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Pricing >The Asking Price

Picture this...

Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!

This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.

Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.

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Q	Where is the world's oldest pyramid?
A	The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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Lynn Kline, REALTOR®, real estate agent and broker for Tucson, Oro Valley, Marana and Vail, Arizona home listings, property and land for sale - NUMBER1EXPERT

Lynn Kline
Lynn Kline Realty, Inc.
3208 East Via Palomita
Tucson, AZ 85718
(520) 577-7735
Fax: 866-553-1173
lynnkline@NUMBER1EXPERT.com

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