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Market Conditions in Lansdowne : Real Estate Advice

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Fri Apr 18, 2014
elnitaedwards asked:
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Mon Apr 25, 2011
Steve Sisman answered:
Good evening Elizabeth,

Unfortunately, the buyers determine what is a good price in today's buyers' market. A good rule of thumb is if you have 12 showings or are on the market 21 days without even a crazy offer, your home is priced too high. You and your agent should have a conversation every couple of weeks to see what price range homes are selling, what the Sellers are offering (Seller Assist, Home Warranty, etc...) and where your home's price is positioned compared to what is selling. We may feel that a home is priced "Right"; but, if the potential buyers are not making offers, then it may not be. I hope this helps. Steve ... more
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