The Farley Team Services

Real Estate Team · Terrie O'Connor Realtors · Ramsey, New Jersey

5:50 PM in Ramsey Directions

Here is what working with The Farley Team in Ramsey typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buying a home

Buyer strategy session

Clarifies budget, loan pre-approval status and the representation agreement now required in New Jersey.

Showings in Ramsey

Scheduling private tours, previewing listings and flagging issues worth a closer look.

Offers and counteroffers

Contract terms, earnest money, inspection and appraisal contingencies explained step by step.

Getting to the closing table

Coordinating with the lender, title or escrow office and the other agent so nothing slips.

Selling a home

Pricing analysis (CMA)

A comparative market analysis based on recent sales near your Ramsey home.

Listing preparation

Advice on repairs, staging and photography before the home goes live.

Marketing the listing

MLS exposure, online listing portals, signage and open houses where they make sense.

Showings, offers and closing

Scheduling showings, reviewing offers and managing the contract to closing.

How a typical transaction works

ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
CloseFinal walk-through and signing with the title or escrow company under New Jersey rules.

Typical costs on a Ramsey home

Illustrative figures for a home at the local typical value of $893,435. Real numbers depend on your agreement, lender and title company.

Item	Rate	On $893K
Listing-side commission (negotiable)	2.5–3%	$22,336–$26,803
Buyer-side compensation (negotiable)	2–3%	$17,869–$26,803
Buyer closing costs (lender, title, escrow)	2–5%	$17,869–$44,672
Home inspection	flat	$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Areas around Ramsey

Wyckoff, NJ3.7 mi · $1.17M Woodcliff Lake, NJ4.5 mi · $1.28M Ridgewood, NJ5.5 mi · $1.27M Paramus, NJ8.5 mi · $1.08M New City, NY10 mi · $817K Bloomingdale, NJ10 mi · $561K Closter, NJ11 mi · $1.21M Wayne, NJ12 mi · $748K

Questions about these services

How are real estate agents paid in New Jersey?

Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.

Does The Farley Team work with both buyers and sellers?

Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how The Farley Team handles dual agency or designated agency under New Jersey law.

What should I prepare before the first meeting?

Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.