4 Ways to Check If It’s Time to Reduce Listing Price

” Is my house overpriced? “

It’s a question that crosses every seller’s mind at some point if they’re attempting to sell their property. Properly pricing a home to sell can be tricky, especially if a seller is trying to sell in a slow market or if their home value has depreciated since they purchased it.

Still, it’s crucial that the listing hits the market with an attractive, and reasonable, price tag. Despite knowing this, some sellers will attempt to list a property above market value with the old “start high, come down later” routine, but this poor practice can leave a home stale on the market with little hope of selling.

So if you’re sitting around wondering, “Is my house overpriced?” then ask yourself these 4 questions first: (continue..)