Hi there - it very much depends on whether the home is priced correctly. At 2 months on the market, unless the price has been adjusted, it is overpriced. You do your best to price a home based on comparable sales but the real answer to whether you have it right comes once the home is listed. If a home does not attract visits - price needs to be adjusted. If the home attracts activity but no offers - the same is true. At the 2 month mark, if a price adjustment has not occurred I would say it is long overdue.
Time on the market does affect value - particularly in a declining and/or sluggish market. But in most markets, it is taking longer than 2 months for homes to sell on average. In fact 5-6 months is considered "normal" or balanced, anything less a buyer's market, anything more a seller's market. But the fact is this, the excitement for any property diminishes greatly after the 45 - 60 day mark. Like you, most buyers are actively looking online, they are well educated, they know the inventory and pricing. While on average homes are not selling in most communitiies in their first 60 days on the market, it remains the most important time in the marketing program - the time of greatest excitement and interest - making overpricing during the initial period of the listing a big tactical mistake.
So bottom line is this - what you need to have to guide you is precisely what the seller should be looking at to evaluate a price adjustment and that is a pricing analysis. It will guide your bid and negotiations. An offer based on the facts of the market - and that is just what will be doing - is far more likely to succeed than one that is not. I always have my pricing analysis at the ready when I present an offer for a buyer, so that I can substantiate why our offer makes sense.
Put another way, a well constructed pricing analysis will immediately flush out overpricing, but it will also help you identify bargains, ie well priced properties. This one - at two months on the market - may not appear to be that, but if a recent price reduction brought the property to its "strike price" then it may move quickly and somewhere between 1-5% of that strike price.
So you get the idea, you need more information on the specifics of the property and the comps. If it is way overpriced, then its possible that 10-15% is not enough of a margin, if it is price properly then it may be far too much. Your opening bid is to initiate a dialogue and prompt a response from the seller. I've found that the way a discussion begins plays heavily into how the process proceeds.
Good luck to you!
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