10/01/2026
Before Lowering the Price, Take a Fresh Look
When a commercial property doesn’t sell, lowering the asking price may seem like the obvious next step. Sometimes it is—but not always.
Before making that decision, consider:
• Were the inquiries from qualified buyers?
• What feedback followed property tours?
• Was the property reaching the right investors, owner-users or developers?
• Did buyers have the financial, lease, zoning and property information they needed?
A price reduction may not correct weak positioning, incomplete information or marketing that reached the wrong audience.
In my latest article, I discuss what property owners should review before lowering the price or returning an unsuccessful listing to the market.
Read the article: Crerealtor.net/insights/before-reducing-the-price
If selling is still your goal, I would be pleased to provide a complimentary Commercial Property Sale Review. A fresh perspective may help identify what needs to change.