I just read a similar article in Inman News (you need a subscription), so I decided to put my own spin on it. Pricing is one of the most important factors in getting a home sold. You'll hear location is #1, and that is also important, but homes sell all over - on busy streets, near train tracks, etc. They sold because they were priced correctly for their negative locations. The same goes for a home that needs a lot of work - if it's priced correctly for its current condition it will sell.
Setting Price Based on Active Listings vs. Sold Listings
I always have to remind Scottsdale real estate sellers that appraisers put the appraised value based on listings that have already sold and closed within the last 3 months (preferred, although they will go…
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