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Pricing >Making Intelligent Pricing Decisions

Pricing your home is one of the most important decisions you must make when selling your property. Some sellers want to price their home based on the return they would like on their initial investment, while others will base the price on what they need to buy their new home. Location, condition, and accessibility are three other variables that will affect the price of a property.

It is crucial to price your home correctly from the beginning, because it may not sell if it is overpriced. Don't make the mistake of thinking that you can reduce the price later. By this time you will have already lost many potential buyers. The motivation of the seller is a very important factor affecting the pricing decision. The higher the seller's motivation, the lower the price, and low motivation usually means a higher price.

The state of your local real estate market is one of the strongest determining factors when pricing your home. A professional real estate agent will be able to guide you through the pricing pitfalls with a written market analysis that includes the selling prices for similar homes in your area.

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Q	What is the only land in the world that has not been walked on by human feet?
A	A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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Warren and Julie Frerichs, REALTOR®, real estate agent and broker for Kinnelon, Pompton Plains and West Milford, New Jersey home listings, property and land for sale - NUMBER1EXPERT™

Warren and Julie Frerichs
Realty Executives Exceptional Realtors
104 Newark Pompton Turnpike
Pequannock, New Jersey 07440
Home Office: 973.492.5782
Fax: 973.492.1570
Office: 973.838.6990
Warren: WarrenFrerichs@RealtyExecutives.com
Julie: JulieFrerichs@RealtyExecutives.com
Warren C. Frerichs of The Frerichs Team serves the needs of buyers and sellers along the RT 23 Corridor. We have extensive knowledge of home construction, values, and local markets that can save you time, aggravation, and thousands of dollars. You could work with an average Realtor, or you could work with the best. Read our testimonials, review our site, and choose wisely. Put our expertise to work for you. Call Warren and Julie Frerichs Today. 973.492.5782

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