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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Krause Team, a proven Wildwood, Chesterfield and Saint Louis County, Missouri NUMBER1EXPERT™ Top Selling real estate agent.

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Real Estate Tips
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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Real Estate Trivia
Q 
In what real estate market are more than 90 percent of home sales cash transactions?

A 
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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The Krause Team, REALTOR®, real estate agent and broker for Wildwood, Chesterfield and Saint Louis County, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

The Krause Team
Keller Williams Southwest

10805 Sunset Office Dr. Suite 102
St. Louis, MO 63127
636-549-1129
Fax: 314-626-6219
Dawn@TheKrauseTeam.com


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