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An interesting new study coming out of New Zealand reinforces the belief that getting home pricing correct on the first try greatly increases your home being sold. A new home on the market gets 4 times as many page views in the first 5 days as it does during the next week. So if the pricing of the home is wrong, odds of the home selling in a reasonable amount of time goes down dramatically. Yet, how many real estate agents will take a listing from a home seller at an inflated price, JUST BECAUSE THEY BELIEVE IT CAN SELL! For some Realtors part of their marketing plan is to say whatever you as the seller wants to hear. Don't listen to it! Do some research. Have a couple different companies meet with you and explain their Comparative Market Analysis. Keep in mind as well that a lot will go into the market value. Ask the realtor where they are getting their numbers from. They should be happy to walk you through it. Many real estate companies, like Ruhl&Ruhl, use Trendgraphix. This is a service that can pull graphs, statistics, and average costs for homes that have sold in your neighborhood, for example visit RuhlHomes.com/Trends. This can help a great deal with pricing your home. It is beneficial to find a realtor that can offer this type of service and information. For the sellers out there, I would research everything in a listing presentation. If your numbers and the listing agent's numbers don't match up, research why. We warn you about agents who will tell you what you want to hear in hopes of lowering the listing price down the road. The studies show that the prime time for selling the home has past while the pricing was wrong. Recent research shows that 36% of buyers are looking online for their next home purchase. Do you want all of those potential buyers to pass you by? Keep checking RuhlHomes.com for the most up to date information on the real estate market! Courtesy Of: The Real Estate Bloggers
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