ERA JUSTIN REALTY FIRST HALF 2016 LEADERSHIP CIRCLE ACHIEVERS

ERA JUSTIN REALTY FIRST HALF 2016 LEADERSHIP CIRCLE ACHIEVERS

2016 is a successful real estate year with sales prices affordable for qualified buyers.  The ERA Justin Realty staff of Realtor agent professionals have worked diligently with sellers and buyers to continue to be an area real estate leader since 1950, including being the #1 office in Rutherford closed sales for 15 consecutive years, statistics provided by the New Jersey MLS. 

They have introduced the ERA Sellers Security Plan to area sellers where ERA Justin Realty will sell the house or ERA will buy it.  There are conditions to the plan, which may not be for every seller, but for those with a timeframe deadline, it may be ideal. Additionally, the firm offers the ERA Home Protection Plan, which covers many components of the house for the buyer, when purchased by the seller, and the seller is covered during the listing period while the house is being marketed for sale.  Consumers are invited to review both plan programs with the ERA Justin Realty sales professionals.

Ask the ERA Justin Realty 1st half 2016 award achievers, how how to price your home and the answer you will most likely hear over and over again is realistically as there is continuous competition with current houses on the market.

Ask any of these Leadership Circle achievers to provide you a complimentary Comparative Market Analysis (CMA) and you will receive the answers to your real estate questions. 1st half 2016 achievers include Julia Dagistanli,  Cathy Vick, Jennifer Sullivan, Carol D. Calamari, Rosemarie Zembryski, Peg McLaughlin and Fara Espandi. They want to be your buying and selling Realtor Agents throughout Bergen, Passaic, Essex and Hudson Counties.

 Ron Darby, Broker stated, “If you are thinking of selling your house in the near future and want to know for how much it could sell, then you may contact one of our Realtor sales agent professionals at ERA Justin Realty and request a Comparative Market Analysis (CMA) to determine its fair market value. Our service is provided free of charge and without obligation.  In conducting a CMA, we have access to a wide array of information, such as databases containing recent listing and selling prices of similar homes in the neighborhood, and how long these houses took to sell. The resulting analysis can help a homeowner reach a realistic figure of fair market value.  When the house is then put on the market we will use the CMA to help the homeowner establish a selling marketing program. The CMA information is very helpful in determining the true value of a house and the right asking price. In the end, however, the homeowner should decide on a price that he or she feels is competitive and consistent with the prices other houses in the area have sold.  Our CMA report for our Sellers is truly comprehensive.  Complete with color photos and detailed information, it makes pricing easier for those planning a sale.  Truly, there is a difference in real estate companies, and our details will make the difference. We ask Buyers and Sellers to compare.  We believe that in order to exceed expectations of what ERA Justin Realty is about, we don’t offer just real estate basics, we try to be as comprehensive as possible.  In that way, we know that our Buyers and Sellers will hold us all in the highest regard.  Proof of our abilities for our clients and customers shows in these fine award achievers being honored.”

For more information, consumers can reach the ERA Justin Realty sales team at either of their two Rutherford offices at 118 Jackson Avenue and 57 Park Avenue. By phone at(201) 939-7500, (201) 438-0588 or (201) 438-SOLD.  Additional real estate information is also available at the firms 1000's of homes websites at www.ERAJustin.com andwww.ERAJustinRealty.com.

Karen Mastriano Enhances Justin Commercial - a Division of ERA Justin Realty Co.

Karen Mastriano Enhances Justin Commercial

                                                a Division of ERA Justin Realty Co.

To continue to enhance the exceptional tradition of top service to sellers and buyers that ERA Justin Realty has been known for since 1950, the firm has always prided itself in attracting career minded individuals who follow their business plan and through that training develop quickly into successful career Realtors. The firm has in place its Justin Commercial Division and Karen with a construction background and her extensive New Jersey business networking is now part of that division 

Following its business plan for hiring licensed agents and giving them the training for success in the fast-paced real estate industry, Karen Mastriano has joined the firm.

Ron Darby, Broker Co-owner said, “Karen contributes excellent resourcefulness, executive presence, dedication and management skills to all initiatives.  She has a great understanding of people and their needs and desires.   She knows that strong business relationships will result with successful purchases and sales at our firm.  For these reasons, we proudly boast, ‘There is a difference in real estate companies’ She is highly motivated and energetic and her people skills will be apparent as she completes a transaction with you.”

Karen said, "My family and I have lived in Bergen County for over 14 years. I successfully coordinate my business and family of five grown children, Lauren, Tara, Maryclare, Julia and Brian plus having served a town council position for two terms and having been appointed to the Freeholder Board in Bergen County as clerk. Socially you may find me doing a 55 mile biking tour, enjoying Yoga and spending time with my kids and their friends and fundraising for many known charities."

Jennifer Darby Metzger, Broker Co-owner stated, "Karen has joined Jennifer Sofia, Vice President of Justin Commercial having vast experience with major Fortune 500 companies. Combined, Karen's appointment will bring major commercial business opportunities within Bergen, Passaic, Hudson and Essex Counties."

Ron Darby concluded, “Karen, with her high energy and professionalism will excel at our firm and joining Jennifer Sofia, both working as a team in servicing our commercial buyers and sellers.  All of us at ERA Justin Realty are excited.  Because of our daily priorities, we proudly received the prestigious ERA world-wide ‘Commitment to Excellence Award’ from approximately 2,600 ERA offices and the ‘J.D. Power & Associates’ award.  Only outstanding business entities are honored and receive it. ERA Real Estate was the recipient of ‘Highest Satisfaction for First Time Home Buyers Among Full Service Real Estate Firms.’Award. For these reasons ERA Justin Realty should be your buying and selling Realtor of choice.

Karen and all of their ERA Justin Realty full service Realtor agents can be reached at either of their two Rutherford offices at 118 Jackson Avenue and 57 Park Avenue.  By office phone (201) 939-7500, (201) 438-0588 or (201) 438-SOLD. Also view 1000's of homes at their websites at www.ERAJustin.com and www.ERAJustinRealty.com.

ERA Justin Realty Reviews its REO Division Opportunities

ERA Justin Realty Reviews its REO Division Opportunities

Jennifer Darby Metzger and Ron Darby, Broker Owners of ERA Justin Realty have recently expanded their REO opportunities for their buyers. It was time to broaden their reach in the Real Estate Owned markets with banks and lenders and whose outreach will bring many opportunities to the firm through REO relationships and associations which can bring great opportunities to our investor clients.

Through their knowledge and experience in the specialized REO and short sale segment of real estate from luxury to entry level homes, ERA Justin Realty's listing outreach will expand with new opportunities for their buyers & investors.

Real Estate Owned or REO is a term used to describe a class of property owned by a  lender, typically a bank, government agency, or government loan insurer after an unsuccessful sale at a foreclosure auction. A foreclosing beneficiary will typically set the opening bid at a foreclosure auction for at least the outstanding loan amount. If there are no bidders that are interested, then the beneficiary will legally repossess the property. This is commonly the case when the amount owed on the home is higher than the current market value of this foreclosure property, such as with a high loan-to-value mortgage following a real estate bubble. As soon as the beneficiary repossesses the property it is listed on their books categorized as an as REO asset.

Bank REO properties are generally in condition of needed repairs and maintenance, both to satisfy property upkeep laws and to preserve and prepare the property for sale. Maintenance is generally the responsibility of the mortgage servicer and is often in turn provided by a specialized property preservation group. These property preservation services include: securing a property, changing locks, boarding up, debris removal, property maintenance, winterizing, cutting grass, repairing or tarping roof leaks, and rehabilitation.

As soon as a property goes into a distressed status (the borrower/home owner misses mortgage payments) the beneficiary will want to determine the amount of equity that the property has. A method to determine the equity is to order an appraisal. Based on the amount of equity that is determined, the bank will decide whether to allow a short sale (if requested by the homeowner). If no short sale is requested by the home owner, the beneficiary will continue the foreclosure process. If the beneficiary is unable to sell the property through a short sale or at a foreclosure auction it will then become an REO property.

After a repossession from which the property becomes classified as REO, the beneficiary will go through the process of trying to sell the property by obtaining the services of an REO Asset Manager. The beneficiary will remove the liens and other debts on the home and try to resell it to the public, either through future auctions, direct marketing through a real estate broker. Real estate investors will often purchase these properties because of discounts offered to compensate for the condition of the property. Some REO properties on the open market will be listed in MLS by the broker who performed a broker price opinion.

Jennifer concluded, “Our Team is happy to be working on these REO homes bringing new buyers and investors to close title so the real work of fixing the house can begin. We certainly feel that we are contributing to these communities by selling these homes so the conditions of them improve helping the neighborhoods rebound.  It is hard to see a house go into disrepair and become overgrown on your street and not be able to do anything about it.  It feels fulfilling that we are doing well for our neighbors and all of the communities we serve”

All of the ERA Justin Realty full service sales team can be reached at either of their two Rutherford offices at 118 Jackson Avenue and 57 Park Avenue. By office phone (201) 939-7500, (201) 438-0588 or (201) 438-SOLD.  Search real estate opportunities at www.ERAJustin.com and www.ERAJustinRealty.com.