Is It Time To Adjust The List Price Of Your Home?
Scott P. Rogers
We should have another solid 60 days (maybe 75) of strong buying activity (contracts being signed) during September and October before things start to slow down in November - and then really slow down in December and January.
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 September 7th -- you likely have a good 60 - 75 days of exposure to a larger pool of buyers before contract activity slows down.
If you wait, and reduce your price on November 15, you have already had a large number of buyers pass your house by - and we'll be rolling into Thanksgiving and then Christmas.
If you reduce your list price next Monday -- on September 7th -- you likely have a good 60 - 75 days of exposure to a larger pool of buyers before contract activity slows down.
If you wait, and reduce your price on November 15, you have already had a large number of buyers pass your house by - and we'll be rolling into Thanksgiving and then Christmas.
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.
