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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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Q	What document must lenders provide within three days of receiving your application for financing?
A	The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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Yvonne Mauro, REALTORŽ, real estate agent and broker for San Antonio, Alamo Heights and Boerne Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Yvonne Mauro
Phyllis Browning Co.
14855 Blanco Road, Suite 403
San Antonio, TX. 78216
Direct Line: 210-408-4032
Phone: 210-408-2500 Ext. 247
Toll Free: 800-929-3049
Fax: 210-408-2525
Email: yvonnemauro@NUMBER1EXPERT.com
Yvonne, a native of San Antonio, ranks among the top producer circles of the San Antonio area while continuing to provide the very best in personal service. She has received recognition for excellence from The Phyllis Browning Co. for both sales and service. She has been honored by being named a Texas Super Real Estate Agent. Yvonne is a member of the National Assoc. of Realtors, Texas Assoc. of Realtors and San Antonio Board of Realtors. In continuing her education she has obtained her GRI (Graduate of Real Estate Institute), CRS (Certified Residential Specialist) ABR, (Authorized Buyer's Representative) and most recently become a Certified Luxury Homes Marketing Specialist (CLHMS). She has also taken courses in New Home construction to be familiar with all aspects of resale and new homes. The Phyllis Browning Co. is a locally owned and fully independent firm with a first rate Relocation dept. It is a company dedicated to serving the buyers and sellers of high-quality real estate in the San Antonio and surrounding areas with a mission statement to be the very best.

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