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Price Adjustments in this New Housing Market

Lamacchia Realty

If you don’t have any requests for showings and if an open house yields an underwhelming crowd, you should review your list price and lower it to attract more buyers. They say “If you overprice it’s better to admit your mistake and cut the price all the way down to the true market value in one fell swoop.” They are right.

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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. If you do not have a lot of time on your hands to organize open houses , this might be the solution for you. No need to spend money on repairs. It is quicker to sell your home as-is.

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Understanding the Basics of Buying Your First Home - Part 2 - Researching and Finding Your Dream Home

Eppraisal

Setting Realistic Expectations Understand the local housing market and pricing trends Balance your budget with your desired features Be open to compromise while keeping your non-negotiables in mind C. List your desired amenities (e.g., backyard, garage, etc.) Prioritize your preferences to help narrow down options B.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? You may need to call agents to see the amount of concessions offered and make an adjustment based on its effect on market value.

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Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. What Is a Buyer’s Market?