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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	What is currently the most sought-after amenity in the majority of upscale homes?
A	Technology that "enables" a home with features such as structured integrated wiring and broadband Internet access is the current amenity of choice.
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Jim Lark, REALTOR�, real estate agent and broker for Mandeville and Covington Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim Lark
ERA Stirling Properties, Inc.
1321 West Causeway Approach
Mandeville, LA 70447
Direct: 985-626-9920
Office: 985-626-5687
Pager: 985-898-8640
Fax: 985-626-4112
Email: jimlark@NUMBER1EXPERT.com
Jim Lark, a longtime resident of the Northshore, brings the expertise and personal touch that will make your real estate experience rewarding and successful! Call or email Jim.

ERA ® is a licensed trademark of ERA Franchise Systems. An Equal Opportunity Company. Equal Housing Opportunity. Each office is independently owned and operated. All information is subject to verification and is not guaranteed.

ERA Stirling Properties, Inc. is a licensed real estate brokerage firm in Louisiana ERA Stirling Properties, Inc., Corporate Headquarters 109 Northpark Blvd. Suite 300, Covington, LA 70433, USA Main 985-898-2022, era@erastirling.com

Jim Lark is one of The Top Selling Real Estate Experts™
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