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Real Estate Tips
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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Real Estate Trivia
Q 
What is the only land in the world that has not been walked on by human feet?

A 
A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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The Rosemary West Team, REALTOR®, real estate agents and broker for Naperville, Plainfield and Joliet, Illinois home listings, property and land for sale - NUMBER1EXPERT™

The Rosemary West Team
RE/MAX Professionals Select

2272 West 95th Street Suite 200
Naperville, IL 60564
Phone: 630-305-5740
Fax: 815-729-1878
Email: rosemarywest@NUMBER1EXPERT.com


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