Death by a thousand cuts

Ten price cuts (so far) today, not one of which would stir me into re-showing the property. You have to trust me on this: buyers aren’t going to bid within 10% of your asking price anyway, so cutting it 5% is not going to impress them – they’ve already discounted your price by far more, and see your puny price cut as just acknowledgement of a falling market.

Or that’s my opinion, anyway.

(John  the Baptist gets it all over with at once)

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2 responses to “Death by a thousand cuts

  1. Virginia Beach

    “Buyers aren’t going to bid within 10% of your asking price”

    What % off are they starting at these days? (Typically…recognizing that every property/buyer is different etc)