Be aware of these warning signs that a price adjustment is necessary:
Agents are not previewing it – therefore eliminating it without seeing it. Agents are previewing it, but are not showing it to their buyers.
Buyers are looking at it and making offers on other homes.
In these cases, your home is probably overpriced.
An overpriced home will;
- Reduce agent showings
- Attract the wrong prospects [those looking for a ‘steal’]
- Help to sell the competition
- Reduce the effectiveness of other marketing tools
- Divert potential buyers to other properties
- Eliminate offers
NO AMOUNT OF MARKETING
CAN SELL A PROPERTY THAT
IS OVERPRICED, IN POOR
CONDITION AND WITH