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Real Estate
Reply to "How long on the market before a price drop?"
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[quote=Anonymous]My sister and her husband have their house on the market. She asked my opinion on price, I gave it to her, and then she priced it $50k above what I thought was a competitive price for her neighborhood. Her realtor agreed with me, but my sister and her husband wouldn't listen. The house has now been on the market for 2.5 weeks with lots of showings, but no offers. I think she should lower the price, but she says it's too soon. What do you all think? If there have been a lot of showings, but no offers, how long would you wait before dropping the price?[/quote]
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