One Price Cut Beats Five Small Ones

When a home sits on the market, most sellers do the same thing: trim the price a little, wait, trim a little more, and wait again. It feels cautious. But buyers read it very differently.

Every small cut tells the market your home is still overpriced. And with each cut, the next offer tends to come in lower — not higher. The listing goes stale, and days on market becomes the story buyers talk about.

The stronger move is one meaningful adjustment to where buyers actually are. Three signs it's time:

- Showings have dropped off after the first few weeks

- The feedback keeps repeating the same point about price

- Similar homes nearby are selling below your list price

Price to the market, not to what you paid or what you hoped to get. One real adjustment restarts serious interest; five hopeful ones just advertise the problem.

If you're thinking of selling in Surrey or the Fraser Valley, get in touch and we'll work through the right number together.

Kuldeep Gill, PREC* — Surrey & Fraser Valley Realtor, RE/MAX Blueprint. Call 778-878-5553 or visit kuldeepgill.com.