HOW THE LISTING PRICE IMPACTS THE AMOUNT OF TIME A HOME SPENDS ON THE LBI NJ REAL ESTATE MARKET

Dated: 08/13/2014

Views: 1582

LONG BEACH ISLAND LISTING PRICE AND DAYS ON THE MARKET

Thanks to the internet and the amount of information available to home buyers on Long Beach Island, the correct listing price for a home is now more important than ever. Buyer’s are very aware of a home that is over priced, priced correctly or under priced in the LBI real estate market. Incorrectly pricing a home will have one of two outcomes. If a house is overpriced, it will spend an unnecessary amount of time on the market and end up selling for less money (to say nothing of the added costs of ownership). If a home is under priced, it will attract a great deal of attention and possibly lead to a bidding war…it can also lead to a lower sales price if the property is priced too far under market value.  The key is to price the house correctly, based on both recent sales and the current inventory of LBI homes. The correct Long Beach Island listing price will create a favorable days on the market and lead to a higher net sales price.Click here to search all homes for sale in the Long Beach Island NJ real estate market

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