"I am relocating to Princeton New Jersey, where should I live?" This article presents 5 key criteria to consider, since this question is one of the more frequently asked by my clients and in readers' e-mails. The question of where to live is also part of the bigger question of how to find the home, the community, the schools that would be right for your family and within your budget?

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8 Ideas for a Princeton NJ homes for sale search

If you are searching for your dream home in the Princeton area I have good news for   you. It is possible, provided you are armed with the knowledge of what is needed and what could be expected. In my days before real estate my husband and I were buyers relocating to the area for business and moving locally from West Windsor to Princeton. I know both as a buyer and a real estate agent what it is like to search for a Princeton house for sale. When I refer to the Princeton NJ area, I include the surrounding towns of Montgomery, West Windsor, Hopewell, Lawrenceville, Pennington and others. 

1.  The art and science of making an offer.

Making an offer is challenging because its the first critical step to purchasing your dream home. This step sets the tone for the subsequent negotiations and the ultimate outcome for you financially.

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Princeton Houses sell if 5 major mistakes are avoided

Houses sell, if priced correctly, even in a weaker Princeton NJ real estate market. This  article will help you avoid the deadliest mistake many home sellers make. The only way to succeed when selling is do start with with the Correct Price. For home sellers who bought their homes in the last two-four years this may be a hard pill to swallow, as this price may not be what you were hoping for.

1. What the correct price is NOT:

    * Its not what you paid for the house
    * Its not what your neighbor sold for 3 months ago
    * Its not what you owe to the bank
    * Its not what you need to make to buy another house
    * Its not what you think is good as a starting price

So, what is the magic of getting to a correct price for Princeton NJ area homes for sale?

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Princeton Mercer County NJ Real Estate - Secrets to Home Selling In A Bad Market

New Jersey real estate is being sold right now in the Mercer and Somerset counties in the Greater Princeton NJ area. Learn the insiders secrets of how to sell your home in this market. What should we do to sell the home now? What are the tips for successful home sale? What are the mistakes to avoid when home buying and selling? Why is my house not selling? Is now the right time to buy or sell our home? If you are a New Jersey real estate seller, these questions are on your mind. If you are thinking of selling in the greater Princeton area, or tried and couldnt sell your home, this article should provide helpful information.

For the people who owned their home for over five years the situation is not as difficult as for those who bought their home in the last two to three years. The answers you will learn in this article applies to home sellers in other towns of Mercer and Somerset counties: Hopewell, Montgomery Township, West Windsor, Lawrenceville and others.

I. Keys to selling the house in the Princeton NJ real estate market

Selling a home is not easy. You could expect to do a lot of work: make the beds, put away dirty laundry, collect kids toys, clear the kitchen mess from last nights dinner, and all of this before you rushed out to work. You need to do it you would be told, because a buyer might walk in any moment. On the weekends -you may have to leave for the day, while the Open House is held. You have a mad cleaning rush, leave the house (some with kids in tow) on a minutes notice, because the buyer may want to see your house in half an hour. You may get a call the buyers couldnt make it after all. There could be times when no one calls, they just dont not show up.

To go through all of this and to get low ball offers or not to sell the house is stressful. But it does not have to be this way.
Lets take a look at the critical issues that you need to nail to sell the house.

1. The first 30 days are key

There is statistical evidence that the best chance of selling the house and for the best price is in the first 30 days. I would be happy to provide the details of this phenomenon. After the 30 days you would battling not only buyers fatigue, but the price decline as well.

2. Pricing right from the start

Houses sell, if priced correctly, even in a weaker Princeton NJ real estate market. The only way to succeed early on is with the Correct Price. Let me tell you what the correct price is NOT:

    * Its not what you paid for the house
    * Its not what your neighbor sold for 3 months ago
    * Its not what you owe to the bank
    * Its not what you need to make to buy another house
    * Its not what you think is good as a 'starting price


So, what is this magical correct price, you may ask. The answer is: something that the buyer is willing to pay you TODAY. Most likely its the number that is a bit less than what is offered by your competition. Real estate pricing is both art and science. The only way to arrive at the correct price is by being an expert in local real estate. Even for the experts pricing is not easy and many get it wrong. You may ask why? One reason is that what the buyer is willing to pay today is a moving target and the price today may not be the same price tomorrow.

If you want to sell your Princeton NJ real estate - price it at a Market Price.  If you dont want to sell at market price or dont need to sell, do not put it on the market now, and save yourself a lot of work.


If you are thinking you can reduce the price later, read the next step.

3. Price-reductions are not a good idea

You may think that you could start at a higher price and reduce it later, hoping that the market will improve. Consider the following. When pricing, reducing the price down the line, would not allow you to catch-up. Buyers, who could have been interested, moved on to other properties. Its hard to sustain an emotional connection to the property, which is needed to generate offers, once the property was scratched off the list because of the price.

Reducing the price later in a declining market creates a bigger gap between the sellers and the buyers, to the disadvantage of the seller. In other words, its much harder to catch-up on the correct price, than to do the right price from the beginning.

The following are more secrets to selling the greater Princeton NJ area real estate like a pro.

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