How to Make a Competitive Offer in the LBI Real Estate Market

How to Make a Competitive Offer in the LBI Real Estate Market

Making a Competitive Offer in the Long Beach Island NJ (LBI NJ) Real Estate Market

Long Beach Island Real Estate

For many buyers in the Long Beach Island real estate market making an offer on a home is an intimidating step in the home buying process. This can be especially true if there are multiple bids on a home. Regardless if you are the only buyer making an offer or if there are multiple parties, there are a few ways to make your offer attractive. Understanding How to Make a Competitive Offer in the LBI Real Estate Market can save a lot of money in the overall transaction and help you buy your house on Long Beach Island!

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

How to Make a Competitive Offer in the LBI Real Estate Market

There are many different ways to make your offer special and stand out in the LBI real estate market. While every situation is unique, there are few time tested methods that can apply to many scenarios.

If you and/or your agent do not understand the market how can you know what to pay? When looking to make a bid on a property you should evaluate the comparable sales and determine the right price for the house. You should then make a strong bid, based on comps and stand by your number. Apart from offering the “right” price, there are ways to improve your offer based on stronger terms. Dropping the home inspection, paying cash or offering a flexible closing date are but three of the many ways to improve your offer in ways other than simply paying more money. It is easy to get caught up in the emotion of buying a home on Long Beach Island. Humanizing the offer can help both buyer and seller want to work for the same goal. Offer to meet in person or write a note to the seller explaining why you want the house and what your plans are. Building a good rapport can make for a much easier and more enjoyable home buying experience.

How to Make a Competitive Offer in the Long Beach Island NJ Real Estate Market

Every transaction is different and there are many different ways to make your offer stand out in the LBI real estate market. Currently the market is rather competitive so employing some of these home buying strategies can help the purchase price and your overall experience. Remember to treat each situation differently and appreciate how you can offer something special to make your offer stand out. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.

By : Nathan Colmer |LBI Real Estate Agent | 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

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