How to Chop it Right! Big Price Reduction Brings the Buyers.
A lesson for Sellers. There is a really great house for sale in Malibu that went on the market in Feb. of 2007 at $4,775,000. A few months later the owners dropped the price to $4,575,000. On Jan. 24, 2008 the owners went for the big chop and dropped the price almost $800,000! It soon had buyers swarming and the offers came in. That’s a million do