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Pricing >The Asking Price Picture this...
Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!
This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.
Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.
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| Q |
What economic factor can make the purchase of a home an excellent long-term investment?
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| A |
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
 See More Real Estate Trivia > |
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Shelia Scott
Brian Jennings
Keller Williams
Indy Metro South
1410 East Morgan St.
Martinsville, IN
46151
Direct: 765-318-1031
Fax: 765-342-5502
primary: sheliascott@NUMBER1EXPERT.Com
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My team and I are here to take CARE of
all YOUR real estate NEEDS! If you are a BUYER we will assist you in finding the
perfect home to handling all the details from START to FINISH. If you are
SELLING your home we will be sure to get you the BEST PRICE in the SHORTEST TIME
possible. SERVICE to YOU is at the Top of list!
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