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Real Estate Tips

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.

	See All Tips In The "Pricing" Category >
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Real Estate Trivia

Q	What is a "jumbo mortgage"?
A	The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
See More Real Estate Trivia >

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The Kathy Roush Team Coldwell Banker Gundaker 111 Chesterfield Towne Centre Chesterfield, MO. 63005 314-614-4444 636-532-0200 Fax: 636-532-5556 Email: skaroush@cbgundaker.com Kathy Roush is a special kind of realtor. She puts her clients first. Through outstanding service and attention to details she has successfully assisted her clients buy and sell homes since 1997. By serving the clients' needs Kathy has grown her business each year. Kathy has many industry awards to her credit, but she is more proud of the outstanding relationships she maintains with clients and other agents. So if experience, updated marketing techniques, professionalism and good old fashion superior service are important to you, call Kathy today. www.stlouishomeconnection.com is brought to you by Kathy Roush, real estate for West St. Louis County, Town & Country, Chesterfield, Ballwin and Manchester, Read Kathy Roush's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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