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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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Q	What is the world's oldest wooden structure?
A	The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Steve Acoba, REALTORŽ, real estate agent and broker for Andersonville, Rogers Park and Gold Coast Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Acoba
Keller Williams Realty
Chicago, IL
Phone: 773-968-9107
Main Phone: 773-968-9107
eFax: 206-339-3239
Email: steveacoba@ameritech.net
Steve is among the top agents of ALL the Keller Williams offices in Midwest Region. Every year since beginning his real estate career he has been recognized as a TOP Producing agent by the Chicago Association of Realtors. He is on track for another top selling year in 2010. With over 15 years of corporate sales experience with a Global 100 company and Keller Williams Realty, he understands and utilizes best practices to continually grow his business. He is dedicated to making your new home purchase or existing home sale as stress-free and trouble-free as possible. Over 95% of his business comes from referrals from past clients! Steve is conversationally fluent in French and Japanese and is also now learning Mandarin Chinese.

His objectives are simple: 1) find buyers the perfect home at the best price and 2) get his sellers the best price in the shortest time possible. His thorough market knowledge, ability to understand his clients needs and wants, honed negotiating skills, professionalism, and tech-savvy are why he boasts a 100% client satisfaction rating. He will EXCEED your expectations and become your Realtor for Life.

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NUMBER1EXPERT™ in real estate for Andersonville, Rogers Park and Gold Coast, Illinois, Condos/Condominiums, Luxury

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