New York City Real Estate

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New York Real Estate

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The Result of Overpricing

Many sellers believe that if they price their home high initially, they can lower it later.

Often, when a home is priced too high, it experiences little activity. Gradually the price will come down to market value, but by that time it's been for sale too long and some buyers will be wary and reject the property.

On occasion, the price is dropped below the market value because the seller runs out of time. The property sells for less than it's worth.

1. Location
2. Size
3. Style
4. Condition
5. Community Amenities
6. Buyer Supply
7. Financing Options
Getting to Know Your Market
Factors that influence overpricing
The Result of Overpricing
Missing the Right Buyer
The Importance of Early Activity

Determining the value of your home (beginning page)



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