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Price To SellShould I price my home or ranch low or high? Often a seller who is not in a hurry to sell will set the price high. Their reasoning may go like this: "If someone offers me a high price, great. If not, I don't really need to sell right away." The danger of this type of reasoning is the home or ranch becomes stale from being on the market too long. Other brokers don't show the home or ranch as often. Buyers are also savvy to how long a home or ranch has been on the market. They often ask "What's wrong with the home or ranch?" when it hasn't sold. Invariably, overpricing a home or ranch invariably results in a lower selling price. Pricing competitively at the beginning creates a sense of excitement over a new listing, and can often lead to multiple offers. If a home or ranch is overpriced, many potential buyers may be missed, because it's out of their price range. An overpriced house may actually help someone else sell their house, since a buyer will compare the overpriced house to a different property, and realize it's a good deal. Appraisals are often required when a buyer obtains financing, and an appraiser will discover a home or ranch is overpriced. To list your Western Colorado home or ranch now, contact Bob and Linda Lario today for that competitive selling edge! |
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