Why Selling a Home in the LBI Real Estate Market Without an Agent Can Cost You More Than You Think
- Nathan Colmer
- Aug 30
- 4 min read
Selling in the LBI Real Estate Market
Selling a home on Long Beach Island (LBI) might seem straightforward—especially in a hot market. But going it alone without a professional real estate agent can end up costing you more than you save. From pricing mistakes to missed marketing opportunities, the risks of selling solo are real and often underestimated. While it is true that real estate agents in the LBI real estate market will charge a commission, there is substantial market data to show that by selling on the open market, with full exposure, the seller will net more money than trying to sell on their own.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
The Hidden Costs of FSBO (For Sale By Owner) on Long Beach Island
While skipping the agent when selling in the LBI real estate market might seem like a way to save on commission, sellers often overlook the hidden costs and risks:
1. Incorrect Pricing
Pricing a home in the LBI real estate market accurately is both an art and a science. Without access to up-to-date market data and local trends, FSBO sellers often overprice or underprice their homes. Overpricing leads to longer time on market, while underpricing leaves money on the table. Even Zillow cannot predict prices correctly, as evidenced by the simple fact that they had to stop their own valuation systems as they were mis-pricing and costing themselves a significant loss. The wrong price can and will cost a lot of money when selling in the LBI real estate market
2. Limited Exposure
Real estate agents in the LBI real estate market use professional networks, MLS listings, targeted digital marketing, and social media to maximize exposure. FSBO listings typically rely on limited platforms, reducing visibility and buyer interest. A FSBO can be listed on Zillow and other networks, but this runs the risk of not reaching the whole market, which can cost real money when selling.
3. Legal and Contractual Risks
Real estate transactions involve detailed contracts, disclosures, and legal obligations. Missing a required form or misinterpreting a clause can lead to costly legal issues or failed sales. While an attorney is commonly used in the LBI real estate market, proper disclosures of things like flood zones, home conditions, and various New Jersey legalities need to be discussed before having a contract in place.
5. Time and Stress
Selling a home is time-consuming. From scheduling showings to handling paperwork, FSBO sellers take on the full burden—often while juggling work and family responsibilities. This is especially true in a second home market like the one on Long Beach Island, where many owners are not full-time.
How LBI Real Estate Agents Can Help Sell Your Home
A knowledgeable and experienced real estate professional who works exclusively in the LBI real estate market can make a significant difference when selling your home on Long Beach Island. With deep local expertise, strategic marketing skills, and a commitment to client success, a qualified agent brings value that goes far beyond listing a property. Here’s what you gain by working with a seasoned real estate expert like me:
Accurate Home Valuation: I use real-time market data and local insights to price your home competitively.
Professional Marketing: High-quality photography, virtual tours, and targeted advertising ensure your home stands out.
Expert Negotiation: I advocate for your best interests, helping you secure top dollar and favorable terms.
Smooth Transactions: From listing to closing, I will handle the details, reducing stress and avoiding costly mistakes.
Local Expertise: With years of experience in the LBI market, I understand buyer behavior, seasonal trends, and neighborhood dynamics.
What You Might Miss Selling on Your Own
Buyer Screening: Agents vet buyers to ensure they’re qualified, saving you time and avoiding false starts.
Strategic Timing: Knowing when to list and how to adjust pricing based on market shifts is key to a successful sale.
Staging Advice: Presentation matters. Agents offer tips to make your home more appealing to buyers.
Network Access: Agents tap into a network of professionals—photographers, stagers, inspectors, attorneys—to streamline the process.
Selling in the LBI Real Estate Market
Selling your LBI home without a real estate agent might seem like a way to save money, but the risks and hidden costs often outweigh the benefits. With expert guidance in the LBI real estate market, you can sell faster, smarter, and for more money—while avoiding the stress and pitfalls of going it alone.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
