Answers (1)
- SoCal_Engr
- Contributions:6698
As the seller/owner, you can pretty much do anything with the price that you want. However, if you are serious about getting sold, I'd want more than one comp to base my price on.
Since you dropped the price, I am assuming that you were not getting any offers, and possibly not getting any walkthrough either. What you really need to ask is why the comp sold and yours isn't. Is it location? Size? Amenities? Or, did the seller start with a lower asking and end up with multiple buyers who bid up the price?
Many factors go into setting an asking price. The biggest one I can think of is "how serious are you about selling the house (i.e., "need to" vice "if I can get my price"). Have fun.
Since you dropped the price, I am assuming that you were not getting any offers, and possibly not getting any walkthrough either. What you really need to ask is why the comp sold and yours isn't. Is it location? Size? Amenities? Or, did the seller start with a lower asking and end up with multiple buyers who bid up the price?
Many factors go into setting an asking price. The biggest one I can think of is "how serious are you about selling the house (i.e., "need to" vice "if I can get my price"). Have fun.
Can I increase the price of my condo after lowering it now that I know a comp sold for more?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.