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Price vs. Market time

The first two weeks that a property is on the market is when it receives most attention. If the price is set too high, it will not get shown and lose it's luster of being a new listing. The longer a house sits on the market, the more suspicious Agents and Buyers become of it. And interest in showing the property becomes less.

In order to set the right price on your house, you need the to have all the facts about your home. Such as Comps of homes that have sold in your area, current housing prices in your neighborhood, Economic Obsolescence such as a dump or chemical plant being put in down the street. Your local realtor can tell you these facts.  You do not want to stray too far from these facts, because these are the same facts that a buyer will use when deciding whether to see your house or make an offer.

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bre#01262388, nmls #1082667, Broker Shan Roberts