Selling Your Home? 3 Reasons Why You May Need to Accept a Bid That's Below Your Asking Price
Posted by Tom Crimmins Realty on
When a homeowner makes the decision to sell his or her property, it is most common for a skilled real estate professional to provide valuation services so that a reasonable asking price can be established. While the asking price may seem fair to the homeowner, the fact is that not all properties will sell at the original asking price. There are several instances when a homeowner may need to consider accepting a bid that is below the asking price.
When The Property Has Been On The Market For A While
Most homeowners will learn about the average listing time for similar properties in the market through their real estate agent, but some homes will remain on the market for longer than average. When this happens, a homeowner may begin to get concerned,…
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