Over Priced And Over Looked: When Should A Home Seller Reduce Their Price?
More than one in five home listings now carries a price reduction, but when should a seller adjust—and when should the seller wait? Jon Sanchez and Realtor Aaron Clark explain what online activity, showings, feedback and offers reveal about a home’s price. Learn why overpricing can waste the strongest days of a listing, how repeated reductions affect buyer perception and when repairs, marketing improvements or seller concessions may work better than lowering the price.
The skinny
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