We all think that our home is the best! When it comes to pricing your home to sell it, it can be a struggle to find the right balance. You look at comparables, market value, and you always want to leave a bit of room for negotiating. Sometimes homeowners push to have the home priced just a little too high. If you aren’t getting enough showings, or no showings, or if there are lots of showings but no offers, this is an indication that the price is too high. The best thing to do is re-evaluate and to make price reductions until you get the right amount of showings happening. The longer the home stays on the market, the worse the end result is going to be. Price reductions aren’t necessarily a bad thing! It’s something to consider when not getting enough showings or offers.
When Are Price Reductions Necessary?
