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Thursday, August 2, 2012

Pricing Your Home Right

Hi, I'm Linda Smith CEO of the Linda Smith real estate team in Rehoboth Beach Delaware. In an earlier blog, we talked about how important the price point is when selling your home.  In today's market, price point is the difference between our home sitting on the market for months and months.  Establishing a realistic asking price for your home is the foundation of a successful sale.  An overpriced home is unlikely to sell.  In fact, it will help sell other homes on the market that are in competition with yours. On the other hand, a low asking price may give you a quick sale, but it will aslo give you little room for bargaining and may deprive you of your property's full market value. It is important that you evaluate comparable homes currently on the market, and those that have sold. You need to also take into consideration current market conditions, financing availability, interest rate, and other economic factors that will influence the sale price.

For all of your real estate needs, call me!

Linda Smith, Realtor
302-430-6161

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