Rethink your sales price every three months

Good advice there.  You are right it should be autopilot for us to do this every 3 months.

Hella,

I so agree with you and every three months especially if there hasn't been much interested isn't unfair to ask.

True, but if you want them to take you seriously it is best to be in touch with them at least every 7 - 10 days.

Hi Hella-

If you can't further improve the property, a price reduction can really get more moving, depending on the time of year.  Unfortunately, many Sellers are letting us know not to even ask...

Have a wonderful week!

--Sara in San Antonio

You are absolutely right, Hella.  There was a very interesting post not too long ago about "Are you in the market or on the market?"  It all comes down to price.

Three month! Wow! I have it written into all of my listing agreements that the list price will be reduced by 5%, every 21 days, at broker's discretion, if no offer has been accepted.

Hella, it's price. Everything will sell for the right price. Sounds like JA has a good solution to this problem.

Hella --- I have weekly conversations with my sellers and email updates at least that often.   Three months would be too long in my market but every area is different and you at least have a standard that has been discussed in advance with your clients. 

Hella, Today, it's about the price - so true! Real estate is local in nature.  And, selling a house is all about open lines of communication between the listing agent and the owner. In our area, at the listing appointment I discuss a price reduction within 30 days, if there aren't so many showings a week or there are no offers.  And, I talk with my sellers at least once a week.