In Morris County New Jersey’s commuter towns, buyers often take part in several competitive bidding opportunities before securing a home – extending what was once a weeks-long engagement with an agent into a relationship that can last two or three years. That duration is reshaping what the job requires, according to Scott Spelker, an agent with Coldwell Banker Realty working the New Jersey commuter corridor.
The Focus Has Shifted From Sellers to Buyers
In previous cycles, sellers carried much of the attention. Their homes could stay on the market for weeks or months, and agents spent their energy supporting them through the wait. That dynamic has largely shifted, Spelker says. Today’s sellers in Madison New Jersey, Chatham, and Summit typically receive multiple offers within days of listing. The focus has moved to supporting buyers.
Buyers find a home, picture their lives inside it, and sometimes see another offer come out ahead. Then they try again. Spelker describes watching buyers manage their own expectations in real time. “They don’t want to be disappointed, so they try not to get too hopeful,” he says. But the emotional investment is real. “They’re really seeing themselves in that house. You can just see it in their eyes.”
Two-Year Relationships and Children Who Grow During the Search
Longer searches mean buyer relationships now extend well beyond what agents once expected. Spelker says a buyer engagement can run two years or longer, long enough that the agent sees the buyers’ lives change along the way. His longest-running buyer client was a three-year relationship. The couple had an infant when the search began. By the time they secured a home, the child was in nursery school and had a younger sibling. “I said, we need to get you in a house before these kids are in high school,” Spelker says.
The seller relationship, by contrast, typically runs four to eight weeks from initial contact to closing, according to Spelker. The depth of the buyer bond – built through a shared journey and sustained hope – is categorically different. “You definitely build more of a bond sometimes with the buyers because you’re spending quite a bit of time with them,” he says. “It’s more of an emotional roller coaster these days for the buyers.”
The skills required to support a buyer through two or three years of close calls – managing expectations, reframing each step, maintaining motivation – are relational, not transactional. They are not a standard feature of real estate licensing curricula.
Adapting to a Role That Training Does Not Cover
Spelker is candid about how he and his partner Amy have adapted their working dynamic to meet the emotional demands. Sharing hard news with buyers after a competitive offer is a task he says Amy handles especially well. “Nobody can break news to people like Amy can,” he says. Rather than treating this as a gap, the pair has formalized it as a division of labor. “We have to play to our strengths.”
Beyond sharing updates, Spelker says the more durable skill is reframing each step along the way. His standard approach is to remind buyers of a pattern he says he has observed repeatedly: clients who missed out on multiple homes they were certain about eventually found something they preferred. “It’s our job to tell them what is true,” he says, “which is that we’ve had many clients over the years that have lost out on several houses that they thought was the one, only to find something later that they love and are happier with.”
That framing, in Spelker’s telling, is grounded in genuine experience rather than sales technique – a pattern he has watched play out enough times to believe in.
A Market That Rewards a Different Kind of Agent
Spelker frames the current environment as one where sustained personal engagement matters as much as access to listings. “It’s not always just transactional,” he says. “It’s relationship building.” In a market where a buyer might take part in several opportunities before securing one, the agent who can maintain trust along the way is providing something distinct from traditional brokerage services.
Spelker expects inventory to stay tight for some time. Madison currently has 13 or 14 active listings, he says – compared with pre-COVID levels when even fall months might see 25 homes on the market. Peak spring inventory that once reached 50 or 60 listings has stayed in the mid-20s in recent years. Until supply increases significantly or the buyer pool shifts, the multi-year buyer relationship will remain the norm rather than the exception. For buyers entering this market, the ability of The Spelker Team to sustain that relationship through each step may matter as much as their knowledge of listings.
The Spelker Team, Scott and Amy Spelker, are real estate agents at Coldwell Banker Realty in Madison, NJ, consistently ranked among the top producers in their office. Amy brings ten years of professional interior design experience to every listing she prepares. Scott is also Madison’s Town Historian.
This article is based on information provided by the expert source cited above. It is intended for general informational purposes only and does not constitute legal, financial, or real estate advice. Readers should conduct their own research and consult qualified professionals before making any real estate or financial decisions.