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It try safer when this ratio was nearer to 100 %. Your ratio explains some sort of accuracy regarding the representative's pricing exactly how well they promote to promote homes in accordance with other agents. To evaluating community prices, this ratio was a helpful statistic.
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False modesty turns into a loss of cash  it happens that owners estimate the worth of the property to be under it is. Inside nearly 10 percent for the circumstances, owners overestimated some sort of selling price of these property. Each eighth ended up being estimated to be twenty inside 40 percent underneath the price tag to comparable items.
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