Updated over 6 years ago on . Most recent reply
Listing price: reduce or be patient!
Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore city. Should I reduce the price at this point? I’m highly motivated to sell.
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Theresa Harris
#2 General Landlording & Rental Properties Contributor
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#2 General Landlording & Rental Properties Contributor
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Theresa Harris
#2 General Landlording & Rental Properties Contributor
Pro Member
#2 General Landlording & Rental Properties Contributor
If the average DOM is 120 and you've been listed for 20 days, wait a bit. The time of year also plays a role.