Record breakers

 The data providers for the Knight Frank Luxury Investment Index share 

their thoughts on the past and future performance of some of the most 

popular asset classes in the Index. We also include details of the standout 

auction sales of the past 12 months for each category.

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In a buyer’s market, there are more homes for sale than there are buyers looking to purchase a new home. This creates competition between sellers to have the best home available so it can be sold faster. However, many homeowners don’t know the best ways of helping their home stand out on the market in Mantoloking, NJ, as well as surrounding areas, and end up getting forgotten. Here are some strategies homeowners can use to help their home, whether a luxury or waterfront property, rise above the competition to find the right buyer.

Set an Appealing Sale Price

A buyer’s market can naturally lower the prices of homes as homeowners try to draw buyers in to take a look, and having a lower price can be very helpful when it comes to doing this.

Selling a home involves a lot of documentation. Home sellers who gather their paperwork in advance can help the luxury or waterfront home sale process go smoothly, so ensuring the following documents are on hand is important throughout the sale process.

Inspection Reports

Homeowners of Mantoloking and surrounding areas, who have recently had an inspection done on their home, must turn over the findings to their real estate agent before listing the property. Information about maintenance problems and hazards must be properly disclosed in the contract paperwork, so the real estate agent must have access to this information in advance.

If the homeowner has made repairs to the property because of the inspection report, then paperwork relating

Rules differ for vacation homes and rental properties, and whether a second home is designated as one or the other can influence seller options for financing as well as carry tax implications for both buyer and seller. Options for vacation homes, such as waterfront real estate, may not be clear cut. When it comes time to sell an Ortley Beach vacation home, there also are tax implications that hinge on whether the property was ever rented, for how long, and how it was used by the owner and the owner's family. Numerous variables exist.

A second home, just as a primary residence, is considered a capital asset, subject to either short-term or long-term capital gains based on the length of time the home was owned. There are also possible tax

Homeowners want to present their homes in the best possible light to prospective buyers. However, with a myriad of home styles and even more possibilities to make that home more attractive, it may be difficult to select the most practical, low-cost ways to spruce up a property. There are those homeowners that can afford to splurge. However, others want to get the most value possible from relatively affordable expenditures. What can homeowners with a small budget do to improve the appeal of their luxury or oceanfront home?

Use these suggestions when it comes time to boost curb appeal on the cheap.

Easy Changes to a Home

Get a home ready to sell by first addressing these common issues with affordable solutions. Tackle these problems before

Or take it off the market until next year?

Less Competition: Many homeowners that consider taking their Manasquan, NJ home off the market during the holidays don’t want the hassle of showing their home. And most waterfront house sellers who are considering putting their home on the market wait until the first of the year or until spring time.  

• Less Competition.
• Fewer homes like yours to compete with.
• With reduced inventory means more buyers looking at your home, in person and online.         

Motivated Buyers: Anyone who takes time out of their busy holiday schedule to shop for a home is a serious buyer now.  

• Buying for tax reason before year end or 1031 exchange.
• Some buyers motivated to buy now with pending changes to

With a more widespread focus on environmental consciousness, energy efficient homes are in high demand. Eco-friendly luxury homes are often priced at a premium, offering potential buyers lower utility expenses and reduced maintenance costs. Additionally, a green home also promises an improved quality of life for homeowners in the way of in-home comforts and many health benefits. With a few simple and effective energy efficient changes to the average American home, it's easy to enjoy maximum performance and comfort while looking forward to the future, when it's time to sell.

Green Homes On the Market

Implementing a few simple energy efficient upgrades to the home can add plenty of value with little effort. In fact, recent studies show that

Selling your home is an exciting and busy time. Whether your next home is waterfront real estate across town or something completely new across the country, it's a chance for a new beginning and another chapter in your life. But first you have to get your current home sold, so you want to make sure you're doing all the things buyers expect. If you have an HVAC system that's old or outdated, replacing it is something you may want to consider doing. Even if it seems to work well enough or doesn't seem to be having any huge problems, there are some signs you can look for that indicate replacing it is going to be a good idea.

Have Your Repair Bills Gone Up?

One of the biggest signs that it might be time to replace your HVAC system before you sell

Real estate is selling quickly these days, especially in hot housing markets such as Point Pleasant Beach, NJ. In some markets, homeowners barely have time to catch their breath between listing and signing a contract. Closings in some areas are equally swift and, no matter how prepared you might be for that upcoming move into your new oceanfront home, there are a lot of details to handle. Here's a preliminary checklist to help smooth the way for you, and to assure that the buyers actually get the house they expect:

Keep Up With Landscape Maintenance 

You may not have much enthusiasm for yard work once you know you're moving on, but there isn't a buyer on earth who wouldn't be disappointed and justifiably upset to drive up to a lawn that's

Almost every home can benefit from a few improvements, and one of the places potential buyers really scrutinize is the kitchen. This may leave sellers thinking they need a full remodel. Not only is such a gesture expensive, but it also does not have a great return on investment.

That does not mean sellers should ignore the kitchen, however. Making smaller kitchen improvements can improve sale prices and decrease the amount of time it takes to sell a home. Bay Head area buyers are impressed with stylish features, so start with improving elements which look most dated.

Have a Theme

Buyers often look for a visual theme tying rooms together that creates a flow or luxurious feel to an otherwise perfect waterfront home. Colors should complement one