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Pricing Your Home To Sell

Posted by admin on Apr 1, 2007 in Finances, Marketplace, Real Estate, Selling

Once a home is placed on the market for sale, the majority of the showings will occur in the first 30 days.  If the house is priced too high the number of showings are significantly decreased. If a home is priced just 10% over market, chances are the house will get very few showings and no offers. For every day over 45 days a house stays on the market the likelihood that the house will sell near asking price is reduced.The closer the home is priced to market, the more likely it is to sell within 98-99% of original asking price and netting the seller more money in the end.Right pricing is even more important if you are buying another home and need the sale of your existing home to complete the transaction. Losing a home you love because you could not sell yours is heartbreaking.  

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