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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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Q	What famous American monument is also the world's heaviest statue?
A	The Statue of Liberty, officially named "Liberty Enlightening the World", weighs 54.31 million pounds.
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The Newland Team, REALTORŽ, real estate agent and broker for Denton, Corinth and Flower Mound, Texas home listings, property and land for sale

The Newland Team
Keller Williams
2434 Lillian Miller Pkwy
Denton, TX 76205
940-390-5885
Fax: 940-382-2773
marilynnewland@BestImageAgent.com

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