A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Monday, May 30, 2005

Selling Your House? Don't Use These Descriptions

Reading Freakonomics, I came across some interesting tidbits of real estate information. Through his research, Steven Levitt discovered five terms that when used to describe a house, correlated with a lower sales price. The terms were:

  • Fantastic

  • Spacious

  • !

  • Charming

  • Great Neighborhood

So, if you ever sell your house, be sure your agent doesn't try to use those terms. Instead, use terms that are descriptive and not vague.

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