Tool Spotlight

Seller Price Reduction Request

The Seller Price Reduction Request tool helps you draft a persuasive letter to suggest that a client reduces the sales price of their home listing.

What does the tool do?

This tool generates a well-crafted email that you can send to a client whose house is for sale but hasn't sold yet. The purpose of the email is to ask the client to consider reducing the asking price of the house in order to help it sell.

How does the tool work?

The tool takes into account market data and the specific details of the client's listing to craft a logical and persuasive letter. It extracts relevant information from the listing, such as the address and features of the house. It also analyzes local market data, including recent sales, average sale price, days on the market, and other important housing market stats. Based on this information, it explains why the client's home may be taking longer to sell than expected. The tool then drafts a customized email using the client's notes, listing data, and city market data.

What are the benefits of using the tool?

This tool is designed to help you communicate effectively with clients who may be hesitant to reduce the price of their home listing. By providing them with well-researched market data and a persuasive email, you can help them understand the reasons behind the suggestion and increase the chances of selling their home faster. It takes the guesswork out of crafting a compelling email and saves you time and effort in the process.

Try itarrow

Listing URL
Notes about seller
Hey Steve,

I hope you're doing well! I wanted to touch base with you regarding the sale of your house at 1325 Summer Rd. While we've had some interest from potential buyers, we haven't received any offers yet. After reviewing the current market conditions in Houston, I believe it may be beneficial for us to consider adjusting the asking price of your home in order to attract more buyers.

As you know, Houston currently has 10,641 homes available for sale, resulting in neutral market conditions. The average sale price in the area has decreased by 2.4% from last year, and the average sale time has increased by 26.0%. It's crucial for us to position your home competitively in the market to increase its chances of selling quickly.

Based on the data, the median sold prices in Houston have seen a decrease across all bedroom counts. Homes with 3 bedrooms, like yours, have experienced a 6.4% decrease in their sale price from last year. To attract potential buyers and remain competitive, I suggest considering a slight reduction in the asking price of your house.

I understand that this may not be the ideal scenario, but making this adjustment could result in significant advantages. More buyers may show interest, and we can potentially expedite the sale process for you. If you're open to discussing this further and exploring options, I'd be more than happy to chat with you about it.

Please let me know your thoughts, and feel free to reach out to me at any time. I'm here to support you and ensure a successful sale. Looking forward to hearing from you soon!

Best regards,

Steve Smith
Saleswise Realty
(855) 555-5555
www.saleswiserealty.com