Is it better to list your home high and gradually reduce its price over time until a seller bites, or to opt for a lower but more accurate price from the get-go? @properties agent Bob Darrow devoted his latest post on his Your Windy City Guide blog to this question. To find an answer, Bob used his AgentMetrics analysis program to compare price / sales price ratios for homes that had no price changes and those that saw one or more reductions.
Bob Darrow on proper pricing: Better to get it right the first time
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