Four Areas You Should Check When Selling a Home in the LBI NJ Real Estate Market
Selling a Home in the Long Beach Island New Jersey Real Estate Market
Selling a home is a major financial decision and selecting the right agent for the job can be the difference between a profitable and enjoyable process or a very difficult one. Some agents can make promises or reduce their commission when selling a home on Long Beach Island but this can often lead to a loss in either service or experience. There are 4 Cuts Your Don’t Want to Make When Selling a Home on Long Beach Island which can easily make the difference between a home that sells for top dollar and a home that sells at a loss.
Four Cuts Your Don’t Want to Make When Selling a Home on Long Beach Island
There are four important areas of a listing you do not want to ignore when selling a home in the LBI New Jersey real estate market. They are:
- Cooperating broker compensation
- Listing agent profitability
- Marketing plans and expenses
- Support staff
When selling a home on Long Beach Island, exposure is the name of the game. Simply put, the more qualified buyers that see your home, the better your chances of selling that home are! Sadly, there are some agents who will either discourage showings or not show listings at all that have a lower commission rate. It is the fundamental basis of the American economy that competition drives up price..and this is true in the real estate market as well! Therefore, the very last thing any seller should do is limit that competition. This is true for the compensation of the listing agent as well. While any responsible and ethical listing agent will do all they can to sell a home they have been hired to sell, their negotiation skills will play a role in the amount of money a seller will take home. If a listing agent is willing to cut their commission up front with little to no resistance, logically, they will not put up much of a fight when negotiating a transaction in the LBI real estate market.
Marketing is one of the first areas that a listing agent will cut. Marketing a home can be expensive, but it is also necessary. Henry Ford once said, “A man who stops advertising to save money is like a man who stops a clock to save time”. Most buyers, over 90%, start their search online. In order to make sure a property is seen by the most buyers possible, an extensive (and expensive) marketing plan is required. To back this up, a support staff is required. When interviewing a real estate agent to sell your home on Long Beach Island, ask to see if they work on their own or if they have a staff in place that can help to ensure your home is seen by the most people possible and that the transaction moves as smoothly as possible. If you are considering selling your home on Long Beach Island, feel free to contact me and I will be happy to answer any questions you have!
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | email@example.com
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