5 signs it might be time to reduce your price

June 9, 2008

The signs of Charleston real estate todayIf you want to sell your home and you haven’t sold it, here are 5 signs it might be time to reduce the price on your home.

Inventory levels in the Charleston real estate market are very high currently so buyers have lots of choice. Plus, there are fewer buyers in the market to buy a home in Charleston right now for various reasons.

You should reduce the price:  

  1. If your home hasn’t sold.
  2. If your home hasn’t sold.
  3. If your home hasn’t sold.
  4. If your home hasn’t sold.
  5. If your home hasn’t sold.

I know, I know, I’m not a very good comedian but … if you really want to sell your home and you haven’t, then you should consider reducing the price on your home because nothing matters more than price.

Amy Hoak at MarketWatch put a real list together of 5 signs that it’s time to trim the asking price on your house.

  1. Not enough showings.
  2. Some showings but no contract.
  3. Similar homes are now selling for less.
  4. Repeated negative feedback.
  5. You’ve cut the price, but not by enough.

Read more.

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Posted by Howard | Filed Under Blog, Charleston real estate, Seller Tips 

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