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Asked by Jennifer, Massachusetts Wed Nov 12, 2008

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Mark Letourn…, Agent, Franklin, MA
Wed Nov 12, 2008
Price like this typically enhances the QTY of buyers to your home. As you will find amoung most web searches home pricing is set in increments (ie 250,000-300,000 or 275,000-325,000). So in turn if Homes are priced on the 000's 25's or 50's you will get searchers who either end or begin at those searches. I find 000's usually attract the most buyers. So that being said I woulld ask your agent for an updated CMA. If you feel the range pricing is "scaring" people away I would try to just keep it at 300K w/out the tag line seller's will entertain offers between 300 and 315k, before reducing the list price further.
Web Reference:
1 vote
Joan Fantini,…, , Bellingham, MA
Mon Nov 17, 2008
There are many factors effecting a property's saleablility ...price and terms being the most important.
This time of year always brings fewer buyers with more buyers writing offers "after the holidays". Also, typically a property on a "busy street" would have less interested buyers and sell for less than a comparable property in a neighborhood setting. Some buyers are "turned off" buy an asking price of say..$300,000 with offers being entertained between $300,000 to $315,000. Some buyers feel its a "gimmick". I suggest sellers look closely at their competition when choosing a listing price for their property.
0 votes
John Parlato…, , Newburyport, MA
Wed Nov 12, 2008
How does your property compare to the competition? 41 days is a relatively short time on the market. Is the busy road a point of negative feedback? Average market time for single family home sales over the past 6 months is 120+ days in your market. As far as value range pricing, I don't think that would prevent an offer from an interested buyer. I would focus on how your price stacks up with competition and discuss with your Realtor. Average price usually equals average market time.
0 votes
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