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When Should I Reduce my List Price of My Home? Northern Virginia home seller
Every seller wants to get the highest sales price for their home in the Northern Virginia area. Many times this dream may not come true for a home seller.
If your home has been on the market for a while and initial instinct is you are going to have to adjust the price. 
A common concern many of the home sellers have if I reduce the sales price buyers are going to think we are desperate and we will receive a low ball offer.
It may be true however you have to consider the fact buyers will pay what the market will dictate the price of a home. If you were over priced or at price but did not receive an offer you may want to adjust to being realistic considering the of your home.
On the flip side if the market is sluggish or a lack of demand for your home style or the floor plan even a price adjustment may not be enough to attract a right buyer. Other variables like staging, professional photographer or targeting right buyer pool strategy may have to be used. 
 
As a home seller in Northern Virginia when I should reduce the list price of my home?

Depending on your situation and the market ... more

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