There’s no perfect way to start a conversation about a price reduction with sellers. In another real estate blog we follow, the writer outlined three steps on handling this uncomfortable situation. Fortunately for ShowingTime customers, you have a ready-made tool to help with the price reduction process: Listing Activity Reports.
To make price reduction meetings a little easier, follow these three steps:
"Don't let several weeks go by without being in touch with your sellers," wrote the agent in the blog. "When you are constantly in contact updating them, it will be easier to ask for the price reduction." We agree, and suggest using ShowingTime as your ally.
"Be proactive in research, make no apologies for doing your job and keep in contact," she wrote. "It's been stated that one of the big pet peeves a seller has is that their real estate practitioner doesn’t let them know what's going on. The bottom line is that your sellers will respect you for doing your job," she concluded.