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Pricing >The Asking Price Picture this...
Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!
This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.
Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.
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| Q |
What house is considered to be the first house with running water in America?
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| A |
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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Klaus Breitsameter
RE/MAX Realty Group
6 Montgomery Village Avenue Suite 200
Gaithersburg, MD. 20879
Phone: 301-921-2681
Email: klausb@md-dreamhomes.com
Klaus Breitsameter is a full-time, licensed real estate professional with RE/MAX serving clients in Maryland, the District of Columbia, and Northern Virginia.
No other local agent comes even close to personally making 30,000 cold contacts each year. Klaus canvasses area neighborhoods by knocking on hundreds of doors each day announcing his listings, prospecting for buyers.
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