3 Vital Questions to Ask Before Selling Your New Jersey Property

“How do I sell my house NJ?”

This is probably the first question that you’d ask yourself when you start thinking of selling your New Jersey property. However, the truth is, how is the last question you’d want to ask yourself. There are far more vital questions that you’ll want to consider first when you think of selling your New Jersey property.

This includes:
1. Can I Get More Out Of My Property?
More, meaning, more long-term income by way of investment.

You see, while you can get money out of your New Jersey property now, its value may only increase significantly in the future. More importantly, with a couple of smart investments, you could turn your property into a constant stream of income.

The right term for this kind of property is “investment grade”.

An investment-grade property usually grows in value every year (or, at the very least, every couple of years or so), and has the possibility of generating a better return on investment, such as in the case of renting it out or turning it into an apartment complex or something similar that generates income.

If your property is investment-grade, you might not want to sell it. Or, at least, not yet.

The high costs of investing in and getting out of the real estate industry make holding on to investment-grade properties in the long term the more economical choice.

2. Is it a Good Time to Sell?
With demand high and supply low, it’s a relatively good time to sell if you want to get some kind of return from your initial real estate investment that you made years ago. But, if it’s a property that you recently bought, you might want to hold on to it first until the market moves up.

This is especially true now that the pandemic has affected the real estate industry.

While there’s no exact science to figuring out when the best time to sell is — even industry experts find it difficult to time the market right — it’s still worth it crunching the numbers to see whether or not selling an investment property is worth it, especially if it’s for the purpose of making another investment.

3. Do You Really Need the Money?
Ask yourself, “Why do I need to sell my house NJ?”

If the answer is driven by fear or finances, then you might want to think twice. This is because fear leads to irrational decisions that aren’t always in our best interest.

Case in point, it’s not unusual for people to sell properties just because they think that it’s a good time to sell. But, the truth is, there’s never really a good time to sell a real estate property — real estate is one of the most stable markets, regardless of where you are in the world.

True, you might lose money if they don’t sell now, as predicted by other industry experts, but it is also possible that you might lose even more money by selling now if the property’s value increased own the line.

There’s also the truth that the real estate industry is not as affected by the current market conditions. This is why the best real estate investors get into it for the long-term. They don’t worry much about the slight shifts in the market that are currently happening. Instead, they hold on to their properties for as long as they can.

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Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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