Now that #LosAngeles is in a buyer’s market, it is smart to have a price drop strategy BEFORE your home is officially for sale.
What happens if you don't get an offer in the 1st 2 weeks?
Do you drop the price? If so, how much?
Do you keep the same asking price for another 2 weeks? Will buyers think something is wrong with the house if you keep it on the market that long?
These are all things you should strategize and prepare for before your home is officially on the market.
Hope for the best and prepare for the worst.
