📉 When and How to Offer Price Reductions

Markaz

Last Update 3 gün önce

If your listing hasn’t generated offers in 60–90 days, it may be time to adjust your pricing.


When to Reduce Price:

  • Low inquiry or foot traffic despite good marketing

  • Buyers repeatedly say it’s overpriced

  • Similar properties are selling faster at lower rates


How to Do It Strategically:

  • Start with a 5%–10% reduction.

  • Announce the price drop in your listing description (“Limited Time Offer” or “Price Revised”).

  • Highlight any improvements made since the original listing.


Tip: Don't reduce repeatedly. Two well-planned reductions are better than many small ones, which may signal desperation.

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