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Reply to "When should you do a price drop?"
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[quote=Anonymous]I wouldn't drop the price. In your price range to really make a difference you are going to need to drop below one of the search brackets, for example if your home is priced at $399K, you would need to drop to $374,999 to make a difference and to get a new set of viewers. Personally I would say be patient. But, I will say this, if you've received a few offers and they've all been consistently $35K less than yours, what comps are they using? Are they using the houses which sold in your neighborhood and are the same model? Could your realtor not get any of these offers up? Are you countering on the offers? Never be insulted by an offer, always be willing to negotiate.[/quote]
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