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Market Conditions in 11758 : Real Estate Advice

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Activity 1
Sun Dec 19, 2010
Geri Sonkin answered:
Eric,

There is more to determining a realistic asking price for a home in any given geographic area, than knowing the number of bedrooms and style of home. It's a good start, but because there are so many variables, putting the right price on any property is determined by many factors not available in your question. For example, is there much updating in the home, does it have any location issues that might impact on the price, does it have a backyard, etc.

There has never been a time in my twenty years in the business of selling real estate on Long Island that proper pricing has meant the difference between selling in a reasonable time frame or languishing on the market with an ever increasing inventory.
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