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Why real estate price padding does not work in today's market
April 20th, 2012 7:05 PM

Sellers often see no harm in asking a higher price -- one based on their needs or desires rather than what the market will bear. "We can always come down" is a common refrain. Letting your home sit on the market at a price that's too high can result in price reductions and a lower sale price, especially if the market is still declining.

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Posted by Teresa Molina on April 20th, 2012 7:05 PMPost a Comment

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