Frequently Asked Questions

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John Lotito and Associates
Las Vegas Real Estate

Frequently Asked Questions: We list here the most common questions we are asked.
If you have a question that we have not answered,
please feel free to drop us an e-mail or give us a call.

Why You Should Price Your Home Realistically

TIME
Chances are that your home will sell at its fair market value. Pricing it realistically at the outset simply increases the likelihood of a timely sale with less inconvenience and greater monetary return.

COMPETITION
Buyers educate themselves by viewing many homes. They know what is a fair price. If your home is not competitive in value with those they have seen, it will not sell. Buyers typically look at homes within a $10,000 price range. If your home is not priced within the correct range, it very likely will not be exposed to its potential or targeted buyers.

REPUTATION
Overpricing causes most homes to remain on the market too long. Buyers, aware of a long exposure period, are often hesitant to make an offer because they fear "something is wrong" with the house. Often, homes that are on the market for a long time eventually sell for less than their fair market value.

INCONVENIENCE
If overpricing keeps your home from selling promptly, you may end up owning two homes - the one you've already purchased and the one you're trying to sell. This can prove costly and worrisome and inconvenient.

EIGHTY PERCENT OF THE MARKETING OF YOUR HOME IS DONE THE NIGHT WE DECIDE AT WHAT PRICE WE WILL LIST YOUR HOME.

IF YOU ARE UNWILLING TO LIST YOUR HOME AT, OR JUST BELOW THE CURRENT MARKET VALUE, YOU ARE BETTER SERVED NOT TO PUT IT ON THE MARKET AT THIS TIME.

Buying or Selling a Home?
Call John Lotito and Associates
1 800 825-2537
"The Best Move You'll Ever Make!"