WHY MOST PRICE CUTS FAIL

https://www.youtube.com/watch?v=AocHF_pmhyw

Most sellers believe that if their home doesn't sell, they can always lower the price later. But the latest Knoxville-area data tells a different story.

In this video, I break down:

✅ Why 56% of active listings have already reduced their price

✅ Why many of those homes are still sitting

✅ Why pending homes are selling much faster

✅ The difference between a price cut and a strategic repositioning

✅ How demand, competition, and price bracketing impact your results

The data suggests the market is making decisions quickly. The homes attracting buyers are typically doing so in the first few weeks, while many others spend another month—or longer—trying to regain momentum.

If you're thinking about selling in Knoxville, Maryville, Tellico Village, Loudon County, Blount County, or anywhere in East Tennessee, understanding how buyers are behaving right now could make a significant difference in your outcome.

If you'd like to discuss your home and see how I would position it in today's market, feel free to reach out.

Noel Russell The Russell Group Realty Executives Associates

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