Don’t Make These Mistakes When Selling in the LBI NJ Real Estate Market
Top Reasons People Sell in the LBI Real Estate Market
LBI NJ Real Estate
Selling a home is a major financial decision and selling a home on Long Beach Island requires a slightly different approach than a primary market. Since Long Beach Island is a secondary market, we do not have the overwhelming demand seen in a primary market which is driven by things such as school districts or job changes. As such, selling a home in the Long Beach Island real estate market requires a different approach. There are two common mistakes sellers can’t make in the LBI real estate market if they want to maximize the proceeds of the sale.
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
Two Common Mistakes Sellers Can’t Make in the LBI Real Estate Market
The two most common mistakes in the LBI real estate market are:
Since Long Beach Island is a secondary home market, the marketing approach needs to reflect this. Techniques that may have a place in the primary market may be far less effective here, and likewise, some marketing that works well in a secondary home market may seem less effective elsewhere. Two examples of marketing are open houses and print advertising. For the primary real estate market, an open house will generally have a very good turnout. This is not always the case on Long Beach Island. LBI has far fewer amounts of foot traffic. Surprisingly, print media can be very effective on Long Beach Island, where as in many markets this is considered a useless form of advertisement. With local publications being so popular and highlighting news on and around Long Beach Island, many people turn to these local publications and will see information about homes they may find interest in. Along with marketing, pricing is of the utmost importance. Regardless of the amount and type of advertising that occurs, if a home is overpriced it simply will not sell. It is important to have a strong marketing and sale pricing strategy in place to ensure the most effective sale possible.
Selling a Home on Long Beach Island Requires the Right Approach
As I mentioned above, a sound marketing strategy is parallel to the successful sale of a home. While there are unique options like print media that are still effective, the Internet is the true powerhouse of real estate on Long Beach Island. You need to have the right approach to the market in place to ensure top online exposure when advertising your well appointed and well priced home in order to ensure a successful sale. For more information about the two mistakes sellers can’t make in the LBI real estate market, please do not hesitate to contact me.
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
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