I got a new listing two weeks ago tomorrow, showings started that Wednesday, or shall I say showings could have started that Wednesday. Not a single showing, not one, I can't even understand or fathom this. The house is perhaps $5-10,000 over priced, but not too high to prevent a showing or offer, I told my Seller lets get thru the weekend and see what happens. Weekends over - time to reduce the price, but what if showings don't happen?
Then there is the listing that is priced about right, but the others in the neighborhood are $20k higher and overpriced. But we aren't getting showings, and have a ridiculous low ball offer. I am considering whether we should bump the price back up.
The geographical locations are completely different, one incredibly desirable, the other somewhat desirable, then there are my other two listings in very desirable areas that aren't getting showings, are priced very close or where they should be.
What is everyone else experiencing? I am at a loss for what to tell me sellers, I think it might just be the holiday week, but still - vultures are circling and there is no reason for it. Price it right and everyone is assuming distress. It is infuriating!!!
Just going to hang tough I guess, throw a brokers open, another open house? Ideas welcome!
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