Recent data show that a new listing gets 3x more online viewings than one that has been on the market 30 days. Even after a price drop, the number of viewings will not come close to a brand new listing. This fact underscores the importance of pricing a home correctly from the beginning, not choosing the strategy of listing high with the option of lowering afterwards.
https://magazine.realtor/daily-news/2019/05/29/don-t-count-on-a-price-drop-to-reignite-a-listing

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