Need a NJ Seller’s Agent now? Start Here 👇
Preparation, Research, and Pricing
[Curbio.com: Fix Now, Pay When You Sell](https://tgre.notion.site/Curbio-com-Fix-Now-Pay-When-You-Sell-71a08512fa894144b103dd4fd4b2b180)
NJ Home Selling Preparation Guide
Receiving and Evaluating Offers
The Truth of “We Buy Houses for Cash” Offers
Seller's Approximate Closing Cost: ~6-6.5% (including Real Estate Commissions)
The Top 21 Fears NJ Home Sellers Have
EasyKnock Programs for NJ Sellers
Investor’s/Landlord’s Selling Guide
Sell by Owner (No Realtor/FSBO) Guide
Trusts and Capital Gains Tax Strategies
[Forms And Documents To Submit](https://tgre.notion.site/Forms-And-Documents-To-Submit-51119075b218489c838869d11952aa87)
Free Home Seller Financial Planning Consultation
Sample NJ Standard Real Estate Sales Contract (2023)
[National Financial Network: NatFin.net ](https://tgre.notion.site/National-Financial-Network-NatFin-net-d0aa572781614dd8b197ad6653af0d87)
Complimentary Lifetime Vendor Referrals is our exclusive client-centric service that offers continuous support and personalized vendor recommendations to anyone who reaches out. Whether you're a homeowner, a renter, or simply someone in need of expert advice, our carefully curated network of vendors is at your disposal, absolutely free of charge.
Lifetime Partnership: We're here for you, not just for a transaction but for life. This service symbolizes our enduring commitment to your success.
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🗓️Home Selling Timeline: Usually 1-4 months
Preparation & Repairs: Usually 1-2 months
Showings & Open Houses: Usually less than 1 month
Offer Negotiation: Usually 1-5 days
Attorney Review Period (usually 3-4 business days total): The day after both buyer & seller receive the fully-executed contract, if your attorney or the buyer’s attorney doesn’t send an email to the other party’s attorney within 3 business days, the contract becomes officially binding. Once initiated, attorneys usually take 2-3 business days to finish reviewing the contract, which then becomes officially binding.
Earnest Money Deposit (not to be confused with down payment): due within about ~5 business days after the end of the Attorney Review Period.
Usually 2.5-5% ($20,000 is very popular)
Property Inspection (~2-3 weeks)
Buyers have 10 calendar days after Attorney Review to conduct property inspections, with reports and repair requests due to the seller’s agent within 14 calendar days of the Attorney Review's completion. If issues are reported, sellers have 7 business days to agree to correct them. Following the seller's 7-day response period, the buyer has 7 business days to accept the condition or void the contract if key issues are unresolved.
Failure to complete inspections within 10 days, or to submit reports within 14 days, waives the inspection contingency, accepting the property 'as is'.
Mortgage Commitment: Must be delivered to the seller's agent no later than 30 days after the end of the Attorney Review Period.
**Final Walkthrough (**usually 1-day before or often an hour before closing)
Closing
📊For Sale By Owner (FSBO) Statistic 1: FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $225,000 last year, significantly lower than the median of agent assisted homes at $345,000 (34.8% less)
Source: 2022 Profile of Home Buyers and Sellers by The National Association of REALTORS®
2022-profile-of-home-buyers-and-sellers.pdf
Will I really save money with a discount real estate broker/flat fee listing service?
Whether or not you will save money with a discount brokerage depends on what you define as saving money. Because a top agent typically sells homes for more, the amount you pocket in profit on your home sale may be less with a discount brokerage than it would be with a full-commission agent. Other factors that play a role in savings include the value you put on your time and customer experience. “At the end of the day, there’s a balance. You have to ask: Do I want a Realtor (or Flat Fee Agency) that’s willing to work for that rock-bottom compensation?” Bottomline: You pay for what you get.
Welcome to Tang Group Real Estate! We're a Central New Jersey-based real estate brokerage and property management company, founded by a dynamic mother-son team. With over 25 years of combined experience, we're dedicated to providing comprehensive real estate services across NJ. Whether you're buying, selling, investing, or managing, we've got you covered.
Hongyu “Holly” Tang
Broker of Record, REALTOR®
Cell: 908-874-5798
Steven Hou
Broker Associate, REALTOR®
Cell/Whatsapp: 908-644-6036