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Pricing >Making Intelligent Pricing Decisions

Pricing your home is one of the most important decisions you must make when selling your property. Some sellers want to price their home based on the return they would like on their initial investment, while others will base the price on what they need to buy their new home. Location, condition, and accessibility are three other variables that will affect the price of a property.

It is crucial to price your home correctly from the beginning, because it may not sell if it is overpriced. Don't make the mistake of thinking that you can reduce the price later. By this time you will have already lost many potential buyers. The motivation of the seller is a very important factor affecting the pricing decision. The higher the seller's motivation, the lower the price, and low motivation usually means a higher price.

The state of your local real estate market is one of the strongest determining factors when pricing your home. A professional real estate agent will be able to guide you through the pricing pitfalls with a written market analysis that includes the selling prices for similar homes in your area.

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Q	What real estate board game became the best-selling game in America just one year after it was created?
A	Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Bev & Ian Parsons, REALTOR®, real estate agent and broker for Seattle, Bellevue and Redmond Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Bev & Ian Parsons
Coldwell Banker Bain Associates Seattle
150 Bellevue Way S.E.
Bellevue, WA. 98004
Ian Parsons: 206-954-7292
Bev Parsons: 206-972-0649
Office: 425-990-0135
Fax: 425-455-9659
Email: parsons-realtors@NUMBER1EXPERT.com
bevparsons@cbbain.com
ianparsons@cbbain.com
Bev Parsons has been in Real Estate for over 25 years and has been a top producer for most of her career. Previously she was an elementary school teacher. Ian Parsons has been in Real Estate for 13+ years working with his mother Bev Parsons. He graduated from Seattle University in 1992 with a BA in Business Management.

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