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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 theyโ€™re too scared to have the price reduction conversation.

They donโ€™t want to upset the seller. They donโ€™t want to admit they got the price wrong. So they do nothing, hoping the market will magically fix the problem.

The best agents donโ€™t avoid difficult conversationsโ€”they embrace them. If your agent hasnโ€™t asked for a price reduction, itโ€™s because they value your approval more than your result.