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When Should You Reduce Your Asking Price? Timing Tips from Michael Tomadakis

September 21, 2026

Reducing your asking price too early or too late can both cost you. Michael Tomadakis recommends closely monitoring serious buyer inquiry, competing sales, and inspection feedback in the first 10 to 15 days. If interest drops off and no credible offers emerge, the data points towards a required adjustment. Michael’s evidence-based approach prioritises acting on market signals rather than emotion—waiting too long can cause staleness, but moving too quickly could leave money on the table.

Ready to price accurately and sell efficiently? Get Michael’s expert guidance—contact Collings now.

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