In real estate there can be many ways to market properties. Price changes can be one of the tools agents or brokers will commonly use.
A price reduction that is done with the intent of selling the house will typically have to be a dollar amount that is substantial enough to sway potential buyers to purchase your property over others, or put your property into a different price search. For example, if someone is searching for property on Zillow, Realtor.com, Trulia or SourceRealEstate.com, and they are searching up too $600,000 but your property is listed at $601,000. Your property would not show up in their search results, however if your property was listed at $600,000 and within their search criteria, it would be displayed to that potential buyer.
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