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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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Q	Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
A	According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies.
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Ellie George and Brian Luzny, REALTOR®, real estate agent and broker for Medford, Central Point and Eagle Point, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Ellie George and Brian Luzny
Keller Williams Realty Medford
1613 Kentucky , Central Point, OR 97502
1012-B NW 6th St., Grants Pass, OR 97526
Main/Cell: 541-601-9582
Fax: 541-608-0448
Office: 541-618-0881
elliegeorge@NUMBER1EXPERT.com
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