Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

WHEN SHOULD YOU LOWER YOUR ASKING PRICE?
Your house has been on the market for weeks. Despite numerous ads, open houses and showings there were no offers. Now you are considering a price reduction. You want to get as much as you can for your home, but more important, you want it to sell!
This is the time to have a frank discussion with your REALTOR®. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? 
Review with your agent the current market conditions, the prices of other homes currently on the market and most recent sales in your neighborhood to accurately determine that a price reduction is in order and what your new pricing should be. 
The marketplace may be telling you that buyers just won't pay what you are asking. If all indicators point to a price reduction, it is better to do it sooner rather than later. Remember, your goal is to SELL!

For a professional real estate consultation with a friendly approach based on honesty, integrity and positive results, please contact Samantha Nichols direct at 508-726-1870 or email at Sam@SamanthaNichols.com. ERA Belsito and Associates ... more

__________________________________________________
Are you on The Rain? Grow Your Network!