How to Market to a Buyer For Your LBI Home
Determining The Market For Your Home on Long Beach IslandLong Beach Island Real Estate Market
Long Beach Island New Jersey has a variety of homes in different locations and with different amenities. There are single family homes, condos, duplexes, storm damaged homes, vacant land, tear downs, commercial properties, and storm damaged homes. With so many options available, it is clear that a home will appeal to some buyers and not to others. The trick to selling a home in the LBI NJ real estate market is determining the market for your home on Long Beach Island.
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How To Market to a Buyer For Your LBI Home
Determining the market for your home on Long Beach Island involves evaluating your property in relation to other homes currently on the market and then focusing on a certain buyer to minimize the time spent on the market.
- It helps to address buyer questions up front when listing a home on Long Beach Island
- Every property has positives and negatives so it is important to point out everything to a potential buyer
Many listings for sale in the LBI real estate market have unanswered questions. It is often these unanswered questions that keep a home from selling. For example, if an agent is marketing a vacant parcel of land, he or she should know what size home can be built on that lot and what the cost to build would be. He or she should have financing options in place and be able to anticipate the needs of the buyer that will be looking for vacant land on Long Beach Island.
Every property will have positives and negatives which can both help and hurt a home’s ability to sell. A useful comparison in this case is a condo and a single family home. A single family home offers the freedom to do what you wish with a property and can have certain legal benefits as well. They are also much more expensive to buy and own often resulting in an inferior location or condition when looking at condos in the same price range. Condos have a board to answer to and may have certain restrictions on what may or may not be allowed in the unit, but they offer ease of ownership and typically cost less to own. By being aware of the strengths and weaknesses of a specific property, a good listing agent can market effectively to the type of buyer seeking that style of home.
Determining the market for your home on Long Beach Island goes a long way in determining how long a home will spend on the market and the final sales price. It is important to make sure that as a listing agent, the marketing is direct and effective towards the type of buyer that will be interested in your home. For more information about how to market to a buyer in the LBI real estate market, feel free to contact me, Nathan Colmer, 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 | ncolmer@vandykgroup.com
www.BuyLBI.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market