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Item ID 2239881 in Category: Real Estate - Real Estate Agents

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Should I Drop My Asking Price?

Should I Drop My Asking Price?

There are many homeowners out there that have been on the market for a while and are wondering why their house hasn't sold. Perhaps this is you? Perhaps you are frustrated and feel stuck? Usually when you ask an estate agent why your home isn't selling, they will attribute the reason to one of the following:

1. Current market conditions
2. The time of year
3. Your asking price

The first two reasons are convenient external excuses that are often used that cannot be controlled or change by you or your estate agent. Please rest assured that it is perfectly achievable to sell a home regardless of the time of year or market conditions. It all depends on the amount of effort your agent puts in to selling your home.

The one thing that you and your estate agent do have influence over is your asking price. Therefore, your estate agent will often tell you to reduce it to sell your home. You won't be alone in thinking that dropping your price is the answer. However, reducing your price down and down, over and over, can have an adverse impact on your property sale.

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Target Prov.: All Provinces
Target City : All Cities
Last Update : Nov 28, 2017
Number of Views: 9
Item  Owner  : Malcolm White
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2017-12-13 (0.110 sec)