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From an Active Buyer: What Small Price Drops Signal to Me

Hopefully this helps coming from someone actively buying right now.

If I see a house with single/multiple small price cuts in the $5k-$15k range, I usually just move on. It feels like the seller is chasing the market instead of pricing it right upfront. From experience, that usually means way more hassle during the buying process.

I know people will say it’s market dependent, and that’s fair. But I’m starting to see this in major markets too.

If you’re wondering why your house isn’t getting traction, this is probably a big reason.

submitted by /u/myturn19
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source https://www.reddit.com/r/RealEstate/comments/1rwhtb1/from_an_active_buyer_what_small_price_drops/
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