Understanding the Real Estate Market
If your house is not being shown, it means agents think our price is too high for that neighborhood. Recommendation: A significant price adjustment.
If your house is being shown, but not getting any offers, it means the buyers are finding nicer homes for the money. Recommendation: A moderate price adjustment.
If your house is in the running, but the buyers buy something else or if the buyers view the house a second time, but buy something else, it means that the pricing is close to the right point. Recommendation: A minor price adjustment.
According to NAR, if a house is priced correctly, you should get one offer for every 10 showings. In a normal market, you should get 1-2 showings a week.
Hire an agent who knows the market and has the experience and knowledge to sell your home.



