Do you have a Rule of Thumb? I do!

I have just sent an email out to my listing because we have the Fall Tab that will be printed in the next 3 weeks.

This Tab has a shelf life of about 3 months and will be in the resturants, grocery stores, novely stores etc.  So we get right much Bang for our Bucks on this one.

I have learned through past experience, these 2 truths.

1.  If you have a property listed for sale and you have showings but NO offers, the your property is 5% over priced!

2.  If you have a property listed for sale and you have NO showings, then your property is 10% over priced!

This keeps holding true, on and on and on until you get to the price that the property will sell for.  The buyer dictates the Market. 

Do you have a guide of some sort like this in your marketplace?

AS a result of the email I sent out to my SELLERS, I did receive 13 price reductions on my listing that will go into the FALL  Tab.

I suggest that YOU try it.