This perfect NJ home got 42 over-asking-price offers in 3 days
You hear how the time to sell was a year ago. You hear how it's a transitioning market and swinging back to being fairer to buyers.
Then you hear this.
A nice home in Somerset got so much attention and interest so fast that it garnered 44 offers in three days and 42 of the 44 came in above asking price. The final sale price hasn't been disclosed because closing hasn’t happened yet, but the ask was $499,000.
Was this some spectacular mansion? No. It was a smart homeowner who pays attention. The home is a simple four bedroom two and a half bath colonial. Nothing that would move heaven and Earth. But their timing was right.
It was all about the inventory. Between January and March of 2023, new listings were lower by 21% compared to the year before. On top of timing, the sellers did the little things that many don't. They painted. They strategically rearranged furniture and hid their kid's toys. They weeded and mulched the yard. They gave the appearance the home needed nothing.
There's a lesson in this somewhere. Take a look inside a simple home but one that presented so well it received 42 offers over the asking price.
Simple, even modest looking home, right? But can you see a single, even tiny thing wrong with it it? Nope, you can't.
Sparkling floors, fresh paint.
Not a thing wrong or messy in this living room.
See how that table is set like an inviting restaurant? This is how you sell a home!
Simple but perfect kitchen.
Nice family room.
This bedroom is nice...
...but this bathroom is amazing!
Anyone would instantly see their child loving this room.
Warm office space.
Love this sink and vanity.
Even a finished basement. These sellers did everything right!
Look inside this magnificent Morristown mansion
Opinions expressed in the post above are those of New Jersey 101.5 talk show host Jeff Deminski only.
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