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SpinDistribute.com Article Directory

The following article was published in our article directory on March 26, 2021.
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For Sale By Owner Houses -Pricing and Repairs

Article Category: Advice

Author Name: Karen Ramos

Price is Too High
The price being too high is the major factor that causes potential buyers to shy away from a property. Even if a house needs repairs, buyers will be interested if they think they will have enough cash to do those repairs on their own and the price of the residence is reasonable.

You can know if your asking price is too high by comparing it with others on the market. You should compare your house with residences that are similar to yours in terms of the amount of space that they offer, their amenities and so on. It is also important to ensure that you price your house to match those that are in your community or similar areas.

For example, if you own a property that is 15 miles from the nearest school, that will be a factor that parents of young children take into account when they are making a purchase. They will compare the price of your house to another with similar features that is within the same radius.

You should also pay attention to the price being charged for other houses in your community. If you own a three-bedroom house, it cannot be priced to sell for more than the average price for four-bedroom houses in your community.

Too Many Repairs
Sometimes a house requires major repairs. This can be a deterrent to potential buyers who may not have enough money to complete those repairs on their own. You may not need to fix everything on your house but major problems with the plumbing, foundation or roof will discourage some people from buying it.

Keywords: pet travel, pets, home, dog, cat

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