Zillow Advice: Selling Process - How long should I wait before reducing price? http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Zillow Advice | Zillow Real Estate If you are working with a ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ If you are working with a realtor, this should have been discussed and planned before you hired the agent. Your property shuld be listed at the highest market value. If it has not, get yourself a professional agent. Wed, 04 Jul 2012 08:19:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-04T08:19:00Z Are you attempting to sell ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Are you attempting to sell the home on your own?&nbsp; If so, reach out to a local realtor for guidance and seriously contemplate listing your home with them.<br/><br/>Good luck! Tue, 03 Jul 2012 01:31:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-03T01:31:00Z Have you had an ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Have you had an appraisal? Tue, 03 Jul 2012 01:22:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-03T01:22:00Z Your&nbsp; question cannot ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Your&nbsp; question cannot be answer because we do not have all&nbsp;the facts.<br/>&nbsp; If you have an agent, this something you should be discussing with your agent .Maybe is time to get&nbsp; an agent&nbsp; if you do not have an one. Tue, 03 Jul 2012 00:32:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-03T00:32:00Z What did you list your home ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ What did you list your home at? The price the realtor suggested? Or a price you came up with? It is very common. For people to over value their home because of an emotional attachment. Another common thing is to list with the realtor that told you the highest price if you interviewed a few. Typically the realtor that tells you the highest price is trying to buy the listing only to bring it down to the price of the other realtors later. But in any case I would talk to the realtor and discuss a couple of things. Price of course but also what you can do to spruce up the place Mon, 02 Jul 2012 20:47:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-02T20:47:00Z Before reducing your home ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Before reducing your home price please consider staging, a staging professional will look at your home through the eyes of potential buyers, then suggest adjustments to be made to allow your home to appeal to a wider range of buyers. Staging is a must for home sellers and gives your home the competitive edge in today's market, some stagers offer photography included in the package it's also very cost effective and a lot cheaper than a $$$$$ price reduction. To start the staging process here area few pointers, make sure your home is immaculately clean, remove all clutter and boxes, rooms that have too much furniture are viewed as cramped so need to be emptied out a bit, take down all personal items, photos etc and make sure walls are a neutral color, make sure the home smells great and remove any evidence of pets while potential buyers are viewing. Good Luck! Sun, 01 Jul 2012 16:40:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-07-01T16:40:00Z Your agent should be your ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Your agent should be your resource as to when you reduce price. First determine if it is a buyers or sellers market. NAR suggests 5-7 months of inventory&nbsp;as a neutral market, less than 5 months a sellers market , and more than 7 months a buyers market. Each market will have a different answer. Communication between you and your agent is vital for getting the maximum return on your property. If your agent isn't reponsive it might be time to switch. Thu, 28 Jun 2012 16:14:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-06-28T16:14:00Z Dear User,This is a question ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Dear User,<br/>This is a question for your listing Agent who will know your area/market better then anyone. There might be "other reasons" your home is not getting the offers you expected.<br/>Whenever possible, take the advice of a Professional Licensed Realtor for this important decision. Thu, 28 Jun 2012 15:59:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-06-28T15:59:00Z Professional photography ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Professional photography can help sell a home and that change of face along with even a small price reduction can bring your house back to the attention of buyers.<br/><br/>If your listing is 60 days+, I would consider both options and also asking a trusted friend to help you view your house as a buyer would. Thu, 28 Jun 2012 15:46:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-06-28T15:46:00Z Before you rush to reduce ... http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ Before you rush to reduce price, have you considered professional photography?&nbsp; While proper pricing is the most important factor in getting a home sold, often effective marketing in the form of great photography has a tremendous impact.<br/><br/>If you and your agent feel that the home is priced properly, you might wish to invest in quality photos.&nbsp; Remember, you are hiring your agent to market your home as effectively as possible.&nbsp; Make sure you are getting the quality marketing you deserve.<br/><br/>Statistics CLEARLY show how great photography can reduce a home's time on the market and increase sales price as a percentage of listing price.&nbsp; <br/><br/>While there is no doubt you want to be priced right, you may want to ensure your home is getting maximum visibility first.&nbsp; Professional photos will do this for you.&nbsp; <br/><br/>Just throwing this out there for you as another option... Best of luck... Thu, 28 Jun 2012 15:24:00 GMT http://www.zillow.com/advice-thread/How-long-should-I-wait-before-reducing-price/448462/ 2012-06-28T15:24:00Z