Adventures of a Jersey Shore Realtor

The Best of Living Life on the Jersey Shore because there is only so much Beach!

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Open Houses This Weekend
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4 Ways The Real Estate Market Changes After Labor Day
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For sale: Jaw-dropper in Margate for $3.195 million
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4 Real Estate Lessons From Old-School Board Games
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8110 Bayshore Drive: Totally Renovated Bayfront Paradise
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Open Houses This Weekend
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The Worst Home-Selling Advice People Actually Believe
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News That Will Reverse Flood Insurance.
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3801 Atlantic Brigantine Blvd. Brigantine NJ 08203 | MLS # 424584
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15 S 31 St., Longport NJ 08403 | MLS #419914

Open Houses This Weekend

Check out our Open Houses this weekend throughout Margate and Ventnor!

9409 WINCHESTER AVENUE, UNIT B, MARGATE, NJ

9409 Winchester copy

Saturday, Sept. 10  •  11 AM – 1 PM

4 BR / 3.5 BA  •  $635,000

Over 3,100 square feet of living space

6 S. LAFAYETTE AVENUE, VENTNOR, NJ

Ventnor Shore Home

Saturday, September 10  •  11 AM – 1 PM

4 BR / 2.5 BA  •  $585,000

Totally renovated, 1.5 blocks to beach & boards


6 S. FREDERICKSBURG AVENUE, MARGATE, NJ

Margate Shore Home with Porch

Saturday, Sept. 10  •  11 AM – 1 PM

3 BR / 1.5 BA  •  $550,000

1 block to beach


274 E GREAT CREEK ROAD, GALLOWAY TWP, NJ

Galloway Home with Pool Saturday, Sept. 10 • 11 AM – 1 PM

4 BR / 1 BA  •  $199,000

Enormous fenced yard with in ground pool


5117 WINCHESTER AVENUE, VENTNOR, NJ

Water Front Home in Ventnor

Sunday, Sept. 11  •  11 AM – 1 PM

3 BR / 2.5 BA  •  $585,000

Panoramic water views

 


38 N. FRONTENAC AVENUE, MARGATE, NJ

New Construction Home Jersey Shore

Saturday, Sept. 11  •  11 AM – 1 PM

5 BR / 4 BA  •  $865,000

New construction, 3.5 blocks to beach

 


8802 AMHERST AVENUE, MARGATE, NJ

Parkway Home Margate

Sunday, Sept. 11  •  11 AM – 1 PM

5 BR / 3 BA  •  $699,000

Totally renovated Parkway home

4 Ways The Real Estate Market Changes After Labor Day

Parkway Brick Home MargateThe summer home-buying frenzy wanes after Labor Day, but you can still take advantage of what the fall season offers.

The time between Labor Day and Thanksgiving, unofficially known as fall, is prime time for enjoying the great outdoors. And while there’s no substitute for spending time in natural green spaces, if you’re in the market for a house, fall weather presents an ideal backdrop for strolling through potential neighborhoods and checking out real estate for sale in Atlanta, GA, or Minneapolis, MN.

While some homeseekers might throw in the towel after Labor Day and wait until spring to begin a new search, others will find some definite advantages to starting their home pursuit in September. Find out how the market changes after Labor Day and what makes it a pivotal day for the real estate industry.

1. Fall real estate can be more of a buyer’s market

A buyer’s market means you, as a buyer, are in the driver’s seat. That’s good news if you’re home-hunting in the fall: There are typically fewer buyers after Labor Day. “This, of course, is dependent upon local market cycles,” says Michael Kelczewski, a Pennsylvania and Delaware agent. “But typically, families need to be settled into a home by the start of the school year.” And the date school starts can’t be moved. “This results in plenty of ‘fun’ conversations between spouses, as there’s no negotiating when they need to be in the house,” Connecticut agent Scott Elwell says.

But if you don’t have school-age kids, the school year doesn’t matter and you can take advantage of this. You might find that competition is down for homes after Labor Day, meaning you’re probably in a buyer’s market. And this is significant. “I find that I am able to negotiate better prices for buyers [during September and October] because we have less competition and the market is slower,” says Joan Brothers, an agent in New York, NY.

2. Vacation-home sellers see action

Summertime is prime vacation season. Even Congress breaks for the entire month of August. After you’ve had a particularly lovely time at your summer getaway spot, you might consider buying a place in the area and going back every year. “If you start looking for a vacation home in the fall, you can have it purchased and furnished by spring,” says Tammy Berry, director of sales and marketing for Heritage Harbor Ottawa resort in Illinois. By purchasing in the fall, you can see what the area has to offer in the off-season.

Winter is also a popular vacation time, particularly for skiers and people who love ice-skating and snow tubing. If you buy at a ski resort in the fall, you can enjoy the resort yourself or earn some serious dollars renting the place to winter-wonderland enthusiasts. “Resort communities, like in Colorado and the Rocky Mountains, offer robust winter rentals,” says Tricia Mccaffrey Hyon, a Colorado agent. “Purchasing in the fall allows a buyer to see immediate rental income from their property during peak holiday times.”

3. Home prices, like leaves, fall

Many people list their home for sale during what they think will be the best time to sell: summer. And it often is. “Summer is peak selling season,” Mccaffrey Hyon says. But not everyone is successful. “When a property hasn’t sold by Labor Day, sellers will reevaluate asking prices, creating greater room for negotiation.”

4. There’s no deadline for most fall home buyers

When you’ve picked a certain neighborhood because of the school district for your kids, it’s imperative that you are actually in your home before school begins. But if the first day of school is not your concern, you don’t really have a deadline. You might want to be in a home before the holidays, but the stakes aren’t as high if you aren’t. “Plenty of buyers have aspirations of moving in by certain holidays,” Elwell says. “But that can always be adjusted depending on the financial implications.” Let’s say you prefer to be in your new home by Thanksgiving, but you can get a better deal if you wait. You’ll probably adjust accordingly, Elwell says.

Have you bought a house during the fall real estate market? Tell us about your experience in the comments!

Re-posted From Trulia.com
http://www.trulia.com/blog/fall-real-estate-market-characteristics/
By Laura Agadoni| September 5, 2016

For sale: Jaw-dropper in Margate for $3.195 million

  • Professional Photography for Luxury Homes
  • Professional Photography Luxury Home

This enormous, waterfront manse in Margate brings a little international flair to South Jersey. There’s the Calcutta marble in the new kitchen and master suite, the Tuscan travertine tiling and the panoramic water views that look like something much more exotic than the bay.

The six-bedroom home was rehabbed last year by Remarkable Renovations, and it shows. The open-plan great room alone boasts 600 square feet of living space and adjoins the luxury kitchen. In addition to the marble, the room features high-end appliances and custom, built-in cabinetry. The listing helpfully explains that with this setup, “the lady of the house commands a full view of all activities while entertaining.”  Whether you’re in a heteronormative living situation or not, the kitchen is pretty impressive.

Around the corner on the first floor is an office, another TV room, and the master suite. The master continues the marble theme and also features a large, claw-foot soaking tub along with dual walk-in closets.

Upstairs is yet another entertaining space with cathedral ceilings and a wet bar as well as additional en-suite bedrooms.
Outside, the large in-ground pool is heated, includes its own spa, and overlooks a dock with room for up to five boats. And in case you’re already worried about rising sea levels, the place meets all FEMA guidelines.

The home is listed by Mark Arbeit at Long and Foster for $3,195,000.

Re-posted from Philly.com

By:Shannon Rooney, August 25, 2016

http://www.philly.com/philly/blogs/philadelphia-real-estate/For-sale-Jaw-dropper-in-Margate-for-3195-million.html

4 Real Estate Lessons From Old-School Board Games

dice-dominoes-and-game-pieces

The real estate game is all about taking risks and trying not to run into trouble.

Playing old board games with friends is a fun way to spend a Saturday night. The drinks are flowing, the snacks are as plentiful as the laughs, and the spirit of competition keeps everyone a little livelier than usual.

During one wildly successful board game night, we had an epiphany — some of the skills we use when playing could be applied to a search for a home for sale. Get out your egg timers and your velvet satchels full of wooden letter tiles, because we’re about to lay some gaming knowledge on you.

1. Have a strategy (and allies)

The real world isn’t always candy-themed. Unless you’re playing a game where you rely on the luck of the dice to move you along, you’re going to need a strategy. Are you coming in hot and trying to build an early lead? Or are you lying a little low, waiting to see how the game unfolds, and then striking at precisely the right moment? The exact same thing applies to house hunting.

Bold and aggressive? Buy low on a fixer-upper and make something amazing out of it. More conservative? Prepare for the long haul to find the right match that you’re willing to pay a premium on. Get your strategy straight with the help of an ally in the form of a real estate agent — a third party who’s not directly playing the game but is there when you need guidance. Check those boxes, and you’re on the way to winning this thing.Dice-Roll

2. Sometimes you need a little luck

Sometimes in the real estate world, you can do everything right but still find yourself on the house hunt six months later. The truth is, finding a home often requires luck. And there’s not much you can do to encourage the luck factor except hope to get lucky. In board games, it’s a dice roll or the spin of a plastic wheel. In house hunting, it might be that the offer ahead of yours falls through or you just happen to get your offer in five minutes before someone else. One of the tenets of Stoic philosophy is to try to control only what you can control, and it’s a perfect match for house hunting. Do your best but don’t stress about what’s out of your control. It won’t help you and it will only make you anxious.

3. Don’t make emotional decisions

We’ve all been there. You don’t have the cards, the dice have been coming up snake eyes, and your pink plastic dude is so many spaces behind. This is not the time to dwell on those feelings. Swallow the despair and double down on the comeback run that you have in you.

House hunting is no different. You’re going to lose a house that you put an offer on. Maybe several of them. And sometimes, you’ll lose a bidding war on a home you’d already started dreaming about moving into. Don’t get frustrated and settle for something you don’t want or a place with serious red flags. This is going to be one of the largest purchases you ever make in your life. Breathe deep and make these decisions with your head on straight and your eyes wide open.

monopoly-pieces-500x2734. Be in it to win it

In a board game, it’s easy to get caught up in the superdope-looking board or choosing between the silver top hat or the silver Scottie dog. Those are just distractions. You’re a coldhearted winner; you’re not here to make friends (although, ironically, you’re probably playing those old board games with your friends). You’re in this thing for one reason and one reason only: to crush the competition. Don’t forget that when house hunting either. It’s fun to look at places and check out the market, but don’t get caught up in seeing every Southwestern ranch-style home in the city when what you really need is your home.

Go forth and use these lessons like trump cards on your way to your dream house. Just don’t forget to consider a board game closet.

 

Article Re-posted from Trulia.com

8110 Bayshore Drive: Totally Renovated Bayfront Paradise

8110 Bayshore Drive, Margate9 BR, 8.5 BA
$3,500,000
272′ of Bay Frontage!

This spectacular and unique bay front compound is situated on an enormous 130′ x 170′ lot with 272′ of bay frontage!

Thanks to the enormity of the land, the home provides an expansive and open first floor living space that includes a magnificent multi-level great room complete with a full bar (perfect for entertaining), a full dining room, gourmet eat in kitchen with granite counters and center kitchen island as well as a huge three season screened-in porches. There are two master bedroom suites on the first floor, but the main master suite includes two separate baths and walk-in closets.

Totally gutted to the studs and fully renovated by the very well-respected Regina Builders, the home includes every possible upgrade and amenity you can think of for a home on the Bay, including spacious decks, nine bedrooms, eight full baths and one half bath, four zone heating and air conditioning, a custom heated in ground pool, dock, three boat slips (one floating), a two car attached garage, family room, home office, two laundry rooms, a solar hot water heater, multiple custom built-in cabinetry, incomparable views of the BAY and a magnificent entryway to the open sea. For a private showing or a complete list of features of this home, please contact Mark Arbeit.

View the Virtual Tour Below!

Open Houses This Weekend

Check out our Open Houses this weekend throughout Margate and Ventnor!

2 S. CLERMONT AVENUE, UNIT 8, MARGATE, NJ

Jersey Shore Townhome Condo

Saturday, July 30  •  11 AM – 1 PM

4 BR / 3.5 BA  •  $795,000

Professionally decorated end unit townhouse spanning 3 levels

38 N. FRONTENAC AVENUE, MARGATE, NJ

Margate New Construction

Saturday, July 30  •  11 AM – 1 PM

5 BR / 4 BA  •  $865,000

Beautiful new construction, 3 blocks to beach


6 S. LAFAYETTE AVENUE, VENTNOR, NJ

6 S. Lafayette Avenue, Ventnor Saturday, July 30  •  11 AM – 1 PM

4 BR / 2.5 BA  •  $635,000

Totally renovated, 1.5 blocks to beach & boards


2 N. RICHARDS AVENUE, VENTNOR, NJ

2 N. Richards Ave., VentnorSaturday, July 30 • 11 AM – 1 PM

& Sunday, July 31 • 11 AM – 1 PM

3 BR / 2 BA  •  $295,000


100 S. DUDLEY AVENUE, VENTNOR, NJ

Beach Block Ventnor NJ Sunday, July 31  •  11 AM – 1 PM

4 BR / 4.5 BA  •  $1,325,000

St. Leonard’s Tract beach block home

The Worst Home-Selling Advice People Actually Believe

You’ve made the monumental decision to sell your house. Congrats! Now brace yourself for the onslaught of “been there, done that, you must do this” advice. It pours forth from just about everyone who’s ever bought a house, sold a house, or binge-watched three straight seasons of “Love It or List It.”Let us give you our own little piece of advice: Don’t take everyone’s advice! While friends, family, and the occasional stranger love to wax poetic on how to best sell a home, their 2 cents could end up costing you a bundle.

To make sure you sell your home without a hitch, we’ve compiled these examples of the worst home-selling advice you might hear, and why they could ruin your chances. Beware!

2 S. Dudley Avenue, Ventnor

People are in the market for a new home 365 days a year.

‘Sell your home only in the spring or summer’

Why you might hear this: Spring is the time to get things done! Plus, long recesses in the school calendar and long holiday weekends, leading into summer vacation, mean these two seasons are prime time for buyers to look at homes.

Why it’s bad advice: Not everyone has kids and not everyone observes the Judeo-Christian holidays. So while spring and summer do inspire more activity, in the end people just want the right house.

“Once they find that, they will make the timing work,” says Kathy Braddock, managing director of William Raveis in New York City. The truth is, buyers are “looking 24/7/365 on their phones at home in their bunny slippers late at night.”

Read more about how the market changes after Labor Day here.

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‘The market’s slow, so you’re better off waiting until it heats up to sell’

Why you might hear this: You want to sell when the market’s hot, right? So if it’s not, you’re better off hunkering down and waiting it out.

Why it’s bad advice: Everything from natural disasters to rate hikes to election results can turn the market on its ear at any time and greatly affect your home price. “If you need to sell, there is no better time than the present,” says Evelina K. Vatkova, associate partner at Partners Trust in Beverly Hills, CA.

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‘Don’t stage or fix anything up—let buyers use their imagination’

38 N. Frontenac Kitchen

Professionally staged and photographed new construction at 38 N. Frontenac Avenue.

Why you might hear this: Hey you’re moving out! Do you really want to paint that stained wall you’ve neglected for three years for someone else to enjoy?

Why it’s bad advice: Let’s get back to reality here—few people can actually imagine anything beyond what’s in front of them. Those buyers with the ability to mentally fix up a joint “usually don’t want to be bothered, or don’t trust their instincts, so they move on,” says New York–based decorator and stager Marie Graham. She likens unprepared homes to bad first dates where the person shows up late and didn’t bother to comb their hair or use antiperspirant. “Buyers want to feel they are valued.”

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‘Camera phone photos are just fine for a listing’

Why you might hear this: You got 86 likes on that latest Instagram, right? You can definitely nail a killer picture of your bathroom.

Why it’s bad advice: “Everything rides on listing photos,” says Graham. Think about it—photos are, in essence, your first showing and what will drive traffic. Cellphones just don’t have the range of photo technology to make your home pop. And you, my friend, are (most likely) not a professional photographer.

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Mark Arbeit And Co Marketing

Mark Arbeit And Co markets your home using social media, local mailings, newspaper advertising and more!

‘The market is so hot, you don’t need an agent’

Why you might hear this: You’ve seen those signs in people’s yards that read “For Sale By Owner.” Hey, it seems like a good idea! How hard can selling a home be? And you’ll pocket that Realtor® commission fee.

Why it’s bad advice: This can really backfire on sellers—and that’s if they get their house to close at all. While you may indeed be able to snag a buyer, working out the many, many, many details of the actual sale is where things get complicated. Closing means dealing with everything from the bank’s appraisal coming in too low to haggling over inspection items—all of which involve negotiation best gleaned from years of experience.

“In short, the savings don’t amount to anything if you never sell the house,” says Atlanta-based Realtor Bill Golden, with Re/Max Metro Atlanta Cityside.

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‘You should hire this person I know who’s an agent’

Why you might hear this: Your friend’s mother’s best friend’s daughter heard of a great real estate agent from her dog’s chiropractor. What could go wrong?

Why it’s bad advice: Hiring an agent is like interviewing someone for any other job: You want the right person for your needs, period. Hiring solely on the basis of a relationship is just a lot of baggage; personal relationships can often complicate getting the job done in the best, most profitable way.

 

Article Re-posted from Realtor.com

News That Will Reverse Flood Insurance.

Good New for Flood Insurance

Good New for Flood Insurance

Legislation to reverse sharp increases in Flood Insurance premiums.

News that will reverse flood insurance, just two years after passing an overhaul of the National Flood Insurance Program that was praised as a bipartisan victory, Congress erased most of it last week with Senate approval of the Homeowner Flood Insurance Affordability Act. This passage of legislation would roll back sharp increases in premiums in Flood Insurance. 

The initial law, known as the Biggert-Waters Flood Insurance Reform Act of 2012, was passed after environmentalists and Tea Party activists joined forces to make major changes to the country’s flood insurance program, the government entity that pays out checks to help homeowners repair water damage caused by hurricanes and other storms. Enviros felt the program encouraged development on sensitive lands by allowing federally subsidized flood insurance rates in coastal areas, and small-government activists balked at the program’s red ink–at the time it was $18 billion in debt, a number that has since ballooned to $24 billion.

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3801 Atlantic Brigantine Blvd. Brigantine NJ 08203 | MLS # 424584

3801 Atlantic Brigantine Blvd. Brigantine NJ 08203 – For Sale

Living the Good Life on the Bay in Brigantine

3801 Atlantic Brigantine Blvd in Brigantine NJ is a fully renovated 4BR 3 BA bay front home is situated on a huge 50’x127′ lot. The home is spacious & sun filled w/a 1st floor that includes a living room, BR & full BA, large eat in kitchen w/center island, adjacent dining area & a large great room that leads to an expansive covered porch. The enormous master BR suite includes a spa BA, 2 closets & boasts panoramic views of the bay from ever window & the private deck. Exterior features include a huge fenced in yard  w/mahogany bar, new bulkhead, dock & boat slips. Life is good in Brigantine!

CALL: Mark Arbeit 609-402-5885 TO MAKE APPOINTMENT.

Price: $675,000
Bedrooms: 4
Bathrooms: 3
Lot : 50×127 Bay Front

 

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15 S 31 St., Longport NJ 08403 | MLS #419914

New Construction In Longport NJ

This new constriction 5BR 4.5BA home reflects a smart shore home design combined w/the finest quality building traditions established long ago by Puggi Builders. Just steps to the beach in Longport, the home features a spacious open floor plan, great room w/fireplace, dining room, gourmet eat in kitchen w/commercial grade appliances, stunning durable hardwood floors throughout & a multitude of custom built-ins. There’s a covered porch, multiple decks, ocean views, fenced yard, recessed outdoor shower & 3 car parking.

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© 2014 Mark Arbeit and Co Atlantic City, Margate, Ventnor and Longport Beach NJ Real Estate. All Rights Reserved.