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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. But it’s critical to dig deeper. Would that help?

Agents 77
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Selling a House ‘As Is’ in Maryland

HomeLight

Median sales price in Maryland. Average days on market for Maryland. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. No staging. Fast facts about selling a house ‘as is’ in Maryland. Disclosures. Skip repairs.

As-is 101
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Selling a House ‘As Is’ in North Carolina

HomeLight

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. No staging. Disclosures.

As-is 85
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Selling a House ‘As Is’ in Indiana

HomeLight

Median sales price in Indiana. Average days on market for Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. This disclosure form is required for almost all residential home sales for properties hosting up to four units.

As-is 97
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Scottsdale Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Homes typically sell after 42 days on the market. The median days on market in Scottsdale, AZ has remained stable over the last month and slightly decreased over the last year. This report provided by Scottsdale Area Association of REALTORS covers residential real estate activity (Condo/Townhouse/Apt.,

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Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The total residential sales in the state recorded a decine of -18.12% year-over-year, from 15,696 to 12,852 sales. August 2019 was $43.

Marketing 111
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Bakersfield Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Trulia has 1,445 resale and new homes for sale in Bakersfield, CA, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The median sales price for homes in Bakersfield for Apr 11 to Jul 10 was $240,000 based on 1,474 home sales. Homes for Sale in Bakersfield.