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Old 09-15-2005, 08:28 AM
smethwickman smethwickman is offline
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Join Date: Sep 2005
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Default When to drop price?

All:

My first post here, so go gently on me.

I live in Collin County, TX and am selling my house.
It has been on the market for also four weeks and
despite 34 showings thus far - a healthy number of
which were repeats - no offer as of yet. Feedback
from buyers has been excellent with the only negatives
being the absence of a pantry and the layout not
working for some people. No negative comments,
however, as to the list price or price per square foot.

The price of $240K is what the market in this particular
part of the world will easily bear but it is not, as they
say, "priced to sell". As I need to sell the house soon
due to an impending divorce, any thoughts as to what
pricing strategies I can employ so as to realize a sale?
By how much - and at what stages - should I lower the
price?

Thanks in advance,
Staffy
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