Setting the right asking price is crucial when selling your home, but what if your property isn’t getting the attention it deserves? While lowering the price might seem daunting, there are clear signs it could be time to reassess.

Firstly, consider the lack of viewings. If your home has been listed for a while with little interest, buyers might see better value elsewhere. Even with strong marketing, an overpriced home can be easily overlooked.

Next, pay attention to high clicks but low enquiries. If many people view your online listing but don't follow up, the price might be the issue. Savvy buyers often filter results by budget, and if your home doesn’t compare favourably, they'll move on.

Negative feedback from viewers is another indicator. If several viewers comment that your home is overpriced or mention better-value alternatives, it's a strong sign that a price adjustment is needed.

Additionally, if similar homes in your area are selling while yours lingers, review how your asking price compares. The market might have shifted since you first listed, and staying competitive is key.

Finally, consider if you've missed the momentum window. The first few weeks of listing are often when interest is highest. If you’ve missed that early buzz, a timely price adjustment could refresh interest and bring your property back into buyers’ search results.

Lowering the price doesn’t mean failure—it shows you’re serious about selling. A realistic, well-positioned asking price can reignite interest and help you secure a sale sooner rather than later. If you're considering selling your home, we at Maddisons Residential are here to provide expert guidance and support throughout the process.

 

 

 

If you need advice and help on buying or selling a property, please contact us to speak with one of our award-winning team who will be able to help you.