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Let's try a higher price

Let's try a higher price

Trying to sell at a higher price is a common idea for almost all homeowners.   However, experience shows that most prospects are presented in the initial stage of marketing a property, as shown in the graphic above. After the initial marketing period has passed, the number of buyers that show up each month drops significantly.   Thus,

Make me an offer

Make me an offer

As a homeowner, it is natural that you want to wait for an offer before lowering the price.   However, this presents a serious risk: You will likely never receive any offers, as buyers only see houses a little above what they can afford. This is explained in the graphic above.   In other words, at a high price, your property will be i

We can lower the price later

We can lower the price later

It is common to want to go to hit the market with an inflated price, thinking that you can always lower the price later.   But listing at a price above the market value is a mistake. This is because by the time you finally accept the market price, customers will have lost their interest. Some will bid too low, and you will probably end up un