Price Reductions for Waterfront: When It Helps, When It Hurts, and What to Do Instead
Posted by Kristyn Kennedy on
Price Reductions for Waterfront: When It Helps, When It Hurts, and What to Do Instead
Price reductions aren't bad but they should be strategic A price reduction can be the right move. The mistake is reducing price without understanding why the market isn't responding. The 3 reasons waterfront listings stall- Price (out of sync with micro-location)
- Presentation (photos, staging, showing experience)
- Positioning (the story: privacy, docking, sun, access, bay lifestyle)
- You're missing…
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