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Updated about 6 years ago on . Most recent reply

Kyle Glasgow's profile image
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Kyle Glasgow
  • Flipper/Rehabber
  • from Brooklyn, New York
  • Member since Feb 23, 2017
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Kyle Glasgow's profile image
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Kyle Glasgow
  • Flipper/Rehabber
  • from Brooklyn, New York
  • Member since Feb 23, 2017
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Kyle Glasgow
  • Flipper/Rehabber
  • Brooklyn, NY
5
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Listing price: reduce or be patient!

Kyle Glasgow
  • Flipper/Rehabber
  • Brooklyn, NY
Posted

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
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Theresa Harris
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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.

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