“Normal” Activity in Today’s Real Estate Market
Normal activity when you price strategically…
If the property is strategically priced, “normal” activity in the first few days should be about 10-20 showings, 1-3 offers received and more possible offers in the works. This kind of activity is the beginning of a bid-up situation on the property.
This is what you want. What you do not want to have a lack of activity forcing you to back the price downward from the original “let’s test the market” price.