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Trends

How do price cuts affect seller willingness to negotiate offers?

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Answer

Listings with documented price cuts tend to have sellers who are twice as willing to negotiate concessions such as closing costs or repair credits. Price reductions usually indicate the seller's readiness to adjust pricing to the current market, especially in slower selling seasons. Buyers targeting these listings can often secure deals one to three percent below original asking prices, improving overall affordability and closing flexibility.

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