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How MuchHow you price your properties is an important part of your marketing plan and can have a large impact on the success of your business. Here are a number of strategies to help motivate buyers and move your property.

Under Market Value.  Underpricing can be a good way to generate multiple offers on a property and may help you make a quick sale. Pricing a home under market value of similar properties may also cause a bidding war among potential buyers and drive the price to market value or higher.  Most sellers are not willing to adopt this strategy, but it can be quite effective.

 Over Market Value.  Some realtors believe that overpricing will lead to higher initial bids on a property. Unfortunately, it may also make the property sit on the market longer. Overpricing is best used when the inventory of similar properties is low in the area. If you have the only three-bedroom, two-bath condo available in a luxury building, you may be able to command a higher price than similar units have sold for in the recent past.

Fair Market Price. The most straightforward strategy is to price the home in the same range as other properties that are of similar style, size and condition in the area. By doing so, potential buyers who know the value of the homes in the neighborhood will consider making an offer on the property if it suits them.

Pricing per square foot.  If you have a property and can’t find any homes in your area that are similar in style, you could base the price on the square footage. Look at recent sales of properties that are as close in size and condition as possible and determine the average price per square foot. You can use that as a guideline to determine the listing price.

Remember, the type of property, along with the current market conditions in the area, should always be considered when deciding on a pricing strategy. The most important thing is to choose the strategy that you are comfortable with and make adjustments if needed.  A qualified real estate professional can help you with your pricing strategy.

Source:  American Home Shield

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Preparing for summer in Mammoth like...

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"Thank you so much for your guidance and expertise in helping us to buy our dream home.
I am so grateful for your hard work and patience with all our questions at every step of the process. I genuinely trusted that you were looking out for our best interests and had our backs throughout this exciting and stressful process."

-Andrew & Cara

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Whew! This was only a 7 day escrow and we did it! So many offers on this one but the CASH offer with a quick close was just what my client was looking for! Thank you to Sara Knadler for bringing a quality buyer and for a smooth transaction. Sierra Escrow made it happen!

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OPEN HOUSE
33 Kelley Road

Sunday, May 22
10 AM - 1 PM

Stop by and view this immaculate and beautiful 3 bedroom / 2.5 bath move in ready home. A rare find for such an amazing location and quality construction. The placement of the home on the lot is off-set from neighboring homes providing a true sense of privacy.

LINK IN BIO FOR DETAILS
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Eric Van Winkle making a difference on Town Clean Up Day this past weekend! Way to represent Eric and the Mammoth Lakes Board of Realtors! #mammothlakes #TOML #communityspirit #towncleanupday #loveourcommunity ...

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Swimming with dozens of Black Tip sharks and rays was exhilarating and fun (well after I got over my initial hesitation)! The water was so clear and these creatures were quite social! The tour was amazing - we went on to see a 12 foot Eagle ray below us while snorkeling! #tripofalifetime #conradboraboranui #pinchme #godisgreat #lifeisgood #blacktipshark #borabora #porapora @johnbushmammothloco ...

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Today is the first day of Day Pass Reservations for Yosemite National Park! If you're in the area remember to make sure you have a reservation to get into @yosemite this summer!

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27 1

OPEN HOUSE
33 Kelley Road

Sunday, May 22
10 AM - 1 PM

Stop by and view this immaculate and beautiful 3 bedroom / 2.5 bath move in ready home. A rare find for such an amazing location and quality construction. The placement of the home on the lot is off-set from neighboring homes providing a true sense of privacy.

LINK IN BIO FOR DETAILS
...

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I know it's something we don't want to think about... but with technology today a seller can be listening or recording you while you view their home. Make sure to be conscious and aware of that and always share your opinions outside or quietly.

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Make sure to show your love and support as we go into the busy summer season to all the amazing workers who make Mammoth such an amazing, beautiful, and safe place to live. Thank you to all our rangers, forest service, hospital workers, police, first responders, SAR members and more!

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That’s a wrap! 40th anniversary trip was AMAZING - don’t know where we could possibly go from here!! Truly a trip of a lifetime. So grateful ❤️ Headed back to reality tonight with arrival in 🇺🇸 tomorrow. Photos coming soon 🌴 #borabora #conradboraboranui #loveourlife #ThankYouGod #lovetotravel #pinchme @johnbushmammothloco ...

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My buyers missed out in a multiple offer situation earlier this year and it happened for a reason. 924 Links Way was meant to be their Mammoth Lakes home! It is perfect for them. Things happen for a reason, right? So excited!' @side_realestate

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Who's coming for a hike with me?! Any guesses which lake this is?

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Flipping homes is a popular practice—and, when done right, buying a flipped home can be a good investment. I have seen some really nice ones in Mammoth Lakes.

But not all flipped homes are created equal—and if you want your home purchase to be a good investment, you need to avoid cheap, poorly done flips.

So how, exactly, do you do that? Read about it in my blog! Link in bio...

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Who says back up offers never become reality? Sometimes when another offer is selected, we ask to be put in back-up position. Some agents say this is a waste of time. NOT ME! This is a perfect example of the original buyer changing their mind and because we did the paperwork to be in Back Up #1 position, we are now in escrow! My clients will be the owners of this gorgeous 3 bedroom townhome near The Village at Mammoth before the end of May! @side_realestate

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It may not seem like it but as a buyer time CAN be on your side. Link in bio for my blog...

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Forty years.
40 years.
F.O.R.T.Y. years.

May 12, 1982 we said “I do.”
In sickness and in health.
For richer for poorer.
In good times and bad.

What a ride it has been! Here is to 40 more❤️ with my best friend by my side 😊 Happy Anniversary babe - thank you for loving me ❤️ #40years #happyanniversary
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Sellers, don't worry! More information in my blog! Link in bio...

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