LoisAndJohn

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Classic Realty Group ( real estate agency )
1608 Lemoine Ave, Fort Lee, NJ 07024

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Questions to Ask When Choosing a REALTOR®

When you are ready to start the buying or selling process, it is really important for you to select a professional REALTOR®.  It is important for you to ask the following questions and to feel comfortable with the agent you select.  We will be happy to answer all your questions.

1. How long have you been in residential real estate sales? Is it your full-time job? (While experience is no guarantee of skill, real estate, like many other professions, is mostly learned on the job.)

2. What designations do you hold? (Designations, such as GRI and CRS®, which require that real estate professionals take additional, specialized real estate training, are held by only about one-quarter of real estate practitioners.)

3. How close to the initial asking prices of the homes you sold were the final sale prices?

4. What types of specific marketing systems and approaches will you use to sell my home? (Look for someone who has aggressive, innovative approaches, not just someone who’s going to put a sign in the yard and hope for the best.)

5. Will you represent me exclusively, or will you represent both the buyer and the seller in the transaction? (While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. A good practitioner will explain the agency relationship to you and describe the rights of each party. It’s also possible to insist that the practitioner represent you exclusively.)

6. Can you recommend service providers who can assist me in obtaining a mortgage, making repairs on my home, and other things I need done? (Keep in mind here that real estate professionals should generally recommend more than one provider and should tell you if they receive any compensation from any provider.)

7. What type of support and supervision does your brokerage office provide to you? (Having resources, such as in-house support staff, access to a real estate attorney, or assistance with technology, can help a real estate professional sell your home.)

8. What’s your business philosophy? (While there’s no right answer to this question, the response will help you assess what’s important to the real estate practitioner—fast sales, service, etc.—and determine how closely the practitioner’s goals and business emphasis mesh with your own.)

9. How will you keep me informed about the progress of my transaction? How frequently? Using what media? (Again, this is not a question with a correct answer, but that one reflects your desires. Do you want updates twice a week or don’t want to be bothered unless there’s a hot prospect? Do you prefer phone, e-mail, or a personal visit?)

10. Could you please give me the names and phone numbers of your three most recent clients?

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We are both REALTORS®.  That means that we have taken the time to prove that we are committed to providing our clients with the most professional, personal and courteous service that we can.  Here is a list of reasons why you need a REALTOR® to handle all of your real estate transactions.

1. A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page government-mandated settlement statements. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes.

2. Selling or buying a home is time consuming.  A REALTOR® will do the legwork for you (i.e., select only the houses/condos/co-ops that most match your criteria).  Once you have an accepted offer, there are a lot of steps in the transaction and the agent’s job is guide you through them.  This process could take as much as 60 days or so for the transaction to close.

3. Real estate has its own language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with someone who speaks that language.

4. REALTORS® have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if you’ve done it before, laws and regulations change. That’s why having an expert on your side is critical.

5. REALTORS® provide objectivity. Since a home often symbolizes family, rest, and security; not just four walls and roof, home selling or buying is often a very emotional undertaking. And for most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you keep focused on both the business and emotional issues most important to you.

6. REALTORS® are members of the NATIONAL ASSOCIATION OF REALTORS®, a trade organization of more than 1 million members nationwide. REALTORS® subscribe to a stringent code of ethics that helps guarantee the highest level of service and integrity.

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When we decided to sell our condo, we knew we wanted a high price, but felt that we were selling at the beginning of a downturn. So we needed a real estate agent that would be aggressive in marketing our unit, would push to get the highest price under the circumstances and would give us good solid advice. In addition, we travel a lot, and did not want potential buyers and their agents to have unlimited access to our unit with no-one being around to check on lights, air conditioning and general maintenance.

When we spoke to Lois and John, we recognized that they fit the bill. They were knowledgeable about the condo market and had a solid marketing plan. In addition, they promised a high level of personal service.

Today, after selling the condo, there is no question in our minds that we made the right choice. Lois and John delivered on everything they promised and more. Although we were right in our assessment of the market (which they had agreed with), and it took longer to sell than any of us would have liked, they stuck with us every step of the way, and we ended up with a price we were very pleased with. We could not have asked for better agents - or nicer people to work with. They are responsible, professional and knowledgeable.

Gloria and Mike Kadish

Admiral's Walk Condominiums,
Edgewater, NJ

January 2007

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If you want complete comfort and peace of mind in buying or selling your property, we highly recommend the team of Lois Fein & John Schwartz. We can speak from experience as Lois and John recently handled the sale of our apartment in Admiral's Walk and the purchase of our new apartment in River Ridge. Their knowledge of the market assured us we were getting the best possible price on both the purchase and the sale. More important, their thorough commitment from the moment the contracts were signed through the closings of both properties was essential to the success of both transactions. Where other realtors abandon you once the attorney gets involved, Lois and John worked closely with competing realtors, inspectors and the lawyers right through the conclusion of both closings. This type of professional service was refreshing and rare (we have closed on three other properties with other realtors prior to these). If you want to get your sale or purchase done the "right way" and have a similar positive smooth experience, you should use Lois and John.

Frank & Judy Adamo
Admiral's Walk Condominiums, Edgewater, NJ
May 17, 2025

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Just wanted to drop you a note to say "THANK YOU, THANK YOU , THANK YOU" for all of your help with finding our perfect new home…..Your patience and persistence truly made a stressful home buying experience smooth and easy. Phil and I are so happy with our new home and can't believe we waited so long to call you….Thanks again for everything!!

DeShane and Phil
Bergenfield, NJ
August 2006

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I would like you to know what a valuable asset you have in John Schwartz.  He was not our realtor; however, we had the pleasure of meeting him through the buyers of our home in Bergen County.

Even though he was not our agent, John went out of his way to ensure that the transaction went through very smoothly.  For example, he was at the house during an oil tank inspection to ensure that the work was done and answer any questions.  This is a person who exceeds expectations.

Should the opportunity present itself, we would certainly recommend John's services to anyone looking for a top notch realtor.

Sincerely,

Denise and Michael Fantau

August, 2007

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