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Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Q	What real estate board game became the best-selling game in America just one year after it was created?
A	Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Kathy and John Petel, REALTOR®, real estate agent and broker for Sanibel Island, Captiva Island and Fort Myers, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

John and Kathy Petel
John R. Wood Realtors Island Real Estate, Inc.
630 Tarpon Bay Road, Suite 7
Sanibel, FL 33957
239-472-2411
Fax: 239-472-1898
KathyPetel@NUMBER1EXPERT.com

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