šØ If you think price reductions mean weakness⦠think again ā they mean sellers are getting serious.
Hereās your Tuesday Tip from the field š
This week, Iām repositioning several of my listings for motivated sellers ā and weāre not alone.
š In the past 7 days:
- 2,646 price reductions in TRREB (Toronto Regional Real Estate Board)
- 200 in the Niagara Region
- 32 in Fort Erie alone
Whatās behind it?
ā 10 months of inventory in Fort Erie.
ā Fewer active buyers.
ā A highly price-sensitive market.
š„ The homes that are getting showings are the ones priced right.
So if you’re listed ā or planning to be ā the price needs to work for todayās market, not last yearās.
š² Want to talk strategy? Text me for a pricing review thatās grounded in reality, not guesswork.
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