Trees, Forests, & Price Reductions
If a tree falls in a forest and no one is around to hear it, does it make a sound?
–ancient riddle
I don’t know the answer to the tree-forest question, but I do know the answer to this one: “if you drop your price when no one’s paying attention, does it do any good?”
That’s why I’m recommending to my listing clients that, if their home is overdue to take a price reduction, better to do it now, when the market is active, than nearer (or after) Thanksgiving, when things predictably slow down.
