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how big a price reduction

“10 Showings, $10,000”

Realtor Rules of Thumb Once upon a time, when homes were cheap, Realtors had a saying:  “10 showings, $10,000.” In other words, if a home had 10 showings but hadn’t sold, a $10,000 price cut was in order. Then, home prices went up — seemingly forever — and the phrase fell out of favor. Guess...
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Who’s Watching the Listing?

Saved Searches on MLS How many people are watching a listing? And why does it matter? If a listing isn’t selling, one of the tools Realtors have to gauge interest today is how many prospective Buyers have “saved” the property on MLS; the more people who’ve save the property, the logic goes, the more likely...
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