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Pricing >Making Intelligent Pricing Decisions

Pricing your home is one of the most important decisions you must make when selling your property. Some sellers want to price their home based on the return they would like on their initial investment, while others will base the price on what they need to buy their new home. Location, condition, and accessibility are three other variables that will affect the price of a property.

It is crucial to price your home correctly from the beginning, because it may not sell if it is overpriced. Don't make the mistake of thinking that you can reduce the price later. By this time you will have already lost many potential buyers. The motivation of the seller is a very important factor affecting the pricing decision. The higher the seller's motivation, the lower the price, and low motivation usually means a higher price.

The state of your local real estate market is one of the strongest determining factors when pricing your home. A professional real estate agent will be able to guide you through the pricing pitfalls with a written market analysis that includes the selling prices for similar homes in your area.

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Q	What is the most expensive piece of property ever recorded?
A	In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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The Ruby Darr Team, REALTOR®, real estate agents and broker for York, Dallastown and Shrewsbury Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The Ruby Darr Team
RE/MAX Patriots
2575 Eastern Blvd.
York, PA. 17402
Phone: 717-718-DARR(3277)
Toll Free: 877-741-6622
Fax: 717-718-9342
Email: teamdarr@NUMBER1EXPERT.com
“Personal Service You Can Depend On!” Contact us at RE/MAX Patriots for all of your Real Estate needs. We can help you from start to finish-marketing your present home to finding a new home, as well as helping you with your financing and mortgage needs. We will truly give you personal and professional service that you can depend on and a positive experience you will not forget.

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