Problems And Inaccuracies With Online Home Valuations On Long Beach Island

Dated: 06/02/2016

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Online Home Valuations in the LBI Real Estate Market

Problems and Inaccuracies with Online Home Valuations on Long Beach Island

Online Home Valuations in the LBI Real Estate Market
Online Home Valuations in the LBI Real Estate Market

Long Beach Island Real Estate

The Internet has had a profound and lasting impact in the world real estate. Both home buyers and home sellers in the LBI real estate market can take advantage of numerous tools available. It is important to remember that there are limitations to the efficacy of automated real estate websites. Nowhere are these weaknesses more prevalent than in online home valuations in the LBI real estate market.

Selling in the Long Beach Island Real Estate Market

Selling a home in the Long Beach Island real estate market involves several crucial steps, the most important of which is price. Regardless of the amount of staging or marketing, if a home is overpriced it simply will not sell. Automated online valuations can be a dangerous tool as it can often paint an accurate picture of the value of a home. While there may come the day (and I believe that day will come) where online valuations improve, for now it is important to evaluate the property with comparable sold homes as well as the current active inventory to truly determine the net value. For more information about online home valuations in the LBI real estate market were for information about selling your home, contact me and I will be happy to answer any questions you have.

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