Trying to sell your home? How can you tell when it’s really time for a price reduction? Here are 5 signals that you may need to lower the list price of your home:
1. More than one listing agent told you to list it lower. Hopefully, you interviewed more than one agent to get their marketing plans and marketing analyses before you listed your property. Their list price recommendations are just that: recommendations. As the homeowner and seller, the ultimate list price is your decision, and many a seller lists their home at a price higher than their agent recommended. Read more…