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Seller's Advice
January 3, 2013

Here is a tip for sellers....

If you are looking to sell, take a look at the comps in the area. If your same condo or house a few doors down sold for 300k....... There is no need to put your property on the market at 450k. IT WILL NOT SELL! Put youself in the buyers shoes. If you were looking at houses/condos would you pay 150k more than market value? And here's a news flash....... New cabinets, c arpet, countertops, roof, landscaping, ceiling fans, appliances....... Does not equal 150k in market value. These are appealing items and may get your home sold quicker and maybe a bit more but they do not add 150k in value.

A property is only worth what a buyer is willing to pay. Better yet, it's only worth what the bank is willing to lend. Guess what..... They are willing to lend exactly what the maket shows. 300K.... Save yourself some time and listen to a Realtor... A good one will tell you the truth and refuse to take your listing if it's that overpriced.