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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.
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Drew Coleman
The Hasson Company Realtors
15400 SW Boones Ferry Road
Lake Oswego, OR 97035
Cell: 503-534-1550
Fax: 503-212-5150
Office: 503-635-9801
DrewColeman@NUMBER1EXPERT.com
Top-producing full time real estate professional since 2001. Headquartered in Lake Oswego, Oregon at America's top-producing real estate company on a per-agent basis, The Hasson Company Realtors. Recognized as one of Portland's top agents based on standing in highest classification of the Metropolitan area's "Million Dollar Club" as well as holding the ABR, GRI, E-Pro, CRS, CNHS, & RCC designations. Areas of expertise include Urban and Suburban Portland, Oregon, including Portland, Lake Oswego, Beaverton, Tigard, Tualatin, West Linn, Clackamas, Milwaukie, Wilsonville, Aloha, Hillsboro, Newberg and Sherwood. Seeks to streamline and modernize the real estate process through the use of innovative techniques, technologies, and marketing strategies.
New construction, luxury real estate, one-level homes, first-time home purchases, property marketing, relocation, estate sales, investment real estate, condominiums, move-up transactions, move-down transactions, rehabbing, land, development, senior real estate.     
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