If your asking price it too high, you need the best real estate agent in British Columbia buyers won't be interested, and your listing will just sit there and get stale. A listing that sits on the market for a long time makes people think there's something wrong with the property. Selling a stale listing, even at a reduced price, becomes much more challenging, since buyers have already seen it and passed over it.
However, dropping the price is never a good idea. It makes you look desperate to sell. Better to come up with a reasonable price right from the start.
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