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how big price reduction

Why I Call My Front Desk at 2:45 p.m Sunday

Gauging Open House Traffic I don’t know about other Realtors, but whenever I host a Sunday open house (I’ve been doing Sat./Sun. double-headers lately), I like to call my front desk to find out how busy it’s been. So, I try to check in around 2:45 p.m., before my front desk closes at 3 p.m....
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"Nurse! I Need a Price Reduction, Stat!!"

How Big a Price Reduction? If an otherwise well-staged, well-marketed home isn’t selling after a reasonable interval on the market, a price reduction is invariably indicated. How big? It all depends on how overpriced the home appears to be. Toss Out the CMA Once a home is actually on the market, interest from prospective Buyers...
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