Selling a home: When should you reduce the asking price?

5 Things To Negotiate When You Buy Your First House – As a first-time home buyer, you probably assume your realtor or real estate agent will do the dirty work of negotiation for you. While that may be true, or you might take a DIY approach selling by..

If you priced your home for what you would like or need to get, you haven’t priced it to sell. Buyers don’t care what you need to get; they will pay market value for the home. So find out what.

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Don't rely on an online valuation model when determining if you should reduce the asking price of your property. While many online sites.

High demand and low supply have made it a seller's market pretty much all over the country, and especially for lower-priced homes. That does.

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So when exactly should you cry “uncle" and lower that asking price?. Are comparable houses selling left and right, but you haven't received.

"You need to figure out things like if you should sell. home financing and other housing-related companies had lost a big chunk of their value. "I saw companies who turned down an offer in 2005 who.

If not, you should seriously consider it. As a home buyer, there’s a good chance you won’t pay anything out of pocket for the agent’s services. It’s usually the seller who pays the commission(s). An experienced agent can help you evaluate the asking price vs the offer amount, by using selling-price data from recent home sales in the area.

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Ask your agent to work up a comparative market analysis (also called a comp or CMA), which will show you the list and sale prices for similar homes that have sold in the last few months. Use that as your guide. "The comparables should be your go-to on a first offer," says Shane Lee on behalf of Realtyhop.

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