Is your home competitively priced? Your agent probably showed you comparables before you listed. Is your price in line with others in your area?
Are you getting showings and feedback from the showings? The feedback may give you a clue to what is wrong. It may be a quick fix, clean up or spruce up of curb appeal. Check this before you lower the price.
If you haven't had any showings in the first two weeks on the market, your price may need lowering.
So the answer is, it depends. - Mon Aug 31 2009, 20:44