Selecting a Real Estate Agent in the Long Beach Island New Jersey Real Estate Market
There’s no question that purchasing a home on Long Beach Island is a major expense. With the average price of a single-family home around $1 million in the LBI real estate market it is imperative that you hire the right person to represent you in the transaction. Understanding how to choose a real estate agent in the LBI real estate market is therefore an essential step in the home buying process.
How to Choose a Real Estate Agent in the LBI Real Estate Market
There are a few key steps that any buyer in the Long Beach Island New Jersey real estate market should take before committing to an agent. They are
- Interview multiple agents
- Find out if they are full time or part time
- Ask if their sales production is individual or based on the team
While it may be surprising for me, who is a real estate agent on Long Beach Island, to make the suggestion to interview multiple agents it is a very critical steps. Everyone has different communication styles and expectations. Speaking with multiple agents will help you pair yourself with the right individual or team. When interviewing these agents, one of the best questions to ask is whether they are full time or part time real estate agents on Long Beach Island. This actually has two meanings. Firstly, does the agent have a second job where real estate is not that agents primary source of income. The second and perhaps more important part of this question has to do with summer rentals in the LBI real estate market. Many full-time agents divide their time between summer rentals and sales. Summer rentals are very demanding and can greatly limit an agents effectiveness to understand and work in the sale market. For such a large investment, a homebuyer on Long Beach Island should expect and demand an agent whose sole attention is placed on the sales market. Lastly, it should be understood if an agent sales production is based on individual results or on a team. Many agents have a team of real estate agents working under them yet they claim the sales as their own. This artificially makes them appear to sell more homes and then they actually do. This can greatly limit that agency experience and therefore limit their ability to help you in understanding and resulting potential situations.
Buying and Selling in the LBI NJ Real Estate Market
Understanding how to choose a real estate agent in the LBI real estate market can be the difference between a successful transaction or a costly mistake. Buying a home in the LBI real estate market should be a fun and worthwhile experience. Over time, the investment you make on Long Beach Island should prove to be lucrative as well. This can only be accomplished if the agent who is representing and guiding you and provide you with relevant market statistics and an understanding of what creates the dynamics of the LBI real estate market. For more information about buying a home in Long Beach Island please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | email@example.com
You May Also Like: