If you've had many showings and no interest a price reduction would be the next step in hopes of creating more buyer interest. All depends on your motivation to sell. You might also want to ask your realtor if there was any negative feedback that you may be able to address. Good Luck!... more
There is no answer to how many is "too many" the right answer is to be properly priced. Our analysis shows that the majority of homes sell ( on average ) within 5 % of the final asking price. So if your home is being marketed correctly within a reasonable amount of time you should be receiving offers and activity if you are somewhat close on the price. If buyers/buyers agents believe your home to be 10, 15% or more overpriced.. they will just walk out and find something else.
Have your Realtor refresh your market analysis. I'm curious.. what price did they recommend to list at and who ultimately set the final asking price?... more