In the real estate world, a large group of people are looking to buy homes at any given time. These are the seller's best prospects. This ready group of buyers is wasted, however, if your house is overpriced.

People who have been shopping around and are accustomed to comparing properties will probably refuse to look at your home with an unrealistic price tag. You and your real estate agent may know that you would sell for $10,000 less, but the buyers do not know this. As a result, your overpriced property receives little attention.

Don't be fooled into thinking that your house is worth more than someone is willing to pay for it, or that it's just a matter of waiting for the "right" buyer to show up. Surveys show that the longer a house is on the market before being sold, the greater the drop in price from the listing price when it does sell. The buying public eventually sets an accurate price. An overpriced house just sits on the market, waiting for a price adjustment before it will attract a buyer.

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Tom Sommers
Edina Realty
7580 160th Street W.
Lakeville, MN. 55044
(952) 994-7204
(952) 997-1854
Fax: (952) 891-7696
Email: tcsommers@NUMBER1EXPERT.com

BUSINESS PHILOSOPHY: To treat each client as you would a friend or family member. Maintain a standard of excellence through honesty and integrity. It is our desire to serve you the client with the highest level of customer service possible.

FOR SELLERS: We have an average list to sale market time of 89 days. On average we get 97% of the listing price for our clients. This is due to an extremely effective marketing campaign and a high level of skillful negotiation. We sell on average 90% of our listings. Please remember the market determines the value of your home not the agent. Choose your listing agent based on the one who can sell your home in the shortest amount of time for the best possible price with the least amount of inconvenience to you and your family. Your bottom line is the most important number of all.

FOR BUYERS: With our complete buyer profile system we will be able to save you time and money. You will not spend your valuable time looking at homes that do not suit your needs. Your time will be spent looking at the best the market has to offer in the areas that you want to live, in your price range with as many amenities that match your criteria. When choosing a buyers agent, base your decision on who will best represent you throughout the transaction.

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