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A home priced at it's market value has a 95% chance of being sold within a reasonable marketing period, the higher it's price in relation to other similar properties, the less the probability of its sale. Pricing your property competitively from the start will generate the most activity among brokers and buyers but ultimately, the actual selling price of your home will be set by the market. It is important to remember:
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A property generates the most interest or activity among brokers and buyers when it first goes on the market.
The number of showings initially is greatest if it is priced at realistic market value.
Starting too high and dropping the price later fails to generate as much activity.
It may even become necessary to drop the price below market value to compete with new, well priced listings.
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I can determine a fair and equitable selling price range for your home by doing a comprehensive examination of your property and an analysis of comparable properties presently being offered for sale in your area. A Comparative Market Analysis (CMA) and Estimate of Selling Costs will help you understand how I have established a value for your property and your estimated net proceeds from it's sale.
For a free Comparative Marketing Analysis of your home, please contact me at 612-812-9863 or via email at calinn@cbburnet.com | ... |
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