Millburn, Short Hills and Livingston, New Jersey Real Estate Listings & Homes For Sale Provided by Lynn Skuraton

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Pricing >The Asking Price

Picture this...

Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!

This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.

Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.

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Q	What is the average price for a home in the United States?
A	According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
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Lynn Skuraton, REALTOR®, real estate agents and broker for Millburn, Short Hills and Livingston, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Lynn Skuraton, Broker Associate, GRI
Keller Williams Suburban Realty
250 South Livingston Avenue
Livingston NJ 07039
Bus:: 973-251-0100
Cell:: 973-715-0663
Fax: : 973-629-1239
Email: lyskuraton@aol.com
From Castles to Cottages, Corporate Relocation, and Luxury Properties, I specialize in "People Pleasing."

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