Estate Agents Are Cowards When It Comes to Price Reductions
An overpriced property is a slow, painful death for an estate agent. Yet, most agents will let a home sit unsold for months because theyโre too scared to have the price reduction conversation.
They donโt want to upset the seller. They donโt want to admit they got the price wrong. So they do nothing, hoping the market will magically fix the problem.
The best agents donโt avoid difficult conversationsโthey embrace them. If your agent hasnโt asked for a price reduction, itโs because they value your approval more than your result.