The infographic below tells an important story for home sellers. Here are some key findings:
Rule 1 — Price it right on day 1. The majority of sold homes needed zero cuts. Homes that went under contract in the first 14 days almost never reduced their price. The best strategy is accurate pricing from the start, not a plan to cut later.
Rule 2 — If you need to cut, do it early and do it once. Sold homes that reduced price made their move within the first 30 days — one meaningful cut, not...
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