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Real Estate Tips
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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Real Estate Trivia
Q 
What real estate board game became the best-selling game in America just one year after it was created?

A 
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Marcia and Ogden Green, REALTOR®, real estate agents and broker for Palm Springs, Palm Desert and Coachella Valley, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Marcia and Ogden Green
RE/Max Real Estate Consultants

74199 El Paseo Suite 101
Palm Desert, CA 92260
Marcia: 760-880-8565
Ogden: 760-534-2266
Fax: 760-406-4088
Email: MarciaKGreen@aol.com
Marcia: OgdenGreen@aol.com

We work with buyers and sellers throughout the Coachella Valley and the high desert. Our clients are our most important assets!

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