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Real Estate
Reply to "I'm nervous ... Our home is going to be listed next week"
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[quote=Anonymous]Listing higher can make sense during a slower market because the assumption is it will take longer to sell no matter what. Starting higher allows you to cut the rice once or twice without losing your goal profit margin, and get the listings bump that comes with a price cut. Also you never know, someone might bite on that higher price, depends on what else is on the market. How does your price compare to the other homes that listed recently? If it's in line or a bit higher, you're fine.[/quote]
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