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Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

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Q	Where was the famous final airport scene in the 1942 classic "Casablanca" filmed?
A	The scene where Humphrey Bogart says goodbye to Ingrid Bergman was actually shot on the east side of the Van Nuys Airport.
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Dorothy Sahlfeld, REALTOR®, real estate agent and broker for Hillsboro, Sherwood and Wilsonville, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Dorothy Sahlfeld
Keller Williams Realty Sunset Corridor
19075 NW Tanasbourne Drive
Hillsboro, Oregon 97124
Phone: 503-539-5878
Fax: 503-270-5597
Cell: 503-539-5878
Email: INFO@NORTHWESTCOUNTRYHOMES.COM
Specializing in Country Homes in Washington County, Yamhill County and Clackamas County Oregon. Personally and professionally involved with horses and rural properties for over 20 years, I have an in depth understanding of what you need for your country home needs.

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