We Can Answer Your Questions About Buying & Selling Properties In Bergen County!

Whether you’re buying or selling a home in Bergen County, it’s virtually impossible to not have questions about the process. Bergen Realty Team is here to help! Click through the drop down arrows to get the answers to some of the most frequently asked questions about our business! If you don’t see your question outlined on the list, don’t fret; give us a call today to get your questions answered fully!

In general, New Jersey ranks among the top states where homes sell the fastest! According to a January 2025 report released by Realtor.com,  the top ten fastest selling areas in the New Jersey area include:

  1. Port Republic
  2. Delmont
  3. Richland
  4. Gibbsboro
  5. Elizabeth
  6. Cranford
  7. Clifton
  8. Park Ridge
  9. Port Monmouth
  10. Lumberton

What type of home sells the quickest will largely be determined by where you are, but there are a few specific styles of home that sell much quicker than others. Starter homes, single-family homes, move-in ready homes, and homes that have been recently renovated tend to fly off the market far quicker than others. This can largely be attributed to the needs and desires for first-time homebuyers!

Starting to look for a property is as easy as researching your local real estate market, but there are a few things that you should do to prepare first. Establishing a firm budget, determining your overall credit score, and getting pre-approved for a mortgage are crucial first steps. You should also get in touch with a qualified real estate team – Bergen Realty Team will help to point you in the right direction!

In general, it’s recommended that you start looking for a house anywhere from 6 months to a year away from the move-in date. The earlier within this range you start looking, the more wiggle room you’ll have to make your decision!

Generally, the best months to list a house are during the spring. During the months of March through the end of May, homes can typically be sold above their market value! This is largely because of the nicer weather conditions available for showings, making it more likely for you to gain a large audience at your showings.

Unfortunately, the answer to this question is purely based on circumstance. There isn’t an exact number of houses you should look at before you purchase, but you should scan enough of the market to feel comfortable with the choice that you decide on. The most important thing is to narrow your search to homes within your price range and with your desired amenities included.

The cheapest month to buy a home can vary from year to year depending on the state of the economy and other factors that drive down price. However, you can usually expect homes to be the cheapest when their demand is low. Typically, this time occurs during the winter months and can stretch as far back as Thanksgiving!

The average time it takes to sell a house depends on the time of year you sell, how competitive the current market is, the current asking price of the home, and its location. For a general estimate, you can expect your home to remain on the market for about one to three months before it gets sold.

Senior citizens should consider selling their home as the conditions within it become less sustainable to their day-to-day needs. A senior’s fading mobility coupled with maintenance costs can play big roles in this decision. Once you start to suspect either of these factors is on the rise, it’s a good time to consider selling!

Regardless of where you’re located, there are plenty of things you can do to raise your property value before reselling. Upgrading your kitchen, switching out your appliances for newer models, finishing your basement, adding a deck, and improving your energy-efficiency are the most surefire ways to raise value.

On average, the age range that seniors start to think about downsizing their properties is around 50 to 60 years old.

Most homes don’t stop appreciating in value outright, but the rate at which they do so starts to decline over time. According to the US Department of Housing and Urban Development, most homes appreciate at an increasing rate until it hits around 75 years of age, then decline slowly in every year that follows.

Yes, you can absolutely do this – although the results should be taken in as an estimate rather than an exact number. Click here to access our free mortgage calculator!

You can’t buy a home unless you get pre-approved for a mortgage! You’ll need to secure these permissions first in order to start the home-buying process.

These costs refer to the fees and expenses associated with buying and selling properties. Both parties are responsible for paying this, and it falls roughly at around 3-6% of a home’s final purchase cost. Fees, taxes, and insurance are the main factors that make up this cost.

Our team can help you buy and sell homes all across Bergen County. Click here to view our full service area!

Tasks that reaffirm your home’s usability, structural integrity, and efficiency are the best things to prioritize before a sale. Replacing outdated appliances, updating plumbing, HVAC, and electricity, and improving insulation should all be on your list of things to get right.

This will generally depend on your monthly income and ability to take on a mortgage or loan. Our team has a handy calculator that can help you determine this – click here to access it!

While it is possible to buy or sell properties without an agent, our team strongly cautions against this. Doing so can ensure that a lot of hidden issues with a property get swept under the rug, which can cost thousands of dollars once they are uncovered. Selling homes without a realtor all but guarantees that you won’t make as much profit as you can.

This is a “good faith” cost that is paid by a homebuyer to a home seller to reaffirm their intent to buy the property. This cost makes up roughly 1-3% of a home’s final sale price.

While it’s not technically required to get a home inspection performed, our team believes that this is a highly important process. It can help uncover structural issues for those buying homes and help us set the highest possible asking price for those selling homes.

There are a few key factors to consider when setting the asking price for your home. We can help you with any and all of these considerations:

 

  • Recent sales of similar homes
  • The current condition of your home
  • Understanding local market trends
  • Potential bidding wars