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This time next week, if Windermere broker-owner Dick Beeson gets his way, all of the price-reduced signs in the yards of Pierce County homes will be gone.
Beeson estimates that of the more than 7,000 homes for sale countywide, 1,000 have price-reduced signs. (Sometimes, “new price” stands in for “price reduced.”) Beeson, who believes the Pierce County housing market is on the rebound, said a price-reduced sign gives buyers the misimpression that they can continue to sit on the sidelines.
Also a director for the Northwest Multiple Listing Service, Beeson said he’s encouraged several other brokers in the county to have their agents remove the signs. He'd like them all gone by Tuesday.
“It doesn’t help anybody’s cause to put up the price-reduced sign at this time. It doesn’t mean anything. There’s too many of them. It just shows mistakes in marketing from the beginning,” he said.
Agents: Will you be removing price-reduced signs? Buyers/sellers: Do you think such signs help or hurt?
