When Is a Good Time to Lower the Price of a Listing?
Riley Smith, President of The Riley Smith Group talks about when it would be a good time to reduce the price of a listing. After the listing has been on the market for 30 days, and you get very little activity. He recommends to lower the price. He mentions one example where they listed the property, and got little activity within the first month. So they reduced the price significantly, and received an offer within 2 days of the reduction. If you are looking for help with listing your property at the right price, contact us for a Home Valuation today!