Eugene Jones

Is there a difference between a good “listing” and “just having a house on the market.” I would have to say “yes.” Having a good listing means having a

home that is reasonably priced for the on-going market. If the home is priced too high (especially in this market) the chances of it selling are weakened.

On the other hand, if the home is priced too low, then the home owners may be left thinking they could have received more for their home.

Another key to a good listing is a motivated seller. The highly motivated sellers, tend to be more flexible. Motivated sellers tend to have time against their

side, whether it’s because of job relocation, troubled finances, divorce situation or just needing to upgrade. The less motivated the seller, the less likely they

are willing to do whatever it takes, ie price reduction, to get the home sold.

One more important key to a successful listing is the bargain and sale deed. If the home is priced right, and the seller is motivated, you don’t want a surprise

guest claiming interest in the property and preventing the sale.

No one I know likes to waste time or money and through experience I’m learning how easy it is to burn time & money by just having a house on the market.

It is my focus to pay attention to all the key elements of attaining a good listing before I just put another house on the market.

Plainfield, NJ market analysis for September 2008

Compared to August 2008

September: August:

Active Listings = 470 505

Average LP = $ 298,847 $ 299,721

New Listings = 57 69

Average LP = $ 270,181 $ 287,575

Under Contract= 18 19

Average LP = $ 332,361 $ 233,476

Sold Listings = 14 15

Average SP = $ 229,536 $ 305,733

Average DOM = 69 95

Average SP/LP = 96% 97%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Somerville, NJ market analysis for September 2008

Compared to August 2008

September: August:

Active Listings = 84 80

Average LP = $ 342,031 $ 339,620

New Listings = 17 20

Average LP = $ 341,264 $ 297,954

Under Contract= 7 1

Average LP = $ 273,507 $ 250,000

Sold Listings = 2 8

Average SP = $ 253,250 $ 305,700

Average DOM = 65 64

Average SP/LP = 98% 96%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Somerset, NJ market analysis for September 2008

Compared to August 2008

September: August:

Active Listings = 545 590

Average LP = $ 411,035 $ 405,488

New Listings = 105 95

Average LP = $ 395,126 $ 370,599

Under Contract= 51 69

Average LP = $ 352,681 $ 349,012

Sold Listings = 48 55

Average SP = $ 332,106 $ 336,275

Average DOM = 82 79

Average SP/LP = 95% 96%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.

Bridgewater, NJ market analysis for September 2008

Compared to August 2008

September: August:

Active Listings = 386 380

Average LP = $ 557,709 $ 563,104

New Listings = 77 64

Average LP = $ 491,374 $ 483,889

Under Contract= 32 28

Average LP = $ 521,434 $ 469,978

Sold Listings = 35 55

Average SP = $ 475,520 $ 475,832

Average DOM = 68 52

Average SP/LP = 96% 96%

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed