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Real Estate Tips
Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

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Real Estate Trivia
Q 
How many step are there leading to the top of the Eiffel Tower in Paris, France?

A 
Visitors who walk to the top must go up 1,792 steps.
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Suzanne Stevens, REALTOR®, real estate agent and broker for Rhinebeck, Red Hook and Hyde Park, New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Suzanne Stevens
Keller Williams Realty Team

1289 Route 9, Suite 7
Wappingers Falls, NY 12590
Direct: 845-206-4603
Fax: 866-409-8696
suzannestevens@kw.com

I am a Licensed Associate Broker and have been selling real estate in NY since 1997. Whether you are buying or selling real estate, understanding value and knowing what other similar properties are available or have sold for and having a full time professional help navigate and negotiate your sale or purchase is essential. That is why my experience, knowledge & training can benefit you.

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