2014 Mar 18th

A Typical Real Estate Sunday in Hoboken

It was a another typical weekend in the Hoboken real estate market.  It’s always amusing what I see from my perspective.  This is a small sampling:

Took a client to a property listed as a 1 bedroom plus den – is was actually a true 2 bedroom.  Makes me wonder if the listing agent bothered to check the listing or was even ever at the property.  Bathroom had one of those horrendous 1980′s Hollywood light fixtures  with 5 bulbs.  Three of the bulbs weren’t working and none matched.

Much more common – took another client to a property listed as a 2 bedroom.  The second “bedroom” would not fit a bed.  These half-rooms are found in older Hoboken buildings but competent agents mention in the remarks something like “small second br perfect for baby’s room or home office”.  Nothing like managing the buyer’s expectations.

Took clients to an open house.  Listing didn’t bother to mention that building had a common yard.  Hosting agent didn’t know which parking space came with unit.  Basic information you think a seller might want buyers to know.

Had the usual cluster f**k over keys.  One property had three keys that all look identical and are not labeled.  All three fit into the lock on the front door of the buildings.  None open it immediately.  It took about 15 minutes of guessing which key to jiggle and just how to jiggle it before one finally worked.  Really?  Is it that hard to label a set of keys?

Later incident – listing agent didn’t bother to make multiple sets, didn’t put a lockbox on the property, the receptionist gave them to agent A who gave them to agent B, who gave them to “someone but I don’t know who it was”, etc., etc.  These are the keys to a home.  You think the sellers are happy that they were handed off to any old stranger?

My favorite was the open house that was advertised from 1 to 3pm.  I showed up with my clients at about 1:10.  The host was outside futzing with taping a flyer to the door.  I said “Good morning. We are here for the open house!”.  We’d never met before so she had no idea that I was an also an agent.

Agent:  ”I’m not ready yet”

Me, after looking at my watch to confirm time:  ”It’s after 1pm, no?”

Agent:  ”Well, parking in this town is always a problem”.

Way to sell a property in Hoboken!  Did your sales coach teach you that technique?  Especially because this is a unit in a building which has deeded parking but this particular unit does not come with a spot.  But they do advertise rental parking in a municipal lot a block away, where she easily could have parked.  When she finally finished grumbling, she let us in but didn’t bother to turn on the lights.  It’s always nice to sell a space in the dark.  Oh, and Hoboken is a city, not a town.

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I also had at least two calls from agents trying to open the lockbox at my listings.  Yes, all the properties we list for sale have lockboxes.  If buyers can’t see it you can’t sell it.  Basic premise of real estate sales.  They couldn’t figure out how to turn the number tumbler and open the box.  We decided that as part of the (pathetically inadequate) real estate licensing exam, they ought to distribute the 3 basic types of lockboxes and if a wanna-be agent can’t open them, they don’t get their license.

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Posted by Lori Turoff | Currently 4 Comments »

2014 Mar 14th

The Hoboken & Downtown JC Open House Google Map for Saturday, March 15th & Sunday, March 16th, 2014

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 sort the list of open houses in ascending or descending order.

Click on the location marker for:

Posted by Nathan Turoff | Currently No Comments »

2014 Mar 12th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of March 12th, 2014

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As of March 12, 2014:

  • 177 active Hoboken listings
  • 161 Condo & Co-op listings, compared to 149 last week
  • 6 Single-family listings, compared to 4 last week
  • 10 Multi-family listings, compared to 6 last week

This Week’s Residential Property Sales & Activity:

  • 15DABOs (Deposit Accepted By Owner and Under Contract) vs. 22 last week
  • 16 Sold vs 18 last week
  • 45 New listings vs. 37 last week
  • 9 Price changes vs. 6 last week
  • 0 expired listings vs. 2 last week

Studio & 1-Bedroom Properties

94 Active listings

17 New listings

8 Price changes

7 DABOs

  • 128 Garden St., B listed Feb 25 for $375K; reduced Mar 9 to $100K;
  • 128 Garden St., 1 listed Feb 25 for $400K; reduced Mar 9 to $125K;
  • 328 Madison St., 3L listed Feb 27 for $279K;
  • 1027 Washington St., 1R listed Dec 6 for $329K;
  • 227 Park Ave., 2 listed Feb 27 for $419K;
  • 1200 Grand St., 425 listed Feb 28 for $455K;
  • 800 Jackson St., 613 listed Mar 5 for $469K;

4 Sold

  • 712 Willow Ave., 2D listed Jan 10 for $290K; sold for $285K;
  • 650 2nd St., 3G listed Jan 2 for $389K; sold for $374K;
  • 217 Bloomfield St., 102 listed Nov 7 for $439K; sold for $435K;
  • 1025 Maxwell Ln., 1115 listed Aug 7 for $575K; sold for $545K;

2-Bedroom Properties

47 Active listings

17 New listings

1 Price change

7 DABOs

  • 812 Bloomfield St., 4 listed Oct 23 for $579K; reduced Nov 19 to $549K;
  • 812 Bloomfield St., 3 listed Oct 23 for $579K; reduced Nov 19 to $549K;
  • 333 Garden St., 1 listed Mar 4 for $565K;
  • 72 Monroe St., 3 listed Feb 9 for $565K;
  • 1200 Grand St., 521 listed Feb 27 for $610K;
  • 1200 Grand St., 627 listed Mar 6 for $635K;
  • 501 Adams St., 1B listed Mar 5 for $639K;
9 Sold
  • 550 2nd St., 1F listed Feb 5 for $429K; sold for $396K;
  • 827 Washington St., 4A listed Jan 16 for $479K; sold for $485K;
  • 828 Washington St., 4 listed Nov 8 for $549K; reduced Dec 5 to $524K; sold for $530K;
  • 100 Garden St., 3A listed Oct 28 for $558K; sold for $545K;
  • 700 1st St., 8V listed Jan 23 for $554K; sold for $560K;
  • 700 1st St., 3W listed Dec 9 for $565K; sold for $560K;
  • 501 Adams St., 1D listed Jan 10 for $525K; sold for $565K;
  • 132 Monroe St., 3A listed Jan 8 for $589K; sold for $589K;
  • 1100 Adams St., 512 listed Dec 7 for $685K; sold for $685K;

3-Bedroom & Larger Properties

20 Active listings

11 New listings

0 Price changes

10 Multi-Family Active listings

6 Single-Family Active listings

1 DABO

  • 520 Park Ave., 4 listed Feb 20 for $725K;

3 sold

Posted by Nathan Turoff | Currently No Comments »

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