Scottsdale real estate, Paradise Valley real estate and Phoenix real estate Arizona listings, homes for sale, home buying, selling and relocation information Maricopa County Real Estate Agent

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Pricing >Overpriced

In the real estate world, a large group of people are looking to buy homes at any given time. These are the seller's best prospects. This ready group of buyers is wasted, however, if your house is overpriced.

People who have been shopping around and are accustomed to comparing properties will probably refuse to look at your home with an unrealistic price tag. You and your real estate agent may know that you would sell for $10,000 less, but the buyers do not know this. As a result, your overpriced property receives little attention.

Don't be fooled into thinking that your house is worth more than someone is willing to pay for it, or that it's just a matter of waiting for the "right" buyer to show up. Surveys show that the longer a house is on the market before being sold, the greater the drop in price from the listing price when it does sell. The buying public eventually sets an accurate price. An overpriced house just sits on the market, waiting for a price adjustment before it will attract a buyer.

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Q	What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?
A	Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Brian Young, REALTORŽ, real estate agent and broker for Scottsdale, Paradise Valley and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

BRIAN YOUNG PLLC, CDPE - Branch Owner / Manager
DOMINION REAL ESTATE PARTNERS, LLC
6619 N Scottsdale Road
Scottsdale
Arizona 85250
Office: (480) 990 - SOLD (7653)
Direct Line: (602) 405-3949
Toll Free: (800) 520-6692
Brian@ScottsdaleHomeGuide.com
Welcome, and thank you for visiting my web site. Whether you are looking to buy or sell real estate in Phoenix, Scottsdale, Carefree, Cave Creek, Paradise Valley, Fountain Hills or the greater East Valley, please contact me for the most up to date information and advice regarding homes, building lots, new construction homes, golf course properties, luxury homes, gated communities, horse properties, tennis properties and relocation. I am fully commited to providing superior real estate services to my clients.

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