Rightmove and price reductions

bhjm

should display every reduction to my knowledge

Sarah1Mitty2

fackers_2 said:

shiraz99 said:

Does Rightmove show "Reduced" for all price reductions or is it just for reductions over a certain percentage, as my estate agent mentioned? Also does it go back to the top of the list when searching by date, ie, using the date when it was reduced?

My property is on for selling price of £340K for a month now and I've had viewings, about nine in total, not had any offers yet and it's definitely slowed down, this last week was the first without a viewing. I was thinking of reducing it to a guide of £330K to £340K to see if it'll drum up more interest.

Personally I’d you’ve not had any offers, I’d reduce it down less than 330. Maybe £325k so it’s priced to sell and that might likely increase bids which in turn MIGHT generate the original asking price you desire. 

Don’t catch yourself chasing down the market. 

Yes, this is something to avoid.

Sarah1Mitty2

bhjm said:

should display every reduction to my knowledge

PropertyLog is your best bet.