Cabitron

Around Town
12th Annual AMI Foundation Golf Classic
Fall Guide 2014 - Performing Arts
Mike ‘The Situation’ Sorrentino To Appear at Grand Opening
Ask The Experts
Ask The Experts: Dr. Manolis G. Manolakakis
Ask The Expert - Avra Karak
AskThe Experts - Dance Attitudes
Bay Wellness
Bay Wellness - Welcome to our newest issue
Bay Wellness - Health After Menopause
Bay Wellness - Don't Forget
Best Bets
The Guide 2014 - Richmond Chandelier
The Guide 2014 - Dearborn Market
The Guide 2014 - Manfredi Auto Group
Black Book
Cover Story
Kim Guadagno - New Jersey's First Lieutenant Governor
George Joynson: History Detective
Passion for Pop - Joe Petruccio
Daytripper
Day Tripper - The Staten Island Children’s Museum
Day Tripper - New York City for the Holidays
DayTripper: Historical Village at Allaire
Eats
Eats: Addison Park
Eat Beat - Sam Vera Restaurant
Eat Beat - Osteria Cucina Rustica
Etc
ETC - Beach Bias
Etc - Tired, Busy, Distracted, and Resigned
Etc - The Endless Summer
Fall Guide
Fall Guide - Kids Party Entertainment
Fall Guide 2014 - Activities
Fall Guide - Kids Fashions
Featured Artist
Featured Artist - Franco Minervini
Featured Artist - Grace Your Space
Featured Artist - Dorothy Kaplan
Gift Guide
Gift Guide - Vintner’s Circle
The Guide 2014 - Trek Bicycle Store of Middletown
Gift Guide - Bell Audi
Health Talk
Health Talk - Asaad H. Samra, MD, FACS - Samra Plastic Surgery
Health Talk - IVF New Jersey
Health Talk - Brian Long CareOne Senior Care
Health, Wellness & Beauty
Health Talk - Asaad H. Samra, MD, FACS - Samra Plastic Surgery
Health Talk - Rockwell Dentistry
Health - Ocean County Retina, PC
Holiday Buzz 2014
Weigh In - What famous person would you invite to your holiday table?
Chanukah Traditions In Transition
Bright Lights & Holiday Magic
Homes
Easy Living On A Grand Scale - Alyson and Keith Arnott
Holly Hill
Adler: Elegant Transformation
Letter
Letter to Colts Neck: Falling Into Good Times
Warm Winter Wishes
Spring has Sprung!
Living in Colts Neck
All The Pretty Horses
Impeccable Style
Muriel Rogers - Local Artist
Newsletter Articles
Eats: Twin Lights Bakery Cafe
The Home - Design Trends
The Home - Dulce Feito-Daly
Our Picks
Company Profile - CKO Middletown Kickboxing
Our Pick - Hart Investment Group of Wells Fargo Advisors
Company Profile - Waterside Villas
People On The Move
People On The Move: Andrea Mesh
People On The Move - Wendy Lasater
People On The Move: Bob Cutrupi
Summer Guide
Dish - Summer Guide 2014
Summer Fun - Summer 2014
Summer Guide 2014 - Our Jersey Shore
The Bay
The Bay - One Stop Women’s Health
The Bay - Could I Have Diabetes and Not Even Know it?
The Bay - National Stroke Awareness Month
The Guide
The Guide 2014 - Male Ego Barber Spa
Our Pick - Craft Master Builders Corporation
Company Profile: RUMC - Dr. Philip E. Otterbeck
The Home Guide
The Home Guide - Showerman of NJ, Inc.
The Home Guide - triSpace interiors
The Home Gallery - Distinctive Pools
Weigh In
Weigh In - What childhood toy do you still have or wish you still had?
Weigh In Marlboro: Trendy Accessory or Necessary Evil?
Weigh In - What’s your favorite phone app?

Ask The Experts: William Kilbride, Owner Critelli & Kilbride Realtors
08/26/2008

Ask The Experts: William Kilbride, Owner Critelli & Kilbride Realtors

Bill Kilbride is co-owner of Critelli & Kilbride Realtors, a dynamic, customer-focused, residential real estate company serving Monmouth, Ocean, and Middlesex Counties. . .


William Kilbride, Owner
Critelli & Kilbride Realtors
963 Holmdel Road
Holmdel, NJ 07733
(732) 332-9100
 

...dedicated to helping their clients achieve their real estate dreams. Bill’s (and his firm’s) goal is to put customer service back into the real estate experience. Since 2005 they have grown quickly in a challenging market – by 300% in 2007 and by another 100% in 2008. Critelli & Kilbride’s core principles are customer service, a job well done, and the complete satisfaction of the clients.



As real estate professionals, what are you doing differently in the current real estate climate, and why?

There is no question that the current climate is challenging. You have two choices – give up or get going. We try to take a positive approach to the market and set realistic expectations with our clients on pricing, timeframes, and realities of the market. The key to selling your home now is to price it right, know your competition, and have your home show its best. We help our sellers make their homes look their best and the most attractive to potential buyers. As far as marketing…we do all of the traditional marketing. Where the real advantage is today is being on the cutting edge – in the online world – having our customers’ homes where they will be seen by the most potential buyers. When we built our office we had this in mind in every facet of our space and systems. Probably the most important thing we can offer is our agents. We are very selective about who we hire to represent the company. If you have great agents, you will have a great business. What things are you doing the same, and why? There are some things in every industry that are tried and true and will result in success. I would say that being hard-working, reliable, customer-focused, and delivering a good service or product is the basis of any great business, no matter what the industry.  I will work tirelessly for my clients and go the extra steps to exceed their expectations.  Unfortunately, in the business world today the expectations of most consumers are very low. We want to change that and raise the bar for what people expect from realtors and what is delivered.  It is most important to be professional, courteous, and put forth our best effort to make sure the home is sold at the best price in the shortest amount of time, while making it a great experience for all parties involved. Life is all about experiences – you remember the good ones.

In Holmdel and the rest of Monmouth County do you see the market as being as severe as the rest of the state or the rest of the country?

All real estate is localized. One town can be very different from the next. I can’t speak much
to the state of our industry in other areas, except for some that I’ve heard have gotten hit extraordinarily hard, such as Florida, California, and Las Vegas. Most of this is a result of wide speculation, overbuilding, and getting away from the core customers/buyers that make up their local populations. For our area, I think prices and sales have held pretty well. Due to our proximity to several large cities, a well-educated workforce, and generally higher paying jobs, I think our area will always be okay. There’s still a lot of demand for housing in Monmouth County, and it’s a great place to live. As everywhere, home prices are down from the highs of 2005, but look at it in context. From 2000 to 2007, the average sold price of a single family home in Holmdel went from $484,750 to $1,010,273. That’s up 208%. From 2007 to the present, the average sold home price went from $1,010,273 to $866,352 (year-to-date)…down approximately 15%. Everything goes through cycles, and we are in a bit of a correction phase caused by many factors, such as unsustainable appreciation, speculation, irresponsible lending, and low interest rates.

What would you say if you were to advise future sellers and buyers on what to expect in the next year or so?

I would advise sellers to be a bit patient with the market and not to get frustrated. If you have a good product, and it’s priced accordingly, you’ll find a buyer. Buyers should know that this is a great time to buy. Interest rates are low, prices are favorable, and there is no way to perfectly time the market.  If you need or want a home, now is the time. In general, most reports [I’ve read] call for the bottom of the market (nationally) to be at the end of 2008.  As I said, all real estate is extremely local, so don’t rely too much on what they say in the news about the national outlook. I do think – for the local market – we will see the bottom this year, followed by a slow growth or flat phase over the next couple of years; the financial system will work out its issues and salaries to catch up to real estate prices.




Advertisers

Eagle Oaks




Powered by eDirectory™