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Mary De Luca
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Are you ready to dive into the Arlington, VA Real estate market? Arlington and other areas inside the beltway don't follow the national trend- so make
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Mary De Luca answered:
Shannon- My first broker always said to me that if a house doesn't sell it's because of the price. And that's the truth. There is a sweet spot at which a property becomes interesting. If you haven't had any traffic- then it's not at the right price. The right price for the market you are in- not for what you thought it would sell for.
There is a lot of inventory out there- go see what else is in your price range and in a lower price range. Determine if you have more or less value. More importantly- find out what is under contract or has sold in the past 60 days to see what is attracting people. You should really price your property at or below the last sold comparable property.
There is a lot of inventory out there- go see what else is in your price range and in a lower price range. Determine if you have more or less value. More importantly- find out what is under contract or has sold in the past 60 days to see what is attracting people. You should really price your property at or below the last sold comparable property.
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