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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If its under $1M, after 30 days, drop it $10K[/quote] I doubt that's enough to get you any movement, honestly. I'd say $20k-$30k minimum.[/quote] In the under $1M category, $10K is enough to push it into a different search bracket which widens exposure. Example if you are searching for properties up to $599 and your home was priced at $620K, it won't show up most times in that person's search but if you drop to $610K it will start showing up. Most people will not build in a buffer to their price to allow for a $20K price drop right off the bat plus leave room for negotiation. The price drop is really a good will type gesture showing the seller is serious and is willing to negotiate and that often is enough for someone to make an offer. [/quote]
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