For Sellers
Selling your home is a major decision, and the right plan makes all the difference. From the first walkthrough to closing day, here’s how Mary guides you through each step of selling in New Jersey.
Mary will visit your home to understand its features, its condition, and your timing. It's a conversation, not an inspection.
A comparative market analysis (CMA) looks at recent sales and current listings of similar homes to help you consider a list price.
A comparative market analysis is not an appraisal and should not be considered the equivalent of an appraisal.
You'll review a written listing agreement that describes the services, the term, and compensation. You'll also receive the Consumer Information Statement, which explains brokerage relationships in New Jersey.
In New Jersey commissions are negotiable.
New Jersey sellers complete a property condition disclosure statement, which now includes questions about flood risk and flood history. Answer carefully and ask your attorney about anything you're unsure of.
No one can promise that a property is free from flood risk. New Jersey's Flood Risk Notification Tool lets you look up whether an address is in a FEMA-designated flood hazard area. Sellers answer flood questions on the property condition disclosure statement, and landlords give tenants a flood risk notice before a lease is signed or renewed.
Open the NJ Flood Risk Notification Tool (opens in a new tab)
Small, considered improvements often matter more than large projects. Mary will suggest what to address before photography and showings.
When Mary lists your home, her service includes professional photography, a compelling listing description, online marketing, social media exposure, showing coordination, open houses when appropriate, buyer feedback, and personalized guidance throughout the transaction.
Mary will review each offer with you: price, financing, contingencies, and timing, so you can compare them clearly.
For covered contracts prepared by a real estate licensee, New Jersey provides a three-business-day attorney review period, not counting weekends and legal holidays. Your attorney may review the contract and may disapprove it or propose changes.
This is general information, not legal advice. For questions about a specific contract or lease, please speak with a New Jersey real estate attorney.
At closing, the deed is signed and recorded, and sale proceeds are disbursed according to the settlement statement your attorney reviews.
Seller costs in New Jersey commonly include brokerage compensation, attorney fees, the realty transfer fee, any mortgage payoff, and adjustments for property taxes. Your attorney can estimate the costs for your sale.
In New Jersey commissions are negotiable.
On sales above $1,000,000, New Jersey charges a Graduated Percent Fee. It is paid by the seller and calculated on the entire sale price, not only the amount above each threshold.
| Sale price | Fee on the entire price |
|---|---|
| Above $1,000,000 to $2,000,000 | 1% |
| Above $2,000,000 to $2,500,000 | 2% |
| Above $2,500,000 to $3,000,000 | 2.5% |
| Above $3,000,000 to $3,500,000 | 3% |
| Above $3,500,000 | 3.5% |
Example: a $2,750,000 sale owes 2.5% of the full price, or $68,750.
Your attorney can confirm the fee and how it applies to your specific sale.
A private consultation is the simplest place to begin. Mary will listen, answer what she can, and outline sensible next steps.
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