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Pricing >Price and Condition
Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.
If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.
Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.
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| Q |
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?
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| A |
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street. |
See More Real Estate Trivia > |
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Deborah La Forge RE/MAX Village Square Realtors 516 Valley Road Upper Montclair, N.J. 07043 Office: 973-509-2222 Ext. 134 Cell: 917-842-7893 Fax: 973-509-7779 deborahlaforge@NUMBER1EXPERT.com
I have been in the real estate business for over 23 years and have gained a depth of knowledge about values, market cycles, and most importantly, being a smart marketer.
If you are selling, I am capable of creating a demand for your home and able to find the very best value for you when you are buying. It is an important decision to buy or sell a home and it's equally important to choose a realtor.
I guarantee your privacy will be respected and look forward to meeting and working with you. 
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