Author: Contemporary Media Group, LLC

If you’ve made your career in commercial real estate, realtors in Oradell NJ have some news: the field is changing majorly! The COVID-19 pandemic has created great changes in our normal lives, including the way we use space and do business. With more and more offices moving online, retail businesses closing, and people afraid to visit shared spaces, what is a commercial real estate investor to do? Our expert real estate experts share the top three things your commercial real estate property opportunities.

1. Warehousing and Distribution
Many older, larger commercial properties are being transformed to meet the new shopping demands: Online! Companies like Amazon are actively seeking large properties to manage their distribution and fulfillment centers, which means that prior retail or commercial spaces are prime for reuse. Even some investors who have been trying to sell their property for years are seeing increased interest in these sorts of improvements!

2. Socially Distant Offices
Not all offices will be gone in the future. While over half of the US population has shifted to working from home at least part of the time, every job cannot be done from home (or, at least, it shouldn’t be!). For example, doctors and dentists still need to see patients in person to perform tests or procedures, those who work with very small children for speech or mental health services need to be able to physically interact, and many personal care services require a special setting and equipment. As research into the virus progresses, it becomes increasingly clear that small spaces and poor ventilation are major drivers! The office of tomorrow will need more personal space, better ventilation, and easy access to handwashing stations. If your property meets these standards or can be easily upgraded, now may be the time to call a Realtor near you to find purchase opportunities!

3. Housing
When one works from a home, a tiny studio apartment just isn’t going to cut it. Between the need for more housing in general, and the increased need for affordable, comfortable, spacious housing, it only follows that many commercial real estate properties are likely to be converted into apartment-style living spaces in the future. In many areas, this depends on local zoning requirements, but many city and county planning boards are reconsidering old rules to make way for the new normal. An unused commercial building may be the next retirement home, affordable living complex, or may even be completely renovated into luxury living!

For some people, making major decisions during a worldwide pandemic is out of the question. However, if you enjoy the risk and the opportunity to see great returns on your investment, there are many opportunities available! Call an expert in real estate in NJ to find out what options exist, or how your property can be sold for far more than its original value! Sheldon Neal has helped hundreds of people buy and sell homes, commercial property, and land investments as a Realtor in NJ, and his team is waiting for your call!

The market for home sales in Oradell NJ has never been hotter! Despite the COVID-19 pandemic, home buyers in NJ are seeking properties as quickly as they become available. Are you part of this home-seeking crowd? If so, here is a list of big home-buying mistakes that many home-seekers make. Don’t let yourself do the same!

Ignoring the Neighborhood
The location of your new home is important—at times, more important than the home itself! While you can do a lot to your home once you buy it, such as changing the color, style, or even adding or subtracting a few rooms, you cannot single-handedly change your neighborhood. Consider what is most important (such as good schools, safety, access to medical services) and make sure to share these with your real estate agent in NJ.

Not Using a Realtor
What’s that, you don’t have a real estate agent? You’re missing out! Unless you’re buying that family home from Grandma, you need the benefits of a professional real estate agent. Find unlisted properties, better deals, and links to strong financial services when you search for your next home in Oradell with a Realtor!

Putting Style before Structure
Judging a book by its cover is one thing, but judging a home by its style is doing yourself a disservice. While it may be a challenge to imagine that room without the wallpaper and orange shag carpet, try to limit yourself to the functionality of the home, such as the number of rooms and bathrooms, ability to add on space, or other structural elements. A can of paint and new floor coverings go a long way to transforming a house into your own!

Skipping a Home Inspection
The home inspection, at its worst, is a “waste” of a few hundred dollars. Sure, if nothing is wrong with the house, you may feel like your money was tossed away. On the other hand, if just a few hundred dollars helps you to identify a major issue, such as a cracked foundation, electrical issue, or plumbing issue that could cost you thousands down the line. Your trusted real estate agent in NJ can help you find a great home inspector!
Don’t let these pitfalls slow down your home search! If you are looking for land or hoes for sale in Oradell, NJ, contact an excellent real estate agent today. Sheldon Neal has helped hundreds of people find the perfect home in NJ, and is waiting for your call to help you find yours!

If you want an idea of how fast homes in your area are selling, ask a real estate agent in Oradell, NJ! Despite the difficulties of the COVID-19 pandemic, we are seeing strong home sales in New Jersey for so many reasons. If you are considering selling your NJ home, or if you are looking for a great home to buy in Oradell, don’t wait—now is the time! Real estate agents know that these top reasons are making homes sell faster than ever!

The Right Rates
More than any other reason, the rates are right for buying and selling homes! While the COVID-19 pandemic has taken a major toll on the economy, the federal reserve rates are in favor for home buyers. Locking in a low mortgage rate like those available today can put extra cash in your pocket for years—many of our new homeowners are thrilled to share that their mortgage is lower than what they were paying in rent! If you’re selling your home, this means a faster, easier sale, with plenty of qualified buyers.

Escape the Sardine Can
If you’ve spent most of your life living in busy, urban areas like New York City, you might feel some similarities to sardines—squished in, squashed down, and barely able to breathe! With the increasing risk of viral transmission, many savvy individuals and families are eager to find more space. Real estate agents in Oradell, NJ, as well as many others in the nearby counties, know that people are starting to be aware of the importance of space to move, breathe, and live.

Grow Your Family
Speaking of space, have you considered your legacy yet? From a surge in childbirths to babies being given names like “Corona,” many people are asking themselves “what’s next?” If you want a beautiful place to grow your family, don’t start in a teeny-tiny apartment. Contact an expert real estate agent in NJ to help you find a spacious home where your family can grow.

Work-Life Balance
Before 2020, the idea of a months-long lockdown was unimaginable. Now that it has happened, many people say that they’ve gotten a “wake-up call” for their work-life balance. Has your quarantine experience helped you appreciate downtime and nature? Do you long for outdoor spaces and plenty of room to move? Get out of the city and find a home where you feel balanced. If you don’t want to be too far from the action, real estate agents in Oradell can help you find the perfect home that is close enough to visit, but distant enough to relax.
Ready to start your home search today, or to list your home for sale? Real estate agents in Oradell know this is the time to move! Start your home search or home sale process off on the right note by working with a skilled real estate agent. Sheldon Neal has helped hundreds of people connect with their perfect homes, and is ready with new listings for you to browse and consider.