AllFinancialMatters

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.

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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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