• Compass research finds that listings that were pre-marketed as Compass Private Exclusives and/or a Compass Coming Soon, before going active on the MLS, were associated with better outcomes for homeowners.
  • Pre-marketed homes were associated with an average 2.9% higher close price.
  • Pre-marketed listings received accepted offers 20% faster, on average, after listing on the MLS.
  • Listings that were pre-marketed were about 30% less likely to experience a price drop after listing on the MLS.

Compass a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume, conducted research analyzing the value of pre-marketing homes using its innovative Compass…

44 Views, 0 Comments

Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want.

The good news? Even if they don’t drop substantially, there are still ways to make buying a home more affordable.

How Much Will Rates Drop?

A few months ago, experts were forecasting mortgage rates could dip below 6% by the end of the year. But recent projections suggest that may not happen after all.

While mortgage rates are still expected to decline some later this year, projections from Fannie Mae, the Mortgage Bankers Association (MBA), and Wells Fargo now show them stabilizing closer to the 6.5% to 7% range (see below):

19 Views, 0 Comments

Perfect your listing strategy before accruing a single day on market

Introducing the Compass 3-Phased Marketing Strategy

Our multi-phased marketing strategy draws from proven tactics used by professional real estate developers, homebuilders, and luxury marketers. Similar to how Hollywood launches multiple trailers to build anticipation for a movie premiere, the Compass 3-Phased Marketing Strategy allows us to launch your listing multiple times to build similar excitement and demand. This pre-marketing approach extends your marketing runway, helping ensure your home enters the public market with maximum demand and a refined pricing and positioning strategy — setting the stage for the best possible sale outcome.

How it works

Phase 1 -…

854 Views, 0 Comments

243 Kings Rd, Madison NJ


Just move in, and enjoy! This updated 4 bed, 2 full bath home features hardwood floors, oversized windows, and an open floor plan with tons of natural light. It also offers a spacious family room with a fireplace, a newer kitchen, large dining room with cathedral ceilings, and glass doors leading to a beautiful private yard perfect for relaxing and entertaining. This home offers so much for todays buyers!

Welcome to 243 Kings Rd in Madison, a captivating residence that effortlessly blends style and functionality. Priced at $629K, this updated 4-bedroom, 2-full bath home is a true gem for those seeking a move-in ready property. Let's explore the wonderful features that make this house a perfect haven for today's…

722 Views, 0 Comments

254 Mountain Ave, New Providence, NJ 07974

Home for sale in New Providence, NJ

 

4 Bedrooms - 3 Baths - $699K

Just move in and enjoy this spacious home with great open floor plan with 4 bedrooms, 2.1 baths resting on over a third an acre in the prestigious Murray Hill section of New Providence just minutes from town, trains, top-rated schools and parks. This home boasts a beautiful park like setting and four finished levels of comfortable open living space.The eat in kitchen with granite counter tops and stainless steel appliances opens to a large family room with cathedral ceilings and a dining room. The living room has a fireplace. The second level has 3 bedrooms and two full baths. The master suite has generous closet storage and en-suite…

5175 Views, 0 Comments

97 Blackburn Rd, Summit, NJ 07901

Home for sale in Summit, NJ

 

5 Bedrooms - 3.1 Baths - $1.399M

This 5 Bedroom, 3.1 bath classic colonial has been completely renovated & is ready for today's modern amenity buyer. The high quality finishes & functional open floor plan are what make this home so appealing. The 1st floor has an open kitchen to family with a dining room, breakfast nook, den & mudroom. On the 2nd floor is the master en-suite bedroom & 2 walk-in closets. There are also 2 additional bedrooms & a hall bath. The 3rd floor has 2 bedrooms & a bathroom. The basement is finished with a rec room, laundry room, storage and an oversized 2 car garage. The home sits on nearly a quarter of acre of property and has a deck and patio. This home is…

2492 Views, 0 Comments

60 Highland Ave, Chatham, NJ 07928

Home for sale in Chatham

4 Bedrooms - 5 Baths - $1,137,900

Enjoy all Chatham has to offer in this stunning Colonial with 4 bedroom & 3.2 baths located on one of Chatham's sought after streets with great open floor plan perfectly set on .63 private acres! Experience this charmer with a dutch front door, foyer with 2 closets, living room with bay window, fireplace & built-ins that opens to an office & dining room, a white kitchen opens to an expansive family room with stone fireplace & palladium window that overlooks the lovely back yard. The breakfast room is right off the kitchen & a laundry room & powder room complete the first floor. The 2nd floor has 4 bedrooms & 2 bedrooms have en-suite baths. The master…

1903 Views, 0 Comments

9 East Lane, Madison, NJ 07940

Home for sale in The Hill section of Madison

 

4 Bedrooms - 3.1 Baths  - $1.349M

Just blocks to town and train this updated Colonial with 4 bedrooms, 3.1 baths is ideally situated on over a third of an acre on one of Madison sought after streets in the prestigious Hill section! Perfect for today's buyer this stunning home boasts a large eat-in chef inspired kitchen with breakfast bar that opens to a newly designed family room with fireplace that over looks the blue stone patio and lovely yard. A dining room nicely decorated with grass cloth, living room with fireplace, screened in porch, mudroom, laundry room and powder room complete this amazing first floor. The second floor boasts 4 bedrooms and 3 full baths…

2364 Views, 0 Comments

23 Forest Rd, Madison, NJ 07940

Home For Sale in the Fairwoods Section of Madison

 

4 Bedrooms - 2.1 Baths - $829K

This charming & updated 4 bedroom 2.1 bath home is located in the desirable Fairwoods section of Madison & is loaded with architectural details & is just blocks to Madison's thriving downtown & train. Enjoy the high ceilings, hardwood floors & coffered ceilings as you enter this stunning home. The foyer opens up to a family room with fireplace & large windows & a dining room with wainscoting & doors to the fabulous deck that over looks the lovely fenced in yard. The kitchen with granite counter tops boasts a breakfast bar, new fridge & dishwasher. A first floor office or playroom is right off the family room & has great built-ins…

2643 Views, 0 Comments

221 Blackburn Rd, Summit, NJ 07901

Home For Sale in Summit

 

5 Bedrooms - 4 Baths - $1.399M 

This perfectly updated 5 bedroom, 4 bath Colonial with potential in-law suite enjoys a prime location one block to Franklin elementary school and Clearwater swim club and is blocks to town and NYC trains. Renovated in 2013, this home has great living space and details throughout. This home boasts a first floor ensuite bedroom, kitchen that opens to a great room with fireplace, vaulted ceilings & large windows that overlooks the expansive yard. A living room with fireplace & dining room, office, mudroom, laundry room, 2nd full bath and 2 car garage complete the first floor. 4 bedrooms and 2 baths are on the 2nd floor. The large master suite features an…

2348 Views, 0 Comments