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| Signs of an Overpriced House |
If you see any of these, bargain hard for the right price. You may run into a seller who won't budge, but chances are you may get a lower price.
- On the market more than four months
If no buyers are interested, something is wrong or the house costs too much.
- Series of cost reductions
This indicates that the seller has already faced cutting the price, and may be willing to go lower.
- Your comparative market analysis doesn't match the sales price
The last thing you want to do is pay more than your neighbor for the same amount of house.
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