assessment on which their tax is based.  Very often, the answer is “Yes”.  If you think your property tax bill is too high, it may well be that the assessment used to determine your tax amount does not reflect the current market value of your property.  Municipalities are notoriously slow to respond to downward changes in the real estate market.  This is not surprising, as it is clearly in their interest not to.

If you are interested in an evaluation as to whether or not your property is a likely candidate for a successful appeal for a property tax reduction, just send an e-mail to us at turoffteam@gmail.com with your property address and we will do the research–free of charge–to determine whether an appeal seems worthwhile.

Now–let’s take a look at what happened in the Hoboken market over the past week:

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This Week’s Condo Sales & Activity versus last week’s:

217 active Hoboken condo units – vs. 209 last week

1 Bedroom & Studio Condos

10 New listings

5 Price Changes

94 Active

1 DABO

1 Sold

2 Bedroom Condos

14 New listings

9 Price changes

101 Active

5 DABOs

5 Sold

3 Bedroom & Bigger Condos

2 new listings

No Price Changes

22 Active

1 DABO
  • 1034 Clinton St., listed Feb 13 for $589K;
2 Sold
  • 701 Monroe St., 5A listed Nov 16 for $559K; sold for $548K;
  • 131 Jackson St., A listed Nov 16, 2009 for $699K; sold for $660K;
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Posted by Lori Turoff | Currently Comments Off

2012 Feb 17th

The Hoboken & Downtown JC Open House Google Map for Saturday, Feb 18th & Sunday, Feb 19th, 2012

The Original and Best Open House Google Map!

Courtesy of the Turoff Realty Team

No need to register! No silly form to fill out!

Just click on the map below to see every Open House in Hoboken this weekend

hoboken-open-house

Click HERE to see the Downtown Jersey City Open House Map

When you look at the maps, place markers are color coded:

  • Studios & 1BRs are red
  • 2BRs are green
  • 3BRs & Bigger are yellow
  • New listings are marked with a Push Pin icon (in the same color scheme.)

Click the “Address”, “Price” “Bed” or “Details” columns to put the open houses in ascending or descending order.

Click on the location marker for:

Who Represents Whom?

Did you know that the agent hosting an open house is the Seller’s agent? Whether it is the actual listing agent or any other agent from the same company, that person legally represents the sellers. Not only that, the hosting agent – by law – has a fiduciary duty to the seller to get that seller the highest possible price for that property. Do you think it might be a conflict of interest for that same person to then represent you? Many people think so. In fact, in many states (other than NJ) it is illegal for the same agent to represent the seller and also work with the buyer.

If You Thought Sunscreen & Condoms were the Only Protection You Need – You Are Wrong!

Interested in new construction – like Maxwell Place or Hudson Tea? Before you walk into the Toll Brothers Sales Office know what you are getting in to! Once you talk to the sales office – even casually – they WILL NOT compensate your agent if you go back with an agent. Of course, you should go back with an agent because:

1. The sales office works NOT for you but for the developer! They are Toll Brothers’ agent – not yours!

2. Despite what you may have heard or come to believe, Toll Brothers is NOT going to cut you a deal if you work with them without an agent.

Looking at resales? Did you know that when you go to an open house you can see the property at the open house on your own and then go back to it with your own agent? So if you see something you like at an open house you find your own agent who does not work for the seller. By the way, if the host says “oh, it’s not my listing, I’m not the seller’s agent” they are just flat-out wrong. The listing agreement a seller signs is between the seller and the brokerage company (Century 21, Coldwell, Remax, etc.). EVERY agent from that firm is the seller’s agent! So protect your interests. You’re making one of the biggest financial decisions of your life.

  • Share/Save/Bookmark

Posted by Lori Turoff | Currently Comments Off

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