Sat.Apr 27, 2024 - Fri.May 03, 2024

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

Strategy 1: Implement a 10-day Price Drop If the seller is close enough to the ideal price point and wants to test the waters at their asking price, agree that if the price gets little to no activity or offers, it will automatically drop to your suggested listing price after 10 days. You can also post it on Craigslist.

Agents 77
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The Texas-size problem with housing inventory figures

Housing Wire

The boxes represent the middle 50% of the data, and the “whiskers” represent data that are close enough to this middle 50% not to be considered outliers. Dallas, for example, did not experience the bounce-back in listings last year that the rest of Texas did, according to CoreLogic MLS data shared exclusively with HousingWire.

MLS 417