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Ask Anything: Ringwood, Wanaque and West Milford New Jersey home buying, real estate listings, and homes for sale in Passaic County, NJ

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Pricing >Making Intelligent Pricing Decisions

Pricing your home is one of the most important decisions you must make when selling your property. Some sellers want to price their home based on the return they would like on their initial investment, while others will base the price on what they need to buy their new home. Location, condition, and accessibility are three other variables that will affect the price of a property.

It is crucial to price your home correctly from the beginning, because it may not sell if it is overpriced. Don't make the mistake of thinking that you can reduce the price later. By this time you will have already lost many potential buyers. The motivation of the seller is a very important factor affecting the pricing decision. The higher the seller's motivation, the lower the price, and low motivation usually means a higher price.

The state of your local real estate market is one of the strongest determining factors when pricing your home. A professional real estate agent will be able to guide you through the pricing pitfalls with a written market analysis that includes the selling prices for similar homes in your area.

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Q	Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"
A	Salt Lake City, Utah.
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Karen Adatto, REALTORŽ, real estate agent and broker for Ringwood, Wanaque and West Milford New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Karen Adatto
Coldwell Banker Residential Brokerage
130 Skyline Drive
Ringwood, NJ 07456
Phone #: 973-962-5413
Fax #: 973-962-9697
E-mail: karenadatto@NUMBER1EXPERT.com
Karen Adatto has been a real estate professional since 1989 gathering years of expericence in both areas of home sellers and buyers. She consistently has been a top producer in the northern New Jersey area, and has helped hundreds of families reach their goals and realize their dreams of home ownership. A longtime resident of Ringwood, Karen specializes in assisting customers throughout the Ringwood, Wanaque and West Milford areas of Passaic County. Having lived in the area since 1979, coupled with her vast real estate expertise, Karen possesses a wealth of information that prospective buyers find extremely helpful. She is a member of the GSMLS CIRCLE OF EXCELLENCE since 1997.

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