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Real Estate Tips
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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Real Estate Trivia
Q 
What little-known folk remedy is said to help keep bats away from your home?

A 
According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats!
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John Jackson & Associates, REALTOR®, real estate agents and broker for Kirkwood, Webster Groves and Glendale, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

John Jackson & Associates
RE/MAX Results John Jackson and Associates
11819 Manchester Road
Des Peres, MO 63131
314-965-2002
Fax: 866-996-3232
johnjackson@remax.net

For the second year in a row, John was recently named one of the Top 25 Realtors in St. Louis by the St. Louis Business Journal. Serving the communities of both St. Louis City and County, John and his associates bring unmatched market knowledge and cutting edge technologies to each maximize client results. Trust your real estate transaction to a professional!


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