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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 
Which islands are considered the largest islands in the US?
A 
The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.
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Sheri McBroom, REALTOR®, real estate agent and broker for Phoenix, Glendale and Peoria Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Sheri McBroom
RE/MAX Integrity
20241 North 67th Avenue, Suite A1
Glendale, AZ 85308
Office: 623-572-7224
Mobile: 602-697-5823
Fax: 623-388-6867
Email: Sheri@McBroomHomes.com

I am 15 years in the business with expertise in many areas of the valley. I look forward to helping you with all your Real Estate needs!

REALTOREqual HousingMLSABRGRI


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