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“But My Neighbors Are Asking A Lot More For Their Homes”

I get that response a lot from sellers when we talk about the current value of their home. And my reply, “the same neighbors who have been on the market 6-12 months without selling?”

If you are going to compare prices with neighbors, make sure you are comparing with the ones that are currently in escrow, or those who have sold over the past 3 months, as those are the realistic prices being sold today.

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