Thursday, November 11, 2010

The past week of Hudson Valley Real Estate...

I usually post this on Friday, (or try to) but am going to be busy tomorrow morning.  There were 37 properties sold this past week.  Here is the link to them...
Notice the "original price" and "sold price".  Also notice the days on the market, ("DOM").
When pricing properties, I really want my sellers to price properties at least 10% LESS than the rest of the homes similar to theirs on the market, (below the competition).  This can be a tricky thing to explain to a seller, but I am always confidant it works!  There is also a chance that having a great property with a super price could cause a bidding war which could end in the property being sold HIGHER than it's actual value!
Thanks, and hope all is well.

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