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Based on the pricing pyramid, it is clear that more prospective buyers are brought in when a house is listed at a fair market value than if it is listed at a higher market value. Additionally, even more buyers are brought in when a home is priced below market value.
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Based It is imperative to price a home right from the beginning. Interest in a particular home peaks when it is first listed. This is when the greatest number of real estate agents and prospective buyers come to see a home. Therefore, the highest chance to sell a home at fair market value is when it first going on the market.
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