Articles

Need to Sell Your House? Cut the Price, WSJ

Home sellers learned a painful lesson in June: if you want to sell right now, lower the price...but when does it make sense to lower the price? Trulia’s Tara Nelson offers the following five tips:

    * Multiple listing agents have recommended listing the home at a lower price.
    * Feedback from the buyers’ agents suggests the home is overpriced.
    * The home isn’t getting any showings, even though it’s marketed well.
    * The home has sat on the market far longer than other homes in the area.
    * There’s been multiple offers, but they’ve all been significantly under the list price.
By Nick Timiroas, July 15, 2010 WSJ

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