5 Signs That It’s Time For A Price Reduction On Your Listing

September 6, 2019 | JoAnne Hamberg
Home > , > 5 Signs That It’s Time For A Price Reduction On Your Listing

You have prepared your home so it is in good condition, it is well staged and has a good Internet presence… but it still hasn’t sold… now what?

Here are five clues it may be time for a price reduction…

1. You aren’t getting many showings

2. You are getting showings but consistent feedback is that the price is above market value

3. You are getting showings with feedback that buyers are interested, but don’t get any second showings or offers

4. You are getting showings that say your property is in good condition and shows well, is priced at market value, but… they don’t like the location, the floor plan is awkward, the rooms are too small, etc

5. Your price per square foot is higher than comparable properties that have sold recentlyPrice is the most important factor in the sale of your home because it takes everything into account. You can’t control the market or where it is located, but you can control the price.


  • Your Realtor will compare your price to recent comparable sales, not just active listings…..active listings that haven’t sold.
  • Price overcomes objections so consider this when discussing a price reduction.
JoAnne Hamberg Founder of The Real Estate Exchange
JoAnne Hamberg, Broker

Have a Question? Contact Us

Representing both buyers and sellers, we have helped broker the sale of all manner of homes including mobile homes and residential real estate. Let us know how we can help you.

The Law Office of
David R. Rocheford, Jr., P.C.

(978) 847-010
156 Hamilton Street, Leominster, MA 0145

Visit Website

D&D Waste Removal

(978) 342-6893
72 Jackson Road, Fitchburg, MA 01420

Visit Website

Twin City Fuel

323 Princeton Road, Fitchburg, MA 01420

Visit Website

City Line Paving

(978) 343-6256
39 Garland Street, Fitchburg, MA 01420

Visit Website