ESTIMATE OF MARKET VALUE
HOW IMPORTANT IS PRICING?

Statistics have shown there is a 95% chance of sale if a home is priced at market value.

There is a 50% chance of sale if priced at 5% over market value.

There is a 30% chance of sale if priced at 10% over market value.

There is a 20% chance of sale if priced 15% over market value.

Buyers buy by comparison, so over pricing accomplishes nothing but lost time and money.

The Seller can only set the asking price. The free market will set the sale price.
 

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