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When selling a home in the Beach Haven West real estate market, price is perhaps the most important aspect. Thanks to the Internet, there is an unprecedented amount of information available to homebuyers in the Beach Haven West real estate market. Therefore, buyers are very aware of a home that is overpriced, or alternatively, a home that is priced to sell. Listing prices in the Beach Haven West real estate market have a direct correlation to the amount of time a home spends on the market as well as the amount of money a seller will ultimately net.
There are a few things to know about determining days on market in the Beach Haven West real estate market. They are:
If a house is priced correctly, showings should be taking place within a week of being listed it. If a home is priced correctly, it should have an offer within the first 30 to 45 days. With the heavy use of the internet the information, when posted, is available to the general public with an unprecedented speed. With this kind of speed and efficiency in the real estate market, it is no surprise that serious buyers should be made aware of your home almost instantly. External factors like the cost of flood insurance must also be accounted for in the price of home. In short, if a house is priced well and marketed well, it should result in immediate showings.
Many sellers consider multiple offers to be a blessing in the Beach Haven West real estate market. While generally speaking multiple offers are a good sign, it can be difficult to decide how to handle multiple offers in the Beach Haven West real estate market. There are a few tips we can suggest to help distinguish one offer from another.
Apart from the price, any seller in the Beach Haven West real estate market should consider the following:
Most transactions in the Beach Haven West real estate market will contain a mortgage provision so a cash offer can be especially strong as it eliminates the prospect of a buyer not being approved for a loan. The closing date should also be considered. As a seller, the object is to net the most money possible from the transaction. If offers are close in price and terms, a faster closing date can mean less carrying cost on your end. The savings in mortgage payments, insurance, property taxes, etc. can make one offer far more appealing. Lastly, a home inspection is a major impediment to a home selling. Even the cleanest of homes will most likely turn up some issues so a buyer willing to waive a home inspection provision is eliminating one less road block to the closing table!
Learn about the Beach Haven West and Stafford Township areas in Southern New Jersey.
Learn about buying a home in the Beach Haven West NJ real estate market.
C: 609.290.4293 | O: 609.492.1511 | E: ncolmer@vandykgroup.com