Asked by Mark Green, Maplewood, NJ • Mon Sep 20, 2010
My home is listed at 745K in great condition and location . Have had only a few showings. I am being advised to drop price to 705K to get more showings. Similar house sold on street for 729 recently.
The question I have is whether buyers interested in this property not make inquiries if they did have a price target within 40 K difference.
I think from my point of view if I am looking for a house upto 710K budget and see something I like for 745. I will tend to negotiate as I see 745 and 705 within striking distance.
Am I thinking on the wrong lines.
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