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Pricing >If the Price Is Not Right

A real estate agent has shown you a house that you like a lot. There is only one problem--the price seems too high. In a situation like this, you can still make an offer that you feel is appropriate.

The real estate agent cannot tell you how much to offer, but he or she can give you information about the selling prices of similar homes in the area. The agent will present your offer to the sellers. They have three choices--they can accept, reject, or counter your offer.

If the house is a new listing, or if your offer is very low, they may decide to hold out for something better. Sellers frequently build a little negotiating room into their asking price. Prices that are not negotiable at the beginning of a listing period may become flexible as time goes on. If you want to test the sellers' flexibility, make them an offer.

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Q	Where is the world's oldest hotel?
A	The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties.
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Chuck and Victoria Perry, REALTORŽ, real estate agents and broker for Grand Lake, Grove and Monkey Island Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Chuck and Victoria Perry
RE/MAX Grand Lake
2330 South Main
Grove, OK. 74344
Office: 800 846-9888
Cell: 918 520-1982
Res.: 918 786-9435
Fax: 918 786-9890
Email: cvperry@NUMBER1EXPERT.com
Chuck and Victoria Perry are Experienced Professionals you can trust! They have built their reputations on practicing the values of honesty, integrity and service, with an unwavering commitment to excellence. Both are Brokers, CRS (Certified Residential Specialists) and GRI (Graduates of Realtors Institute).

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