In a shifting market, timing your price reduction can mean the difference between achieving a premium and chasing the market down. Michael Tomadakis recommends tracking inspection numbers, offer frequency, and buyer feedback for the first two weeks. If serious buyers aren’t engaging, evidence suggests the price is likely high. Reducing within the first 14–21 days is often optimal—waiting too long leads to staleness, but moving too soon can undermine confidence. Michael’s motto: let the data—not emotion—set the pace. Always check recent sales and watch competitor listings for movement.
Expert strategy starts with evidence—contact Collings now.
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
