This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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Each month AR runs numerous contests as a way for our members to engage in activities
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Do what's good for you and your business by participating
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Ask a Real Estate Question
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Find informative stats, trends and insider tips on your state, county, city or neighborhood of choice. The insightful experts of ActiveRain share with you in a way only a local resident can.
Are you the reason your home won’t sell?
It’s tough to be a seller selling a home in a buyer’s market. One of the most important things to understand is that the real estate market is a local market. Just because the media is talking about the real estate market going up or down and just because you hear that sales are up or down does not necessary means that it applies to your local market.
Analyze who is buying in your area and what price range most homes are selling for? Have your realtor provide this data for you. You may find this data on-line. Sale prices become available to the public but concessions are not publicized so the information you find on your own can be somewhat off. Consider using a realtor to help you is a very good idea.
Know what your house is worth. Get an appraiser to appraise your house. Although your realtor can provide a comparative market analysis for you as well.
Consider strategic pricing. If home prices falling at 1% per month and you’d like to sell your house in 3 months, reduce the price by 3% when you place the house on the market. This will give your house a competitive edge over the next house. Homes that are competitively priced or priced ahead of the market will generate a greater interest and will result in multiple offers which in turn will generate the highest price possible. Plus in a market that is falling, you will make more money if you sell quickly.
Evaluate whether you really have to sell or want to sell now. If you want to get the highest possible price for your house then you need to be willing to accept the reality that your home is not worth today what it was worth a year ago.
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