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Is the Price Right?

Diana Heeb Bivona

Has your house been on the market for a few months while the two down the block sold within a few weeks of being listed? Your home is comparable in age, size and style, so what’s the issue? Maybe the problem is as simple as the price.

A properly priced home can bring you a larger profit when it sells. If your home is properly priced, it can often command the full asking price. And, in an active market such as Las Vegas, chances are you’ll get full list price. It is estimated that the average home in Las Vegas, if properly priced, can expect to sell within .5% of its listed price.

Realtors will typically pull homes for their client to see based on what looks like a good value. Most of which are found searching through the Multiple Listing Service (MLS). Comparable houses that are priced within their expected market range are going to be seen. Homes priced out of the ballpark, run the risk of alienating potential buyers who won’t even take the time to look. So, in short, if you price your home correctly, it will sell in a reasonable timeframe.

For more information, contact MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

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