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pricing: Is There a Limit to Home Prices? - 07/21/09 08:28 AM
Do you have plans to buy a home soon? If so, has it occurred to you that some of the homes you inspect may be overpriced? They may be priced too high for the market. How would you recognize that kind of situation? Should you assume that all houses are overpriced and make low offers on all of them until one is accepted? Relax. There's a way to assure yourself of becoming a satisfied homeowner without taking the risk of paying too much. Consider for a moment how prices are set on the homes you will be seeing.Some prices are arrived
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pricing: End Pocketbook Pain - 07/17/07 06:53 AM
How important do you think it is to price your home correctly once you've decided to sell? Are you aware that overpricing can be painful to your pocketbook? Sure, it's simple - an overpriced home rarely sells. Here are some of the best reasons for heeding the advice of your real estate professional regarding price. First, overpricing a home discourages buyers from even making an offer. They feel that even if the offer is accepted, they haven't gained anything more than a fair price. Overpricing also attracts the wrong prospects. If you've priced your $450,000 home at $500,000, you'll be attracting
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pricing: Reduce the Risk of Overpaying! - 04/23/07 08:09 AM
Do you have plans to buy a home soon? If so, has it occurred to you that some of the homes you look at may be overpriced? Given the recent history of the real estate market, they may be priced too high for today's market. How would you recognize that kind of situation? And if you did, what could you do about it? Should you assume that all houses are overpriced and make low offers on all of them until one is accepted? Relax. There's a way you can become a satisfied homeowner without taking the risk of paying too much.
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pricing: Avoid These Five Pricing Pitfalls - 03/23/07 04:06 PM
When a homeowner is ready to sell, it's very easy to be snared in the overpricing trap. After all, we all want top price for our home, don't we? And we all know that prices have risen dramatically in recent years. Given that, it's logical that the asking price they set could be higher than "fair market value." Unfortunately, they probably won't realize it's too high until much later. Here are just a few of the disappointments they might face with an overpriced house: Responses to advertising will probably be slow, since the public recognizes overpricing. Remember, people buy by comparison.Some prospects
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pricing: A Commodity in Danger of Becoming a Liability - 02/11/07 12:52 PM
Have you noticed that many For Sale signs (especially on the Massachusetts North Shore) appear to have put down roots on the front lawns of the homes for sale? And how about the number of signs dotting our neighborhoods? It's staggering! In some instances, it appears that the only people that are not clear on the direction the real estate market has been going for the past 18 months are the ones with the "rooted" For Sale signs. You see, homes are still selling at a decent pace on the North Shore. But frequently it is the new listings that are accounting
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pricing: 20/20 Perception - 02/09/07 11:43 AM
It's said that beauty is in the eye of the beholder. Each of us sees the world through different eyes, don't we? So of course, we each view it differently. The same holds true for buyers for your home. The buying public comes from every conceivable walk of life, and each individual is looking for something special. Some buyers look for convenience in a home, some look for beauty, and some for practicality. Based on their own set of life values, buyers each have a different yardstick by which they measure your home and the final price they would consider paying for
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Jay Burnham - The Coldwell Banker Guy
Beverly,
MA
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