Tag Archives: new Jersey

Selling your home? Should you accept the offer or not? – 15

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If you are selling your home, this podcast will help you to evaluate whether to accept a buyer offer or not. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

 

 

 

8 Steps to begin the Home Downsizing Process – 13

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This podcast will share 8 useful tips and steps that you can use to begin the home downsizing and clean out process and how Personal Property Managers can help you. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

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Understanding the Cost of Elder and Senior Care – 12

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This podcast will share facts and insights into the cost of elder and senior care looking into Assisted Living, Nursing Home and In-Home Care Services and how Personal Property Managers can help fund a loved ones long term care. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

 

Tips for getting your house market ready to sell – 11

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This podcast will share insights and tips into how to prepare to get your house market ready to put it on the market, so that you can get the best possible selling price and sell it in the shortest amount of time. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

 

Selling your home – Should you use a Realtor? – 10

PPM smaller version Podcast - picture - final version 2-13-19

This podcast will share insights and tips into selling your home and the advantages and or disadvantages into using a professional Realtor and Broker.  We will share examples so that you can draw your own conclusion as to which is the best path for you to take. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

 

How to sell your home to millennial and Gen X buyers – 6

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92% of all homes purchased in 2019 will be made by millennials and Gen X buyers.  As a home seller, do you understand this trend and how to successfully appeal to them? This podcast will help you understand this new dynamic; why it’s important and how to be successful as home seller or realtor in this market.  For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

Home Content Liquidation – Who wants my stuff? – 4

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Are you moving, downsizing or settling an estate and want to sell or liquidate the contents of your home? This podcast provides insight into estate sale market for selling pre-owned and used items such as furniture and other personal items, and shares current trends for these items as to what is desirable or not for today’s buyers. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Personal Property Managers specializes in: Home Downsizing, Home Cleanout Services, Estate Sales, Home Content Liquidation, Property Management, Absentee Home Watch, Moving, Full Service Discount Real Estate Services, Home Sales, Home Buyer Services, and Elder Care Services. With Personal Property Managers, one call does it all.

Profiles of Today’s Homebuyers and Homesellers – 2018

Property Manager PA NJToday’s Homebuyer and Home Purchaser Profiles for 2018

Are you thinking about selling your home in 2018? If so, the market has shifted dramatically over the past several years. It is totally different than it was years ago. Today’s buyers are not apt to want to spend a lot to time and money to fix up and or rehab a house as they were in the past. Why? Because today’s home buyers are more in debt and are more time challenged than years ago. They are looking at things from a return on their investment of time and money. Today’s buyers are looking for homes that are in move-in condition. For today’s sellers this is important to understand. If a sellers home is not updated and in move in condition, then it needs to be priced commensurate with the upgrades that will be needed from a buyer perspective. In other words, the listed home selling price must be discounted to reflect the amount of time and money a home buyer will need to put into the house and also factor in that today’s buyers simply do not want to do the work that may be needed. Properly pricing a home to meet today’s buyer needs are desires is one of the most important considerations that a home seller should consider.

With this said, with the help of our friends at the National Association of Realtors, we’d like to share with you important profiles of today’s buyers. We are sharing this information with you with a keen eye on looking at things from various generational buyers perspective.

This is part of an on-going series of real estate articles by Nick Santoro and Joe Santoro of Personal Property Managers who service Pennsylvania and New Jersey and specialize in real estate, home content downsizing, senior transition services, property management and estate sales.

Home Buyer Profiles for 2018:

• The millennial generation is defined as those who are 36 years old and younger.
Generation X is 37 to 51
Younger Boomers are 52 to 61.
Older Boomers are 62 to 70
• the Silent Generation are aged 71 to 91.

Buyers 36 years old and younger made up the largest generation of homebuyers in 2016 at 34%.

Millennial buyers (age 36 years and younger) represent 66% or 2/3 of today’s buyers and were first-time buyers. Over one quarter or 28% of today’s buyers were Gen X buyers (age 37 to 51). So, 92% of today’s buyers were Millennials or Gen X’ers….

In 2016, the majority of recent homebuyers were married couples, and buyers 37 to 51 had the highest median household income at $106,600

Buyers 37 to 51 (Gen Xers), consists of 28% of recent homebuyers. They are consistent with their buying trends and demographics. Notably, they are also the most racially and ethnically diverse population of homebuyers, with 21% identifying they are a race other than White/Caucasian. Buyers 37 to 51 are in their peak earning years and thus their incomes are the highest among all generations of buyer types at $106,600. They are both the generation most likely to be married and most likely to have children under the age of 18 in their home. Their housing preferences are driven by these demographics. Buyers 37 to 51 have the highest median priced homes of all other buyers and buy the largest homes in median square footage and bedrooms. Their neighborhood choices are driven by their convenience to job, but also the quality and convenience of school districts.

Buyers 52 to 61 (Younger Baby Boomers) and buyers 62 to 70 (Older Baby Boomers) were broken into two separate categories as they have differing demographics and buying behaviors. Buyers 52 to 61 consist of 16% of recent buyers and buyers 62 to 70 consist of 14% of recent buyers. Buyers 52 to 61 have higher median household incomes and are more likely to have children under the age of 18 in their home. Buyers 52 to 61 are also more likely to buy a multi-generational home. As the sandwich generation, they are nearly equally likely to buy this type of home for both children over 18 living at home and caretaking for aging parents. Buyers 52 to 61 buy for an array of reasons such as a job-relocation, desire for a smaller home, and the desire to be closer to friends and family. Buyers 52 to 61 also project the length of time they will live in their home is the longest at 20 years. Buyers 62 to 70 are often moving due to retirement, desire to be closer to friends and family, and desire for a smaller home. Buyers 62 to 70 typically move the longest distance at a median of 25 miles and are least likely to make compromises on their home purchase.

Characteristics of Homes Purchased

Buyers of new homes made up 14% and buyers of previously owned homes made up 86%. For buyers 36 years and younger, 11% bought new homes again this year. New home purchased increased with age, 15% for buyers 37 to 51 years and 21% for those 71 to 91 years.

Most recent buyers who purchased new homes were looking to avoid renovations and problems with plumbing or electricity at 34%. Buyers who purchased previously owned homes were most often considering a better price at 32%. For buyers 36 years and younger, 48% bought new homes to avoid renovations and problems compared to 18% of buyers 71 years and older. 35% of buyers 62 to 70 years bought previously owned homes to receive a better overall value.

The most common type of home purchased continues to be the detached single-family home, which made up 83% of all homes purchased compared to 87% of buyers 37 to 51 years and only 65% for buyers 71 years and older.

Senior-related housing increased slightly this year to 14% of buyers over the age of 50; that number was 7% for buyers 52 to 61 years and 24% for buyers 71 years and older.

The typical home that was recently purchased was 1,900 square feet, had three bedrooms and two bathrooms, and was built in 1991. The size of homes purchased by buyers aged 37 to 51 years old was typically larger homes at 2,100 square feet, compared to buyers 36 years and younger, and for buyers aged 71 years and older, they purchased homes at a median of 1,800 square feet. For buyers 36 years and younger, the median home that was purchased was built in 1984; for ages 62 to 70, the median home that was purchased was built in 1998. For homebuyers over 71, the median home that was purchased was built in 1999.

Heating and cooling costs were the most important environmental features for recent home buyers, with 84% finding these features at least somewhat important.

For buyers 36 years and younger, commuting costs were more important that heating and cooling costs at 39% and 31% respectively. Compared to buyers 62 years through 70, commuting costs was listed as very important to only 12% whereas heating a cooling accounted for 34%.

Overall, buyers expect to live in their homes for a median of 12 years, while 18% say that they are never moving. For buyers 36 years and younger, the expected length of time is only 10 years compare to 20 years for buyers 52 to 61 years.

At Personal Property Managers, we use all this information and all these statistics to help our seller clients understand today’s market and whom they are marketing to, along with the taste that today’s buyers desire.

A cluttered home will have a negative appeal and will turn off today’s buyers.

A home that has not been updated or has dark colors, wallpaper, older kitchens and bathrooms will be a turn off to a whopping 92% of today’s buyers. This is very important to understand. Today’s sellers need to factor this into the selling price and adjust it accordingly.

The good news is that at Personal Property Managers, one call does it all. We can help with selling a home. Downsizing and de-cluttering it. Liquidating its contents and getting it market ready for sale. We have a strong following of interested buyers and can help our clients in many different home buying and selling avenues.

For more information on real estate or home downsizing please contact Nick Santoro or Joe Santoro of Personal Property Managers at 215-485-9272 or 908-368-1909. Personal Property Managers specializes in helping home owners transition from their home of many years into a new community. Personal Property Managers services Pennsylvania and New Jersey and offers downsizing services, estate sales services, home staging, discount full service real estate services via its association with EveryHome Realty. Learn more about Personal Property Managers from our recent News Stories.

Maximize Results with home decor tips for homebuyers and homesellers

Selling a house? Flipping a house? Home Decor tips to maximize results

 Property Manager PA NJSelling or Flipping a House? House decor tips to attract today’s buyers.

If you are a homeowner or a house flipper thinking of renovating your home with the aim of selling down the line, there we have some hands on tips that are an absolute must have for today’s buyers that you should pay attention to.

This is part of an on-going series of real estate articles by Nick Santoro and Joe Santoro of Personal Property Managers who service Pennsylvania and New Jersey and specialize in real estate, home content downsizing, senior transition services, property management and estate sales.

Top tips for today sellers to factor in to appeal to todays buyers:

Keep it simple

If you are going to renovate the kitchen and bathrooms, white and light grays are always a safe bet, says Joe and Nick Santoro of Personal Property Managers.
For the kitchen, think simple; like white Shaker-style cabinets. “Nobody wants ornate moldings” on the cabinets, Nick Santoro says. Brushed-nickel knobs, light-colored quartz countertops and stainless steel appliances work well for most people, he says. In the bathroom, you can’t go wrong with white subway tile.

You’ll want to appeal to today’s buyers, who for the most part are what is described as ‘minimalists;’ clean, simple, not cluttered and not busy, Santoro says.

Remove wallpaper

We have found that if a house has wallpaper, it must go; it must be removed. It is dated and too busy for today’s buyers.

“When people walk into a home with wallpaper, all they see is dollar bills,” says Joe Santoro. They begin to think immediately about…“How much will it cost to take it off?”
We advise that sellers paint walls neutral colors to make rooms look larger and feel more contemporary.

Our most recent house flip achieved rapid success by painting the whole house in light grays and whites and staging it with furniture. There were multiple offers during the first week and it was on the market for less than two weeks.

“It made a world of difference,” Santoro says. “The buyers of today, the millennials (age 36 and younger) simply have no time” to plan and undertake renovations.

Remove carpeting

Buyers see carpeting in much the same way they see wallpaper: as something they will have to remove. The longer it stays on, the more damage it can do to your floors, the Santoro’s warns. “When wall-to-wall carpet is removed in heavily trafficked carpeted areas we see the backing of the carpet and the foam padding sticking to the wood floors,” Nick says. After removing carpeting, refinish the floors and stain with a low-gloss finish.“It will bring a renewed life to your home,” Joe says.

Small Touches help

If kitchen and bathroom renovations aren’t in the budget, pay attention to the small details, such as the condition of your front door, the doorbell, curb appeal and the mailbox, the Santoro’s say.

Explore new light fixtures and floor-to-ceiling drapery. “LED lighting is an inexpensive way to brighten up and cheer up any space,” Joe says. If a home has built-in furniture from the 1980s, Nick Santoro suggests taking it out and getting inexpensive modern pieces.

The Santoro’s say regular upkeep goes a long way. “If you invest in it and keep it on trend, your investment will pay off,” Nick says. Or don’t renovate — and price accordingly.

Joe Santoro cautions that if a home needs work and the owners need to sell quickly, he will tell the client to set the asking price to reflect the home’s condition.
“A lot of times we just tell them to not do anything,” Joe says. “It’s easier to take the numbers off of the price.”

Personal Property Managers, can take care of all your home selling needs along with downsizing, content liquidation and renovation work. With Personal Property Managers, one call does it all.

For more information on real estate or home downsizing please contact Nick Santoro or Joe Santoro of Personal Property Managers at 215-485-9272 or 908-368-1909. Personal Property Managers specializes in helping home owners transition from their home of many years into a new community. Personal Property Managers services Pennsylvania and New Jersey and offers downsizing services, estate sales services, home staging, discount full service real estate services via its association with EveryHome Realty. Learn more about Personal Property Managers from our recent News Stories.

Top 7 tips – help make your home ready to sell

Top 7 tips – Help Make Your Home Ready to Sell

Property Manager PA NJIf you’re thinking of selling your home over the next few months, then you will need to make sure it’s ready. Although you can put it up for sale at any time, it certainly pays – literally – to take some time and do some work in it before you commit to putting it on the market. A few hours and for a few dollars spent here and there, will give you a healthy return on your investment when it comes to selling.

This is part of an on-going series of real estate articles by Nick Santoro and Joe Santoro of Personal Property Managers ( www.personalpropertymanagers.com ) who service Pennsylvania and New Jersey and specialize in real estate, home content downsizing, senior transition services, property management and estate sales.

Joe Santoro, co-founder of Personal Property Managers lists 7 quick tips for getting your home ready to sell:

1. Clean Your Windows
Your house could be the cleanest, most lovely, most perfect house in the world, and it could be a real bargain too, but if your windows are dirty (inside or outside) then prospective buyers could be put off before they even step through the door. It takes a lot to change someone’s first impression of a property, which is why you want to make sure it’s a good one for as many people as possible. Consider having your windows professionally cleaned or you can simply take a few hours to do it yourself. Make sure you don’t just focus on the glass, but that you clean the sills and facias too. Not only will washed windows look much nicer, but the effect inside your home is better too, as more natural light can be let in, showing off the rooms as they are meant to be.

2. Make the Outside Welcoming
There may be many elements to the outside of your home that you don’t really notice anymore because you’re so used to them. It’s time to step back, and go across the street if you can to appraise what you can see. If you need to invest in new outdoor lighting, a welcome mat, some flowers, or even a new front door itself (or just paint and maintain the current one) then do it. Making the outside of your house attractive will ensure that more people take a second glance at the realtor’s brochures, or on the webpage your house appears on.

3. Paint It Up
If you’ve lived in a house for a while, there will be signs of life’s wear and tear. There might be scuff marks on the walls, or greasy fingerprints. There could be marks where pictures were hanging, and the sun has bleached around the frames. A freshly painted home (not costing a lot of money) can restore your home’s beauty. Fix everything up for you so that it looks well-kept. This can help you score you points with today’s buyers, and add thousands to the selling price of your property. It’s a job that needs doing, and if you do it rather than the new owners, they will pay for that thoughtfulness.

4. Lighting
When you’re showing prospective buyers around your home, lighting can be key. Change your bright white bulbs for something that is much softer and inviting. A more flattering wattage that gives your home a cozy feel and welcomes people into each room will go a long way to helping people make a decision.

5. Stage the Rooms
If you have rooms that aren’t really used for what they were originally designed (a spare bedroom currently being used as a junk room, a dining room being used as a study and so on), when you put your house on the market, turn those rooms back into what they are supposed to be. It’s easier for prospective buyers to see themselves in a property if you dress it right. It may inconvenience you for a short while as you try to sell, but if you make the house look great, that sale shouldn’t be too long in coming. Dress that spare bedroom as a bedroom – you can simply use a cheap bed frame (or borrow from a friend) with an inflatable mattress on, but be sure to dress it with complementing bed linens. Make your home have a dining room by tidying up your paperwork and renting a dining set – or, again, borrowing a table and chairs from someone. It will be worth the effort.

6. Use Smells
We’ve all heard of the idea that baking bread or cookies, or brewing up a pot of coffee before someone comes to view the property as a sure way to promote how homely and cozy the place is. The thing is, it’s not a myth. The sense of smell is the sense that is most closely related to memory and feelings. If you can evoke the feeling of comfort, a memory of childhood or happy times, then the potential buyer will automatically feel right at home, which is exactly the kind of thing that will lead them to buy it. If you’re not a baker, don’t worry; using scented candles can do the same trick.

7. Make the House Appear Bigger
You obviously can’t make your house bigger physically, but you can make it feel that way. You can, for example, lay down a striped rug, which will give the impression of a longer room. You can hang floor to ceiling drapes, which will give the illusion of a room with high ceilings. You can clear away clutter to show more floor space. In the yard, make sure there are no huge toys such as trampolines which take up a lot of space. These can be stored somewhere for the duration of the sale, or just until you have secured an offer. Above all…de-clutter your home. Clean out closets, basements, garages. We know this can be a challenge, especially if you have lived in your home for many years, but this is important, and we can help you with any of your downsizing needs.

For more information on real estate or home downsizing please contact Nick Santoro or Joe Santoro of Personal Property Managers at 215-485-9272 or 908-368-1909. Personal Property Managers specializes in helping home owners transition from their home of many years into a new community. Personal Property Managers services Pennsylvania and New Jersey and offers downsizing services, estate sales services, home staging, discount full service real estate services via its association with EveryHome Realty. Learn more about Personal Property Managers from our recent News Stories.