How To Sell Your Home For More How To Sell Your Home For More - Adam de Jong | Page 103

Ray Wood
They began to realise the advice from their agent was accurate and
agreed to another asking price reduction to $425,000 which was the top
of the likely selling range estimate they had received by three agents
two months earlier.
After three further weeks a buyer came through the open house and
made an offer of $405,000. Emily and Bill were disappointed with the
way things were turning out. The price reduction had failed to stimulate
buyer interest. Plus, the one buyer they did have was making offers well
below what they felt their home was worth. They counter offered at
$420,000. After some negotiation, their agent signed both parties to
a contract at $412,000.
Emily and Bill were annoyed the whole process had taken so long
but pleased to have a result just the same. After more than three
months on the market, they were exhausted and ready to move on.
If ever in a similar situation, they would not wait so long to reduce their
asking price.
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