In this episode, we dive deep into the unique real estate landscape of Ocean City, NJ, with seasoned local expert Nick Deckard. Buying in a vacation market comes with its own set of challenges and opportunities, and Nick breaks it all down for us.

We explore the reality of owning a home in this high-appreciation market, where only a small percentage of people can make this dream a reality. Nick shares valuable insights on: How long homes tend to sit on the market and what that means for buyers and sellers. The upfront costs and considerations of buying in a vacation destination. Turning a property into a true asset through smart renting strategies. Nick also sheds light on how realtors and property management companies can help streamline the rental process to secure the best rates, including the costs associated with their services. A key takeaway from our conversation is the importance of working with an island-based agent who knows Ocean City’s streets like the back of their hand. Nick shares insider knowledge about the pros and cons of different streets and the nuances of this beach town market, including the role of flood insurance, mold risks, and the importance of home inspections.
 
We also discuss the longer-than-usual buying process for vacation homes and the value of educating clients throughout their journey. Nick is passionate about helping buyers and offers incredible resources through his social media platforms:
Facebook: *Tips for Buying in OCNJ*
 YouTube:    @LivinginOceanCity  

Whether you’re considering an investment property or your dream vacation home, this episode is packed with actionable advice and expert tips. Don’t miss out on Nick’s in-depth knowledge and the many nuggets of wisdom he shares about the OCNJ market.

Be sure to give it a listen and connect with Nick for more insights!