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When pricing your house, it’s important to note that the lower the price, the more buyers you will attract.

As noted in the graphic below –

  • Pricing home 15% above market value attracts 10% of buyers
  • Pricing home 10% above market value attracts 30% of buyers
  • Pricing home at market value attracts 60% of buyers
  • Pricing home 10% below market value attracts 75% of buyers
  • Pricing home 15% below market value attracts 90% of buyers

price-pyramid.jpg

 

1 Comments on The Lower the Price, the Quicker the Sale

Some things never change, good post

12/18/2007 01:39 AM by Laura Testa (Nationwide Houses)

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Real Estate Agent: Judy Chapman - Coldwell Banker in Oviedo & Orlando (Coldwell Banker Residential Real Estate)
Judy Chapman - Coldwell Banker in Oviedo & Orlando
Oviedo, FL
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Coldwell Banker Residential Real Estate

Cell Phone: (407) 227-7763
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