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Home selling No. 1? Not knowing what your home is really worth and pricing it incorrectly. Here's the ugly truth: your home is not what you think it's worth. Your home is what the market ...
Incorrectly pricing your home won't make it any easier to sell in this market. We recently explored some common home pricing mistakes. Now we'll look at a few more mistakes sellers make pricing ...
Properties listed in the fall usually take the longest to sell, and once they do, they have just so-so sale prices, at least from the seller’s perspective, the report found.
FSBO homes typically sold more quickly than agent-assisted homes; 67% of them being completed in less than two weeks. Of sellers who personally knew the buyer, 71% were satisfied with the process of selling their home. [7]
A 2005 study [2] of real estate commission rates, reported that realtors tended to charge, "about 5 percent to 7 percent of a property's selling price...". More recently, CBS News, "60 Minutes" television news magazine reported in 2007 that competitive pressure resulting from a record number of licensed agents has driven down the average sales ...
In finance, flipping is the practice of purchasing an asset and quickly reselling (or "flipping") it for profit. Within the real estate industry, the term is used by investors to describe the process of buying, rehabbing, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the US, an 11-year high.
Here are 10 tips for selling your home that Realtors say will separate you from the competition — and help you bring in a higher price. 1. Find a real estate agent
Economist Steven D. Levitt famously argued in his 2005 book Freakonomics that real estate brokers have an inherent conflict of interest with the sellers they represent because their commission gives them more motivation to sell quickly than to sell at a higher price. Levitt supported his argument with a study finding brokers tend to put their ...