Is your house worth that much?
07/10/2015 | Author: Marty Kramer
It has happened again. A for sale sign went up in my neighborhood, and when I saw the asking price for the home, my eyes went wide. I couldn’t believe that house was worth so much.
It turns out buyers were thinking the same thing.
More than two months later, the owners are still trying to sell their property. The price has been reduced several times—more than 20% from the original number.
Meanwhile, other nearby homes have come on the market and sold—some in a week’s time.
How can you avoid a scenario like this? Start by working with a Texas REALTOR®. Your REALTOR® has in-depth experience and knowledge of the activity and values in your neighborhood. By looking at data with him or her, you can come up with a price and strategy to sell your house for the highest possible amount … without it lingering on the market.
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