If You Are Not Getting Offers On Your House, Will You Wait, Or Lower Your Price?


If You Are Not Getting Offers On Your House, Will You Wait, Or Lower Your Price?
By Scott Rogers • November 5, 2020
If you are selling your home and it is prepared well and marketed well, you will likely have a decision to make related to time and price... TIME - Are you willing to continue to wait for the right buyer to come along, eventually, hopefully - that will come to a different conclusion about your house than previous buyers who did not make an on your house? PRICE - Are you willing to adjust the list price of your house to try to make it more attractive to potential buyers and to expand the pool of potential buyers who can afford to buy your house? If your home has been on the market for 60 days without an offer -- or if it has been 60 days since your last price reduction -- you should reflect on whether you choose to value time or money more over the forthcoming 60 days. You can always continue to wait for new buyers to enter the market that hopefully will find your house to be just the right fit for them - or you can adjust the price to try to make your house more attractive to buyers who have and who have not yet seen your house. What will you choose if 60 days have passed without an offer on your house? Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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