US article recommending making one big drop in the asking price rather than lots of small ones.
Here in Ireland, I always thought it strange when the various vested interests tried to stop sites, like the property pin etc., from showing the actual and % fall in asking prices. Personally, I always looked at the houses with the biggest % fall in the asking price first. If the buyer has just reduced his asking price by a large %, surely he has done this to get his property noticed, and to try and move on the sale. He should be happy to be have the EA shouting his reduction from the rooftops, not trying to hide it.
I suppose however, this is not in the vested interests interest. These are not concerned with this one purchaser, they are concerned with the wider market. It seems to me, they are forgetting that the individual who is paying them, and employing them to sell his property. This person is not worried about the wider market. All he is concerned about is his home that is for sale, and he wants to have as many potential buyers look at it as soon as possible.
Here in Ireland, I always thought it strange when the various vested interests tried to stop sites, like the property pin etc., from showing the actual and % fall in asking prices. Personally, I always looked at the houses with the biggest % fall in the asking price first. If the buyer has just reduced his asking price by a large %, surely he has done this to get his property noticed, and to try and move on the sale. He should be happy to be have the EA shouting his reduction from the rooftops, not trying to hide it.
I suppose however, this is not in the vested interests interest. These are not concerned with this one purchaser, they are concerned with the wider market. It seems to me, they are forgetting that the individual who is paying them, and employing them to sell his property. This person is not worried about the wider market. All he is concerned about is his home that is for sale, and he wants to have as many potential buyers look at it as soon as possible.