Should You Go Ahead And Adjust The List Price Of Your Home?
Scott P. Rogers
We should have another solid 90 days of strong buying activity (contracts being signed) before things start to slow down into the Fall, and then slow down even further in the Winter. If you are intent on selling your home before the end of the year, you may want to consider a price reduction now, rather than later.
If you reduce your list price next Monday -- on July 15 -- you likely have a good 90 days of exposure to a larger pool of buyers before contract activity slows down.
If you wait, and reduce your price on October 15, you have already had a large number of buyers pass your house by.
If you reduce your list price next Monday -- on July 15 -- you likely have a good 90 days of exposure to a larger pool of buyers before contract activity slows down.
If you wait, and reduce your price on October 15, you have already had a large number of buyers pass your house by.
Think strategically about how your house is priced to best position it to realistically be under contract within a timeframe that best works for you.
